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Sunrise New Energy Co. Forms Joint Venture to Expand into U.S. Market

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Sunrise New Energy Co. Forms Joint Venture to Expand into U.S. Market

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Sunrise New Energy Co ( (EPOW) ) has provided an announcement.

On August 5, 2025, Sunrise New Energy Co., Ltd. entered into a joint venture agreement with SDH (HK) New Energy Tech Co., Kekecely Ltd, and Simple Cloud Technology to establish Alchemistica Inc. in Delaware, USA. This joint venture, with a total capital contribution of $1,000,000, aims to support Sunrise New Energy’s expansion into the U.S. market, focusing on R&D, marketing, and local manufacturing in the energy sector. The company and its subsidiary will hold a 71% equity interest in the venture, potentially strengthening its market position and operational capabilities in the U.S.

Spark’s Take on EPOW Stock

According to Spark, TipRanks’ AI Analyst, EPOW is a Underperform.

The overall stock score of 40 reflects significant financial instability, as highlighted by negative profitability and valuation metrics. Technical indicators show a neutral trend, offering little positive momentum. The absence of earnings call data and corporate events leaves these concerns unmitigated.

To see Spark’s full report on EPOW stock, click here.

More about Sunrise New Energy Co

Sunrise New Energy Co., Ltd. operates in the energy sector with a focus on research and development, marketing, strategic planning, local manufacturing, and investment in the energy industry and battery materials. The company is expanding its operations into the United States.

Average Trading Volume: 16,093

Technical Sentiment Signal: Sell

Find detailed analytics on EPOW stock on TipRanks’ Stock Analysis page.

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