HIGHPOWER INTERNATIONAL, INC. (NASDAQ:HPJ) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
On December 18, 2016, Highpower International, Inc. (the Company)
held its 2016 Annual Meeting of Stockholders (the Annual
Meeting). For more information about the proposals, see the
Companys Definitive Proxy Statement filed with the U.S.
Securities and Exchange Commission on November 1, 2016 (the Proxy
Statement), the relevant portions of which are incorporated
herein by reference.
At the Annual Meeting, stockholders representing 11,649,305
shares or 77.1% of the 15,113,096 shares of common
stockoutstanding on the record date of October 19, 2016, were
present in person or by proxy, constituting a quorum for the
purposes of theAnnual Meeting. The final voting results on each
of the matters submitted to a vote of stockholders were as
follows:
Proposal No. 1. Election of Directors. The
Company’s stockholders elected, by a plurality of the shares
present in person or represented by proxy at the Annual Meeting,
each of the five director nominees to the board of directors, to
serve until our 2017 annual meeting of stockholders or until his
respective successor has been elected, as follows:
| Director Nominee | Votes For | Votes Withheld | Broker Non-votes |
| Dan Yu Pan | 7,830,724 | 236,975 | 3,581,606 |
| Wen Liang Li | 7,836,524 | 231,175 | 3,581,606 |
| T. Joseph Fisher, III | 7,837,224 | 230,475 | 3,581,606 |
| Xin Hai Li | 7,836,524 | 231,175 | 3,581,606 |
| Ping Li | 7,836,524 | 231,175 | 3,581,606 |
Proposal No. 2. Advisory Vote on Named Executive Officer
Compensation. The Company’s stockholders approved, on
an advisory basis, the compensation of our name executive
officers by the affirmative vote of at least a majority vote of
stockholders as follows:
| For | Against | Abstain | Broker Non-votes |
| 7,882,573 | 156,582 | 28,544 | 3,581,606 |
Proposal No. 3. Ratification of Appointment of
Independent Auditors. The Company’s stockholders
ratified the appointment of Marcum Bernstein Pinchuk LLP as the
Company’s independent registered public accounting firm for the
fiscal year ending December 31, 2016, by the affirmative vote of
at least a majority of stockholders as follows:
| For | Against | Abstain | Broker Non-votes |
| 11,302,292 | 192,557 | 154,456 |
About HIGHPOWER INTERNATIONAL, INC. (NASDAQ:HPJ)
Highpower International, Inc., through its subsidiaries, is engaged in the manufacturing and marketing of nickel metal hydride rechargeable batteries (Ni-MH) and lithium batteries for both consumer and industrial applications. The Company operates through three segments: Lithium Batteries, Ni-MH Batteries and New Material. It has commenced over two production lines of Lithium-ion (Li-ion) and Lithium polymer rechargeable batteries for consumer applications, such as consumer electronic products, mobile devices and wireless communication products. It produces a line of batteries falling into two categories: Consumer Batteries, which are relative to ordinary nickel cadmium (Ni-Cad) rechargeable batteries, as well as their non-rechargeable counterparts, and Industrial Batteries, which are designed for electric bikes, power tools and electric toys. It produces A, AA and AAA sized batteries in blister packing, as well as chargers and battery packs. HIGHPOWER INTERNATIONAL, INC. (NASDAQ:HPJ) Recent Trading Information
HIGHPOWER INTERNATIONAL, INC. (NASDAQ:HPJ) closed its last trading session up +0.15 at 2.50 with 125,248 shares trading hands.
