NetworkNewsBreaks – Highpower International, Inc. (NASDAQ: HPJ) Secures Two New Strategic Partnerships

Highpower International (NASDAQ: HPJ) shares climbed 4% on news this morning that the company has reached two strategic partnership agreements in the U.S. and Europe with leading appliance brands to supply power solutions for high-end smart vacuum robots. The agreements are expected to provide Highpower with top-line revenues of $4 million in 2017. Additionally, the company has been involved in designing power solutions for three new models of smart vacuums that are expected to be launched in 2018, providing Highpower with anticipated top-line revenues of $15 million. “Highpower pays close attention to the end user as well as developing trends and work jointly with our industry-leading clients to provide quality products and services. These two partnerships will further strengthen our market share in smart home application and Highpower will continue to supply convenience and style to our consumers,” Highpower International chairman and CEO George Pan stated in the news release.

To view the full press release, visit: http://nnw.fm/Pu58N

About Highpower International, Inc.

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 electric buses, bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting, etc. Highpower’s target customers are Fortune 500 companies and top 20 companies in each vertical segment. With advanced manufacturing facilities located in Shenzhen, Huizhou, and Ganzhou 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. For more information, visit www.highpowertech.com.

About NetworkNewsBreaks

NetworkNewsBreaks (NNB) provide a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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