Highpower International Announces Chief Financial Officer Transition

Highpower International, Inc. a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, has announced that Henry Sun, the company's Chief Financial Officer, has tendered his resignation effective August 3, 2016, to pursue other interests.

Sun will continue to serve Highpower through its transition period and continue to advise on the Company's corporate and financial strategy. Sunny Pan, Highpower's Financial Controller and General Manager of Huizhou Highpower Technology Co. Ltd., will assume the role of interim CFO.

Pan has over 20 years' experience in Finance & IT management positions in several multi-national companies, and has worked with Highpower since January 2015 as Financial Controller and General Manager of Huizhou Highpower Technology Co. Ltd., since January 2016.

Prior to his position at Highpower, Pan served as Financial Controller for Philips Luminaire Manufacturing (Shenzhen) Co., Ltd. He has ACCA (UK) and CICPA (China) qualifications, and has extensive experience in OX IFRS / China GAAP / US GAAP. He holds a Bachelor's Degree and MBA from New York Institution of Technology (NYIT).

Pan has no relation to Chairman George Pan at Highpower.

The company also announced that it has appointed Yuanmei Ma as Investor Relations Manager.

Ma, who is based in California, US, has over a decade of experience in a variety of capital market positions for publicly-held companies. This includes serving as Chief Financial Officer for three separate public and private companies based in China from 2005 - 2013 in the steel, pharmaceutical, and food processing industries.

Most recently she served as a Partner for Shangdong Runwo Investment and Asset Management Company, LLC, a Beijing-based asset management company.

Ma has a BS in Accounting from Arkansas State University and Executive MBAs from INSEAD Business School in Fontainebleau, France and Tsinghua University in Beijing, China.

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