{"success":true,"data":{"pressRelease":{"id":"150862","rtpr_id":"nGNE19J16D-20260923","ticker":"EPOW","exchange":"NASDAQ","all_tickers":["EPOW"],"title":"E-Power Receives RMB 61.8 Million (US$9.2 Million) in Full Payment for Completed Phase of RMB 343 Million Anode Contract","author":"Globe Newswire","published_at":"2026-09-23T12:30:00.226Z","article_body":"DOVER, USA, Sept. 23, 2026 (GLOBE NEWSWIRE) -- E-Power Inc. (“E-Power,”\nthe “Company,” “we” or “our”) (NASDAQ: EPOW), a provider of\nadvanced battery materials and AI Data Center (AIDC) microgrid solutions,\ntoday announced that its indirectly wholly-owned subsidiary, Shandong Sunrise\nTechnology Co., Ltd. (“Shandong Sunrise”), has completed the equipment\nprocess design and technical consulting services required under its turnkey\ncontract with Shandong Fusion New Material Co., Ltd. (the “Customer”),\nannounced on August 27, 2026 (the “Contract”), and has received the\nassociated payment of RMB 61,825,140 (approximately US$9.2 million) in full.\n\nThe technical services represent the first completed phase of the Contract,\nwhich has a total value of RMB 343,473,000 (approximately US$51.2 million) and\nwas awarded to Shandong Sunrise in June 2026. The work was performed by the\nCompany’s engineering team.\n\nCompleted Contract Scope and Consideration\n* Artificial Graphite Anode Line: Full process and equipment design and\ntechnical consulting services for a fully automated production line with a\ndesigned capacity of 20,000 tons per year — RMB 37,474,515 (approximately\nUS$5.6 million).\n* Silicon-Carbon Anode Line: Full process and equipment design and technical\nconsulting services for a production line with a designed capacity of 1,000\ntons per year — RMB 24,350,625 (approximately US$3.6 million).\n* Total: RMB 61,825,140 (approximately US$9.2 million), representing\napproximately 18% of the total Contract value, received in full.\nFrom Award to Execution\n\nThe completion of this work represents the first component of the Contract,\nwith the related services delivered and payment received in full. The\nremaining obligations required under the Contract include equipment\nmanufacture and phased delivery, on-site installation and commissioning,\noperator training, testing and environmental auxiliary equipment, spare parts,\ntechnical documentation and a 12-month warranty period, culminating in\nload-bearing trial production and final acceptance at the Customer’s\nadvanced electronic materials project in the Laiwu District of Jinan, Shandong\nProvince, China.\n\nThe engagement reflects the Company’s strategy of commercializing process\nknow-how developed through the construction and operation of anode facilities\nthrough its joint venture and subsidiaries. The design work delivered under\nthis phase covers both conventional artificial graphite production and\nsilicon-carbon anode material, a next-generation material for\nhigh-energy-density batteries.\n\n“The completion of this Contract phase and collection of the full payment is\nthe kind of milestone we said we would report,” said Mr. Haiping Hu, the\nfounder, CEO and Chairman of E-Power Inc. “We believe that design and\nprocess engineering is where our accumulated know-how is most directly\nmonetized, and that the completion of this phase provides both our Customer\nand our shareholders with a concrete measure of execution. We intend to\ncontinue to provide updates as the equipment phases of the Contract\nprogress.”\n\nAbout E-Power Inc.\n\nE-Power Inc., through its subsidiaries, joint venture and variable interest\nentity structure, is engaged in the manufacturing and sale of graphite anode\nmaterial for lithium-ion batteries. Through its joint venture, the Company\noperates a plant in Guizhou Province, China, powered by electricity from\nrenewable sources, which contributes to the plant’s competitive production\ncosts and reduced environmental impact in the production of graphite anode\nmaterial. Mr. Haiping Hu, the founder, CEO and Chairman of the Company, has\nbeen a pioneer in the graphite anode industry since 1999. The Company’s\nmanagement team is composed of experts with years of experience and successful\ntrack records in the graphite anode industry. For further information, please\nvisit the Company’s website at www.sunrisenewenergy.com.\n\nForward-looking statement\n\nCertain statements in this press release regarding the Company’s future\nexpectations, plans and prospects constitute forward-looking statements as\ndefined by the Private Securities Litigation Reform Act of 1995.\nForward-looking statements include statements about plans, goals, objectives,\nstrategies, future events, expected results, assumptions, the completion of\nthe remaining phases of the Contract, the timing of equipment manufacture,\ndelivery, installation and acceptance, and any statements that are not\nhistorical facts. Words such as “may,” “will,” “plan,”\n“anticipate,” “should,” “believe,” “expect,” “estimate,”\nand similar words, shall be regarded as forward-looking statements. Due to\nvarious factors, the actual results may differ materially from the historical\nresults or from those expressed or implied by these forward-looking\nstatements. These factors include, but are not limited to, the Company’s\nstrategic objectives, the Company’s future plans, market demand and user\nacceptance of the Company’s products or services, the Company’s ability to\ncomplete the remaining phases of the Contract and the timing of equipment\nmanufacture, delivery, installation, commissioning and final acceptance,\ntechnological updates, economic trends, the Company’s reputation and brand,\nthe impact of industry competition, relevant policies and regulations,\nChina’s macroeconomic conditions, international market conditions, and other\nrelated risks and assumptions. In view of the above and other related reasons,\nwe advise investors not to place undue reliance on these forward-looking\nstatements, and we urge investors to visit the website of the United States\nSecurities and Exchange Commission to review the Company’s filings for other\nfactors that may affect the Company’s future operating results. The Company\nundertakes no obligation to publicly update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise, except as required by law.\n\nFor more information, please contact:\n\nThe Company: IR Department\nEmail: IR@sunrisenewenergy.com\nPhone: +1 4084890472","article_body_html":"","raw_payload":{"data":{"id":"nGNE19J16D-20260923","title":"E-Power Receives RMB 61.8 Million (US$9.2 Million) in Full Payment for Completed Phase of RMB 343 Million Anode Contract","author":"Globe Newswire","ticker":"EPOW","created":"2026-09-23T12:30:00.226Z","tickers":["EPOW"],"exchange":"NASDAQ","article_body":"DOVER, USA, Sept. 23, 2026 (GLOBE NEWSWIRE) -- E-Power Inc. (“E-Power,”\nthe “Company,” “we” or “our”) (NASDAQ: EPOW), a provider of\nadvanced battery materials and AI Data Center (AIDC) microgrid solutions,\ntoday announced that its indirectly wholly-owned subsidiary, Shandong Sunrise\nTechnology Co., Ltd. (“Shandong Sunrise”), has completed the equipment\nprocess design and technical consulting services required under its turnkey\ncontract with Shandong Fusion New Material Co., Ltd. (the “Customer”),\nannounced on August 27, 2026 (the “Contract”), and has received the\nassociated payment of RMB 61,825,140 (approximately US$9.2 million) in full.\n\nThe technical services represent the first completed phase of the Contract,\nwhich has a total value of RMB 343,473,000 (approximately US$51.2 million) and\nwas awarded to Shandong Sunrise in June 2026. The work was performed by the\nCompany’s engineering team.\n\nCompleted Contract Scope and Consideration\n* Artificial Graphite Anode Line: Full process and equipment design and\ntechnical consulting services for a fully automated production line with a\ndesigned capacity of 20,000 tons per year — RMB 37,474,515 (approximately\nUS$5.6 million).\n* Silicon-Carbon Anode Line: Full process and equipment design and technical\nconsulting services for a production line with a designed capacity of 1,000\ntons per year — RMB 24,350,625 (approximately US$3.6 million).\n* Total: RMB 61,825,140 (approximately US$9.2 million), representing\napproximately 18% of the total Contract value, received in full.\nFrom Award to Execution\n\nThe completion of this work represents the first component of the Contract,\nwith the related services delivered and payment received in full. The\nremaining obligations required under the Contract include equipment\nmanufacture and phased delivery, on-site installation and commissioning,\noperator training, testing and environmental auxiliary equipment, spare parts,\ntechnical documentation and a 12-month warranty period, culminating in\nload-bearing trial production and final acceptance at the Customer’s\nadvanced electronic materials project in the Laiwu District of Jinan, Shandong\nProvince, China.\n\nThe engagement reflects the Company’s strategy of commercializing process\nknow-how developed through the construction and operation of anode facilities\nthrough its joint venture and subsidiaries. The design work delivered under\nthis phase covers both conventional artificial graphite production and\nsilicon-carbon anode material, a next-generation material for\nhigh-energy-density batteries.\n\n“The completion of this Contract phase and collection of the full payment is\nthe kind of milestone we said we would report,” said Mr. Haiping Hu, the\nfounder, CEO and Chairman of E-Power Inc. “We believe that design and\nprocess engineering is where our accumulated know-how is most directly\nmonetized, and that the completion of this phase provides both our Customer\nand our shareholders with a concrete measure of execution. We intend to\ncontinue to provide updates as the equipment phases of the Contract\nprogress.”\n\nAbout E-Power Inc.\n\nE-Power Inc., through its subsidiaries, joint venture and variable interest\nentity structure, is engaged in the manufacturing and sale of graphite anode\nmaterial for lithium-ion batteries. Through its joint venture, the Company\noperates a plant in Guizhou Province, China, powered by electricity from\nrenewable sources, which contributes to the plant’s competitive production\ncosts and reduced environmental impact in the production of graphite anode\nmaterial. Mr. Haiping Hu, the founder, CEO and Chairman of the Company, has\nbeen a pioneer in the graphite anode industry since 1999. The Company’s\nmanagement team is composed of experts with years of experience and successful\ntrack records in the graphite anode industry. For further information, please\nvisit the Company’s website at www.sunrisenewenergy.com.\n\nForward-looking statement\n\nCertain statements in this press release regarding the Company’s future\nexpectations, plans and prospects constitute forward-looking statements as\ndefined by the Private Securities Litigation Reform Act of 1995.\nForward-looking statements include statements about plans, goals, objectives,\nstrategies, future events, expected results, assumptions, the completion of\nthe remaining phases of the Contract, the timing of equipment manufacture,\ndelivery, installation and acceptance, and any statements that are not\nhistorical facts. Words such as “may,” “will,” “plan,”\n“anticipate,” “should,” “believe,” “expect,” “estimate,”\nand similar words, shall be regarded as forward-looking statements. Due to\nvarious factors, the actual results may differ materially from the historical\nresults or from those expressed or implied by these forward-looking\nstatements. These factors include, but are not limited to, the Company’s\nstrategic objectives, the Company’s future plans, market demand and user\nacceptance of the Company’s products or services, the Company’s ability to\ncomplete the remaining phases of the Contract and the timing of equipment\nmanufacture, delivery, installation, commissioning and final acceptance,\ntechnological updates, economic trends, the Company’s reputation and brand,\nthe impact of industry competition, relevant policies and regulations,\nChina’s macroeconomic conditions, international market conditions, and other\nrelated risks and assumptions. In view of the above and other related reasons,\nwe advise investors not to place undue reliance on these forward-looking\nstatements, and we urge investors to visit the website of the United States\nSecurities and Exchange Commission to review the Company’s filings for other\nfactors that may affect the Company’s future operating results. The Company\nundertakes no obligation to publicly update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise, except as required by law.\n\nFor more information, please contact:\n\nThe Company: IR Department\nEmail: IR@sunrisenewenergy.com\nPhone: +1 4084890472"},"type":"article","timestamp":"2026-09-23T12:30:00.31775355Z","server_sent_at_ms":1790166600317},"received_at":"2026-09-23T12:30:00.496Z","source_url":null},"analysis":{"id":"139660","press_release_id":"150862","analysis_json":{"industry":{"label":"Materials","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"E-Power's subsidiary Shandong Sunrise completed the first phase of its RMB 343 million (US$51.2 million) anode turnkey contract and received full payment of RMB 61.8 million (about US$9.2 million).\n\nThe completed phase covers process and equipment design plus technical consulting for a 20,000 ton-per-year artificial graphite anode line and a 1,000 ton-per-year silicon-carbon anode line, representing roughly 18% of total contract value.\n\nRemaining obligations include equipment manufacture, delivery, installation, commissioning and final acceptance at the customer's site in Jinan, Shandong, so further execution milestones lie ahead.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Small-cap contract execution milestone with cash collected -- positive but routine progress update on RMB 343M deal."},"keyFigures":{"customDimensions":{"contract_total_rmb":343473000,"contract_total_usd":51200000,"payment_received_rmb":61825140,"payment_received_usd":9200000,"pct_of_contract_value":"18%","graphite_line_capacity_tpy":20000,"silicon_carbon_line_capacity_tpy":1000}},"quotedText":"The completion of this Contract phase and collection of the full payment is the kind of milestone we said we would report","namedEntities":{"people":[{"name":"Haiping Hu","role":"founder, CEO and Chairman"}],"products":["artificial graphite anode line","silicon-carbon anode line"],"companies":[{"name":"E-Power Inc.","ticker":"EPOW"},{"name":"Shandong Sunrise Technology Co., Ltd.","relationship":"wholly-owned subsidiary"},{"name":"Shandong Fusion New Material Co., Ltd.","relationship":"customer"}],"dollarAmounts":[{"amount":"RMB 61,825,140 (approximately US$9.2 million)","context":"payment received for completed contract phase"},{"amount":"RMB 343,473,000 (approximately US$51.2 million)","context":"total turnkey contract value"}]},"materialImpact":{"score":2,"reasoning":"Routine positive milestone: first phase (~18%) of a previously announced RMB 343M contract completed with full payment received. Positive execution signal but not market-moving."},"tickerRelevance":{"others":[],"primary":"EPOW"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"eventSize":"US$9.2M payment on US$51.2M contract","tickerTier":"micro-cap","eventGravity":"contract-phase-completion"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"E-Power's subsidiary Shandong Sunrise completed the first phase of its RMB 343 million (US$51.2 million) anode turnkey contract and received full payment of RMB 61.8 million (about US$9.2 million).\n\nThe completed phase covers process and equipment design plus technical consulting for a 20,000 ton-per-year artificial graphite anode line and a 1,000 ton-per-year silicon-carbon anode line, representing roughly 18% of total contract value.\n\nRemaining obligations include equipment manufacture, delivery, installation, commissioning and final acceptance at the customer's site in Jinan, Shandong, so further execution milestones lie ahead.","key_figures":{"customDimensions":{"contract_total_rmb":343473000,"contract_total_usd":51200000,"payment_received_rmb":61825140,"payment_received_usd":9200000,"pct_of_contract_value":"18%","graphite_line_capacity_tpy":20000,"silicon_carbon_line_capacity_tpy":1000}},"named_entities":{"people":[{"name":"Haiping Hu","role":"founder, CEO and Chairman"}],"products":["artificial graphite anode line","silicon-carbon anode line"],"companies":[{"name":"E-Power Inc.","ticker":"EPOW"},{"name":"Shandong Sunrise Technology Co., Ltd.","relationship":"wholly-owned subsidiary"},{"name":"Shandong Fusion New Material Co., Ltd.","relationship":"customer"}],"dollarAmounts":[{"amount":"RMB 61,825,140 (approximately US$9.2 million)","context":"payment received for completed contract phase"},{"amount":"RMB 343,473,000 (approximately US$51.2 million)","context":"total turnkey contract value"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-23T12:30:06.041Z","global_importance":20,"audience_relevance":15,"importance_components":{"eventSize":"US$9.2M payment on US$51.2M contract","tickerTier":"micro-cap","eventGravity":"contract-phase-completion"}},"durationMs":5494,"modelName":"glm-5.3-flashx"}}