Tencent Music Entertainment Group Announces Board Changes

Core Points - Tencent Music Entertainment Group (TME) announced the retirement of Mr. Matthew Yun Ming Cheng from its Board of Directors effective February 28, 2025, and appointed Mr. Wai Yip Tsang as a new director on the same date [1][2] - Mr. Cheng has been a member of TME's Board since 2022, contributing to the company's growth and innovation in the music industry [2] - Mr. Tsang brings a strong financial background and extensive experience in corporate finance, having held senior financial positions in various companies and currently serving as the Financial Controller of Tencent Holdings Limited [2] Company Overview - Tencent Music Entertainment Group is the leading online music and audio entertainment platform in China, operating popular music apps such as QQ Music, Kugou Music, Kuwo Music, and WeSing [3] - The company's mission is to create endless possibilities with music and technology, offering services that include online music, online audio, online karaoke, music-centric live streaming, and online concert services [3]