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EPOW Preannounces 2022 Sales Increase Of 410% YoY To $37.8M; 2H 2022 Sales Increase Of 1299% YoY To $27.5M
EPOW Preannounces 2022 Sales Increase Of 410% YoY To $37.8M; 2H 2022 Sales Increase Of 1299% YoY To $27.5M
- Second half 2022 Sales Increase of 1,299% to $27.5 Million
- Rapid growth to continue in 2023 driven by recently announced $464 million purchase order
ZIBO, China, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced unaudited preliminary sales numbers for its year ending December 31, 2022, of $37.8 million (RMB261 million), a 410% increase over 2021 sales of $7.4 million.
Preliminary sales numbers unaudited for the second half of 2022 were $27.5 million, an increase of 1,299% over the second half of 2021 sales of $2.0 million. The rapid growth in sales was driven by:
- Strong graphite anode market fundamentals driven by rapid growth in sales of EVs with each new EV requiring 60 kilograms of graphite anode
- Increasing orders from existing customers
- New customer wins, including CATL, Narada, and Pylon Tech
- Increased production capacity at Sunrise New Energy's manufacturing plant in Guizhou Province, reaching a rate of 20,000 metric tons of annual production of graphite anode in late 2022
"I am so proud of the entire team for this incredible accomplishment," said Sunrise New Energy's Chairman, Mr. Haiping Hu. "2023 promises to be an exciting year with continued rapid growth given our recently announced 2-year purchase order worth approximately $464 million which we will begin fulfilling in the coming months. We are also in the final stages of negotiation with a new customer for a large purchase order which we anticipate we will close by the time we announce our full financial results."
- Second half 2022 Sales Increase of 1,299% to $27.5 Million
- Rapid growth to continue in 2023 driven by recently announced $464 million purchase order
- 2022年下半年销售额增长1299%,达到2750万美元
- 在最近宣布的4.64亿美元采购订单的推动下,2023年将继续快速增长
ZIBO, China, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced unaudited preliminary sales numbers for its year ending December 31, 2022, of $37.8 million (RMB261 million), a 410% increase over 2021 sales of $7.4 million.
中国日出新能源股份有限公司(纳斯达克股票代码:EPOW)今天宣布,截至2022年12月31日的未经审计的初步销售额为3,780万美元(合人民币2.61亿元),较2021年的740万美元增长了410%。
Preliminary sales numbers unaudited for the second half of 2022 were $27.5 million, an increase of 1,299% over the second half of 2021 sales of $2.0 million. The rapid growth in sales was driven by:
2022年下半年未经审计的初步销售额为2750万美元,比2021年下半年200万美元的销售额增长了1299%。销售额的快速增长是由以下因素推动的:
- Strong graphite anode market fundamentals driven by rapid growth in sales of EVs with each new EV requiring 60 kilograms of graphite anode
- Increasing orders from existing customers
- New customer wins, including CATL, Narada, and Pylon Tech
- Increased production capacity at Sunrise New Energy's manufacturing plant in Guizhou Province, reaching a rate of 20,000 metric tons of annual production of graphite anode in late 2022
- 强劲的石墨阳极市场基本面受到电动汽车销售快速增长的推动,每辆新电动汽车需要60公斤石墨阳极
- 来自现有客户的订单增加
- 赢得新客户,包括CATL、Narada和Pylon Tech
- 日出新能源贵州省制造厂产能增加,2022年底达到年产2万吨石墨阳极的速度
"I am so proud of the entire team for this incredible accomplishment," said Sunrise New Energy's Chairman, Mr. Haiping Hu. "2023 promises to be an exciting year with continued rapid growth given our recently announced 2-year purchase order worth approximately $464 million which we will begin fulfilling in the coming months. We are also in the final stages of negotiation with a new customer for a large purchase order which we anticipate we will close by the time we announce our full financial results."
日出新能源董事长胡海平表示:“我为整个团队取得的令人难以置信的成就感到骄傲。”考虑到我们最近宣布的价值约4.64亿美元的两年期采购订单,2023年有望成为令人兴奋的一年,持续快速增长,我们将在未来几个月开始履行订单。我们还处于与新客户就大笔采购订单进行谈判的最后阶段,我们预计在宣布全面财务业绩时,我们将完成这笔订单。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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