Sunrise New Energy’s subsidiary signed a one-year supply contract with China Sodium Times, a leading lithium battery PACK manufacturer, worth ~$29 million. The agreement covers 10,000 tons of artificial graphite anode materials, underscoring both strong demand and Sunrise’s competitiveness in the battery supply chain.
CEO Haiping Hu called it a milestone in deepening cooperation with top-tier partners, adding confidence that stable execution will grow market share and profitability. Sunrise’s Guizhou plant has 50,000-ton annual capacity powered by low-cost renewable energy, positioning the company as a low-cost and lower-impact supplier to the fast-growing EV and energy storage sectors.
Source: Material-Car261