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| 8-K - Highpower International, Inc. | v207618_8k.htm |
FOR
IMMEDIATE RELEASE
Highpower International Appoints New
CFO
New York, NY and Shenzhen, China – January 3, 2011 – Highpower International, Inc.
(Nasdaq: HPJ), a developer, manufacturer
and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries
and related products, announced today the appointment of Henry Sun as Chief
Financial Officer.
“We are
pleased that Mr. Sun has joined our leadership team. He brings to Highpower
significant experience in accounting, finance, operations, strategic planning,
capital markets and investor relations,” said George Pan, Chief Executive
Officer of Highpower International, Inc.
Mr. Sun
said, “I am excited to join the Highpower management team. The Company is well
positioned to meet increasing demand for clean energy solutions and has
significant growth opportunities ahead. I look forward to leading the
finance team to capitalize on them.”
Prior to
joining Highpower International, Mr. Sun was Chief Financial Officer for
Zoomlion Concrete Machinery Company, a $2 billion company with operations in
China and Italy. At Zoomlion, Mr. Sun was responsible for accounting
and finance, strategic planning, corporate finance, and investor
relations. Previously, he served as Finance Director at Yasheng Group
USA, a publicly traded Chinese company, where he managed finance and investor
relations. Mr. Sun is a graduate of Thunderbird, School of Global
Management.
Mr. Sun
replaces Henry Ngan, who resigned to pursue other opportunities. “I would like
to thank Mr. Henry Ngan for his dedication and valuable service to the Company
and wish him the best in his future endeavors," concluded Mr. Pan.
About
Highpower International, Inc.
Highpower
International, Inc. develops, manufactures and markets rechargeable nickel metal
hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products for use
in a variety of electronic devices. The majority of Highpower International’s
products are distributed worldwide to markets in the United States, Europe,
China, Hong Kong, Southeast Asia and Taiwan. For more information, visit http://www.haopengbattery.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://ir.haopengbattery.com/en/introduce028.html
Highpower
International, Inc.
Page
2 of 2
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.
Financial
Profiles, Inc.
Tricia
Ross
+1-916-939-7285
HPJ@finprofiles.com
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