EPOW Announces A Full-time Technical Sales Manager Has Joined, Previously Resigned From CATL

Rhea-AI Summary

Sunrise New Energy Co., Ltd. announces the addition of a former CATL expert to their team, who praises Sunrise's capabilities and potential in the lithium battery industry.

ZIBO, China, Sept. 14, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that a technical sales manager (“Expert”), who used to be an expert assigned by CATL (Contemporary Amperex Technology Co.,Ltd.) , has joined Sunrise. This Expert used to be a factory inspection engineer assigned from CATL to Sunrise factory, responsible for investigating the manufacturing process and quality control as well as tested the sample finished product of Sunrise for more than 6 months from year 2022. During this period, he implemented strict inspection requirements and provided suggestions and guidance to Sunrise factory. After multiple improvements, Sunrise ultimately passed the rigorous and detailed inspection procedures and obtained approval from CATL. The Expert returned to CATL after the inspection procedure was completed. Months later, he decided to resign from CATL and join Sunrise full-time after deep consideration, because he was well impressed by the excellent capabilities demonstrated by Sunrise's team, including technology, R&D, supply chain, and marketing.

"This is a big decision," the Expert said. "As the largest volume EV battery manufacturer in the world, CATL is a very well-respected leader in the EV battery market and demands nothing but the highest quality from its suppliers. Sunrise is undoubtedly one of the very best suppliers. After an in-depth inspection at the Sunrise factory, I deeply admire the leader’s strategic vision and the team’s execution ability in Sunrise. With both senior experience in the lithium battery industry and cutting-edge innovative technology, I believe Sunrise has the potential to become a leader in the new generation of lithium battery materials. Therefore, I am proud to be a member of Sunrise."

The executive team warmly welcomed the Expert’s joining. "We welcome outstanding talents from around the world to join sunrise. Talents are the source of our continuous leading R&D.”said Sunrise’s Chairman, Mr. Haiping Hu.“We are an ambitious team dedicated to contributing to energy conservation and emission reduction through the research, development and sales of new energy battery 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 is constructing a 138,000 ㎡ 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 a cumulative decades of experiences and strong track-records of success in the graphite anode industry. In addition, the Company also operates a knowledge sharing platform business. 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-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 international market conditions served by the company, and other related risks and assumptions disclosed in the prospectus. In view of the above and other related reasons, we advise investors not to blindly rely on these forward-looking statements, and we urge investors to visit the SEC’s website to consult the company's relevant documents for 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 due to specific events or reasons unless required by law.

For more information, please contact:

The Company:
IR Department
Email: IR@sunrisenewenergy.com
Phone: +86 4009919228