Sunrise secures additional $13.75 million low-interest loan from ccb, bolstering liquidity for order fulfillment

Zibo, china, july 22, 2024 (globe newswire) -- sunrise new energy co., ltd. (“sunrise new energy”, the “company”, “we” or “our”) (nasdaq: epow), today announced that it has successfully secured an additional $13.75 million low-interest loan from china construction bank (ccb). this brings the total loans received from ccb in 2024 to $27.51 million. the new funds will significantly enhance the company's liquidity, allowing for quicker delivery of orders from major global lithium battery manufacturers such as catl, byd, and hithium.
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