Henry Ngan, CFO of Hong Kong Highpower Technology, Inc., Speaks With The Wall Street Transcript

Hong Kong Highpower Technology, Inc.

(NASDAQ: HPJ), a leading developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) rechargeable batteries and related products, announced today that The Wall Street Transcript has published an extensive interview with Henry Ngan, the Company's Chief Financial Officer. In the interview, Mr. Ngan provides an overview of Hong Kong Highpower Technology's product offerings, competitive advantages, and challenges and opportunities going forward.

Following is a brief excerpt from the interview:

TWST: What are your fastest growing markets geographically speaking?

Mr. Ngan: Given the world's financial crisis, we are seeing China emerging as the fastest out of the global recession. Once again, the market that we serve is quite large, so we see a lot of opportunities internationally.

TWST: Are there specific opportunities over the next year that you see?

Mr. Ngan: Once again, as the world's economy continues to improve, I suspect demand will continue to rise and with the additional business demands in existing as well as potential customers, it can really further drive our business.

TWST: Is the fact that your batteries are rechargeable also an advantage?

Mr. Ngan: Yes, certainly. If you look at this generation compared to the previous generation, we are more environmentally conscious, and as consumers become more environmentally conscious, people want to purchase something or do something that can really improve the quality of their lives and perhaps for the quality of their grandchildren's lives. With rechargeable batteries, we always have been a green enterprise. Rechargeable batteries bode well for the environment, which we think is important, and I think that's really the theme for us and for our consumers.

The full transcript of this interview is available by calling [phone] or by visiting The Wall Street Transcript Online.

About Hong Kong Highpower Technology, Inc. Hong Kong Highpower Technology develops, manufactures and markets rechargeable nickel metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products for use in a variety of electronic devices. The majority of Hong Kong Highpower Technology's products are distributed worldwide to markets in the United States, Europe, China, Hong Kong, Southeast Asia and Taiwan. For more information, visit www.haopengbattery.com.

To be added to the Company's email distribution for future news releases, please send your request to [e-mail]. Company news can also be found at http://ir.haopengbattery.com/en/introduce028.html.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products. Such statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results to differ materially from the results expressed or implied by such statements. For a discussion of these and other risks and uncertainties see "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's public filings with the SEC. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

Media and Investor Inquiries: Henry H. Ngan Chief Financial Officer [phone] Email Contact Financial Profiles, Inc. Tricia Ross [phone] Email Contact