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India

Highpower International Inc (HPJ.OQ)

HPJ.OQ on NASDAQ Stock Exchange Global Market

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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

BRIEF-Highpower International Files For Non-Timely 10 K With U.S. SEC

* HIGHPOWER INTERNATIONAL FILES FOR NON-TIMELY 10 K WITH U.S. SEC Source text : [https://bit.ly/2uGO5zW] Further company coverage: