SHENZHEN, China - Tencent Music Entertainment Group (NYSE:TME) (NYSE: TME and HKEX: 1698), a prominent online music and audio entertainment platform in China, announced today that its President and Chief Technology Officer, Mr. Zhenyu Xie, has resigned from his executive roles and from the board of directors for personal reasons, effective March 31, 2024. The company has named Ms. Min Hu, currently the Chief Financial Officer, as a new board director on the same date.
The outgoing executive, Mr. Xie, will continue to serve as a consultant to Tencent Music following his resignation. During his tenure, he contributed significantly to the company's technological advancements and product development, enhancing user experience and product appeal.
Ms. Hu, known as Shirley Hu, has over two decades of experience in finance and corporate IT functions. She previously held various controller positions within Tencent's business groups and served as the director of internal audit at Huawei Technology Co., Ltd. Ms. Hu's educational background includes a bachelor's degree from Xi'an Jiaotong University and a master's degree from Beijing Jiaotong University. She also holds professional memberships with several accounting and auditing institutions.
Executive Chairman Mr. Cussion Pang expressed gratitude for Mr. Xie's dedication and welcomed Ms. Hu to her new role on the board, highlighting her extensive experience in finance and operations management.
Tencent Music operates popular music apps in China, including QQ Music, Kugou Music, Kuwo Music, and WeSing. The company aims to fuse music with technology, offering services such as online music, audio streaming, karaoke, music-centric live streaming, and online concerts.
The information for this article is based on a press release statement from Tencent Music Entertainment Group.
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