SOURCE: Highpower International, Inc.

Highpower International, Inc.

November 10, 2011 16:01 ET

Highpower International, Inc. to Hold Annual Shareholder Meeting

Analysts & Institutional Investors Invited to Tour Headquarters Following Annual Meeting

NEW YORK, NY and SHENZHEN, CHINA--(Marketwire - Nov 10, 2011) - Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium batteries and related products, today announced that it will hold its Annual Shareholder Meeting on November 22, 2011 at 10:00 a.m. China Standard Time. The meeting will be held at Highpower's headquarters, which are located at Building A1, Luoshan Industrial Zone, Shanxia, Pinghu, Longgang, Shenzhen, Guangdong, 518111, People's Republic of China.

At the meeting, the following proposals will be submitted for shareholder approval, as fully described in the proxy statement filed with the Securities and Exchange Commission and distributed to shareholders on October 28, 2011.

  • The election of five directors to the Board of Directors; and
  • Ratifying the appointment of Marcum Bernstein & Pinchuk LLP as the Company's independent registered public accounting firm for the year ending December 31, 2011.

Shareholders of record as of October 14, 2011 will be eligible to vote at the Annual Meeting.

Following the conclusion of the Annual Meeting, management is inviting securities analysts and institutional investors to tour Highpower's headquarters and meet with senior management. Analysts and investors interested in attending are requested to RSVP to Tricia Ross at tross@finprofiles.com or 916-939-7285, at Financial Profiles, the Company's investor relations firm of record or Vickie Hawes, Corporate Communications Manager at Highpower at IR@highpowertech.com. Registration for the tour is required.

About Highpower International, Inc.

Highpower International, Inc. develops, manufactures and markets powerful, efficient, and environmental rechargeable nickel-metal hydride (Ni-MH) and lithium batteries and related products for use in a variety of devices and equipment including wireless communications, electronics, lighting, backup power, electric tools, and transportation, etc. Highpower International's products are distributed worldwide to markets in the Americas, Europe, China, and Southeast Asia. For more information, visit http://www.highpowertech.com

To be added to the Company's email distribution for future news releases, please send your request to HPJ@finprofiles.com. Company news can also be found at http://www.highpowertech.com/InvestorNews.aspx?type=FinancialRelease

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products. Such statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results to differ materially from the results expressed or implied by such statements. For a discussion of these and other risks and uncertainties see "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's public filings with the SEC. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

Contact Information

  • Highpower International, Inc.
    Vickie Hawes
    Corporate Communications Manager
    Email Contact

    Financial Profiles, Inc.
    Tricia Ross
    +1-916-939-7285
    Email Contact