BEIJING, April 10, 2017 /PRNewswire/ -- Cheetah Mobile
Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading
mobile internet company that aims to provide leading apps for
mobile users worldwide and connect users with personalized content
on the mobile platform, today announced the appointment of Mr.
Zhenyu (Vincent) Jiang as chief
financial officer of the Company, effective
immediately.
Mr. Sheng Fu, Cheetah Mobile's
Chief Executive Officer, stated, "We are thrilled to welcome
Vincent Jiang to our senior
management team at Cheetah Mobile. Vincent has more than ten years
of experience in financial management, corporate finance, mergers
and acquisitions, and regulatory compliance. He has worked in
China's TMT sector for years and
has a proven track record of leading finance functions. We look
forward to drawing upon Vincent's vast strategic and financial
expertise as we remain focused on connecting our over 600 million
global mobile MAUs with more personalized and richer content by
capitalizing on the emerging artificial intelligence
technologies."
Mr. Vincent Jiang, Cheetah
Mobile's Chief Financial Officer, commented, "I am honored to be
appointed as the chief financial officer of Cheetah Mobile, one of
the fastest-growing mobile companies in the world. I look forward
to working closely with Sheng Fu and
the team as we continue to execute our mobile content strategy to
drive future growth."
Mr. Vincent Jiang joins Cheetah
Mobile from a start-up tech company, where he served as the founder
and chief executive officer. From 2014 to 2015, Mr. Jiang served as
the chief financial officer of 9F Inc., a leading internet finance
company. From 2007 to 2014, Mr. Jiang was an attorney at Skadden,
Arps, Slate, Meagher & Flom LLP. Mr. Jiang has been a CFA
charterholder since 2013. He received his juris doctor degree from
Cornell Law School in 2008, his
master's degree in mechanical engineering from the Pennsylvania State University in 1999, and his
master's and bachelor's degrees in automotive engineering
from Tsinghua University in
1998 and 1995, respectively.
About Cheetah Mobile Inc.
Cheetah Mobile is a leading mobile internet company. It aims to
provide leading apps for mobile users worldwide and connect users
with personalized content on the mobile platform.
Cheetah Mobile's products, including its popular
mission-critical applications Clean Master, CM Security and Battery
Doctor, help make users' mobile internet experience smarter,
speedier, and safer. The Company has attracted 623 million global
mobile MAUs as of December 2016, of
which approximately 81% were located outside of China. Leveraging the success of its
mission-critical applications, Cheetah Mobile has launched its line
of mobile content-driven applications, including News Republic and
Live.me.
Cheetah Mobile provides its advertising customers, which include
direct advertisers and mobile advertising networks through which
advertisers place their advertisements, with direct access to
highly targeted mobile users and global promotional channels, which
are capable of delivering targeted content to hundreds of millions
of users.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements, including management quotes, constitute forward-looking
statements under the U.S. Private Securities Litigation Reform Act
of 1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Such statements involve inherent risks and uncertainties. A number
of factors could cause actual results to differ materially from
those contained in the forward-looking statements, including but
are not limited to the following: Cheetah Mobile's growth
strategies; Cheetah Mobile's ability to retain and increase its
user base and expand its product and service offerings; Cheetah
Mobile's ability to monetize its platform; Cheetah Mobile's future
business development, financial condition and results of
operations; competition with companies in a number of industries
including internet companies that provide online marketing services
and internet value-added services; expected changes in Cheetah
Mobile's revenues and certain cost or expense items; and general
economic and business condition globally and in China. Further information regarding these and
other risks is included in Cheetah Mobile's filings with the U.S.
Securities and Exchange Commission. Cheetah Mobile does not
undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as
required under applicable law.
Investor Relations Contact
Cheetah Mobile Inc.
Helen Jing Zhu
Tel: +86 10 6292 7779 ext. 1600
Email: IR@cmcm.com
ICR, Inc.
Jessie Fan
Tel: +1 (646) 417-5395
Email: IR@cmcm.com
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SOURCE Cheetah Mobile