Huayi Tencent Entertainment: Successfully Recruits Seasoned Executive for Internet Healthcare Development

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Press release

[Immediate Release]

Huayi Tencent Entertainment Successfully Recruits Seasoned Executive

for its Internet development in the health sector

(October 11, 2021 – Hong Kong) Huayi Tencent Entertainment Company Limited (“Huayi Tencent Entertainment,” the “Society“; Stock Code: 00419.HK; with its subsidiaries collectively known as”Group“) is pleased to announce that the Group has successfully recruited Ms. Dong Yu (” Ms. Dong “) – an inspiring internet healthcare leader to join the Group’s management team. The Company and Ms. Dong have entered into joint venture agreements (“JV”) and VIE agreements to set up an offshore joint venture structure and engage primarily in internet healthcare business in China. The company will own 60% of the stake in the joint venture and Ms. Dong will act as Director and Chief Executive Officer of the joint venture which primarily operates the Internet health business under the Group’s flagship.

Ms. DONG Yu has extensive experience and networks in the fields of Internet pharmaceutical and medical care services in China through her 15-year tenure in one of the largest groups operating in Internet regime in China, focusing particularly in the medical field and health services. She has held various key positions including Head of Commercial Division of Medical and Health Services, Head of Government Relations Department in charge of major projects and activities in cooperation with governments, and responsible for Sales Planning of Commercial Division. B2B, accumulating extensive experience in the areas of product research and design, e-commerce operation, marketing operation and strategic planning.

Mr. Yuen Hoi Po, Executive Director and CEO of Huayi Tencent

Entertainment, said: “The market for Internet health services is growing rapidly. Since last year, the Group has steadfastly developed a strategic layout in relevant areas by acquiring “Lingyi Future”, a new retail platform for prescription drugs. We continue to identify acquisition targets with projects with high growth potential, in order to seize the unprecedented opportunities brought by health reforms and the digitization of the industry. Ms. Dong’s membership will effectively strengthen the Group’s active implementation in the above strategic planning and strengthen the capacity of market operations to ensure successful development ”

1Financial PR (HK) Limited ?? 5 / F BOC Group Life Assurance Tower 136 Des Voeux Road Central Hong Kong ??136??5??

Press release

-To finish-

About Huayi Tencent Entertainment Company Limited

Huayi Tencent Entertainment Company Limited (stock code: 00419.HK) operates in two segments, namely healthcare and entertainment and media. The Group’s Healthcare business is focused on operating the “Bayhood No. 9 Club”, one of the best green health clubs in the PRC with well-equipped facilities such as a standard golf course, fitness facilities. spa as well as food and drink. related business to provide professional and excellent health and wellness services. The Group is also proactively developing the health business on the Internet. With regard to the Entertainment and Media business, the Group produces quality international films, animations and television series, and invests in international entertainment companies through mergers and acquisitions and the integration of resources, in the goal of creating an integrated platform with both content development and online-to-offline development. entertainment channels.

This press release is being distributed by Financial PR (HK) Limited on behalf of Huayi Tencent Entertainment Company Limited.

Media contacts

Financial PR (HK) Limited

Ms. Dawn Lee

E-mail: [email protected]

Ms. Elva Li

E-mail: [email protected]

Ms. Cita Zhang

E-mail: [email protected]

Phone. : (852) 2610 0846

Fax: (852) 2610 0842

2Financial PR (HK) Limited ?? 5 / F BOC Group Life Assurance Tower 136 Des Voeux Road Central Hong Kong ??136??5??

Disclaimer

Huayi Tencent Entertainment Corporation Limited published this content on October 11, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on October 11, 2021 03:31:00 AM UTC.

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