{"id":819755,"date":"2025-02-28T05:03:12","date_gmt":"2025-02-28T10:03:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tencent-music-entertainment-group-announces-board-changes-3\/"},"modified":"2025-02-28T05:03:12","modified_gmt":"2025-02-28T10:03:12","slug":"tencent-music-entertainment-group-announces-board-changes-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tencent-music-entertainment-group-announces-board-changes-3\/","title":{"rendered":"Tencent Music Entertainment Group Announces Board Changes"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">SHENZHEN, China<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 28, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Tencent\u00a0Music Entertainment Group (&#8220;TME&#8221;, or the &#8220;Company&#8221;) (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in\u00a0China, today announced the retirement of Mr. <span class=\"xn-person\">Matthew Yun Ming Cheng<\/span> from his position as a director on the Board of Directors (the &#8220;Board&#8221;), effective <span class=\"xn-chron\">February 28, 2025<\/span>. Concurrently, the Board approved the appointment of Mr. <span class=\"xn-person\">Wai Yip Tsang<\/span>, as a director on the Board, effective <span class=\"xn-chron\">February 28, 2025<\/span>.<\/p>\n<p>&#8220;Matthew has been a valuable member of TME&#8217;s Board during his tenure since 2022. On behalf of the Board, I would like to thank him for his dedication, which helped us drive growth and innovation while promoting the prosperity of <span class=\"xn-location\">China&#8217;s<\/span> music industry,&#8221; commented Mr. Cussion Pang, Executive Chairman of TME. &#8220;I would also like to welcome <span class=\"xn-person\">Wai Yip<\/span> to the Board. His deep financial background, extensive experience and business insights will be a tremendous asset to TME.&#8221;<\/p>\n<p>Mr. Tsang currently serves as the Financial Controller of Tencent\u00a0Holdings Limited (HKEX:\u00a00700). Prior to joining <span class=\"xn-money\">Tencent<\/span> in 2014, Mr. Tsang began his career at PricewaterhouseCoopers and subsequently held senior financial positions, including chief financial officer or group financial controller at several companies listed on the Main Board of the Hong Kong Stock Exchange and the New York Stock Exchange, and served as a director of a company listed on the New Zealand Stock Exchange. Mr. Tsang is a fellow member of the Institute of Chartered Accountants in <span class=\"xn-location\">England<\/span> and <span class=\"xn-location\">Wales<\/span>, the Hong Kong Institute of Certified Public Accountants, and the Association of Chartered Certified Accountants, as well as a member of CPA Australia. He holds a Bachelor of Arts (Honors) in Accountancy. Mr. Tsang possesses extensive experience in audit, accounting, investor relations, and corporate finance, including initial public offerings, restructuring, and mergers and acquisitions activities.<\/p>\n<p>\n        <b>About\u00a0Tencent\u00a0Music Entertainment<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-money\">Tencent<\/span> Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in <span class=\"xn-location\">China<\/span>, operating the country&#8217;s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME&#8217;s mission is to create endless possibilities with music and technology. TME&#8217;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.<\/p>\n<p>\n        <b>Investor Relations Contact<br \/><\/b><br \/>\n        <span class=\"xn-money\">Tencent<\/span> Music Entertainment Group<br \/><a href=\"mailto:ir@tencentmusic.com\" target=\"_blank\" rel=\"nofollow\">ir@tencentmusic.com<\/a> \u00a0<br \/>+86 (755) 8601-3388 ext. 818415<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN27742&amp;sd=2025-02-28\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/tencent-music-entertainment-group-announces-board-changes-302388279.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/tencent-music-entertainment-group-announces-board-changes-302388279.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-money\">Tencent<\/span> Music Entertainment Group<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN27742&amp;Transmission_Id=202502280500PR_NEWS_USPR_____CN27742&amp;DateId=20250228\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SHENZHEN, China , Feb. 28, 2025 \/PRNewswire\/ &#8212; Tencent\u00a0Music Entertainment Group (&#8220;TME&#8221;, or the &#8220;Company&#8221;) (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in\u00a0China, today announced the retirement of Mr. Matthew Yun Ming Cheng from his position as a director on the Board of Directors (the &#8220;Board&#8221;), effective February 28, 2025. Concurrently, the Board approved the appointment of Mr. Wai Yip Tsang, as a director on the Board, effective February 28, 2025. &#8220;Matthew has been a valuable member of TME&#8217;s Board during his tenure since 2022. On behalf of the Board, I would like to thank him for his dedication, which helped us drive growth and innovation while promoting the prosperity of China&#8217;s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tencent-music-entertainment-group-announces-board-changes-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tencent Music Entertainment Group Announces Board Changes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-819755","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tencent Music Entertainment Group Announces Board Changes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tencent-music-entertainment-group-announces-board-changes-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tencent Music Entertainment Group Announces Board Changes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SHENZHEN, China , Feb. 28, 2025 \/PRNewswire\/ &#8212; Tencent\u00a0Music Entertainment Group (&#8220;TME&#8221;, or the &#8220;Company&#8221;) (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in\u00a0China, today announced the retirement of Mr. Matthew Yun Ming Cheng from his position as a director on the Board of Directors (the &#8220;Board&#8221;), effective February 28, 2025. Concurrently, the Board approved the appointment of Mr. Wai Yip Tsang, as a director on the Board, effective February 28, 2025. &#8220;Matthew has been a valuable member of TME&#8217;s Board during his tenure since 2022. On behalf of the Board, I would like to thank him for his dedication, which helped us drive growth and innovation while promoting the prosperity of China&#8217;s &hellip; Continue reading &quot;Tencent Music Entertainment Group Announces Board Changes&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tencent-music-entertainment-group-announces-board-changes-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-28T10:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN27742&amp;sd=2025-02-28\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tencent-music-entertainment-group-announces-board-changes-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tencent-music-entertainment-group-announces-board-changes-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tencent Music Entertainment Group Announces Board Changes\",\"datePublished\":\"2025-02-28T10:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tencent-music-entertainment-group-announces-board-changes-3\\\/\"},\"wordCount\":417,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tencent-music-entertainment-group-announces-board-changes-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN27742&amp;sd=2025-02-28\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tencent-music-entertainment-group-announces-board-changes-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tencent-music-entertainment-group-announces-board-changes-3\\\/\",\"name\":\"Tencent Music Entertainment Group Announces Board Changes - 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Concurrently, the Board approved the appointment of Mr. Wai Yip Tsang, as a director on the Board, effective February 28, 2025. &#8220;Matthew has been a valuable member of TME&#8217;s Board during his tenure since 2022. 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