Sunrise New Energy Co., Ltd. announced that the local government has granted a license for an additional 50,000 metric tons annual production of graphite anode at its plant in Guizhou Province. This brings the total approved annual production at the plant to 100,000 metric tons. Due to the very strict carbon neutral policy implemented by the Chinese government, only manufacturing companies that adopt the latest in carbon and pollution remediation technologies can receive this priority approval from the government.