# E-Power receives RMB 61.8M payment for completed phase of anode contract

E-Power Inc.'s subsidiary Shandong Sunrise completed the first phase of a turnkey contract with Shandong Fusion New Material for artificial graphite and silicon-carbon anode production lines, receiving RMB 61.8 million (US$9.2 million) in full payment. The total contract is valued at RMB 343 million (US$51.2 million).

- Type: Contract
- Announced: 2026-09-23
- Where: Laiwu District, Jinan, Shandong Province, China
- Value: $9.20M (61.8M CNY)
- Status: completed
- Capacity: 20,000 tons per year (artificial graphite anode line); 1,000 tons per year (silicon-carbon anode line)
- Products: artificial graphite anode, silicon-carbon anode
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [E-power](https://endata.com/companies/63175.md)
- [Shandong Sunrise Technology](https://endata.com/companies/94090.md)
- [Shandong Fusion New Material](https://endata.com/companies/94091.md) (customer)

## Sources

- [morningstar.com](https://www.morningstar.com/news/globe-newswire/9832474/e-power-receives-rmb-618-million-us92-million-in-full-payment-for-completed-phase-of-rmb-343-million-anode-contract), 2026-09-23: "The completion of this work represents the first component of the Contract, with the related services delivered and payment received in full."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.