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Stock impact report

Sunrise Sunrise Reports Strong Sales Growth Driven by Leading EV and Energy Storage Customers [Yahoo! Finance]

Sunrise New Energy Co., Ltd - Class A Ordinary Shares (EPOW) 
Company Research Source: Yahoo! Finance
robust sales growth, highlighting its expanding influence in the electric vehicle (EV) and energy storage sectors. In October 2024, the Company achieved a sales volume of 3,419 tons, representing an extraordinary 449.8% increase compared to October 2023. From January to October 2024, cumulative sales reached 22,476 tons, marking a 131.1% increase compared to the same period in 2023. This surge in orders was driven by partnerships with industry-leading battery manufacturers, including: Contemporary Amperex Technology Co., Limited (CATL), the world's largest EV and energy storage battery manufacturer, holding approximately 40% of the global market share (source: https://en.wikipedia.org/wiki/CATL HiTHIUM Energy Storage, a prominent producer of premium stationary energy storage batteries (source: https://hithium.com/en/ Pylon Technologies Co., Ltd., a pioneer in energy storage, known as "China's First Energy Storage Stock". (source: https://en.pylontech.com.cn/about/company “We Show less Read more
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