Sunrise Records 132% Surge in First-Half Sales Volume, Featured in Guizhou TV Report as a Leading Anode Materials Manufacturer
13 August 2024 - 5:58PM
Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or
“our”) (NASDAQ: EPOW), today announced that the Guizhou
Provincial Radio and Television Channel's "Finance Qianxinan"
program featured an interview with Mr. Haiping Hu, the founder
and CEO of Sunrise.
The report highlighted that Sunrise is a leading
manufacturer of lithium-ion battery anode materials, driving
industrial innovation through technological innovation and has held
more than 70 patents globally. Sunrise's products cover a wide
range of anode materials, including synthetic graphite, natural
graphite, composite graphite, soft carbon, hard carbon, and
silicon-carbon, which are widely used in electronics, electric
vehicles, and energy storage. Sunrise has established in-depth
R&D partnerships with multiple industry-leading enterprises
across the value chain.
“In the first half of 2024, Sunrise (Guizhou) New Energy
Materials Co., Ltd. has sold 10,400 tons products, representing a
132% increase compared to the same period last
year.” commented by Mr. Haiping Hu. “The Company’s production
capacity can meet the increasing demand for high-end anode
materials from multiple leading enterprises it has contracted
with.”
Guizhou Provincial Radio and Television Channel
commented that Sunrise strengthens the leading role of
technological innovation and industrialization. The Company
continuously enhances its competitiveness, effectively promoting
the high-quality development of the industry, and has made a
positive contribution to the economy of Guizhou Province.
About Sunrise New Energy Co., Ltd
Headquartered 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 has completed
the construction of a manufacturing facility with a production
capacity of 50,000 tons 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.
Forward-looking statement
Certain 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
published on the SEC’s website. In view of the above and other
related reasons, we urge investors to visit the SEC’s website
and consider 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
unless required by law.
For more information, please contact:
The Company:
IR Department
Email: IR@sunrisenewenergy.com
Phone: +86 4009919228
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