Hong Kong Highpower Technology to Report Second Quarter 2010 Financial Results on August 12

Hong Kong Highpower Technology, Inc.

(NASDAQ: HPJ), a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products, today announced that it will release financial results for the second quarter ended June 30, 2010, on Thursday, August 12, 2010. The Company will host a conference call that day at 8:00 a.m. Pacific time/11:00 a.m. Eastern time to discuss those results and answer questions.

Individuals interested in participating in the conference call may do so by dialing 888-799-5026 from the U.S., or 973-409-9693 from outside the U.S., and referencing the reservation code 73021825. Those interested in listening to the conference call live via the Internet may do so by visiting the Investor Relations section of the Company's Web site at www.haopengbattery.com or www.InvestorCalendar.com.

A telephone replay will be available for 48 hours following the conclusion of the call by dialing 800-642-1687 from the U.S., or 706-645-9291 from outside the U.S., and entering reservation code 92195662. A webcast replay will be available for one year.

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

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