SAN DIEGO and SHENZHEN, China, Dec.
28, 2017 /PRNewswire/ -- Highpower International, Inc.
(NASDAQ: HPJ) ("Highpower International" or the "Company"), a
developer, manufacturer, and marketer of lithium ion and
nickel-metal hydride (Ni-MH) rechargeable batteries, battery
management systems, and a provider of battery recycling, today
announced that it will attend the 2018 International Consumer
Electronics Show (CES) in Las
Vegas on January 9-12, 2018,
to showcase its advanced rechargeable battery products for
notebooks, smart phones, wearable devices, smart house appliances,
portable power stations, and other digital products.
Mr. George Pan, Chairman and
Chief Executive Officer of Highpower International, commented, "We
are excited to present our lineup of industry-leading rechargeable
batteries at CES, the perfect stage to showcase the strong growth
trends of our products. As we enter 2018, our rechargeable battery
business will continue to benefit from the strong growth trends for
smart and mobile devices, energy storage systems, and EV. We are
well positioned to capture additional market share with our strong
competitiveness in the international market, which is supported by
qualities including our extended experience in operating our
advanced automatic production line. We would like to invite our
valued customers, suppliers, business partners, and investors to
visit the Highpower booth and speak to our management, sales and
marketing, and R&D teams during CES."
CES Event Details:
Exhibit Dates: January 9 - 12, 2018
Location: Las Vegas Convention Center
Highpower Booth No: LVCC, South Hall 4 - 36153
About CES 2018:
CES is owned and produced by the Consumer Technology
Association (CTA)™ -- the technology trade association
representing the $292 billion U.S.
consumer technology industry. CES has been held for 50 years since
1957 in every January in Las
Vegas, Nevada. CES is the world's gathering place for
all who thrive on the business of consumer technologies. As the
largest hands-on event of its kind, CES features all aspects of the
industry including: bluetooth products, earphones, speakers,
E-books, lightings instruments, telecommunications products and
equipments, vehicle technology and other various breakthrough
technologies and products. CES 2017 showcased 4,015 exhibiting
companies, and more than 109,498 attendees, 7000
media from 150 countries.
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. Such forward-looking statements include the
anticipated benefits of the equity transaction with Xiamen Tungsten
for both Ganzhou Highpower and Highpower International. 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, including, without
limitation, inability to sufficiently scale our battery recycling
business; unforeseen factors that prevent us from obtaining the
anticipated benefits from the Xiamen Tungsten investment in Ganzhou
Highpower inability to successfully expand our production capacity;
fluctuations in the cost of raw materials; our dependence on, or
inability to attract additional, major customers for a significant
portion of our net sales; our ability to increase manufacturing
capabilities to satisfy orders from new customers; our ability to
maintain increased margins; our dependence on the growth in demand
for smart wearable devices and energy storage systems, and other
digital products and the success of manufacturers of the end
applications that use our battery products; our responsiveness to
competitive market conditions; our ability to successfully
manufacture our products in the time frame and amounts expected;
the market acceptance of our battery solutions, including our
lithium ion batteries; and our ability to continue and improve
R&D development to keep up with technological changes. 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:
Highpower International, Inc.
Sunny Pan
Chief Financial Officer
Tel: +86-755-8968-6521
Email: ir@highpowertech.com
Yuanmei Ma
Investor Relations Manager
Tel: +1-909-214-2482
Email: yuanmei@highpowertech.com
ICR, Inc.
Rose Zu
Tel: +1-646-931-0303
Email: ir@highpowertech.com
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SOURCE Highpower International, Inc.