E-Power receives $9.2M payment for first phase of anode contract

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Go back to E-Power receives $9.2M payment for first phase of anode contract

E-Power Receives RMB 61.8 Million (US$9.2 Million) in Full Payment for Completed Phase of RMB 343 Million Anode Contract

September 23, 2026 8:30 AM EDT

DOVER, USA, Sept. 23, 2026 (GLOBE NEWSWIRE) -- E-Power Inc. (E-Power, the Company, we or our) (NASDAQ: EPOW), a provider of advanced battery materials and AI Data Center (AIDC) microgrid solutions, today announced that its indirectly wholly-owned subsidiary, Shandong Sunrise Technology Co., Ltd. (Shandong Sunrise), has completed the equipment process design and technical consulting services required under its turnkey contract with Shandong Fusion New Material Co., Ltd. (the Customer), announced on August 27, 2026 (the Contract), and has received the associated payment of RMB 61,825,140 (approximately US$9.2 million) in full.

The technical services represent the first completed... More