Sunrise New Energy Co. Ltd

Sunrise New Energy Co., Ltd. is engaged in the provision of consultancy services. It offers advisory services for small and medium enterprises. It also offers its services via a peer-to-peer knowledge sharing and enterprise service platform. It carries out its operations through the following business segments: Member Services, Enterprise Services, Online Services, and Other Revenues. The company was founded by Hu Hai Ping in December 2014 and is headquartered in Beijing, China.

Earnings data Q3 2023

Sunrise New Energy Co., Ltd. is a holding company, which engages in the provision of consultancy services. It also focuses on the research and development, manufacturing, and sales of graphite anode materials. It operates through the Member Services and Enterprise Services segments. The Member Services segment includes platinum, diamond and protégé, which differ in membership fees as well as the level of the services provided. The Enterprise Services segment is involved in tailored services, sponsorship advertising services, and consulting services. The company was founded by Hai Ping Hu in December 2014 and is headquartered in Zibo, China.

ZIBO, China, April 17, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the front page of Guizhou Daily prominently featured a special report on Sunrise, titled " Intellectual Property Drives Substantial Enterprise Value – The Journey of a New Energy Enterprise." Guizhou Daily, the most influential comprehensive media outlet in the province, highlighted Sunrise's advanced research and substantial economic value.

Guizhou Daily Spotlights Sunrise: Intellectual Property Drives Substantial Enterprise Value

ZIBO, China, April 16, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Guizhou Province Governor Li Bingjun, accompanied by a delegation of government officials, conducted an official visit to the Sunrise's plant on April 11, symbolizing the Company's pivotal role within the industry. During the visit, Mr. Haiping Hu, Chairman of Sunrise, presented an overview of the Company's production, technological advancements, energy consumption, and environmental protection efforts. Emphasizing innovation-driven strategies, Mr. Hu highlighted the Company's commitment to reducing costs, enhancing competitiveness, and strengthening meticulous management practices. Governor Li praised Sunrise and its representation of Guizhou's new energy power battery and materials industry. He stressed the importance of optimizing government industrial fund operations to support key industries and enterprises. Furthermore, he emphasized the need to promote coordination among upstream and downstream sectors of the industrial chain to leverage cluster effects effectively.

Sunrise Announces Guizhou Province Governor Li Bingjun's Visit to the Sunrise Factory, Highlighting Sunrise's Industry Leadership

ZIBO, China, April 10, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW),  today reiterated that its headquarter address in China remains consistent with the address provided in the FORM 6-K released in July 2022 (sec.gov/Archives/edgar/data/1780731/000121390022039402/ea162873-6k_globalinternet.htm), which is Room 703, West Zone, R&D Building, Zibo Science and Technology Industrial Entrepreneurship Park, No. 69 Sanying Road, Zhangdian District, Zibo City, Shandong Province, PRC. This relocation is from Room 208, Building 1, No. 28 Houtun Road, Haidian District, Beijing, PRC.

Sunrise Reiterates Headquarter Address in China, Located in Zibo City, Shandong Province

ZIBO, China, March 20, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its CEO, Mr. Haiping Hu, has purchased 309,928 shares of the Company's stock since January 2024 to increased his holding of the Company's stock to 8,140,461 shares. With a strong belief in the company's long-term potential, Mr. Hu announced plans to further increase his holdings over the next six months.

Sunrise Announces CEO's Purchase of the Company's Stock

ZIBO, China, March 19, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has received a letter (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on March 14, 2024, notifying the Company that it no longer meets the minimum bid price requirement set forth in the Nasdaq Listing Rules. The Notification Letter has no immediate impact on the listing or trading of the Company's shares on Nasdaq. The Notification Letter does not affect the Company's business operations, its U.S. Securities and Exchange Commission reporting requirements, or contractual obligations.

Sunrise Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Requirement

ZIBO, China, March 08, 2024 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced securing a significant financing of $14 million USD from China Everbright Bank. This low-interest loan effectively bolsters the Company's liquidity, ensuring seamless production and delivery of client orders. Among the esteemed clientele are globally renowned lithium battery manufacturers such as Contemporary Amperex Technology Co. Limited (CATL), BYD and HiTHIUM.

EPOW Receives $14 Million Financing from China Everbright Bank to Fulfill Orders from Leading Global Lithium Battery Manufacturers

ZIBO, China, March 07, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the acquisition of a significant order comprising 25,000 tons of energy storage materials from Xiamen HiTHIUM Energy Storage Technology Co., Ltd. (HiTHIUM). This collaboration marks a pivotal moment that Sunrise has ventured into the thriving energy storage battery materials market, increasing new avenues for growth and innovation, and consolidating its existing strength in electric vehicle battery materials.

EPOW Secures 25,000 Tons Energy Storage Material Order from HiTHIUM, a Global Leading Energy Storage Battery Manufacturer

ZIBO, China, March 06, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced today that Mr. Haiping Hu, Chairman, was awarded the esteemed title of "Outstanding Entrepreneur of Guizhou Province" for the years 2021-2023. The event, graced by senior officials including Guizhou Provincial governors, underscored Mr. Hu's exceptional leadership and contributions to the regional business landscape. In a parallel recognition of talent and dedication, Ms. Xianyan Zha, a high-level specialist at the Sunrise New Energy Research Center, was acknowledged as the "Rising Talent" in Qianxinan Prefecture by the Department of Human Resources and Social Security. Prior to this, the General Manager of the Company was honored as an "Elite Talent," while the Deputy General Manager was recognized as a "Key Talent" in the same domain of Qianxinan Prefecture.

Chairman of EPOW Honored as Outstanding Entrepreneur in Guizhou Province for Significant Contributions to Cultivating Technology Talent

ZIBO, China, March 04, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (NASDAQ: EPOW), today announced the approval of its "High-Energy Fast Charging Lithium Battery Graphite Anode Project" by Guizhou Province's Department of Science and Technology as part of the provincial "Industrialization of Advanced Scientific and Technological Achievements" plan. This project aims to utilize patented technology to enhance energy density, improve charging efficiency and cycling performance. Sunrise has made significant breakthroughs in these areas, paving the way for large-scale industrial application and positioning itself as a leader in the industry.

EPOW's “High-Energy Fast Charging Lithium Battery Graphite Anode Project” Secures Approval in Industrialization of Advanced Scientific and Technological Achievements

ZIBO, China, Jan. 12, 2024 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced today that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd. has announced its application for the prestigious China Patent Award, which is regarded as the foremost recognition in the field of intellectual property rights in China. Established in 1989, the China Patent Award is jointly organized by the State Intellectual Property Office of China and the World Intellectual Property Organization, with the aim of promoting and commending patented inventions and creations.

Sunrise New Energy Files for China Patent Award, the Highest Honor in Intellectual Property Rights

ZIBO, China, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced today that Mr. Haiping Hu, the Company's Chief Executive Officer, purchased 245,000 shares of the Company's ordinary shares in the first week of this year, at a price of $1.0706 per share, for approximately $262,297. Mr. Hu now beneficially owns a total of 7,107,933 ordinary shares of the Company.

EPOW's CEO Purchased 245,000 Shares of the Company's Ordinary Shares

ZIBO, China, Dec. 29, 2023 (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 received preliminary approval from the National Intellectual Property Office for its invention patent titled "Preparation Method of Metal Sulfide-Doped Hard Carbon Composite Material". The official document number assigned is 2023121500112460. This invention falls within the field of secondary battery material preparation, focusing on the preparation method for a metal sulfide-doped hard carbon composite material.

Sunrise New Energy Receives Approval for Metal Sulfide-Doped Hard Carbon Composite Material Patent, Further Advancing Sodium Battery Material Frontier Technology

ZIBO, China, Dec. 26, 2023 (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 received preliminary approval from the National Intellectual Property Office for its invention patent titled "Fiber-Structured Titanium-Doped Amorphous Carbon Coated Silver Hard Carbon Composite Material and the Preparation Method." The official document number is 2023121501155630. This invention pertains to the field of sodium-ion battery material preparation and introduces a fiber-structured titanium-doped amorphous carbon coated silver hard carbon composite material and its preparation method.

Sunrise New Energy Announces Breakthrough Achievement in Sodium-ion Battery Hard Carbon Composite Material with Approval of Invention Patent by National Intellectual Property Office

ZIBO, China, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its patent application for the invention titled "Method for Preparing Anode Material for Lithium-Ion Batteries" has been approved by the Japanese Patent Office. The patent, with the number "Invention 2022-170556," was granted on December 20, 2023, and is valid for 20 years. The patent was issued by a Japanese Ministry of Economy, Trade and Industry official.

Sunrise New Energy Secures Highly Regarded Japanese Patent for Invention of Lithium-Ion Battery Anode Material Preparation Method

ZIBO, China, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced its significant contribution to the development of a national industry standard policy titled "Technical Specifications for the Production Process of Artificial Graphite Anode Materials". This standard policy is widely recognized as a crucial guideline within the battery industry and plays a vital role in ensuring the production and quality control of artificial graphite anode materials.

EPOW Lead in Establishing National Battery Industry Standard Policy, Highlighting Its Position as a Benchmark in Technological Innovation, Product Quality and Management Efficiency in the Industry

ZIBO, China, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the patent application for the invention titled "Multivariable Particle Size Control System for Graphite Micropowder Production" by Sunrise (Guizhou) New Energy Materials Co., Ltd has  been accepted by the National Intellectual Property Bureau. The application has been assigned the application number 202323405484.1, with acceptance number 2023121400642270.

Sunrise New Energy Announces Patent Application for Multivariable Particle Size Control System for Graphite Micropowder Production Accepted by the National Intellectual Property Bureau

● Sole Lithium Battery Anode Material Manufacturer to Receive the Honor in Guizhou Province ZIBO, China, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced its selection as the 2023 Green Manufacturing Enterprise in Guizhou Province.

Sunrise New Energy Recognized as 2023 Green Manufacturing Enterprise in Guizhou Province, Facilitating Product Exports to Overseas Markets including Europe

ZIBO, China, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Narada Power, a leading player in the energy storage industry, has placed an incremental order for 10,000 tons of anode materials for the upcoming year, further solidifying their cooperation.

Sunrise New Energy Secures 10,000 Tons Incremental Order from Existing Customer Narada Power for 2024, 3 Times the Order for 2023

ZIBO, China, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW),  today announced its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd. (“Sunrise Guizhou”) has secured a $28 million investment. Sunrise Guizhou has already signed an investment agreement with the investor, stating the investment funds will be realized within 60 working days. “We are delighted that this investment will effectively supplement the company's cash flow, which will greatly assist in fulfilling the delivery of our existing substantial orders.” stated Sunrise's Chairman, Mr. Haiping Hu. "We have successfully secured orders from esteemed clients, including the world's largest power battery manufacturers, CATL and BYD, as well as several top-ranking energy storage battery companies. Our commitment to excellence in product quality, technological innovation, and customer satisfaction has enabled us to forge strong partnerships with industry leaders.”

Sunrise New Energy's Subsidiary Secures $28 Million Investment, Bolstering Company's Cash Flow

ZIBO, China, Nov. 21, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), a leading EV battery material manufacturer, today announced its intention to construct a carbon nanotube plant in the United States by 2024, with an annual production capacity of 720 metric tons. The project envisions a main facility spanning 35,000 square meters and over a hundred production and testing equipment units. After reaching full production capacity, it is estimated that the project will generate approximately $70 million in annual revenue.

Sunrise New Energy Announces Plan to Construct Carbon Nanotube Conductive Additive Plant in the United States, Enhancing Production Efficiency and Profits

ZIBO, China, Nov. 10, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its Chairman, Mr. Haiping Hu, has revealed his decision to purchase 200,000 shares of the company's stock in 30 days.

EPOW's Chairman Announces Purchase of 200,000 Shares in 30 Days

ZIBO, China, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the completion of construction in Zone B of its plant in Guizhou. Zone B covers an area of 128,000 square meters, with the factory facilities occupying 20,400 square meters and the office covering 1,800 square meters. The main facilities in Zone B include the rolling and grinding workshops, as well as the finished goods warehouse. Previously, the Company had completed Zone A, which is primarily used for graphitization, crushing and granulation, including workshops 1 and 8, a laboratory, and an office building. The construction of Zone B provides an important expansion to the company's production capabilities.

Sunrise New Energy Enhances Investor Visibility with 24/7 Live Stream of Factory Operations Using 11 Cameras

ZIBO, China, Oct. 27, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the successful development of the latest generation of porous carbon-coated silicon anode material, offering a capacity five times higher than existing artificial graphite. This breakthrough material can be applied to electric vehicle batteries, enabling a range of 1,000 kilometers.

Sunrise New Energy Announces Successful Development of New Generation Porous Carbon-coated Silicon Anode Material with 5 Times the Capacity of Existing Artificial Graphite, Enabling 1,000 Kilometer Range for Electric Vehicle Batteries

ZIBO, China, Oct. 25, 2023 (GLOBE NEWSWIRE) -- We are advised by Sunrise New Energy Co., Ltd. that journalists and other readers should disregard the news release, “Sunrise New Energy Announces Discussing Collaboration with LG Energy and Abu Dhabi Investment Fund for Lithium Battery Material Manufacturing Overseas”, issued October 24, 2023, over GlobeNewswire.

NOTICE TO DISREGARD -- Sunrise New Energy

ZIBO, China, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced a major milestone as it has been assigned as the supplier of anode materials for the 2.5 GW Integrated Generation, Grid, and Energy Storage project (“IGGES Project”). The IGGES Project's signing ceremony took place on September 16th, with the participation of Shenzhen Zhuhai New Energy Co., Ltd., Guangxi Longyuan Power Group Corporation Limited, China Railway Construction Corporation Limited (CRCC) and the People's Government of Tiandong County, Baise, Guangxi, at the 20th China-ASEAN Expo and China-ASEAN Business and Investment Summit attended by Chinese Premier Li Qiang.

News for Sunrise New Energy Co. Ltd Stock (EPOW)