HPJ Hong Kong Highpower Technology, Inc.

Hong Kong Highpower Technology, Inc. (NYSE Amex: HPJ), a leading developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) rechargeable batteries and related products, today announced that it ranked as the second largest net exporter of Ni-MH batteries in China during the first six months of 2009, according to a report issued by the China Industrial Association of Power Sources. This represents an improvement over the same period in 2008, when Hong Kong Highpower Technology ranked third on the list of net exporters.

"Our advancement to the second largest net exporter of Ni-MH batteries in China reflects our successful efforts to increase market share," said George Pan, Chairman and Chief Executive Officer of Hong Kong Highpower Technology. "Our commitment to providing OEMs with high quality products at attractive prices has helped us to continually develop new customer relationships and take business away from our competitors. The expansion of our Ni-MH production capacity will provide us with more opportunities to further increase our market share in the future."

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.

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Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products. Such statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results to differ materially from the results expressed or implied by such statements. For a discussion of these and other risks and uncertainties see "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's public filings with the SEC. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

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