SAN DIEGO and SHENZHEN, China, March
6, 2018 /PRNewswire/ -- Highpower International, Inc.
(NASDAQ: HPJ) ("Highpower" 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, announced today that the Company
will participate in the 30th Annual ROTH Conference from
March 11-13, 2018, at the Ritz
Carlton, Laguna Niguel in
Orange County, CA.
Management will present on March
13th and hold one-on-one meetings with investors throughout
the conference. Attendance at the event is by invitation only.
Interested investors should contact your ROTH sales representative
to secure a meeting time.
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 proposed
transaction regarding Ganzhou Highpower, approval by Highpower's
board and Highpower's resulting equity ownership, Highpower's cash
position and growth, production capacity, research and development
efforts, strategic partnerships and business and financial
expectations. 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, the occurrence of any
event, change or other circumstances that could give rise to the
terms of the proposed Ganzhou Highpower not hereafter being
approved by Highpower's board or memorialized in a definitive
agreement; 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; lower than expected sales of batteries to producers of
smart vacuum 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 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: rose.zu@icrinc.com
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SOURCE Highpower International, Inc.