Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) ("Sunrise" or the "Company") today announced that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd., has signed an annual supply agreement with Shanghai Pylon Technologies Co., Ltd. (Pylontech). Under the contract, Sunrise will supply 5,000 tons of high-performance anode materials with a total contract value of USD 15.1 million.
The signing of this supply agreement marks Sunrise's formal entry into the European energy storage supply chain and establishes a strategic partnership with one of the industry's global leaders. This cooperation is expected to accelerate Sunrise's expansion into international energy storage markets and generate substantial long-term growth momentum.
The Company stated that it will leverage its advanced R&D capabilities and production capacity in anode materials to ensure stable and high-quality supply to Pylontech, while continuing to expand collaboration with global energy storage enterprises to further enhance its international market footprint.
Sunrise New Energy Co., Ltd. (NASDAQ: EPOW) ("Sunrise" or the "Company") today announced that its subsidiary, **Sunrise (Guizhou) New Energy Materials Co., Ltd.**, has signed an annual supply agreement with **Shanghai Pylon Technologies Co., Ltd. (Pylontech)**. Under the contract, Sunrise will supply **5,000 tons** of high-performance anode materials with a total contract value of **USD 15.1 million**.
The signing of this supply agreement marks Sunrise's formal entry into the European energy storage supply chain and establishes a strategic partnership with one of the industry's global leaders. This cooperation is expected to accelerate Sunrise's expansion into international energy storage markets and generate substantial long-term growth momentum.
The Company stated that it will leverage its advanced R&D capabilities and production capacity in anode materials to ensure stable and high-quality supply to Pylontech, while continuing to expand collaboration with global energy storage enterprises to further enhance its international market footprint.<p>Sunrise New Energy Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/EPOW">EPOW</a>) ("Sunrise" or the "Company") today announced that its subsidiary, <strong>Sunrise (Guizhou) New Energy Materials Co., Ltd.</strong>, has signed an annual supply agreement with <strong>Shanghai Pylon Technologies Co., Ltd. (Pylontech)</strong>. Under the contract, Sunrise will supply <strong>5,000 tons</strong> of high-performance anode materials with a total contract value of <strong>USD 15.1 million</strong>.</p><p>The signing of this supply agreement marks Sunrise's formal entry into the European energy storage supply chain and establishes a strategic partnership with one of the industry's global leaders. This cooperation is expected to accelerate Sunrise's expansion into international energy storage markets and generate substantial long-term growth momentum.</p><p>The Company stated that it will leverage its advanced R&D capabilities and production capacity in anode materials to ensure stable and high-quality supply to Pylontech, while continuing to expand collaboration with global energy storage enterprises to further enhance its international market footprint.</p>