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Sunrise Granted USD 600,000 in National-Level Science and Technology Funding, Recognizing the Company’s Leadership in Solid-State Battery Anode Materials

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Sunrise (NASDAQ:EPOW) said its subsidiary received USD 600,000 from the National Special Fund for Science and Technology Development for project Reference No. QKHZ YZD 2025 [044].

This award is the first national‑level science and technology innovation project approved in Qianxinan Prefecture in three years and is presented as formal recognition of Sunrise's leadership in solid‑state battery anode materials. The company said it will leverage the funding to strengthen R&D investment, advance key technology development, and accelerate industrialization of innovative anode materials for next‑generation solid‑state batteries.

Sunrise's CEO Haiping Hu characterized the grant as affirmation of long‑term commitment to innovation and said the company will use the momentum to expand industrial cooperation and consolidate its global position in anode materials.

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DOVER, USA, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise,” the “Company,” “we,” or “our”) (NASDAQ: EPOW) today announced that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd., has successfully received USD 600,000 in funding from the National Special Fund for Science and Technology Development. The project, Reference No. QKHZ YZD 2025 [044], is the first national-level science and technology innovation project approved in Qianxinan Prefecture in the past three years.

The granting and receipt of this national-level funding officially recognize Sunrise’s leadership in solid-state battery anode materials and highlight the Company’s continued technological excellence in the field of advanced new energy materials. Leveraging its strong industrial foundation, Sunrise will continue to strengthen R&D investment, promote key technology development, and accelerate the industrialization of innovative anode materials that support the next generation of solid-state batteries.

“This recognition from national-level science and technology authorities affirms Sunrise’s long-term commitment to innovation and technological leadership,” said Haiping Hu, Founder and CEO of Sunrise. “The Company will use this achievement as momentum to further enhance its R&D capabilities, expand industrial cooperation, and consolidate its global leadership position in solid-state battery anode materials.”

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


FAQ

What funding did Sunrise (EPOW) receive on October 6, 2025?

Sunrise reported its subsidiary received USD 600,000 from the National Special Fund for Science and Technology Development for project QKHZ YZD 2025 [044].

Why is the USD 600,000 grant significant for Sunrise (EPOW)?

The company said the grant is a national‑level recognition of its leadership in solid‑state battery anode materials and supports further R&D and industrialization efforts.

What will Sunrise (EPOW) use the national funding for?

Sunrise said it will strengthen R&D investment, promote key technology development, and accelerate industrialization of innovative anode materials.

Does the announcement specify commercial revenue or earnings impact for EPOW?

No. The announcement describes the funding and R&D plans but does not provide revenue, earnings, or guidance figures.

What is the project reference number for Sunrise's national funding?

The project reference number is QKHZ YZD 2025 [044].
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