Tencent Music Entertainment Group (NYSE: TME), the leading online music and audio entertainment platform in China, announced that Mr. Dennis Tak Yeung Hau has decided to resign from his position for personal reasons, effective January 31, 2022. Mr. Hau has served as the Company’s Group Vice President since 2016. Mr. Ross Liang, the Company’s Chief Executive Officer, will assume Mr. Hau’s responsibilities in managing TME’s international business. In addition, Mr. Adrian Yau Kee Mak, our independent director, will replace Ms. Edith Manling Ngan as the chairperson of our audit committee, with immediate effect. Ms. Ngan will continue to serve as an independent director and a member of our audit committee.
Mr. Cussion Kar Shun Pang, Executive Chairman of TME, commented, “On behalf of our Board and TME’s management team, we thank Dennis for his outstanding services and commitment to the Company. Dennis played a crucial role in the development of QQ Music and WeSing, helping TME become the leading online music and audio entertainment platform in China. Under his leadership, QQ Music provided a much more diverse and rich content offering for users to enjoy, fostered product and technological innovations, including AI predictive algorithms to discover promising new music, and cultivated a vibrant social community to facilitate interaction between musicians and fans. All of these contributed to QQ Music’s rapid growth.”
“Dennis also guided WeSing to evolve from a karaoke app into a social entertainment platform with ‘singing’ at its core and encompass live streaming, karaoke rooms and a variety of social features. In addition, he was instrumental in the development of our IoT business and established strategic cooperation with key partners. In his most recent role leading TME’s international business, Dennis successfully led WeSing’s expansion in the overseas markets, laying a solid foundation for our future growth across Southeast Asia. We greatly appreciate Dennis’ significant contributions over the years,” added Mr. Ross Liang, CEO of TME.
The Board also expresses its sincere gratitude to Ms. Edith Manling Ngan for her leadership and invaluable contributions during her tenure as the chairperson of the audit committee. TME will remain committed to upholding high standards of corporate governance under the leadership of Mr. Adrian Yau Kee Mak as the new chairperson of the audit committee.
