Sunrise Secures $29 Million Contract to Supply 10,000 Tons of Artificial Graphite Anode Materials

DOVER, USA, Oct. 02, 2025 — Sunrise New Energy Co., Ltd. (NASDAQ: EPOW), referred to herein as “Sunrise” or “the Company,” announced today that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd., has formalized a one-year supply agreement with China Sodium Times (Shenzhen) New Energy Technology Co., Ltd., a prominent manufacturer of lithium battery PACKs.

This agreement commits Sunrise (Guizhou) to delivering **10,000 tons of artificial graphite anode materials** over the twelve-month period, with the total contract value estimated at approximately **USD 29 million**.

Such a long-term commitment underscores the robust market demand for Sunrise’s cutting-edge anode materials, solidifying its standing as an essential provider to manufacturers in the downstream battery and energy storage sectors.

“This contract not only attests to the superior quality and competitive nature of Sunrise’s offerings but also marks a crucial step in fostering deeper collaboration with major battery PACK companies,” commented Haiping Hu, Founder and CEO of Sunrise. He added, “We anticipate that the consistent fulfillment of this contract will significantly contribute to increasing our market share and improving profitability.”

About Sunrise New Energy Co., Ltd

Based in Zibo, Shandong Province, China, Sunrise New Energy Co., Ltd., via its joint venture, manufactures and distributes graphite anode material for lithium-ion batteries. The Company’s joint venture has finished constructing a 50,000-ton capacity manufacturing plant in China’s Guizhou Province. This facility benefits from affordable electricity sourced from renewables, positioning Sunrise New Energy as a cost-effective and environmentally friendly producer of graphite anode material. Mr. Haiping Hu, the Company’s founder and CEO, has been a significant innovator in China’s graphite anode sector since 1999. The Company’s leadership team comprises seasoned professionals with extensive expertise and proven accomplishments within the graphite anode industry. Furthermore, the Company manages a knowledge-sharing platform within China. For additional details, please visit the Company’s website at .

Forward-looking statement

Statements within this press release pertaining to the Company’s anticipated future outcomes, intentions, and potential are considered forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Such statements encompass projections regarding plans, aims, targets, tactics, forthcoming occurrences, projected results, suppositions, and any non-historical declarations. Terms like “may,” “will,” “intend,” “should,” “believe,” “anticipate,” “forecast,” “estimate,” or comparable non-factual expressions, signify forward-looking statements. Actual results could substantially diverge from historical data or the assertions made in these forward-looking statements, owing to numerous influences. These encompass, among others, the company’s strategic goals, prospective initiatives, market receptivity and consumer adoption of its products or services, technological advancements, economic patterns, the company’s standing and brand, competitive and tender impacts within the industry, pertinent policies and legal frameworks, fluctuations in China’s macroeconomic climate, relevant international market conditions, and additional associated risks and assumptions detailed in the Company’s Annual Report on Form 20-F available on the SEC’s website. Considering these and other relevant factors, we advise investors to consult the SEC’s website and assess other elements that might influence the Company’s future operational performance. The Company bears no responsibility to publicly revise or amend these forward-looking statements, except where mandated by law.

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