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EPOW Announces It Has Delivered 3,000 Metric Tons Graphite Anode Purchase Order in July, Making A New Record
ZIBO, China, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced Sunrise
About this update from E-power Inc.
[{"type":"text","content":"ZIBO, China, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced Sunrise (Guizhou) New Energy Materials Co., Ltd. has delivered 3,000 metric tons graphite anode to customers in July, making a new record of monthly shipment. Sunrise’s key customers include the global top ten manufacturers of power batteries and energy storage batteries, such as BYD Company Limited (ticker: 002594) and Zhejiang Narada Power Source Co.,Ltd. (ticker: 300068). The Company anticipates that it will recognize significant revenue increase in the second half of this year. “This is a huge step for us to finish the construction of 30,000 tons annual manufacturing capacity and provide stable supply to the world's top manufacturers of power and energy storage batteries. ” said Sunrise’s Chairman, Mr. Haiping Hu. “We strive to meet customers' requirements for high-quality products, bringing excellent reputation and financial benefits to the Company.” 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 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 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-look...