(SeaPRwire) – DOVER, USA, May 26, 2026 — E-Power Inc. (“E-Power,” the “Company,” “we,” or “our”) (NASDAQ: EPOW), a prominent supplier of AI Data Center (AIDC) microgrid technology and specialized battery materials, announced today that its research project, “Research and Development of Advanced Anode Materials for New Energy Storage under the ‘Rich Mineral Refined Extraction’ Initiative,” has successfully cleared the expert review and defense process conducted by the Guizhou Provincial Department of Science and Technology. Consequently, the project has been officially selected for the 2026 inaugural round of the “Three-Scale-Up Enterprises” R&D Innovation Support and Science and Technology Enterprise Cultivation Program, earning a government grant of RMB 1,555,600 (approximately USD 213,000).
Advancing Innovation in Energy Storage Anode Materials
The successful defense of this project serves as a significant endorsement of E-Power’s technical strategy by regional science and technology authorities. The initiative aligns with provincial goals to optimize the utility of local mineral resources through sophisticated extraction and material engineering processes. Key aspects of the project include:
- Dedicated Government Grant: The project is set to receive RMB 1,555,600 (approximately USD 213,000) in targeted funding from the Guizhou Provincial Department of Science and Technology, with all proceeds strictly allocated to R&D efforts.
- Focus on Advanced Anode R&D: The funds will be utilized to expedite the research, development, and industrial-scale production of high-performance carbon-based and composite anode materials designed for large-scale energy storage systems (ESS), with a focus on enhancing energy density, cycle longevity, and cost-effectiveness.
- Government-Supported Cultivation: Selection for this prestigious program highlights E-Power’s status as a leading technology firm driving innovation in new materials, setting a standard for high-growth science and technology companies within the region.
Synergistic Development Across the Battery and Microgrid Ecosystem
This R&D achievement bolsters E-Power’s capacity to provide high-caliber, vertically integrated battery materials alongside its expanding microgrid operations. By improving the fundamental electrochemical properties of energy storage anode materials, the Company is establishing a robust framework for more efficient, durable, and cost-effective battery storage solutions for modern microgrids and AI-powered infrastructure. The project complements E-Power’s existing 50,000-ton graphite anode production capacity, managed through its joint venture, which utilizes low-cost renewable energy to ensure a cost-efficient and environmentally sustainable production model.
Management Commentary
“Receiving this specialized funding from the Guizhou Provincial Department of Science and Technology following such a rigorous expert evaluation is a clear validation of our R&D expertise,” stated Mr. Haiping Hu, Chairman of E-Power Inc. “With a history in the graphite anode sector dating back to 1999, we remain dedicated to transforming scientific innovation into commercial success. This grant strengthens our resolve to lead the global shift toward advanced energy storage and intelligent power infrastructure, while delivering long-term value to our shareholders, partners, and customers.”
About E-Power Inc.
E-Power Inc., via its joint venture, specializes in the production and sale of graphite anode materials for lithium-ion batteries. The joint venture has finalized a manufacturing facility with an annual production capacity of 50,000 tons. The plant operates on affordable renewable electricity, positioning E-Power as a low-cost, environmentally conscious producer of graphite anode materials. Mr. Haiping Hu, the Company’s founder and CEO, has been a global pioneer in the graphite anode industry since 1999. The management team consists of industry veterans with extensive experience and a proven track record in the graphite anode field. For more details, please visit the Company’s website at www.sunrisenewenergy.com.
Forward-looking statement
Certain statements within this press release regarding the Company’s future expectations, plans, and prospects are considered forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements encompass plans, goals, objectives, strategies, future events, anticipated results, assumptions, and any other non-factual statements. Terms such as “may,” “will,” “want,” “should,” “believe,” “expect,” “estimate,” or similar expressions indicate forward-looking statements. Actual results may differ materially from historical performance or the contents of these forward-looking statements due to various factors. These include, but are not limited to, the Company’s strategic goals, future plans, market demand, user acceptance of products or services, technological advancements, economic trends, brand reputation, industry competition, regulatory policies, macroeconomic conditions in China, international market dynamics, and other related risks. We advise investors not to place undue reliance on these forward-looking statements and encourage them to review the Company’s filings on the SEC’s website for further information on factors that could impact future operating results. The Company assumes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances, except as required by law.
For more information, please contact:
The Company: IR Department
Email: IR@sunrisenewenergy.com
Phone: +1 4084890472
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