Sunrise New Energy, a prominent player in the energy sector, experienced a positive surge in its shares, which grew by 17% to reach $1.95 on Wednesday. This follows the company's recent announcement regarding its application for two new patents for its hard carbon composite materials.
Despite hitting a 52-week low at $1.55 on Monday, Sunrise New Energy remains determined and committed to pushing the boundaries of innovation. Over the past year, the company has faced a considerable decline of 43%. However, with its latest move to acquire additional patents, there is strong potential for an upward trajectory.
The two patent applications made by Sunrise New Energy are as follows:
- "A Preparation Method for Metal Sulfide Doped Hard Carbon Composite Materials"
- "A Hard Carbon Composite Material Doped With Antimony Alloy and Its Preparation Method"
These patents highlight the company's continuous dedication towards improving and enhancing the performance of their hard carbon composite materials. By exploring new techniques and alloys, Sunrise New Energy aims to revolutionize the field of energy storage.
This isn't the first time that Sunrise New Energy has been acknowledged for its groundbreaking work. In August, the company was granted two new invention patents. The first patent focused on "A Preparation Method for Anode Materials Used in Long Cycle Lithium Ion Batteries." The second patent centered around "A Preparation Method for High Energy Density Fast Charging Anode Materials."
Furthermore, Sunrise New Energy proudly shares that it has caught the attention of Tesla's Battery Raw Materials team. The team has expressed interest in acquiring technical details, manufacturing plans, and information about available capacity related to Sunrise's hard carbon products. This collaboration holds immense potential for both parties and is indicative of Sunrise New Energy's growing influence in the industry.
As Sunrise New Energy forges ahead with its ambitious endeavors, it positions itself as one of the frontrunners in energy storage innovation. The company's commitment to research and development, reflected in its patent applications and collaborations, underscores its determination to shape the future of the energy sector.