Tencent Music Entertainment Group Announces Management Change

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698), China's leading online music and audio entertainment platform, has announced a significant management change.

Rhea-AI Summary

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.

Argus Session date unavailable

-2.36% session move Open Argus

Details

News Market Reaction – TME

The recorded move for TME in the trading session of this news was -2.36%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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

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

SOURCE Tencent Music Entertainment Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.