EPOW Receives $14 Million Financing from China Everbright Bank to Fulfill Orders from Leading Global Lithium Battery Manufacturers
ZIBO, China, March 08, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced securing a significant financing of $14 million USD from China Everbright Bank.
- ZIBO, China, March 08, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced securing a significant financing of $14 million USD from China Everbright Bank.
- This low-interest loan effectively bolsters the Company's liquidity, ensuring seamless production and delivery of client orders.
- Among the esteemed clientele are globally renowned lithium battery manufacturers such as Contemporary Amperex Technology Co. Limited (CATL), BYD and HiTHIUM.
- "Our clients have expressed immense satisfaction with the quality of products we've delivered, leading to a continuous surge in orders.