Sunrise New Energy Files for China Patent Award, the Highest Honor in Intellectual Property Rights

ZIBO, China, Jan. 12, 2024 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced today that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd. has announced its application for the prestigious China Patent Award, which is regarded as the foremost recognition in the field of intellectual property rights in China. Established in 1989, the China Patent Award is jointly organized by the State Intellectual Property Office of China and the World Intellectual Property Organization, with the aim of promoting and commending patented inventions and creations.

Sunrise has submitted its invention patent titled "Method for the Preparation of Negative Electrode Materials for Lithium-ion Batteries" (ZL202210400775.2). The patent discloses a technique wherein porous lithium titanate is obtained by double-coating the core with nitrogen and fluorine atoms, which is further coated on the surface of the core. This method significantly enhances the initial efficiency and power performance of graphite composites. Notably, the technology boasts an energy consumption in the range of only 30% compared to existing industry standards, surpassing the performance of similar international products by more than 50%. Overall, this innovation has achieved a leading-edge position on the global stage. The patent has already been granted in both China and Japan.

As the sole enterprise from Guizhou province to apply for the China Patent Award, Sunrise's patent has received recommendations from three academicians of the Chinese Academy of Engineering, further highlighting its exceptional value and significance.

"We are honored to be recommended by multiple academicians and participate in the highest-level patent evaluation in China. Sunrise is a research-driven high-tech company at the forefront of the global battery anode materials industry. We have applied for domestic and international patents for breakthrough technologies in graphite, silicon-carbon, and hard carbon," remarked Mr. Hu Haiping, Chairman of the Company. "Our technological leadership enables us to establish exclusive partnerships with world-renowned companies in the production of electric vehicle and energy storage batteries."