SAN FRANCISCO and SHENZHEN, China, July 9, 2015 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ), ("Highpower," or the "Company") a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced that it will sponsor and be featured at the Third Xueqiu Investment Carnival to be held in Beijing, on July 11th.
Xueqiu, also known as Snowball Finance, is one of the most popular online financial community with over 5 million registered users consists of mainly Chinese investors around the world. Xueqiu also provides comprehensive financial contents and services to its users, and has attracted a large number of professionals in the financial sector to contribute financial analysis reports. The Xueqiu Annual Carnival is their largest event of the year, and it is estimated over 2,500 investors will be present. For more information regarding Xueqiu, please visit: www.xueqiu.com.
"Xueqiu attracts millions of Chinese investors globally, both individual and institutional. It is an ideal platform for a global company like Highpower, listed on Nasdaq and with headquarters and main operations in China. Recently, China's financial market has been experiencing exceptional volatilities, which also affected Highpower's stock price. We would like to take this opportunity to make Highpower better known to more Chinese value investors around the world." commented Mr. Henry Sun, Chief Financial Officer of Highpower International.
About Highpower International, Inc.
Highpower International was founded in 2001 and produces high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based rechargeable batteries used in a wide range of applications such as electric buses, bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting. Highpower's target customers are Fortune 500 companies, and top 10 companies in each vertical segment. With advanced manufacturing facilities located in Shenzhen, Huizhou, and Ganzhou of China, Highpower is committed to clean technology, not only in the products it makes, but also in the processes of production. The majority of Highpower International's products are distributed to worldwide markets mainly in the United States, Europe, China and Southeast Asia.
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 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, including, our ability to successfully expand sales of our lithium battery product in the mobile device market and our ability to effectively compete in that market. 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.
Highpower International, Inc.
The Equity Group Inc.
Katherine Yao, Associate
Adam Prior, Senior Vice President
SOURCE Highpower International, Inc.