Hong Kong Highpower Technology Changes Corporate Name to Highpower International, Inc.
21 October 2010 - 10:00PM
Marketwired
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,
today announced the results of its 2010 Annual Meeting of
Stockholders held October 20, 2010 in Shenzhen, Guangdong Province,
People's Republic of China, including approving an amendment to the
certificate of incorporation to change the corporate name to
Highpower International, Inc. The Company's ticker symbol will
remain "HPJ."
"We believe the name Highpower International, Inc. better
reflects the global nature and initiatives of our company," said
George Pan, Chief Executive Officer of Highpower International,
Inc. "As we continue to expand our efforts to be a pre-eminent,
international battery player focused on clean energy technology and
solutions, we feel the corporate identity should evoke a more
global name and brand."
The Company's stockholders also approved two additional
proposals set forth in its proxy statement dated September 3, 2010.
The additional approved proposals were:
- The re-election of five members to the Company's Board of
Directors -- Dang Yu Pan, Xinhai Li, Wen Liang Li, Chao Li, and
Ping Li -- until the Company's Annual Meeting of Stockholders in
2011, or until their successors are elected and qualified;
- The ratification of Dominic K.F. Chan & Co., as the
Company's independent registered public accounting firm for the
fiscal year ending December 31, 2010.
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
Media and Investor Inquiries: Henry H. Ngan Chief Financial
Officer Email Contact +1-917-887-0614 Financial Profiles, Inc.
Tricia Ross +1-916-939-7285 Email Contact
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