Welcome to our dedicated page for Sunrise New news (Ticker: EPOW), a resource for investors and traders seeking the latest updates and insights on Sunrise New stock.
Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) news covers the company’s role in advanced battery materials, particularly graphite and synthetic graphite anode materials for lithium-ion and related battery technologies. The news flow highlights how Sunrise, through its joint venture and subsidiaries, signs supply agreements, advances research projects, and secures patents that shape its position in energy storage, telecom backup power, and high-power battery applications.
Recent announcements include multi-thousand-ton anode material supply contracts with companies such as Guizhou Jiaying Technology Co., Ltd., Shanghai Pylon Technologies Co., Ltd. (Pylontech), Anhui Narada Huatuo New Energy Technology Co., Ltd., and Xiaolu Lithium. These stories describe Sunrise’s materials being used in grid-scale and residential energy storage systems, telecom tower backup power, UPS backup, high-rate power batteries, and UAV power systems. Investors following EPOW can use this news stream to track contract volumes, new customer relationships, and the expansion of Sunrise’s end-market exposure.
Another major theme in Sunrise’s news is its R&D and intellectual property. The company regularly reports patents for solid-state battery anode materials, silicon-carbon composite anodes, hard carbon composites for sodium-ion batteries, and alloy-based anodes, as well as government-funded projects and pilot development programs in Guizhou Province. These updates provide insight into Sunrise’s technology roadmap and its efforts to move innovations from laboratory research toward industrialization.
On this EPOW news page, readers can follow disclosures about supply agreements, patent grants and publications, government project funding, and corporate initiatives such as joint ventures. Monitoring this feed helps investors and observers understand how Sunrise New Energy’s materials business and technology portfolio are evolving across energy storage, communication infrastructure, and high-performance battery markets.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) announced a significant milestone with the commencement of a $225 million graphite anode purchase order from BYD, a leading global electric vehicle manufacturer. This order includes shipments of 37,600 metric tons of graphite anode material, positioning Sunrise as a key supplier in the EV market. The company has ramped up its annual production capacity to 20,000 tons and aims to fulfill the order by mid-2024. This partnership not only strengthens Sunrise's market position but also aligns with its commitment to sustainable energy solutions. The company operates a joint venture focused on low-cost, environmentally friendly production practices, further supporting its growth prospects in the burgeoning EV industry.
Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) reported a remarkable revenue increase of 1,718% in Q1 2023, reaching $8 million compared to $440,000 in the same period of 2022. The company produced and shipped over 1,350 metric tons of graphite anode during this quarter. Additionally, Chairman Haiping Hu acquired 20,000 shares of EPOW at an average price of $2.78, expressing confidence in the company's future despite its current stock performance. Sunrise is set to provide a detailed financial update for H1 2023 by June 30. The company focuses on manufacturing graphite anode materials for lithium-ion batteries and is developing a new manufacturing plant powered by renewable energy sources in Guizhou Province, China.
Sunrise New Energy Co. (NASDAQ: EPOW) announced a business update conference call on February 2, 2023, at 8:30 AM ET. This call will provide insights into recent contract wins totaling $700 million in graphite anode supply. Chairman Haiping Hu emphasized that these contracts exceed the company’s current market capitalization by eight times. The move signifies Sunrise's position as a leading manufacturer in the graphite anode space. Participants can join via a live Zoom Webinar and an audio archive will be available post-call on the company's investor relations page.
Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) announced a new contract to supply 40,000 metric tons of graphite anode to a major Chinese EV manufacturer, valued at $240 million. This contract boosts the company's backlog of supply agreements to $700 million, which includes a $464 million agreement from December 2022. Shipments will commence in March 2023, with completion expected within the year. The company's Chairman, Mr. Haiping Hu, emphasized upcoming efforts to expand manufacturing capacity in Guizhou Province to meet demand while maintaining high-quality standards.
FAQ
What is the current stock price of Sunrise New (EPOW)?
What is the market cap of Sunrise New (EPOW)?
