Sunrise new energy, a leading ev battery material manufacturer, preannounces 86% revenue growth for 1st half of 2022 and issues guidance

Zibo, china, sept. 15, 2022 (globe newswire) --  sunrise new energy co., ltd. (“sunrise”, the “company”, “we” or “our”) (nasdaq: epow), today preannounced revenues of $10.1 million for the 6 months ended june 30, 2022, an 86% increase over the same period in 2021. additionally, the company issued guidance for the 2nd half of 2022 for revenues of $30 million, which would be greater than 1,400% growth over the 2nd half of 2021 and 197% growth sequentially. the company anticipates achieving positive operating income by year-end.
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