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Highpower International, Inc. Message Board

  • jefroman1964 jefroman1964 Apr 1, 2014 3:07 PM Flag

    From the CEO ""STRONG BUY"

    Chairman and CEO George Pan commented on the results:

    We are excited to end the year on such an exceptional note having once again achieved record revenues in our lithium battery segment and overall record revenues for HighPower. Our lithium battery business, including the increased capacity from our newly opened facility in Huizhou, and our recently announced first major order in the electrical vehicle market, gives us tremendous momentum and increased brand recognition, positioning us well for a strong 2014.

    He went on to point out that growth in several key end markets - mobile and portable devices, and electric vehicles - show no signs of slowing.

    Henry Sun, HighPower's CFO, said the company delivered strong revenue growth, healthy gross margins, improved management efficiencies, and profitability for full-year 2013. And he believes these trends will continue:

5.07+0.03(+0.60%)Mar 5 4:00 PMEST

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