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Tencent Music Entertainment Group Announces Management Change

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Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698), China's leading online music and audio entertainment platform, has announced a significant management change. Ms. Linlin Chen, the company's Group Vice President, has resigned from her position and other relevant roles, effective September 30, 2024. The resignation is attributed to personal reasons.

Mr. Cussion Pang, Executive Chairman of TME, expressed gratitude for Ms. Chen's dedicated service and acknowledged her contributions to the success of Kugou Music, one of China's leading music streaming platforms. The company respects her decision and wishes her well in her future endeavors.

Tencent Music Entertainment Group (NYSE: TME e HKEX: 1698), la principale piattaforma cinese di musica e intrattenimento audio online, ha annunciato un importante cambio di gestione. La signora Linlin Chen, Vicepresidente del Gruppo dell'azienda, si è dimessa dalla sua posizione e da altri ruoli pertinenti, con effetto 30 settembre 2024. Le dimissioni sono attribuite a motivi personali.

Il signor Cussion Pang, Presidente Esecutivo di TME, ha espresso gratitudine per il servizio dedicato della signora Chen e ha riconosciuto il suo contributo al successo di Kugou Music, una delle principali piattaforme di streaming musicale in Cina. L'azienda rispetta la sua decisione e le augura il meglio per le sue future imprese.

Tencent Music Entertainment Group (NYSE: TME y HKEX: 1698), la principal plataforma de música y entretenimiento de audio en línea de China, ha anunciado un cambio significativo en la gestión. La Sra. Linlin Chen, Vicepresidenta del Grupo de la empresa, ha renunciado a su puesto y a otros roles relevantes, con efecto a partir del 30 de septiembre de 2024. La renuncia se atribuye a razones personales.

El Sr. Cussion Pang, Presidente Ejecutivo de TME, expresó su gratitud por el servicio dedicado de la Sra. Chen y reconoció sus contribuciones al éxito de Kugou Music, una de las principales plataformas de streaming musical de China. La empresa respeta su decisión y le desea lo mejor en sus futuros proyectos.

텐센트 뮤직 엔터테인먼트 그룹 (NYSE: TME 및 HKEX: 1698), 중국의 선도적인 온라인 음악 및 오디오 엔터테인먼트 플랫폼이 중요한 경영 변화를 발표했습니다. 회사의 그룹 부사장인 린린 첸씨가 개인적인 이유로 인하여 2024년 9월 30일부로 자리에서 물러났습니다.

TM의 집행 회장인 커션 팡씨는 첸씨의 헌신적인 서비스에 감사의 뜻을 전하며, 그녀가 중국의 주요 음악 스트리밍 플랫폼 중 하나인 구구 음악의 성공에 기여한 바를 인정했습니다. 회사는 그녀의 결정을 존중하며, 그녀의 향후 모든 일에 행운이 있기를 기원합니다.

Tencent Music Entertainment Group (NYSE: TME et HKEX: 1698), le leader chinois des plateformes en ligne de musique et de divertissement audio, a annoncé un changement de direction significatif. Mme Linlin Chen, vice-présidente du groupe, a démissionné de son poste ainsi que d'autres rôles pertinents, avec effet à partir du 30 septembre 2024. Cette démission est attribuée à des raisons personnelles.

M. Cussion Pang, président exécutif de TME, a exprimé sa gratitude pour le service dévoué de Mme Chen et a reconnu sa contribution au succès de Kugou Music, l'une des principales plateformes de streaming musical en Chine. L'entreprise respecte sa décision et lui souhaite le meilleur pour ses projets futurs.

Tencent Music Entertainment Group (NYSE: TME und HKEX: 1698), Chinas führende Plattform für Online-Musik und Audiounterhaltung, hat einen bedeutenden Managementwechsel angekündigt. Frau Linlin Chen, Gruppen-Vizepräsidentin des Unternehmens, hat zum 30. September 2024 ihren Rücktritt von ihrer Position und anderen relevanten Rollen bekannt gegeben. Der Rücktritt ist auf persönliche Gründe zurückzuführen.

Herr Cussion Pang, der Executive Chairman von TME, sprach seinen Dank für die engagierte Arbeit von Frau Chen aus und erkannte ihren Beitrag zum Erfolg von Kugou Music, einer der führenden Musik-Streaming-Plattformen in China, an. Das Unternehmen respektiert ihre Entscheidung und wünscht ihr alles Gute für ihre zukünftigen Unternehmungen.

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SHENZHEN, China, July 26, 2024 /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 that Ms. Linlin Chen has tendered her resignation from her position as the Company's Group Vice President and other relevant roles for personal reasons, effective September 30, 2024.

"On behalf of the Company, we would like to extend our gratitude to Ms. Chen for her dedicated service at TME. We appreciate her continuous hard work and commitment, which greatly contributed to the success of Kugou Music, one of China's leading music streaming platforms. We respect her decision and wish her all the best in all her future endeavors," said Mr. Cussion Pang, Executive Chairman of TME.

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. 

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact

Tencent Music Entertainment Group
ir@tencentmusic.com  
+86 (755) 8601-3388 ext. 818415

Cision View original content:https://www.prnewswire.com/news-releases/tencent-music-entertainment-group-announces-management-change-302207253.html

SOURCE Tencent Music Entertainment Group

FAQ

Who is leaving Tencent Music Entertainment Group (TME)?

Ms. Linlin Chen, the Group Vice President of Tencent Music Entertainment Group (TME), is leaving the company.

When will Linlin Chen's resignation from TME (NYSE: TME) take effect?

Linlin Chen's resignation from Tencent Music Entertainment Group (TME) will take effect on September 30, 2024.

What position did Linlin Chen hold at Tencent Music Entertainment Group (TME)?

Linlin Chen held the position of Group Vice President at Tencent Music Entertainment Group (TME).

What is the reason for Linlin Chen's departure from TME (NYSE: TME)?

According to the announcement, Linlin Chen is resigning from Tencent Music Entertainment Group (TME) for personal reasons.

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