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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Highpower International, Inc. to HPJ Parent Limited is Fair to Shareholders

NEW YORK, July 10, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Highpower International, Inc. (“Highpower” or the “Company”) (HPJ) stock prior to June 28, 2019.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Highpower to HPJ Parent Limited, a limited liability company formed by a consortium of Highpower International executives and directors and Essence International Capital Limited (“HPJ Parent”). Under the terms of the deal, Highpower shareholders will receive $4.80 cash for every share of Highpower common stock owned. To learn more about the action and your rights, go to:

https://www.zlk.com/mna/highpower-international-inc

 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Highpower merger investigation concerns whether the Board of Highpower breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether HPJ Parent is underpaying for Highpower shares, thus unlawfully harming Highpower shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com