Highpower International, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. Net sales for the second quarter of 2017 increased by 40.7% to $51.7 million from $36.7 million in the prior year period, primarily attributable to the substantial growth in revenue from the Lithium and New Materials segments, driven by increased demand in consumer products including portable power stations, digital products, smart wearable devices, and notebooks. Net income attributable to the company for the second quarter of 2017 increased to $4.4 million from $2.1 million in the prior year period. Net income attributable to the company per diluted share for the second quarter of 2017 increased to $0.28 from $0.14 in the prior year period. EBITDA for the second quarter of 2017 was increased by 67.1% to $6.5 million from $3.9 million in the prior year period. Income from operations was $4.7 million against $1.4 million a year ago. Income before taxes was $5.1 million against $2.0 million a year ago. Net sales increased 42.1% to $93.6 million in the first half of 2017 as compared to $65.8 million for the first half in 2016. The increase was driven by higher sales volume and revenue from the Lithium and New Materials segments. Net income attributable to the company for the first half of 2017 increased to $6.9 million from $1.7 million in the prior year period. Net income attributable to the company per diluted share for the first half of 2017 increased to $0.45 from $0.11 in the prior year period. EBITDA for the first half of 2017 was increased by 124.9% to $11.5 million from $5.1 million in the prior year period. Income from operations was $7.8 million against $0.98 million a year ago. Income before taxes was $8.3 million against $1.6 million a year ago. Net cash flows provided by operating activities was $0.14 million against $1.3 million a year ago. Acquisitions of plant and equipment were $5.2 million against $4.4 million a year ago.