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Highpower International Inc (HPJ.OQ)

HPJ.OQ on NASDAQ Stock Exchange Global Market

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23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Highpower International announces preliminary unaudited 2016 fourth quarter
Tuesday, 7 Mar 2017 08:00am EST 

Highpower International Inc : Highpower International announces preliminary unaudited 2016 fourth quarter and year end financial results highlighted by significantly improved revenues and net income . Highpower International Inc - for q4 of 2016, expects revenue to be approximately $53.9 million, which represents a 42.3% increase from prior year period . Highpower International Inc - for Q4 of 2016, expects gross profit to be about $10.9 million, which represents a 64.8% increase from prior year period .Highpower International Inc - for Q4 of 2016, company expects net income attributable to company be approximately $1.8 million.  Full Article

Unit of Highpower International enters into non-binding cooperation agreement with ACOC
Thursday, 1 Sep 2016 11:05am EDT 

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 07:01am EDT 

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 07:00am EDT 

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 04:05pm EDT 

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 08:50am EDT 

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

Highpower International Inc reaffirms FY 2015 guidance
Monday, 10 Aug 2015 08:00am EDT 

Highpower International Inc:Says that it is reaffirming FY 2015 guidance of revenues to be between $160 million to $170 million.Sees FY 2015 non-GAAP net income of between $5.0 million and $6.0 million.Sees FY 2015 net income of between $4.0 million and $5.0 million.  Full Article

Highpower International Inc reaffirms FY 2015 guidance
Friday, 8 May 2015 08:00am EDT 

Highpower International Inc:Says that it is reaffirming FY 2015 guidance of revenues to be between $160 million to $170 million.Sees FY 2015 non-GAAP net income of between $5.0 million and $6.0 million.Sees FY 2015 net income of between $4.0 million and $5.0 million.  Full Article

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BRIEF-Highpower International announces preliminary unaudited 2016 fourth quarter

* Highpower International announces preliminary unaudited 2016 fourth quarter and year end financial results highlighted by significantly improved revenues and net income