Tencent Music Entertainment Group Announces Senior Management Changes

Executive Changes - Mr Zhenyu Xie has resigned from his executive positions as President, Chief Technology Officer, and board member, effective March 31, 2024, for personal reasons [1] - Mr Xie will continue to serve as a consultant to the company [1] - Ms Min Hu (Shirley Hu), the Chief Financial Officer, has been appointed as a director of the company, effective March 31, 2024 [1] Leadership Background - Ms Min Hu has over 20 years of experience in finance, including financial management, capital operations, mergers and acquisitions, and internal control [2] - Prior to joining Tencent Music Entertainment, Ms Hu held various controller roles in Tencent's business groups from 2007 to 2016 and served as the director of internal audit at Huawei Technologies [2] - Ms Hu holds professional certifications including CIMA, CPA Australia, CICPA, and CIA, and holds degrees in Industrial Foreign Trade and Systems Engineering [2] Company Overview - Tencent Music Entertainment Group is the leading online music and audio entertainment platform in China, operating popular apps such as QQ Music, Kugou Music, Kuwo Music, and WeSing [3] - The company's platform includes online music, audio, karaoke, live streaming, and online concert services, enabling users to discover, listen, sing, watch, perform, and socialize around music [3]