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Tri-Tech Holding Announces Management Changes Within Subsidiaries

Stocks in this article: TRIT

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 subsidiaries:

  • Appointment of Mr. Satish Kumar Chopra as the CEO of the Indian operation;
  • Appointment of Mr. Weidong Bi as the President of Tranhold Environmental ( Beijing) Tech Co., Ltd. (the "Tranhold");
  • Appointment 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; 

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In addition to the changes 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 operations.

"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.

About Mr. Satish Kumar Chopra

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