Sunrise New Energy Shares Jump After Securing Long-Term Anode Supply Deal
Shares of Sunrise New Energy Co Ltd, which does business as E-Power Inc., climbed 27.4% at Friday's close following the announcement of a long-term anode material supply contract with a global top-5 lithium-ion battery manufacturer and a mutual strategic intent to co-invest in a 30,000-tonne-per-year anode production plant in Indonesia.