EPOW Announces It Has Delivered 3,000 Metric Tons Graphite Anode Purchase Order In July
Portfolio Pulse from Happy Mohamed
Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) announced that it has delivered 3,000 metric tons of graphite anode to customers in July, setting a new record for monthly shipment. The company's key customers include global top ten manufacturers of power batteries and energy storage batteries, such as BYD Company Limited and Zhejiang Narada Power Source Co.,Ltd. Sunrise expects a significant revenue increase in the second half of this year.
August 07, 2023 | 1:45 pm
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POSITIVE IMPACT
Sunrise New Energy's record shipment of graphite anode in July and its anticipation of significant revenue increase in H2 could positively impact its stock.
The record shipment indicates strong demand for Sunrise's products, which could drive its revenues and potentially its stock price. The company's anticipation of a significant revenue increase in the second half of the year further supports this potential positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100