About Sunrise New Energy Company

Headquartered in Zibo, Shandong Province, China, Sunrise New Energy Co., Ltd., is engaged in the manufacturing and sale of graphite anode material for EVs and other lithium-ion batteries. The Company, through its joint venture, is constructing a 138,000 ㎡ manufacturing plant in Guizhou Province, China. The plant runs on inexpensive electricity from renewable sources, which the Company believes will make Sunrise New Energy the low-cost as well as the lowest environmental impact producer of graphite anode material. Haiping Hu, the founder and CEO of Sunrise New Energy, is a major pioneer for the graphite anode industry in China starting from 1999. The company's team is also composed of many experts with a cumulative decades of experience in the anode material business with strong track-records of success in the industry. Sunrise also operates a legacy internet knowledge sharing platform business for which the company is exploring strategic alternatives.