Highpower International Appoints New CFO
January 03 2011 - 6:00AM
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,
announced today the appointment of Henry Sun as Chief Financial
Officer.
"We are pleased that Mr. Sun has joined our leadership team. He
brings to Highpower significant experience in accounting, finance,
operations, strategic planning, capital markets and investor
relations," said George Pan, Chief Executive Officer of Highpower
International, Inc. Mr. Sun said, "I am excited to join the
Highpower management team. The Company is well positioned to meet
increasing demand for clean energy solutions and has significant
growth opportunities ahead. I look forward to leading the finance
team to capitalize on them."
Prior to joining Highpower International, Mr. Sun was Chief
Financial Officer for Zoomlion Concrete Machinery Company, a $2
billion company with operations in China and Italy. At Zoomlion,
Mr. Sun was responsible for accounting and finance, strategic
planning, corporate finance, and investor relations. Previously, he
served as Finance Director at Yasheng Group USA, a publicly traded
Chinese company, where he managed finance and investor relations.
Mr. Sun is a graduate of Thunderbird, School of Global
Management.
Mr. Sun replaces Henry Ngan, who resigned to pursue other
opportunities. "I would like to thank Mr. Henry Ngan for his
dedication and valuable service to the Company and wish him the
best in his future endeavors," concluded Mr. Pan.
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
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, and
include discussions of strategy, and statements about industry
trends and the Company's future performance, operations and
products. 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 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.
Financial Profiles, Inc. Tricia Ross +1-916-939-7285 Email
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