[Highpower International, Inc. Reports First Quarter 2012 Financial Results New York, USA & Shenzhen, China – May 11, 2012 – Highpower International, Inc. (NasdaqGM: HPJ) , a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and First Quarter 2012 Highlights · Breakeven EPS for the first quarter of 2012 · Sustained growth in lithium battery segment – lithium battery net] []
[] [Independent Registered Public Accounting Firm’s Consent We consent to the incorporation by reference in the Registration Statement of Highpower International, Inc. and subsidiaries (the “Company”) on Form S-8 (File No.333-157443) and the Registration Statement on Form S-3 (File No. 333-168473) of our report dated March 30, 2012, with respect to our audit of the consolidated financial statements of the Company] [I, Dang Yu Pan, certify that: 1. I have reviewed this annual report on Form 10-K/A of Highpower International, Inc.; and 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [I, Henry Sun, certify that: 1. I have reviewed this annual report on Form 10-K/A of Highpower International, Inc.; and 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were]
[] [Independent Registered Public Accounting Firm’s Consent We consent to the incorporation by reference in the Registration Statement of Highpower International, Inc. and subsidiaries (the “Company”) on Form S-8 (File No.333-157443) and the Registration Statement on Form S-3 (File No. 333-168473) of our report dated March 30, 2012, with respect to our audit of the consolidated financial statements of the Company] [I, Dang Yu Pan, certify that: 1. I have reviewed this annual report on Form 10-K/A of Highpower International, Inc.; and 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [I, Henry Sun, certify that: 1. I have reviewed this annual report on Form 10-K/A of Highpower International, Inc.; and 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were]
[Explanatory Note TABLE OF CONTENTS HIGHPOWER INTERNATIONAL, INC. TABLE OF CONTENTS TO ANNUAL REPORT ON FORM 10-K For the Fiscal Year Ended December 31, 2011 PART I ITEM 1. BUSINESS 1 ITEM 1A. RISK FACTORS 12 ITEM 1B. UNRESOLVED STAFF COMMENTS 31 ITEM 2. PROPERTIES] [I, Dang Yu Pan, certify that: 1. I have reviewed this annual report on Form 10-K/A of Highpower International, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [I, Henry Sun, certify that: 1. I have reviewed this annual report on Form 10-K/A of Highpower International, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made,] [(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dang Yu Pan Chairman of the Board and Chief Executive Officer April 9, 2012 Henry Sun Chief Financial Officer (Principal Financial and Accounting Officer) April 9, 2012]
[TABLE OF CONTENTS HIGHPOWER INTERNATIONAL, INC. TABLE OF CONTENTS TO ANNUAL REPORT ON FORM 10-K For the Fiscal Year Ended December 31, 2011 PART I ITEM 1. BUSINESS 1 ITEM 1A. RISK FACTORS 12 ITEM 1B. UNRESOLVED STAFF COMMENTS 31 ITEM 2. PROPERTIES 31 ITEM 3. LEGAL PROCEEDINGS 32 ITEM 4. MINE SAFETY DISCLOSURES 32 PART II 33 ITEM 5.] [Comprehensive line of credit contract Contract No: shenfaxinzhou20111208001 Party A: SHENZHEN DEVELOPMENT BANK CO., LTD. Shenzhen Xinzhou Sub-branch Add: Zhongchengtianyi Building, Xinzhou Road, Futian District, Shenzhen, Guangdong, China Tel: 23480048 Fax: 23480054 Head: Nannan Fu Position: President Party B: SHENZHEN HIGHPOWER TECHNOLOGY CO., LTD. Add: Building A2, Luoshan Industrial Zone, Shanxia, Pinghu, Shenzhen, Guangdong, China Tel: 26300469 Fax: 89686819 Legal] [The Maximum Amount Guarantee Contract Contract No.: 201112080012-1 Party A st Add: 1 Tel: 23480048 Fax: 23480054 Head: Nannan Fu Position: President Party B : Type of certificate Shenzhen Highpower CO., LTD In order to perform the contract (hereinafter referred to as the principal contract) between Party A and Article 1 201112080012-1 RMB ONE HUNDRED MILLION ONLY (RMB 100,000,000.00) Under] [The Maximum Amount Guarantee Contract Contract No.: 20111208001-2 Party A: Shenzhen Development Bank Co., Ltd. Shenzhen Xinzhou Sub-Branch st Add: 1 Tel: 23480048 Fax: 23480054 Head: Nannan Fu Position: President Party B (guarantor): Springpower Technology (Shenzhen) Co., Ltd Add: Building A2, Luoshan Industrial Zone, Shanxia, Pinghu, Shenzhen, Guangdong, China Tel: 89686236 Fax: 89686819 Legal Representative: Dangyu Pan Zip code: 518111] [Consent of Independent Registered Public Accounting Firm Permitting Highpower International, Inc. to Use and Attach our Audit Report in any filings required by the SEC We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (File No. 333-157443) and the Registration Statement on Form S-3 (File No. 333-168473) of Highpower International, Inc. of our report]
[TABLE OF CONTENTS HIGHPOWER INTERNATIONAL, INC. TABLE OF CONTENTS TO ANNUAL REPORT ON FORM 10-K For the Fiscal Year Ended December 31, 2011 PART I ITEM 1. BUSINESS 1 ITEM 1A. RISK FACTORS 12 ITEM 1B. UNRESOLVED STAFF COMMENTS 31 ITEM 2. PROPERTIES 31 ITEM 3. LEGAL PROCEEDINGS 32 ITEM 4. MINE SAFETY DISCLOSURES 32 PART II 33 ITEM 5.] [Comprehensive line of credit contract Contract No: shenfaxinzhou20111208001 Party A: SHENZHEN DEVELOPMENT BANK CO., LTD. Shenzhen Xinzhou Sub-branch Add: Zhongchengtianyi Building, Xinzhou Road, Futian District, Shenzhen, Guangdong, China Tel: 23480048 Fax: 23480054 Head: Nannan Fu Position: President Party B: SHENZHEN HIGHPOWER TECHNOLOGY CO., LTD. Add: Building A2, Luoshan Industrial Zone, Shanxia, Pinghu, Shenzhen, Guangdong, China Tel: 26300469 Fax: 89686819 Legal] [The Maximum Amount Guarantee Contract Contract No.: 201112080012-1 Party A st Add: 1 Tel: 23480048 Fax: 23480054 Head: Nannan Fu Position: President Party B : Type of certificate Shenzhen Highpower CO., LTD In order to perform the contract (hereinafter referred to as the principal contract) between Party A and Article 1 201112080012-1 RMB ONE HUNDRED MILLION ONLY (RMB 100,000,000.00) Under] [The Maximum Amount Guarantee Contract Contract No.: 20111208001-2 Party A: Shenzhen Development Bank Co., Ltd. Shenzhen Xinzhou Sub-Branch st Add: 1 Tel: 23480048 Fax: 23480054 Head: Nannan Fu Position: President Party B (guarantor): Springpower Technology (Shenzhen) Co., Ltd Add: Building A2, Luoshan Industrial Zone, Shanxia, Pinghu, Shenzhen, Guangdong, China Tel: 89686236 Fax: 89686819 Legal Representative: Dangyu Pan Zip code: 518111] [Consent of Independent Registered Public Accounting Firm Permitting Highpower International, Inc. to Use and Attach our Audit Report in any filings required by the SEC We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (File No. 333-157443) and the Registration Statement on Form S-3 (File No. 333-168473) of Highpower International, Inc. of our report]
[Highpower International, Inc. Reports Fourth Quarter and Full Year 2011 Financial Results New York, USA & Shenzhen, China – March 26, 2012 – Highpower International, Inc. (NasdaqGM: HPJ) , a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and Fiscal Year 2011 Highlights · Net sales of $110.6 million for fiscal year 2011, an increase of 6% over fiscal year] []
[Dang Yu Pan 2. Check the Appropriate Box if a Member of a Group (See Instructions) q q (A) 3. SEC Use Only 4. Source of Funds (See Instructions) OO q 6. Citizenship or Place of Organization: People’s Republic of China Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 2,932,073 (1) 8. Shared Voting]
[Dang Yu Pan 2. Check the Appropriate Box if a Member of a Group (See Instructions) q q (A) 3. SEC Use Only 4. Source of Funds (See Instructions) OO q 6. Citizenship or Place of Organization: People’s Republic of China Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 2,932,073 (1) 8. Shared Voting]
[(86) 755-89686238 (Former name or former address, if changed since last report.) ¨ ¨ ¨ ¨ Item 5.07 Submission of Matters to a Vote of Security Holders. At the Annual Meeting, stockholders representing 11,229,913 shares, or 82.68%, of the 13,582,106 shares of common stock outstanding on the record date of October 14, 2011 were present in person or by proxy,]
