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

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Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) has 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. This invention provides a method for preparing lithium-ion battery anode material that enhances the initial efficiency and power of graphite composite materials. Japan's invention patents are widely recognized and highly regarded by investors worldwide, signifying their exceptional value and reliability. Acquiring this Japanese patent further solidifies Sunrise's position as a technological leader in the field of lithium-ion battery materials, attracting widespread attention from global investors.
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The approval of Sunrise New Energy Co., Ltd.'s patent for anode material preparation in lithium-ion batteries by the Japanese Patent Office is a pivotal development in the battery technology sector. This advancement indicates a potential enhancement in the performance and efficiency of lithium-ion batteries, which are critical components in various industries, including automotive (especially electric vehicles), consumer electronics and renewable energy storage systems.

The patent suggests improvements in initial efficiency and power of graphite composite materials, which could lead to longer battery life and faster charging times. Such technological improvements could significantly impact the competitive landscape by potentially reducing costs and improving the product offerings of companies that incorporate these materials into their batteries.

From an industrial perspective, this patent could position Sunrise as a key supplier of advanced anode materials, potentially leading to new partnerships or increased market share. For stakeholders, the long-term benefits could include sustained company growth and a stronger patent portfolio, which often correlates with a company's innovation capability and market value.

Acquiring a patent in Japan, a country known for its stringent intellectual property laws and advanced technological landscape, provides Sunrise New Energy Co., Ltd. with a robust competitive moat. This can translate into potential licensing deals, strategic partnerships, or a deterrent against competitors. For investors, such intellectual property milestones can be indicative of a company's growth trajectory and its ability to secure future revenue streams.

However, it's important to consider the cost implications of research and development and patent maintenance, as well as the time required to commercialize the technology. While the patent is valid for 20 years, the speed at which the company can bring its technology to market will affect the return on investment. Investors should monitor Sunrise's operational execution following this patent approval, as it will be critical to realizing the patent's potential value.

The granting of a patent for an invention in the lithium-ion battery space is a legally significant event that underscores the importance of intellectual property in the tech industry. The patent provides Sunrise with exclusive rights to utilize and implement the technology described, preventing others from commercializing the same invention without consent.

Given the global push towards electrification and sustainable energy, Sunrise's patent could potentially attract litigation or patent challenges, especially if it becomes foundational to future battery developments. The company's ability to defend its patent rights will be crucial in maintaining its competitive edge and ensuring a return on its R&D investments.

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.

This invention provides a method for preparing lithium-ion battery anode material that enhances the initial efficiency and power of graphite composite materials. The method not only meets the requirements for high energy density in lithium-ion battery anode materials but also improves the fast-charging capabilities. It effectively enhances the rate, safety, and cycling of graphite anode materials while overcoming the limitations of low initial efficiency and insignificant power performance seen in existing preparation methods.

Japan's invention patents are widely recognized and highly regarded by investors worldwide, signifying their exceptional value and reliability. The stringent patent protection system and the renowned technological expertise in Japan have made it one of the most advanced and mature countries in the global lithium-ion battery industry. Acquiring this Japanese patent further solidifies Sunrise's position as a technological leader in the field of lithium-ion battery materials, attracting widespread attention from global investors.

"The granting of this invention patent by Japan proves our Company's leading position and reliability in technological research and development," stated Mr. Haiping Hu, Chairman of Sunrise, "Securing this Japanese patent for lithium-ion battery anode materials not only provides us with comprehensive technological protection but also confers a significant competitive advantage in the market. It showcases Sunrise's commitment to innovation, technological excellence, and market potential. The Company's continued success in obtaining valuable patents further enhances our reputation and attractiveness to investors worldwide.”

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 260,543 ㎡ 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 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. 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 relevant international market conditions, and other related risks and assumptions disclosed in the Company’s Annual Report on Form 20-F.. 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


FAQ

What is the title of the patent application approved by the Japanese Patent Office for Sunrise New Energy Co., Ltd.?

The patent application approved by the Japanese Patent Office for Sunrise New Energy Co., Ltd. is titled 'Method for Preparing Anode Material for Lithium-Ion Batteries.'

What is the patent number and validity period for the approved patent?

The patent number for the approved patent is 'Invention 2022-170556,' and it is valid for 20 years.

What does the approved patent provide a method for?

The approved patent provides a method for preparing lithium-ion battery anode material that enhances the initial efficiency and power of graphite composite materials.

Why is the granting of the Japanese patent significant for Sunrise New Energy Co., Ltd.?

The granting of the Japanese patent further solidifies Sunrise's position as a technological leader in the field of lithium-ion battery materials, attracting widespread attention from global investors.

Who stated the significance of the Japanese patent for Sunrise New Energy Co., Ltd.?

Mr. Haiping Hu, Chairman of Sunrise, stated the significance of the Japanese patent for the company.

Sunrise New Energy Co., Ltd

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