Annual report pursuant to Section 13 and 15(d)

Principal activities and organization

v3.7.0.1
Principal activities and organization
12 Months Ended
Dec. 31, 2016
Organization and basis of presentation [Abstract]  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
1.
Principal activities and organization
 
The consolidated financial statements include the financial statements of Highpower International, Inc. ("Highpower") and its 100%-owned subsidiary Hong Kong Highpower Technology Company Limited (“HKHTC”), HKHTC’s wholly-owned subsidiaries Shenzhen Highpower Technology Company Limited (“SZ Highpower”), and Icon Energy System Company Limited (“ICON”), SZ Highpower’s wholly owned subsidiary Huizhou Highpower Technology Company Limited (“HZ HTC”) and its 70%-owned subsidiary Ganzhou Highpower Technology Company Limited (“GZ Highpower”) and SZ Highpower’s and HKHTC’s jointly owned subsidiary, Springpower Technology (Shenzhen) Company Limited (“SZ Springpower”). Highpower and its direct and indirect wholly and majority owned subsidiaries are collectively referred to as the "Company".
 
Highpower was incorporated in the State of Delaware on January 3, 2006. HKHTC was incorporated in Hong Kong on July 4, 2003. All other subsidiaries are incorporated in the People’s Republic of China ("PRC").
 
Highpower Energy Technology (Huizhou) Company Limited ("HZ Highpower") which was formed by HKHTC in 2008, was dissolved in September 2015. The subsidiary did not commence operation since establishment.
 
The Company’s principal activities are described as follows:
 
 
 
Place and date
 
 
Name of company
 
incorporation
 
Principal activities
HKHTC
 
Hong Kong
 
Investment holding and marketing of batteries
 
 
July 4, 2003
 
 
 
 
 
 
 
SZ Highpower
 
PRC
 
Manufacturing, marketing and research of Ni-MH batteries
 
 
October 8, 2002
 
 
 
 
 
 
 
SZ Springpower
 
PRC
 
Manufacturing, marketing and research of lithium batteries
 
 
June 4, 2008
 
 
 
 
 
 
 
GZ Highpower
 
PRC
 
Processing, marketing and research of battery materials
 
 
September 21, 2010 
 
 
 
 
 
 
 
ICON
PRC
Design and production of advanced battery packs and systems
 
 
February 23, 2011 
 
 
 
 
 
 
 
HZ HTC
 
PRC
 
Manufacturing, marketing and research of lithium batteries
 
 
March 8, 2012