SHENZHEN, China, Feb. 28,
2025 /PRNewswire/ -- Tencent Music Entertainment
Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the
leading online music and audio entertainment platform
in China, today announced the retirement of Mr. Matthew Yun Ming Cheng from his position as a
director on the Board of Directors (the "Board"), effective
February 28, 2025. Concurrently, the
Board approved the appointment of Mr. Wai
Yip Tsang, as a director on the Board, effective
February 28, 2025.
"Matthew has been a valuable member of TME's Board during his
tenure since 2022. On behalf of the Board, I would like to thank
him for his dedication, which helped us drive growth and innovation
while promoting the prosperity of China's music industry," commented Mr. Cussion
Pang, Executive Chairman of TME. "I would also like to welcome
Wai Yip to the Board. His deep
financial background, extensive experience and business insights
will be a tremendous asset to TME."
Mr. Tsang currently serves as the Financial Controller of
Tencent Holdings Limited (HKEX: 0700). Prior to joining
Tencent in 2014, Mr. Tsang began his
career at PricewaterhouseCoopers and subsequently held senior
financial positions, including chief financial officer or group
financial controller at several companies listed on the Main Board
of the Hong Kong Stock Exchange and the New York Stock Exchange,
and served as a director of a company listed on the New Zealand
Stock Exchange. Mr. Tsang is a fellow member of the Institute of
Chartered Accountants in England
and Wales, the Hong Kong Institute
of Certified Public Accountants, and the Association of Chartered
Certified Accountants, as well as a member of CPA Australia. He
holds a Bachelor of Arts (Honors) in Accountancy. Mr. Tsang
possesses extensive experience in audit, accounting, investor
relations, and corporate finance, including initial public
offerings, restructuring, and mergers and acquisitions
activities.
About Tencent Music Entertainment
Tencent Music Entertainment Group
(NYSE: TME and HKEX: 1698) is the leading online music and audio
entertainment platform in China,
operating the country's highly popular and innovative music apps:
QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to
create endless possibilities with music and technology. TME's
platform comprises online music, online audio, online karaoke,
music-centric live streaming and online concert services, enabling
music fans to discover, listen, sing, watch, perform and socialize
around music. For more information, please visit
ir.tencentmusic.com.
Investor Relations Contact
Tencent Music Entertainment Group
ir@tencentmusic.com
+86 (755) 8601-3388 ext. 818415
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SOURCE Tencent Music Entertainment
Group
