SHENZHEN, China, May 27, 2022 /PRNewswire/
-- Tencent Music Entertainment Group ("TME", or the
"Company") (NYSE: TME), the leading online music and audio
entertainment platform in China, today announced that Mr.
Martin Chi Ping Lau, who has served
as a director of the Company's Board of Directors (the "Board")
since 2016, has decided to resign from the Board, effective
immediately. At the same time, the Company is pleased to announce
the appointment of Mr. Matthew Yun Ming
Cheng, to its Board, also effective immediately.
"On behalf of our Board, we would like to express our deep
gratitude to Martin for his years of services to the TME Board and his invaluable
contributions to the Company. His extensive experience and
strategic thinking shaped TME's growth path and were instrumental
in our transformation into the leading online music and audio
entertainment platform in China. After his resignation, Martin will
continue to provide us with strategic advice as President of
Tencent, which remains the majority
shareholder in TME," commented Mr. Cussion Pang, Executive Chairman
of TME. "Meanwhile, we are pleased to welcome Matthew as a
new director to our Board. We are confident his experience and
insights will provide valuable perspectives as we continue to
execute our strategy and promote the healthy development of
China's music industry."
Mr. Cheng currently serves
as the corporate vice president of Tencent Holdings Limited (HKEX: 0700). Prior to joining Tencent in 2010, Mr. Cheng assumed financial
management functions at various companies, including Price Waterhouse, and China Everbright
Technology Limited (HKEX: 0256). Mr. Cheng is a fellow
member of the Association of Chartered Certified Accountants. He
received a bachelor's degree in accountancy from the Hong Kong
Polytechnic University.
About Tencent Music Entertainment
Tencent Music Entertainment Group
(NYSE: TME) 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 use technology to
elevate the role of music in people's lives by enabling them to
create, enjoy, share and interact with music. 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