Tencent responds to the approval of the acquisition of Himalaya's equity: We will fulfill all commitments seriously and ensure that the transaction is legally compliant and progresses smoothly.

Today, the State Administration for Market Regulation issued an announcement approving the acquisition of shares of Ximalaya by Tencent Holdings Limited with additional restrictive conditions. This case is of great significance for maintaining a fair competition order in the online audio streaming platform market and the network music streaming platform market in China, preventing "cannibalistic" competition in the platform field, and promoting innovation and healthy development of the platform economy. This evening, Tencent's "Goose Factory Bulletin Board" issued a statement saying, "We will strictly abide by the State Administration for Market Regulation's announcement on the approval of the acquisition of Ximalaya by Tencent Holdings Limited with additional restrictive conditions for anti-monopoly review, conscientiously fulfill all commitments, and ensure that the transaction is lawfully and compliantly carried out." Tencent also stated, "We will continue to firmly maintain the fair competition order in the market, strive to provide users with better services, and promote the healthy and orderly development of the industry."