Highpower International, Inc. announced that on June 12, 2017, the position of Wen Liang Li was changed from Vice President and Chief Technology Officer to Senior New Energy Scientist, and the position of Wen Wei Ma was changed from Vice President of Manufacturing to Senior Manufacturing Equipment Specialist. Leo (Xing Qun) Liao was appointed as Chief Technology Officer of Highpower, effective immediately. Mr. Liao has served as an engineer, R&D Manager, Chief Engineer and Deputy General Manager of Shenzhen Highpower since he joined Highpower in 2003, and most recently, he served as the Head of the Company's Research institute and Shenzhen Highpower's General Manager. Following the change, Wen Liang Li and Wen Wei Ma will not take any management responsibilities. Wen Liang Li will remain as a member of the technology team and remain as a board member of the Company. He will work as a Senior New Energy Scientist to provide guidance and support on the technology front and participate in major R&D projects. In addition, Wen Wei Ma, who was mainly in charge of equipment department in the past, will serve as a Senior Manufacturing Equipment Specialist.