SAN FRANCISCO, CA and SHENZHEN, CHINA — (Marketwired) — 11/11/13 — . (NASDAQ: HPJ), a developer, manufacturer, and marketer of nickel-metal hydride (Ni-MH) and lithium rechargeable batteries and battery solutions, announced today it hosted the 2013 Annual Conference for the Hydrogen Storage Material Branch of the Association of China Rare Earth Industry (ACREI). The Conference was held in Huizhou, Guangdong Province on November 1-2, 2013 and had more than 60 global industry representatives in attendance.
The theme of this year-s Conference focused on the development of China-s clean battery energy industry. Discussions at the Conference centered on key technologies to utilize rare earth and hydrogen storage materials for advanced battery applications such as energy storage systems and electrical vehicles as well as how to best integrate industry resources. Following the Conference, attendees visited Highpower-s industrial park in Huizhou.
“We are pleased to have hosted this ACREI branch conference as we continue to play an increasingly larger leadership role as our industry footprint grows,” said George Pan, CEO of Highpower International. “Energy storage and electric vehicles are two key emerging markets for Highpower-s battery applications so it was very beneficial to have collaborative discussions with ACREI members on these topics as we continue to expand our product offerings in this space.”
The Association of China Rare Earth Industry (ACREI), a non-profit organization, was founded in 2012. The major mission of ACREI is to promote international cooperation and make contributions to the health and sustainable development of China-s rare earth industry. Members include all types of businesses associated with China-s rare earth industry, including mining, smelting, separation, and application, among others.
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 mobile devices, computer tablets, electric bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting, etc. With over 3,000 employees and advanced manufacturing facilities located in Shenzhen and Huizhou 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.
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
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