- On March 30, 2025, the management of the company received Thai new technology exchange guests in Hefei.
- On March 28, 2025, the management of the company accompanied the Beijing guests to Bozhou to investigate the trade of traditional Chinese medicine and the project of the homology of medicine and food and traditional intangible cultural heritage.
- On March 27, 2025, the management of the company received the Panama project delegation in Hefei.
- From March 20 to 21, 2025, the management of the company went to Guangzhou and Shenzhen to investigate the big health project.
- On March 14, 2025, the management of the company received the Guangzhou Great Health medical team in Hefei for a joint visit.
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Tencent music entertainment group was successfully listed on the New York stock exchange
Tencent Music Entertainment Group is set to raise $1.07 billion in a New York Stock Exchange (NYSE) listing.
The news comes after its IPO was priced at $13, at the low end of its $13-to-$15 per-share range. The company is the music arm of Tencent Holdings Ltd.
Tencent Music, the largest online music entertainment platform in China, is selling a total of 82 million American depositary shares (ADS) in the fundraising, according to a prospectus published on December 3.
Each ADS represents two Class A ordinary shares of the company.
The funds raised will be used primarily to expand and enhance Tencent Music's content offerings, service development, selling and marketing, potential strategic investments, as well as other general purposes, said the company.
During the first three quarters of this year, the company reported revenues of 13.59 billion yuan and net profits of 2.71 billion yuan, compared with 10.98 billion yuan and 1.32 billion yuan respectively last year.
By the end of September, Tencent Music reported 24.9 million online music service users, 3.8 percent of those paying users.