The board of directors of Billion Industrial Holdings Limited announced that Mr. Wu Zhongqin was re-designated from non-executive director of the company to executive director of the company with effect from 19 May 2017. Mr. Wu, aged 30, joined the Group in April 2011. Mr. Wu served as the manager of the External Relations Department of Fujian Billion Polymerization Fiber Technology Industrial Co. Ltd. from April 2011 to September 2012 and he was promoted to the assistant to the chairman of the Company in October 2012.