Security
E-Power Inc. Class A Ordinary Shares · EPOW
EPOWNASDAQCommon stockCurrentCIK 1780731Updated Oct 7, 2026
Name history
Sunrise New Energy Co., Ltd. · through Jan 7, 2026Global Internet of People, Inc. · through Jul 14, 2022
EPOW price & chart
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NASDAQ:EPOW on TradingView ↗About the company
E-Power Inc., through its subsidiaries, joint venture and variable interest entity structure, is engaged in the manufacturing and sale of graphite anode material for lithium-ion batteries. Through its joint venture, the Company operates a plant in Guizhou Province, China, powered by electricity from renewable sources, which contributes to the plant’s competitive production costs and reduced environmental impact in the production of graphite anode material. Mr. Haiping Hu, the founder, CEO and Chairman of the Company, has been a pioneer in the graphite anode industry since 1999. The Company’s management team is composed of experts with years of experience and successful track records in the graphite anode industry. For further information, please visit the Company’s website at www.sunrisenewenergy.com.
In the news
E-Power Receives RMB 61.8 Million (US$9.2 Million) in Full Payment for Completed Phase of RMB 343 Million Anode Contract ↗
Seeking Alpha
E-Power stock surges 6% as $51.2M Anode contract moves ahead ↗
E-Power receives Nasdaq notice over minimum bid price deficiency ↗
SEC disclosures
E-Power Inc. files prospectus supplement (424B5) ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 156,436,449Source | 143,023,032Source | 120,504,530Source | 107,022,374Source |
| Property, Plant and Equipment, NetUSD | 63,945,861Source | 60,503,274Source | 65,561,251Source | 41,468,383Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 217,303Source | 71,909Source | — | 10,083,242Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 21,838,471Source | 1,264,463Source | 1,395,945Source | 1,655,549Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 9,941,071Source | 28,992,149Source | 8,936,315Source | 200,000,000Source |
| Inventory, NetUSD | 24,110,221Source | 17,660,390Source | 15,843,546Source | 12,240,642Source |
| Assets, CurrentUSD | 72,243,229Source | 63,010,873Source | 35,815,895Source | 44,637,833Source |
| Prepaid Expense and Other Assets, CurrentUSD | 5,969,432Source | 4,073,702Source | 5,962,953Source | 12,240,642Source |
| Other Assets, NoncurrentUSD | — | — | 47,509Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 140,544,279Source | 115,728,359Source | 75,172,766Source | 33,660,777Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | — | — | 2,536Source |
| Additional Paid in CapitalUSD | — | 32,175,698Source | — | 33,789,702Source |
| Retained Earnings (Accumulated Deficit)USD | -58,883,066Source | -42,243,463Source | -30,467,027Source | -6,234,447Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -2,381,764Source | -2,577,144Source | -1,989,087Source | -1,355,358Source |
| Stockholders' Equity Attributable to ParentUSD | -12,103,987Source | -10,264,271Source | 2,645,008Source | 28,680,373Source |
| Additional Paid in Capital, Common StockUSD | 45,764,415Source | — | 32,620,568Source | — |
| Liabilities and EquityUSD | 156,436,449Source | 143,023,032Source | 120,504,530Source | 107,022,374Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 100,665,426Source | 86,756,609Source | 63,488,418Source | 26,023,445Source |
| Accounts Payable, CurrentUSD | 36,814,691Source | 49,959,735Source | 33,872,581Source | 12,259,772Source |
| Deferred Income Tax Liabilities, NetUSD | 197,392Source | 189,551Source | 195,327Source | 199,583Source |
| Other Liabilities, NoncurrentUSD | 122,409Source | — | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 27,996,157Source | 37,558,944Source | 8,143,570Source | 13,452,895Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | 28,992,149Source | — | 5,167,701Source |
| Deferred Revenue, CurrentUSD | — | — | — | 347,231Source |
| Deferred Revenue, NoncurrentUSD | — | — | — | 347,471Source |
| Deferred Tax Liabilities, NetUSD | — | — | 195,327Source | — |
| Long-term Debt, Current MaturitiesUSD | 29,375,697Source | 485,556Source | 478,880Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 39,559,052Source | 26,410,701Source | 3,507,092Source | — |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | — | 34,543,186Source | 31,228,329Source |
| Short-term InvestmentsUSD | — | — | — | 3,336,256Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -26,659,381Source | -17,981,164Source | -32,920,724Source | -23,124,402Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 322,386Source | 972,743Source | 2,145,801Source | 2,729,969Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -19,043,753Source | 20,706,075Source | 4,074,715Source | 1,734,486Source |
| Increase (Decrease) in InventoriesUSD | 10,638,275Source | 6,241,347Source | 5,095,430Source | 18,747,772Source |
| Deferred Income Tax Expense (Benefit)USD | -446Source | -446Source | -454Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -25,160,584Source | -5,352,157Source | -7,282,995Source | -9,573,401Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 832,219Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -11,221,084Source | 632,461Source | -7,003,035Source | -45,609,072Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 6,392,748Source | 2,464,915Source | 5,472,778Source | 43,714,195Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 54,460,285Source | 10,631,669Source | 13,679,267Source | 45,760,061Source |
| Repayments of Long-term DebtUSD | — | 601,369Source | — | 887,788Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 18,789,517Source | 5,739,917Source | -673,350Source | -10,322,198Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 28,150,101Source | 9,360,584Source | 3,620,667Source | 4,294,017Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,449,701Source | 1,868,263Source | 1,377,302Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 710,900Source | -172,056Source | -66,587Source | -899,786Source |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | 217,977Source | 126,042Source |
| Share-based Payment Arrangement, ExpenseUSD | 322,386Source | 972,743Source | 2,170,801Source | — |
| Amortization of Intangible AssetsUSD | 255,526Source | 214,499Source | 217,977Source | — |
| DepreciationUSD | 5,679,880Source | 4,875,028Source | 3,249,396Source | 750,220Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | — | 2,399,713Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -1,165,807Source | -5,123,964Source |
| Gain (Loss) on InvestmentsUSD | 146,361Source | 198,176Source | — | — |
| General and Administrative ExpenseUSD | 7,329,317Source | 7,391,664Source | 13,040,038Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | 3,151,467Source | — |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | 3,151,467Source | 2,650,020Source |
| Income (Loss) from Equity Method InvestmentsUSD | 146,361Source | 198,176Source | -1,170,974Source | -3,566,561Source |
| Income Tax Expense (Benefit)USD | -387Source | 5,563Source | -226Source | 808,970Source |
| InterestExpenseNonoperatingUSD | 4,566,816Source | 2,018,680Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -16,635,580Source | -11,776,436Source | -24,232,580Source | -22,636,622Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -10,023,801Source | -6,204,728Source | -8,688,144Source | -487,780Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -16,635,580Source | -12,760,363Source | -27,547,437Source | — |
| Nonoperating Income (Expense)USD | -10,632,280Source | -1,379,273Source | -2,390,945Source | -3,506,299Source |
| Operating ExpensesUSD | 10,180,004Source | 10,798,748Source | 18,126,754Source | 17,458,755Source |
| Other Nonoperating Income (Expense)USD | 323,111Source | 441,231Source | 942,138Source | 87,390Source |
| Proceeds from Contributed CapitalUSD | — | 50,000Source | — | — |
| Proceeds from Contributions from AffiliatesUSD | 9,739,130Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | 148,078Source | — |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | 41,905,792Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | — | — | — | 37,024,594Source |
| Realized Investment Gains (Losses)USD | — | — | 86,314Source | 2,625,349Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 45,050,405Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 46,416,132Source | 64,997,741Source | 45,050,405Source | 38,125,668Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | — | — | — | 12,678,873Source |
| Operating Income (Loss)USD | -16,027,488Source | -16,596,328Source | -30,530,005Source | -18,809,133Source |
| Other Nonoperating Income (Expense)USD | 323,111Source | 441,231Source | 942,138Source | 87,390Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -26,659,768Source | -17,975,601Source | -32,920,950Source | — |
| Income Tax Expense (Benefit)USD | -387Source | 5,563Source | -226Source | 808,970Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -10,023,801Source | -6,204,728Source | -8,688,144Source | -487,780Source |
| Net Income (Loss) Attributable to ParentUSD | -16,635,580Source | -11,776,436Source | -24,232,580Source | -22,636,622Source |
| Earnings Per Share, BasicUSD per share | -0.57Source | -0.48Source | -1.08Source | -0.98Source |
| Earnings Per Share, DilutedUSD per share | -0.57Source | -0.48Source | -1.08Source | -0.98Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 29,043,280Source | 26,404,589Source | 25,622,195Source | 24,820,313Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 29,043,280Source | 26,404,589Source | 25,622,195Source | 24,820,313Source |
| Interest Expense (non-operating)USD | 4,566,816Source | 2,018,680Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 255,526Source | 214,499Source | 217,977Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 5,683,727Source | 4,881,946Source | 3,953,328Source | 2,062,499Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -1,165,807Source | -5,123,964Source |
| Gain (Loss) on InvestmentsUSD | 146,361Source | 198,176Source | — | — |
| General and Administrative ExpenseUSD | 7,329,317Source | 7,391,664Source | 13,040,038Source | — |
| Gross ProfitUSD | -5,847,484Source | -5,797,580Source | -12,403,251Source | -1,350,378Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | — | -22,315,432Source |
| Income (Loss) from Equity Method InvestmentsUSD | 146,361Source | 198,176Source | -1,170,974Source | -3,566,561Source |
| Interest ExpenseUSD | 1,117,115Source | — | — | — |
| Interest Income (Expense), NetUSD | — | -166,999Source | -2,162,109Source | -27,128Source |
| Interest Income (Expense), Nonoperating, NetUSD | -4,566,816Source | — | — | — |
| Investment Income, NetUSD | 146,361Source | 198,176Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -16,635,580Source | -12,760,363Source | -27,547,437Source | — |
| Nonoperating Income (Expense)USD | -10,632,280Source | -1,379,273Source | -2,390,945Source | -3,506,299Source |
| Operating ExpensesUSD | 10,180,004Source | 10,798,748Source | 18,126,754Source | 17,458,755Source |
| Other Cost of Operating RevenueUSD | — | — | — | 8,188Source |
| Other ExpensesUSD | — | — | 1,310,130Source | 3,938,431Source |
| Other General and Administrative ExpenseUSD | — | — | — | 2,674,292Source |
| Realized Investment Gains (Losses)USD | — | — | 86,314Source | 2,625,349Source |
| Research and Development ExpenseUSD | 1,955,588Source | 2,507,324Source | 1,193,082Source | 1,053,882Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 45,050,405Source | — |
| Selling and Marketing ExpenseUSD | 895,099Source | 899,760Source | 742,167Source | 1,075,980Source |
| Selling ExpenseUSD | 895,099Source | — | — | — |
Offerings
Registration 333-297688
Filing attachments
ea030727801ex4-1.htm · 6-K · 2026-10-06
Exhibit 4.1 PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT E-Power Inc. Warrant Shares: 292,393 Initial Exercise Date: September 30, 2026 THIS PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Haoze Li or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and until this Warrant is exercis…
Read attachment ↗ea030727801ex4-2.htm · 6-K · 2026-10-06
Exhibit 4.2 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSA…
Read attachment ↗ea030727801ex99-1.htm · 6-K · 2026-10-06
Exhibit 99.1 E-Power Inc. Announces Pricing of Approximately $1.87 Million Registered Direct Offering DOVER, USA, Sept. 29, 2026 (GLOBE NEWSWIRE) -- E-Power Inc. (the “Company” or “E-Power”) (NASDAQ: EPOW), a provider of AI Data Center (AIDC) microgrid solutions and advanced battery materials, today announced that it has entered into a securities purchase agreement with a certain non-U.S. investor to purchase approximately $1.87 million of its Class A ordinary shares (the “Ordinary Shares”) (a…
Read attachment ↗ea029973101ex99-1.htm · 6-K · 2026-08-12
Exhibit 99.1 E-POWER INC. NOTICE OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS NOTICE IS HEREBY GIVEN THAT the extraordinary general meeting (the “Meeting”) of the holders (the “shareholders”) of the Class A ordinary shares and Class B ordinary shares (collectively, the “Ordinary Shares”) of E-Power Inc. (the “Company”) will be held at 10:00 a.m. Eastern Time, on September 4, 2026, at Room 703, West Zone, R&D Building, Zibo Science and Technology Industrial Entrepreneurship Park, No. 69 Sa…
Read attachment ↗ea029973101ex99-2.htm · 6-K · 2026-08-12
Exhibit 99.2 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF E-POWER INC. FOR THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON SEPTEMBER 4, 2026 The undersigned shareholder of E-Power Inc., a Cayman Islands exempted company (the “Company”), hereby acknowledges receipt of the Notice of Extraordinary General Meeting of shareholders (the “Meeting”) and the Proxy Statement, each dated August 12, 2026, and hereby appoints ____________________________________ of ____…
Read attachment ↗ea029863601ex4-6.htm · F-3 · 2026-07-24
Exhibit 4.6 E-Power Inc. (the “Issuer”) AND [TRUSTEE] (the “Trustee”) INDENTURE Dated as of [●], 20[●] Senior Debt Securities TABLE OF CONTENTS Page ARTICLE 1 DEFINITIONS 1 Section 1.01 Definitions of Terms …
Read attachment ↗