BEIJING, Jan. 17, 2020 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile"
or the "Company"), a leading mobile internet company with global
market coverage, today announced that it has appointed Mr.
Thomas Jintao Ren as the Company's
Chief Financial Officer, effective January
31st, 2020. Mr. Ren will succeed Mr. Vincent Jiang, who plans to resign from his
position for personal reasons. In the future, Mr. Vincent Jiang will continue to support the
Company's growth.
Mr. Sheng Fu, Cheetah Mobile's
Chairman and Chief Executive Officer stated, "We are pleased to
welcome Thomas to join Cheetah Mobile as Chief Financial Officer.
With his strong track records in capital markets, corporate finance
and management, we believe Thomas will be a great addition to our
management team and will bring rich experience for Cheetah Mobile's
future development."
Mr. Ren stated, "I am honored to be appointed as the chief
financial officer of Cheetah Mobile. I look forward to working with
the team to continue our growth and strengthen our leadership in
the industry."
Thomas Jintao Ren will join us
from Renren Inc. (NYSE: RENN), where he has served as a chief
financial officer since September
2015. Mr. Ren also served as the chief financial officer of
Kaixin Auto Holdings (NASDAQ:KXIN) from September 2015 to August
2019. Kaixin Auto Holidings is a subsidiary of Renren Inc.
Prior to rejoining Renren Inc., Mr. Ren was the chief financial
officer at Chukong Technologies. From 2005 and 2014, Mr. Ren served
as Renren Inc.'s senior finance director. Prior to that, Mr. Ren
had worked at KPMG for five years. Mr. Ren holds a bachelor's
degree in economics from Renmin University of China. He is a certified public accountant in
China and the United States, and a chartered
professional accountant in Canada.
About Cheetah Mobile Inc.
Cheetah Mobile is a leading mobile Internet company with global
market coverage. It has attracted hundreds of millions of monthly
active users through its mobile utility products such as Clean
Master and Cheetah Keyboard, casual games such as Piano Tiles 2,
Bricks n Balls, and live streaming product Live.me. The Company
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. The
Company also provides value-added services to its mobile
application users through the sale of in-app virtual items on
selected mobile products and games. Cheetah Mobile is committed to
leveraging its cutting-edge artificial intelligence technologies to
power its products and make the world smarter. It has been listed
on the New York Stock Exchange since May 2014.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements, including management quotes and business outlook,
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: helenjingzhu@cmcm.com
ICR Inc.
Jack Wang
Tel: +1 (646) 417-5395
Email: IR@cmcm.com
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SOURCE Cheetah Mobile Inc