Sunrise New Energy Secures $13.76 Million Low-Interest Loan from CCB
Sunrise New Energy Co., Ltd - Class A Ordinary Shares (EPOW)
Company Research
Source: GlobeNewswire
Loan Enhances Liquidity to Accelerate Delivery of High-Demand Orders ZIBO, China, June 27, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has received a $13.76 million low-interest loan from China Construction Bank (CCB). This loan will effectively enhance the Company’s liquidity, enabling it to accelerate the delivery of its highly sought-after orders from prestigious clients such as globally renowned lithium battery manufacturers CATL, BYD, and HiTHIUM. As one of China’s largest banks, CCB’s loan approval process involves a comprehensive evaluation system. This system assesses the Company’s assets, financial status, technological achievements, talent team, patents, and market recognition as important credit factors. Securing this substantial low-interest loan from CCB is a significant endorsement of Sunrise New Energy's qualifications. "Our customers have expressed great satisfac
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News
- Sunrise New Energy Secures $13.76 Million Low-Interest Loan from CCB [Yahoo! Finance]Yahoo! Finance
- Sunrise Secures New Key Client with Significant Order [Yahoo! Finance]Yahoo! Finance
- Sunrise Secures New Key Client with Significant OrderGlobeNewswire
- Sunrise Achieves Significant Milestone with Delivery of 5,800 Tons to HiTHIUM, a Global Leading Energy Storage Battery Manufacturer [Yahoo! Finance]Yahoo! Finance
- Sunrise Achieves Significant Milestone with Delivery of 5,800 Tons to HiTHIUM, a Global Leading Energy Storage Battery ManufacturerGlobeNewswire
EPOW
Sec Filings
- 5/16/24 - Form 20-F
- 4/30/24 - Form NT
- EPOW's page on the SEC website