E-Power Inc. ("E-Power", the "Company", "we" or "our") (NASDAQ:EPOW), a global provider of advanced energy materials, announced today that it has successfully secured a long-term anode material supply contract from a Global Top-5 lithium-ion Battery (including Energy Storage and Power Battery) Technology Leader (the "Partner"). Additionally, both parties have reached a strategic intent to co-invest in a 30,000-tonne annual capacity lithium-ion battery anode material facility in Indonesia.

The Partner consistently ranks among the global top five in energy storage battery and power battery shipments and operates a massive global manufacturing network. Its stringent supplier qualification process is a benchmark for the industry. E-Power's selection in this high-stakes bidding process underscores the company's competitive cost structure and robust product reliability.

Strategic Global Synergy Expanding beyond a standard supply relationship, the proposed 30,000-tonne facility in Indonesia marks a significant step in localized global production. This project aims to leverage regional resource advantages and align with the Partner's global footprint, ensuring a resilient, low-carbon, and cost-efficient supply chain for world-class automotive and energy customers.

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