Epow receives $16 million patent loan to fund rapid growth

Zibo, china, sept. 18, 2023 (globe newswire) -- sunrise new energy co., ltd. (“sunrise  new energy”, the “company”, “we” or “our”) (nasdaq: epow), today announced that sunrise (guizhou) new energy material co., ltd. has received credit of rmb 50 million, or approximately $6.85 million based on the appraisal value of its 7 patents.
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