Tencent Music Entertainment Group (TME) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

We'll be right back. Why can't I believe that you're in my dreams? I'm sorry that I lost you You used to look up to the mountains for me But I always made you blush But now I can't believe it We may not meet again People come and look at their old memories. Why do they wake up and go to their dreams? Why do they wake up and stay in their dreams? The nine windows in the sky are like the nine windows. The snow falls on the bottom of my heart. One thousand, one hundred, zero, one time in my eyes. Your outline is like a dream. If I remember it clearly, there is a shadow. When I wake up, that person is you. Every time I run towards you from my dream. I put the ending in your arms. I haven't seen you for a long time, where have you been? I've left a lot of memories for you I'm sorry that I lost you You once turned your eyes for me And I always made you blush Thank you. Thank you. Good evening, good morning, and welcome to Tencent News Entertainment's fourth quarter and four-year 2025 earnings conference call. I'm Nolte, and you have a high hour. We announced our financial results earlier today before the U.S. market opened. The earnings release is now available on our website and by the newswire services. During today's call, you'll hear from Mr. Kashin Pong, our executive chairman, and Mr. Ross Leung, our CEO, who will share an overview of our company's strategies and business outputs. Then Ms. Shirley Wu, our CFO, will discuss our financial results before we open the call for questions. Before we continue, I refer you to the same privacy note in our end. Please note that we're discussing non-IFRS measures today, which are authorities going to reconcile to the most comparable measures reported under IFRS and that is reducing violence with the SEC. All participants are mut...