Sunrise Secures $1.04 Million in Funding for Innovative Silicon-Carbon Anode Project
14 Oktober 2024 - 3:28PM
Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or
“our”) (NASDAQ: EPOW), today announced its "Key Technologies and
Engineering for New Silicon-Carbon Anode Materials in Lithium-Ion
Batteries" project officially received approval from the expert
panel of the Guizhou Provincial Department of Science and
Technology. Following multiple rounds of evaluations, the project
was granted a special technology fund of USD 1.04 million.
The project stands out for its advanced
technology, with a specific capacity of ≥1900mAh/g, a first coulomb
efficiency of ≥91%, and a long cycle life of 1000 cycles with a
capacity retention rate of ≥80%. These features place the project
at the forefront of global battery technology and promise to
support a major breakthrough in solid-state battery
performance.
“We are proud that this project is the only one
of its kind led by an anode materials company in Guizhou Province
to receive such funding.” stated Mr. Haiping Hu, CEO of Sunrise.
“Sunrise has always been committed to the research and production
of cutting-edge anode materials for lithium batteries, striving to
create value and deliver strong returns to our shareholders. This
achievement is a testament to our dedication and expertise in
advancing battery technology.”
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
DepartmentEmail: IR@sunrisenewenergy.comPhone: +86
4009919228
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