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Highpower International Inc (HPJ.OQ)

HPJ.OQ on NASDAQ Stock Exchange Global Market

3.75USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Highpower International Announces Signing Of USD $14.2 Mln Investment To Ganzhou Highpower
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Highpower International Inc ::HIGHPOWER INTERNATIONAL ANNOUNCES SIGNING OF USD $14.2 MILLION INVESTMENT TO GANZHOU HIGHPOWER.HIGHPOWER INTERNATIONAL INC- AFTER CAPITAL INCREASE, SHENZHEN HIGHPOWER TECHNOLOGY WILL HOLD 31 PERCENT OF GANZHOU HIGHPOWER'S EQUITY.  Full Article

Highpower International says Q3 earnings per share $0.32
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Highpower International Inc -:Highpower International reports unaudited third quarter, first nine months 2017 financial results.Q3 earnings per share $0.32.Q3 sales rose 31.9 percent to $71.4 million.Sees FY 2018 revenue up at least 20 percent.Sees Q4 2017 revenue up 12 percent.Highpower International Inc sees ‍full year 2018 gross margin levels to exceed that of Q4 of 2017​.Highpower International Inc - ‍expect raw material prices will continue to rise and impact gross margins in Q4 and foreseeable future​.Highpower International- ‍factoring in impact of higher expected raw material prices, gross margin is expected to be between 16.0% and 17.0% in Q4 ​.Highpower International - expect raw material prices will continue to rise and impact co's gross margins in Q4 & foreseeable future​.  Full Article

Unit of Highpower International enters into non-binding cooperation agreement with ACOC
Thursday, 1 Sep 2016 

Highpower International : Binding cooperation framework agreement with anshan co-operation co., ltd. . Acoc proposes to purchase newly issued shares of shenzhen highpower technology.,springpower technology, icon energy system . The framework agreement includes a 90 day exclusivity provision . Acoc proposes to purchase newly issued shares for rmb540 million, or approximately us $80.7 million . As a result of its purchase, acoc would hold more than 50% in each prc subsidiary .Terms of framework agreement supersedes non-binding proposal from acoc received by unit in november 2015.  Full Article

Highpower International enters into equity purchase agreement
Friday, 12 Aug 2016 

Highpower International Inc : Highpower international enters into equity purchase agreement . Will invest rmb114.75 million (approximately $17.3 million) into huizhou yipeng for a 50% equity interest . To fund equity purchase with cash on hand, expected future cash flow, avout $2 million in borrowings under credit arrangements .Subsidiary entered into an agreement to acquire up to 50 percent equity interest in huizhou yipeng energy technology co.  Full Article

Highpower International Q2 non-gaap EPS $0.15
Friday, 12 Aug 2016 

Highpower International Inc : Highpower international reports financial results for the second quarter and six months ended june 30, 2016 . Q2 earnings per share $0.14 . Q2 non-gaap earnings per share $0.15 .Q2 sales $36.7 million versus $38.6 million.  Full Article

Highpower says Sunny Pan appointed interim CFO
Tuesday, 9 Aug 2016 

Highpower International Inc : Highpower international announces chief financial officer transition . Sun will continue to serve highpower through its transition period and continue to advise on company's corporate and financial strategy . Says Sunny Pan appointed interim cfo . Henry sun, company's chief financial officer, has tendered his resignation effective august 3, 2016 .Have begun to search for a permanent replacement for chief financial officer position.  Full Article

Highpower International Q1 loss per share $0.02
Thursday, 12 May 2016 

Highpower International Inc : Highpower International reports financial results for the first quarter ended march 31, 2016 . Q1 non-gaap loss per share $0.02 . Q1 loss per share $0.02 .Q1 sales $29.1 million versus $32.1 million.  Full Article

BRIEF-Highpower International Announces Signing Of USD $14.2 Mln Investment To Ganzhou Highpower

* HIGHPOWER INTERNATIONAL ANNOUNCES SIGNING OF USD $14.2 MILLION INVESTMENT TO GANZHOU HIGHPOWER