NEW YORK, NY and SHENZHEN, CHINA--(Marketwire - Oct 6, 2011) - Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium batteries and related products, today announced that it has engaged Marcum Bernstein & Pinchuk (MarcumBP) as the Company's new independent registered public accounting firm replacing Highpower International's previous independent auditor, Dominic K.F. Chan & Co.
The change in the independent registered public accounting firm is effective as of September 30, 2011. There were no disagreements between Highpower International and Dominic K.F. Chan & Co. on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures.
"We believe MarcumBP has the strong local resources and auditing expertise required to ensure that our financial reports continue to be prepared with the highest level of accuracy and integrity, and they possess the scale required to accommodate our auditing needs as we continue to mature as a larger public company," said Mr. George Pan, Chairman & CEO of Highpower International. "At Highpower, we are committed to providing our shareholders with the highest level of transparency, financial reporting standards, and corporate governance."
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