Sheng BI

Chairman of the Board of TXR-S Technology   Investment Group Co., Ltd.

Sheng BI graduated from Huazhong University of Science and Technology with his major in Business Administration. He has been engaging in financial investment for more than 20 years, accumulating rich experience in capital investment.

In 2002-2006, BI served as assistant to President of China Huawen Investment Holding Co., Ltd., participated in the acquisition (holding) of Dacheng Fund, Chinese Business View, Hangzhou HYATT Hotel and Ping An Insurance's directional add-issuance, and led the restructuring of Beijing Tianhong Group.

In 2008-2009, BI served as the Head of the Preparatory Group of PICC Financial Holding & Investment Co., Ltd. As Plenipotentiary of PICC, he led the overall acquisition of Huawen Holdings, and took over the core financial assets of Zhongtai Trust, Dacheng Fund, United Securities, Guangdong Securities, Guoyuan Trust, Huawen Futures, Maike Futures and Rick Futures. He also participated in and led the establishment or reorganization of several government funds and listed company funds, with a total capital of more than CNY 100 billion.

In 2011, BI founded TXR-S Technology Investment Group Co., Ltd. (hereinafter referred to as "TXR-S") and has served as Chairman of the Board of TXR-S. TXR-S is his industrial innovation in the key national strategic areas. It equipped with high-quality R&D teams in the fields of general power, new energy vehicle, aerospace, special materials, renewable energy, has delivered practical and industrialized technical payoffs. It makes great efforts to build four core business segments, including new energy power system, special materials, clean energy, aerospace and additionally auxiliary segments for finance and investment. Techrules Automobile Research and Development Co., Ltd., a core enterprise of TXR-S, is a successful practice of the Group in the new energy automobile sector. Its self-developed aerodynamic extended-range electric vehicle better combines micro gas turbine and pure electric vehicle. Different from the traditional piston engine and pure electric vehicle, such a new vehicle solves the problems of low thermal efficiency and heavy pollution of traditional vehicle, as well as the problems for pure electric vehicles. It is a revolutionary and subversive breakthrough with innovative value and of great significance. The High-end Techrules automobile brand built by TXR-S has been gained wide attention from the international markets.


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