Highpower's subsidiaries recognized as the “Guangdong Engineering Technology Research Center”

Highpower's subsidiaries recognized as the “Guangdong Engineering Technology Research Center”

Recently, Shenzhen Highpower Technology Co., Ltd., Springpower Technology (Shenzhen) Co., Ltd. and Icon Energy System (Shenzhen) Co., Ltd. were respectively recognized by Department of Science and Technology of Guangdong Province as the “Guangdong Engineering Technology Research Center of High Performance Ni-MH Battery and Rare Earth Hydrogen Storage Material”, “Guangdong Engineering Technology Research Center (Springpower) of Ultra-high Voltage and High Energy Density Li-ion Battery” and “Guangdong Engineering Technology Research Center of Platform Design and Safety Research Project in Li-ion Power Battery Pack”. Until now, all of the wholly-owned subsidiaries of Highpower Technology have been identified as the “Guangdong Engineering Technology Research Center”.

" 2021 Guangdong Engineering Technology Research Center " Certificate of Shenzhen Highpower, Springpower Technology and Icon Energy

“Guangdong Engineering Technology Research Center” is a significant carrier for establishing a technological innovation system with enterprises as the main body, market as orientation, and deep Industry-University-Research integration. It is also an important channel to promote the construction of enterprise’s R&D institution and improve the independent R&D ability. The construction requirements of the engineering center are centered on the important needs of industrial development, building a technological innovation platform, breaking through the key common technologies that restrict industrial development, cultivating industry leading companies and innovative talents, in order to promote the construction of an international technology innovation center in the Greater Bay Area and provide strong support for the construction of a strong science and technology province.

Therefore, the unit applying for Guangdong Engineering Technology Research Center should not only have leading R&D ability and basic scientific research condition in the industry, but also have strict restrictions on its scientific research results and the number of scientific researchers.

Highpower Technology, equipped with necessary venues and R&D equipment for experiments, testing, and analysis, has spent over 100 million yuan on R&D which accounts for above 5% of operating income in 2020. The company also has a R&D team of more than 500 people. As of June 30, 2021, Highpower Technology has obtained 249 domestic and foreign authorized patents through independent research and development.

Regardless of the unit size, R&D conditions or results, three subsidiaries of Highpower Technology far exceed the application criteria. At the same time, the company has formulated a comprehensive talent development plan, also adopted a talent echelon training plan and R&D talent management system that combines long-term service incentives and real-time project incentives for talents. 

The application and related supporting materials submitted by three subsidiaries have been reviewed by competent authorities at all levels and evaluated by experts. Then, they entered the proposed accreditation list of "2021 Guangdong Engineering Technology Research Center" and finally pass the social announcement.

The successful pass of the "2021 Guangdong Engineering Technology Research Center" review at all levels and social public announcement is not only the high recognition of three subsidiaries' R&D, technology, and innovation abilities, but also the affirmation of Highpower Technology's transformation ability of scientific research results and economic strength.

Highpower Technology was founded in 2002 as an integrated clean energy supplier dedicated to R&D, manufacture and sales of Li-ion and Ni-MH batteries, as well as energy storage systems and used battery recycling. In June 2008, Highpower listed in NASDAQ, USA, and completed the privatization in October 2019. Highpower focuses on R&D investment and will continuously broaden application scenarios, while strengthening whole devices usage analysis, technology know-how approach, and application innovation. Global service footprint and vertical integration, allow us to deliver safe, reliable & innovative power solutions. Thus, Highpower has been recognized by many international brands as one of their strategic partners.

In the future, Highpower Technology will further strengthen the ability of R&D and scientific research results transformation to return customers with high-security products and sincere services. Move towards the goal of "A world-class clean energy solution provider" to create a better life for mankind.