As of 12/31/2024, Tracenable has captured detailed data on Tencent Music's corporate ownership structure, providing a comprehensive view of its downstream entities and the role within the broader group hierarchy.a
The dataset includes information on 9 affiliated entities, encompassing subsidiaries, joint ventures, associates, and other related companies in which Tencent Music holds an equity interest or exercises control as the ultimate parent.a
Tracenable's data also records effective ownership percentages that Tencent Music holds across these entities, providing transparency into its corporate control, ownership hierarchy, and group governance practices.a
| Entity Name | Country | Type | Ownership | LEI | PermID |
|---|---|---|---|---|---|
Tencent Music Entertainment Hong Kong Limiteda | HKG | Subsidiary | 100% | ||
Tencent Music (Beijing) Co., Ltda | CHN | Subsidiary | 100% | ||
Yeelion Online Network Technology (Beijing) Co., Ltd.a | CHN | Subsidiary | 100% | ||
Tencent Music Entertainment Technology (Shenzhen) Co., Ltd.a | CHN | Subsidiary | 100% | ||
Guangzhou Shiyinlian Software Technology Co., Ltd.a | CHN | Subsidiary | 100% | ||
Guangzhou Kugou Computer Technology Co., Ltd.a | CHN | Structured Entity | 100% | ||
Beijing Kuwo Technology Co., Ltd.a | CHN | Structured Entity | 100% | ||
Tencent Music Entertainment (Shenzhen) Co., Ltd.a | CHN | Subsidiary | 100% | ||
Shenzhen Lanren Online Technology Co., Ltda | CHN | Subsidiary | 100% |
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Tracenable's dataset provides geographic insights into Tencent Music's group entities, revealing where its subsidiaries, joint ventures, associates, and affiliates are located worldwide.a
In total, the Tencent Music group consists of 9 entities distributed across 2 countries, reflecting the company's global footprint and jurisdictional presence.a
This visualization highlights the geographical distribution of Tencent Music's corporate structure, helping assess its international exposure, operational reach, and cross-border governance landscape.a
In 2024, Tracenable identified that the Tencent Music group consisted of 9 entities operating across 2 countries.a
This indicates a limited geographic diversification, reflecting Tencent Music's expansion strategy, global footprint, and cross-border exposure.a
Tencent Music's subsidiaries and affiliates are primarily concentrated in Asia, which host 100% of its total entities.a
This regional distribution suggests that Tencent Music's operational and financial activities are centered in these markets, either due to core business operations, supply chain proximity, or favorable regulatory environments.
Tencent Music shows a moderate to high level of transparency regarding its ownership structure.
The disclosure includes information on subsidiaries, joint ventures, and associates, allowing partial visibility into the company's downstream relationships and areas of shared control.a
While not a full edge-level disclosure, the data still provides meaningful insight into Tencent Music's governance framework and group composition, positioning it among more transparent reporters in its industry.
No. Tracenable's data does not indicate any entities registered in jurisdictions typically categorized as low-tax or offshore financial centers, suggesting that Tencent Music's ownership network is primarily domiciled in standard corporate jurisdictions or that Tencent Music does not provide full transparency on its corporate structure.a