HPJ...nickel-metal hydride (Ni-MH) and lithium-ion rechargeable batteries based in Shenzhen, China. HighPower's new state-of-the art automated battery manufacturing facility has come online just as lithium-ion battery demand is expected to explode.
Company has received funding of RMB3,860,000 (approximately $622,580) from Shenzhen Strategic Emerging Industry Development Specialty Funds, set up by the Development and Reform Commission of Shenzhen Municipality, to further develop the Company's production line for its in-house developed solar celled and off-grid home-use energy storage systems products. The funds will be used to purchase development and production equipment making such residential systems.
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