Tri-Tech Holding Announces Management Changes Within Subsidiaries
BEIJING, June 11, 2013
BEIJING, June 11, 2013 /PRNewswire/ --Tri-Tech Holding Inc. (Nasdaq: TRIT),
which provides turn-key water resources management, water and wastewater
treatment, industrial safety and pollution control solutions, announced today
that the Company had made the following management changes within its
oAppointment ofMr.Satish Kumar Chopraas the CEO of the Indian operation;
oAppointment ofMr. Weidong Bi as the President of Tranhold Environmental
(Beijing) Tech Co., Ltd. (the "Tranhold");
oAppointment of Mr. Rongguo Shi as Senior Vice President of Indian
operations, entrusted with managing Human Resources, Accounting, as well
as Procurement in India. Mr. Shi, formerly Tranhold's president, will
assist Mr. Chopra;
(Logo: http://photos.prnewswire.com/prnh/20100603/CNTH016LOGO )
In addition to thechanges to the management of subsidiary companies, the
senior management consolidated project-related unit of Tri-Tech (Beijing) Co.,
Ltd. with that of Tranhold and reduced headcount to 29 to run the consolidated
"Based upon their previous capacities and contributions to the Company, the
management is confident that Mr. Chopra, Mr. Bi and Mr. Shi will serve the
Company well with their new roles," CEO of the Company, Mr. Gavin Cheng said,
"We have merged Tri-Tech (Beijing)'s and Tranhold's project-related units to
control costs and improve management efficiencies. The integration also
strengthens our water and wastewater segment business focus."
About Mr. Weidong Bi
Mr. Bi has more than 20 years' experience in the water and wastewater
treatment fields. Prior to his appointment, Mr. Bi has served as the Vice
President of Tri-Tech entrusted with managing project-related activities
across the subsidiaries. Prior to Tri-Tech, he served as a project manager in
the water treatment department of the Industry Solutions Group of Siemens
Ltd., China and the Beijing Office of Chevalier (Envirotech) Ltd.
Mr. Bi earned his MS degree in environmental and chemical engineering from the
Nanjing University of Science and Technology in 1995 and a BS degree in
environmental monitoring from the East China Institute of Technology in 1988.
He has held a Project Management Professional Certificate issued by the China
Ministry of Labor and Social Security since 2003 and a Certificate of Senior
Engineering from the Beijing municipal government since 2001.
AboutMr.Satish Kumar Chopra
Prior to his appointment, Mr. Chopra served as a senior consultant to Tri-Tech
India advising recruitment at senior level, project procurement as well as
Over the last 40 yearsMr. Chopra, 66, served as Vice President, Business
Head, General Manager, Senior Manager as well as Project Chief in companies
such as Soma Enterprise Ltd., Jindal Water Infrastructure Ltd., Nuchem
Limited, Doshi Ion Exchange & Chemical Industries Limited, Jord Engineers
India Limited, Driplex Water Engineering Limited, Otoklin Plants & Equipments
Limited and Triveni Engineering Limited. Mr. Chopra participated and managed
numbers of EPC and BOOT projects dealing with water, wastewater and solid
About Mr. Rongguo Shi
Mr. Shi has 12 years of experience in general manager or human resources
positions for large domestic and international communications, IT and
environmental enterprises. He is familiar with managing multi-function
integrated operations and management. He is a specialist in developing
business management models and strategies and has a deep understanding of
corporate culture, human resources management and enterprise-wide management.
Prior to his appointment, Mr. Shi was the President of Tranhold and previously
served as the General Manager of the Department of Operation Management
entrusted with managing Human Resources & General Administration. Most
recently, Mr. Shi served as Vice Chiefsecretary of the Beijing Information &
Telecommunication Committee, as well as director and general manager of
Beijing Opportunities & ResourcesTechnology Co. Ltd. He previously served
the Golden State Environment Group Company as human resources director for the
group and General Manager of Beijing Rohrueck Garbage Bins Co. Ltd.,
responsible for human resources management and Rohrueck's overall operation
and management. He has worked as HR director and VP of Telecommunication
Services of Changfeng Communication (Group) Co. Ltd., a Chinese A share listed
company. He also served as an outside director of the company. Prior to that,
he served as general manager of Stellar Maga-MediaCinema Development Co.
Ltd., the domestic subsidiary of SMI Corporation listed on the Hong Kong Stock
Exchange. Mr. Shi also has worked at the Beijing Great Dragon Information
Technology International Co. Ltd., serving as assistant general manager and a
member of the payroll committee of the board, responsible for recruitment,
assessment, payroll, benefits, training and labor relations and improvement of
various human resources programs. He also worked at Rizhao Railway Middle
School of Jinan Railway Bureau and served as secretary of the League Committee
and head of the Foreign Language Teaching and Research Group.
Mr. Shi earned his BA in English Language and Literature from Suzhou Railway
Teachers College. He has a master's degree in law from Beijing Normal
University. He also attended the young cadres training in business
administration organized by China Potevio Co., Ltd.and Beijing Institute of
Economics Management and has received human resources training at the Beijing
Municipal Personnel Bureau.
About Tri-Tech Holding Inc.
Tri-Tech is an innovative provider of consulting, engineering, procurement,
construction and technical services. The Company supports government, state
owned entities and commercial clients by providing efficiency oriented
solutions focused on treatment of water and waste water, management of water
resources and water-efficient irrigation, as well as industrial emission and
safety controls. With software copyrights, product patents, and capable
employees in China, the U.S. and India, Tri-Tech's capabilities span the cycle
of innovation. Please visit www.tri-tech.cn for more information.
An online investor kit including a company profile, presentations, press
releases, current price quotes, stock charts and other valuable information
for investors is available at http://www.tri-tech.cn/ir. To subscribe to
future releases via e-mail alert, visit http://www.tri-tech.cn/ir/info/request
This press release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking statements
include references to corporate restructuring efforts and other statements
concerning plans, objectives, goals, strategies, future events such as project
payments, results of marketing efforts or performance, future government
initiatives, expected actions by third parties and underlying assumptions and
other statements that are other than statements of historical facts. These
statements are subject to uncertainties and risks including, but not limited
to, product and service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government regulation, and
other risks contained in reports filed by the company with the Securities and
Exchange Commission. All such forward-looking statements, whether written or
oral, and whether made by or on behalf of the company, are expressly qualified
by the cautionary statements and any other cautionary statements which may
accompany the forward-looking statements. In addition, the company disclaims
any obligation to update any forward-looking statements to reflect events or
circumstances after the date hereof.
For more information, please contact:
Tri-Tech Holding Inc.
+86 10 57323666
SOURCE Tri-Tech Holding Inc.
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