EPOW's “High-Energy Fast Charging Lithium Battery Graphite Anode Project” Secures Approval in Industrialization of Advanced Scientific and Technological Achievements
04 März 2024 - 3:25PM
Sunrise New Energy Co., Ltd. (NASDAQ: EPOW), today announced the
approval of its "High-Energy Fast Charging Lithium Battery Graphite
Anode Project" by Guizhou Province's Department of Science and
Technology as part of the provincial "Industrialization of Advanced
Scientific and Technological Achievements" plan. This project aims
to utilize patented technology to enhance energy density, improve
charging efficiency and cycling performance. Sunrise has made
significant breakthroughs in these areas, paving the way for
large-scale industrial application and positioning itself as a
leader in the industry.
Guizhou Province's Industrialization of Advanced
Scientific and Technological Achievements plan seeks out patented
innovations that align with market demands for industrial
transformation. By providing technical support, funding, and talent
rewards, the plan aims to accelerate the growth of selected
enterprises.
"We are proud to be selected for this plan, as
it will provide additional funding and attract investors to support
our research and development efforts," stated Mr. Haiping Hu,
Chairman of Sunrise New Energy. "EPOW is poised to capture the
market for high-end battery graphite anode materials, strengthening
our company's influence and fostering collaboration throughout the
supply chain."
About Sunrise New Energy Co.,
LtdHeadquartered in Zibo, Shandong Province, China,
Sunrise New Energy Co., Ltd., through its joint venture, is engaged
in the manufacturing and sale of graphite anode material for
lithium-ion batteries. The Company’s joint venture is constructing
a 260,543 ㎡ manufacturing plant in Guizhou Province, China. The
plant runs on inexpensive electricity from renewable sources, which
helps to make Sunrise New Energy a low-cost and
low–environmental-impact producer of graphite anode material. Mr.
Haiping Hu, the founder and CEO of the Company, is a major pioneer
for the graphite anode industry in China starting from 1999. The
Company’s management team is also composed of experts with years of
experiences and strong track-records of success in the graphite
anode industry. In addition, the Company also operates a knowledge
sharing platform in China. For further information, please visit
the Company’s website at www.sunrisenewenergy.com. The Company also
maintains a Twitter account (@sunrisenewener1) to keep investors up
to date on the latest development of the Company.
Forward-looking
statementCertain statements in this press release
regarding the Company's future expectations, plans and prospects
constitute forward-looking statements as defined by Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include statements about plans, goals, objectives,
strategies, future events, expected results, assumptions and any
other factual statements that have not occurred. Any words that
refer to "may", "will", "want", "should", "believe", "expect",
"expect", "estimate", "estimate" or similar non-factual words,
shall be regarded as forward-looking statements. Due to various
factors, the actual results may differ materially from the
historical results or the contents expressed in these
forward-looking statements. These factors include, but are not
limited to, the company's strategic objectives, the company's
future plans, market demand and user acceptance of the company's
products or services, technological updates, economic trends, the
company's reputation and brand, the impact of industry competition
and bidding, relevant policies and regulations, the ups and downs
of China's macroeconomic conditions, the relevant international
market conditions, and other related risks and assumptions
disclosed in the Company’s Annual Report on Form 20-F.. In view of
the above and other related reasons, we advise investors not to
blindly rely on these forward-looking statements, and we urge
investors to visit the SEC’s website to consult the company's
relevant documents for other factors that may affect the company's
future operating results. The company is under no obligation to
make public amendments to changes in these forward-looking
statements due to specific events or reasons unless required by
law.
For more information, please
contact:The Company:IR DepartmentEmail:
IR@sunrisenewenergy.comPhone: +86 4009919228
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