Sunrise New Energy Secures $13.76 Million Low-Interest Loan from CCB

June 27, 2024

https://www.globenewswire.com/news-release/2024/06/27/2905302/0/en/Sunrise-New-Energy-Secures-13-76-Million-Low-Interest-Loan-from-CCB.html

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.

Read more at globenewswire.com

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