Sunrise New Energy Secures Major Funding for Battery Innovation

Sunrise New Energy Co., Ltd. Secures Significant Funding

DOVER, USA – Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) is excited to announce that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd., has successfully secured USD 600,000 from the National Special Fund for Science and Technology Development. This funding reflects the company’s commitment to pioneering advancements in solid-state battery anode materials.

Recognition of Leadership in Advanced Materials

This funding marks a significant achievement, as it is one of the first national-level science and technology innovation projects approved in recent years for the region. The recognition not only underscores Sunrise's leadership in the field of advanced new energy materials but also highlights the ongoing investment in research and development that the company is making.

Commitment to Technological Excellence

The approval and receipt of this funding officially validate Sunrise's ongoing dedication to technological excellence. The company plans to utilize its robust industrial foundation to further enhance its research and development capabilities, expediting key technology advancements while also paving the way for the industrialization of innovative anode materials.

Vision for Future Development

Haiping Hu, Founder and CEO of Sunrise, emphasized the importance of this recognition. He stated that this achievement would serve as an impetus for the company to bolster its R&D efforts, foster industrial collaborations, and aim for a stronger global leadership position in the solid-state battery sector.

Expansion in Manufacturing Capabilities

Sunrise is headquartered in Zibo, Shandong Province, China, and focuses on producing graphite anode materials specifically for lithium-ion batteries. Through its joint venture, the company has established a manufacturing facility with an impressive production capacity of 50,000 tons in Guizhou Province. This plant efficiently utilizes renewable energy, enabling Sunrise to remain a low-cost and environmentally friendly producer of battery materials.

Expertise and Innovation

Mr. Haiping Hu, a key pioneer in the graphite anode industry since 1999, emphasizes the importance of expertise in achieving industrial success. The Sunrise management team comprises seasoned professionals with significant experience and a proven track record in the graphite anode sector. Moreover, the company operates a knowledge-sharing platform that promotes innovation and best practices across the industry.

Looking Ahead

As Sunrise advances in its mission to lead in the solid-state battery arena, this funding will be pivotal in helping the company innovate further. Staying ahead in the fast-evolving energy technology market will require ongoing commitment, collaboration, and a relentless pursuit of innovation.

Frequently Asked Questions

What is the main achievement of Sunrise New Energy recently?

Sunrise New Energy has successfully received USD 600,000 in funding from the National Special Fund for Science and Technology Development to enhance its research in solid-state battery materials.

How does this funding impact Sunrise New Energy’s operations?

This funding enables Sunrise to expand its R&D efforts, accelerate technology development, and promote the industrialization of innovative battery materials.

Who is the CEO of Sunrise New Energy?

Haiping Hu is the Founder and CEO of Sunrise New Energy Co., Ltd.

What is the production capacity of Sunrise's manufacturing facility?

Sunrise's manufacturing facility has a production capacity of 50,000 tons of graphite anode material.

What is the significance of the funding recognition?

The funding recognition establishes Sunrise's leadership in advanced materials and contributes to its goal of positioning itself as a global leader in solid-state battery anode materials.

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