In The First Half Of 2024, Sunrise New Energy Materials Co. Has Sold 10,400 Tons Products, Representing A 132% Increase YoY
Portfolio Pulse from Benzinga Newsdesk
Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) reported a 132% year-over-year increase in product sales for the first half of 2024, totaling 10,400 tons. The company, a leading manufacturer of lithium-ion battery anode materials, was featured on Guizhou Provincial Radio and Television Channel's 'Finance Qianxinan' program. Sunrise holds over 70 patents and collaborates with industry leaders in R&D.
August 13, 2024 | 4:01 pm
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Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) reported a significant 132% YoY increase in product sales for the first half of 2024, totaling 10,400 tons. The company was featured on a prominent TV program, highlighting its leadership in lithium-ion battery anode materials and its extensive patent portfolio.
The 132% YoY increase in sales is a strong indicator of the company's growth and market demand for its products. Being featured on a prominent TV program further enhances its visibility and credibility. These factors are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100