SAN FRANCISCO, USA and SHENZHEN,
CHINA, Feb. 15, 2017
/PRNewswire/ -- Highpower International, Inc. (NASDAQ:
HPJ), a developer, manufacturer, and marketer of
lithium and nickel-metal hydride (Ni-MH) rechargeable batteries,
battery management systems, and a provider of battery recycling,
announced today that it has appointed Mr. Sunny Pan as the Chief Financial Officer (the
"CFO"), effective February 12,
2017. Mr. Pan has served as the Company's Interim Chief
Financial Officer since August
2016.
Mr. Sunny Pan has over 20 years'
experience in Finance & IT management positions in several
multi-national companies, and has worked with Highpower since
January 2015 as Financial Controller
and has served as General Manager of Huizhou Highpower Technology
Co., Ltd. since January 2016.
Prior to his position at Highpower, Mr. Sunny Pan served as Financial Controller for
Philips Luminaire Manufacturing (Shenzhen) Co., Ltd. He has ACCA (UK) and CICPA
(China) qualifications, and has
extensive experience in OX IFRS / China GAAP / US GAAP. He holds a
Bachelor's Degree from Shanxi Financial and Economical Institution
and MBA from New York Institution of Technology (NYIT). Mr.
Sunny Pan has no relation to
Chairman George Pan at
Highpower.
Mr. George Pan, Highpower's
Chairman and Chief Executive Officer, stated, "We are pleased to
officially appoint Sunny as CFO. He has handled the role
exceptionally since his appointment as Interim CFO last year, which
provided Highpower with a seamless executive management
transition. Sunny's intimate knowledge of our operations and
strong financial acumen are a valuable resource for the
Company. He has continued to build out a strong financial and
accounting team and we will rely on his professional leadership to
guide Highpower while we expand and grow our market position as a
leading battery manufacturer."
Mr. Sunny Pan stated, "It is
incredibly rewarding to work with a company that has not only been
successful, but also has the potential for significant growth for
many years to come. I feel privileged to have the opportunity
to serve Highpower's customers, employees, and
shareholders."
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, etc. Highpower's target customers are Fortune 500
companies and top 20 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. 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 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:
Highpower International, Inc.
Sunny Pan
Chief Financial Officer
+86-755-8968-6521
ir@highpowertech.com
INVESTOR RELATIONS:
The Equity Group Inc.
In China
Katherine Yao, Senior Associate
+86-10-6587-6435
kyao@equityny.com
In U.S.
Adam Prior, Senior Vice
President
+1 (212) 836-9606
aprior@equityny.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/highpower-international-appointment-of-mr-sunny-pan-as-chief-financial-officer-mr-pan-has-served-as-interim-cfo-since-august-2016-300407786.html
SOURCE Highpower International, Inc.