---
title: "Billion Industrial Sets Out Board and Committee Structure"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285060242.md"
description: "Billion Industrial Holdings Ltd. has announced its board and committee structure, appointing Sze Tin Yau and Zhang Shengbai as co-chairmen, with Wu Jinbiao as CEO. The company has clarified the membership of its key committees, enhancing transparency and compliance with Hong Kong corporate governance standards. Independent director Yu Wai Ming chairs the audit and remuneration committees, while Sze Tin Yau leads the nomination and corporate governance committees. This formalization supports risk management and oversight responsibilities within the company."
datetime: "2026-05-04T10:08:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285060242.md)
  - [en](https://longbridge.com/en/news/285060242.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285060242.md)
---

# Billion Industrial Sets Out Board and Committee Structure

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The latest update is out from Billion Industrial Holdings Ltd. ( (HK:2299) ).

Billion Industrial Holdings Limited has disclosed the current composition of its board, naming Sze Tin Yau and Zhang Shengbai as co-chairmen, with Wu Jinbiao serving as chief executive officer alongside other executive, non-executive and independent non-executive directors. The company also outlined the membership of its key board committees, with independent director Yu Wai Ming chairing the audit and remuneration committees and Sze Tin Yau leading the nomination and corporate governance committees, underscoring a clear allocation of oversight responsibilities.

The announcement formalizes the structure of the audit, remuneration, nomination and corporate governance committees, which are central to risk management, pay oversight and director selection at the company. By clarifying who leads and sits on each committee, Billion Industrial enhances transparency for shareholders and other stakeholders, supporting regulatory compliance and reinforcing its corporate governance framework in the Hong Kong market.

**More about Billion Industrial Holdings Ltd.**

Billion Industrial Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong under stock code 2299. The company is governed by a board comprising executive, non-executive and independent non-executive directors, reflecting a conventional listed-company structure focused on compliance with Hong Kong corporate governance standards.

**Average Trading Volume:** 42,112

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$10.66B

Learn more about 2299 stock on TipRanks’ Stock Analysis page.

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