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Sunrise Signs 5,000-Ton Anode Material Supply Contract With Pylontech, Expanding Into the European Residential Energy Storage Market

Sunrise Signs 5,000-Ton Anode Material Supply Contract With Pylontech, Expanding Into the European Residential Energy Storage Market

DOVER, USA, Dec. 05, 2025 (GLOBE NEWSWIRE) -- 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.

Pylontech is recognized as one of the world’s leading energy storage system providers and holds a particularly strong position in the European residential energy storage market. According to recent research published by EUPD Research, Pylontech has remained one of the dominant suppliers in the European home energy storage sector for consecutive years. The company has established a robust global distribution network and a strong brand presence in residential storage applications.

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.

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 has completed the construction of a manufacturing facility with a production capacity of 50,000 tons 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 .

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 published on the SEC’s website. In view of the above and other related reasons, we urge investors to visit the SEC’s website and consider 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 unless required by law.

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05/12/2025

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