Tencent Games Joins the Playing for the Planet Alliance to Champion Green Gaming
This collaboration reflects Tencent Games' commitment to sustainable innovation and environmental responsibility, aligning with Tencent's goal of achieving carbon neutrality across its operations and supply chain, by 2030. More importantly, it underscores Tencent's support of the gaming community and commitment to driving positive change in the industry.
"Tencent Games encompasses a diverse global ecosystem — from our homegrown studios to our global studio network — united by a shared commitment to building a sustainable video games business and future for all," said Brent Irvin, Corporate Vice President of Tencent. "Joining the Alliance underscores our belief that video games can be a force for good and a powerful platform for paving the way to a greener future. We look forward to close collaboration with partners across the industry to drive climate awareness and action through engaging, innovative gameplay experiences."
Tencent Games, along with its network of global studios, has already been working closely with the Alliance on its flagship initiative, the Green Game Jam, in which game developers create in-game activations that encourage players to take actions for the planet.
In 2025, Honor of Kings, developed by TiMi Studio Group and published by Level Infinite, launched a specially curated forest-themed campaign that integrates ecological conservation into gameplay, which created immersive engagement with the global community.
In 2024, Carbon Island, Tencent Games' carbon-neutral science game, and PUBG MOBILE, co-developed by LIGHTSPEED STUDIOS of Tencent Games and Krafton Inc., participated in Green Game Jam. PUBG MOBILE created the Play for Green global charity campaign. The Official and player-created maps in PUBG MOBILE's World of Wonder play mode were played over 1.4 billion times, reflecting the campaign's sustained engagement and global resonance. This campaign won the Media's Choice Award at the Green Game Award 2024.
Carbon Island was launched in 2022. It simulated the path of "Carbon Peaking - Carbon Neutral", and contained knowledge of emission reduction, low-carbon concepts and carbon sequestration means from various perspectives, such as industrial upgrading and transformation, personal energy-saving and emission reduction, and ecological protection. Carbon Island won the First to Implement Award from the Green Game Jam in 2022.
Craz3 Match, developed by TiMi Studio Group, reached players in China with engaging interactive content and educational information, guiding the players to explore the relationship between humans and nature. The campaign won the First to Implement Award in the 2021 Green Game Jam.
As a committed advocate for sustainability in gaming, Tencent Games and its network studios will continue to champion green action through the Green Game Jam, while collaborating with industry partners and experts to explore new programs that inspire positive environmental awareness among younger players.
As part of the commitment, Tencent Games will support the Alliance and gaming industry in its sustainability endeavors by developing training programs that empower game developers to integrate sustainability principles in their development practices, from energy-efficient operations to eco-conscious game design. Tencent Games is also collaborating with the Alliance to explore the development of an environmental awareness initiative for university students.
"The video games industry has the ability to engage, inspire and captivate the imaginations of billions of people across the world. This makes them a really important partner in addressing the nature and climate emergencies," said Sam Barratt, Chief of Youth, Education, and Advocacy at the UN Environment Programme (UNEP). "We are delighted that Tencent Games is committing to take further action on this agenda. Working with the video games industry to strengthen a collaborative and collective approach to reduce carbon emissions and build a more sustainable world is a mission more urgent than ever."
Tencent Games has been recognized for its sustainability initiatives. The company was awarded the Sustainability Award at Gamescom 2024, for its action-oriented commitments to operating its business sustainability.
About Tencent Games
Tencent Games was launched in 2003, and has since grown into a leading global platform for game development, publishing and operation, as well as the operator of the largest online game community in China. It is dedicated to offering engaging and high quality interactive entertainment experiences for players around the world. Tencent Games now offers more than 170 in-house developed and licensed games across 200 countries and regions, which provides hundreds of millions of users with cross-platform interactive entertainment experiences. Honor of Kings, PUBG MOBILE, League of Legends, Call of Duty: Mobile and Brawl Stars are some of our most popular titles around the world.
About the Playing for the Planet Alliance
The Playing For The Planet Alliance was launched during the Climate Summit at UN Headquarters in New York. In total, the members of the Alliance have the ability to reach more than 1 billion video game players. In joining the Alliance, members have made commitments ranging from integrating green activations in games, reducing their emissions, and supporting the global environmental agenda through initiatives ranging from planting millions of trees to reducing plastic in their products.
About the UN Environment Programme (UNEP)
The UN Environment Programme is the leading global voice on the environment. It provides leadership and encourages partnership in caring for the environment by inspiring, informing, and enabling nations and peoples to improve their quality of life without compromising that of future generations.
For further information on the Playing for the Planet Alliance, contact alex.avard@playing4theplanet.org
Media Enquires:
Edelman for Tencent Games June Wong +852 6986 5822June.wong@edelman.com
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SOURCE Tencent Games
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TME encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. Non-IFRS net profit for the period represents profit for the period excluding amortization of intangible and other assets arising from business acquisitions or combinations, share-based compensation expenses, net losses/gains from investments and related income tax effects. Please see the "Unaudited Non-IFRS Financial Measure" included in this press release for a full reconciliation of non-IFRS net profit for the period to its net profit for the period. [1] Non-IFRS net profit attributable to equity holders of the Company was arrived at after excluding the combined effect of amortization of intangible assets and other assets arising from business acquisitions or combinations, share-based compensation expenses, net losses/gains from investments, and related income tax effects. [2] Names grouped by artists and bands, sorted in alphabetical order by family names. About Tencent Music Entertainment Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to create endless possibilities with music and technology. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. Investor Relations Contact Tencent Music Entertainment Groupir@ +86 (755) 8601-3388 ext. 885034 TENCENT MUSIC ENTERTAINMENT GROUP CONSOLIDATED INCOME STATEMENTSThree Months Ended June 30Six Months Ended June 302024202520242025 RMB RMB US$ RMB RMB US$ Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited (in millions, except per share data)(in millions, except per share data) RevenuesOnline music services 5,4246,85495710,43112,6581,767 Social entertainment services and others 1,7361,5882223,4973,1404387,1608,4421,17813,92815,7982,205 Cost of revenues (4,150)(4,693)(655)(8,147)(8,807)(1,229) Gross profit 3,0103,7495235,7816,991976 Selling and marketing expenses (210)(216)(30)(397)(415)(58) General and administrative expenses (938)(940)(131)(1,887)(1,884)(263) Total operating expenses (1,148)(1,156)(161)(2,284)(2,299)(321) Interest income 3042543558255177 Other gains, net 3213118782,571359 Operating profit 2,1982,9784164,1577,8141,091 Share of net profit of investments accountedfor using equity method 5416236395 Finance cost (26)(12)(2)(56)(37)(5) Profit before income tax 2,2262,9824164,1377,8161,091 Income tax expense (432)(515)(72)(813)(961)(134) Profit for the period 1,7942,4673443,3246,855957 Attributable to:Equity holders of the Company 1,6822,4093363,1046,700935 Non-controlling interests 11258822015522 Earnings per share for Class A and Class Bordinary sharesBasic 0.540.790.111.012.190.31 Diluted 0.540.780.110.992.160.30 Earnings per ADS (2 Class A shares equal to 1 ADS)Basic 1.091.570.222.024.380.61 Diluted 1.071.550.221.994.320.60 Shares used in earnings per Class A and Class B ordinary share computation:Basic 3,087,608,7983,059,783,0733,059,783,0733,072,305,4553,057,167,2913,057,167,291 Diluted 3,138,833,8163,102,937,5473,102,937,5473,122,535,4633,098,531,9423,098,531,942 ADS used in earnings per ADS computationBasic 1,543,804,3991,529,891,5371,529,891,5371,536,152,7281,528,583,6451,528,583,645 Diluted 1,569,416,9081,551,468,7731,551,468,7731,561,267,7321,549,265,9711,549,265,971 TENCENT MUSIC ENTERTAINMENT GROUP UNAUDITED NON-IFRS FINANCIAL MEASUREThree Months Ended June 30Six Months Ended June 302024202520242025 RMB RMB US$ RMB RMB US$ Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited (in millions, except per share data)(in millions, except per share data) Profit for the period 1,7942,4673443,3246,855957 Adjustments:Amortization of intangible and other assets arising from business acquisitions or combinations* 103891222119427 Share-based compensation 1641472135730843 (Gains)/ losses from investments** (21)(2)-16(2,377)(332) Income tax effects*** (55)(61)(9)(121)(114)(16) Non-IFRS Net Profit 1,9852,6403693,7974,866679 Attributable to:Equity holders of the Company 1,8732,5743593,5774,698656 Non-controlling interests 11266922016823 Earnings per share for Class A and Class B ordinary sharesBasic 0.610.840.121.161.540.21 Diluted 0.600.830.121.151.520.21 Earnings per ADS (2 Class A shares equal to 1 ADS)Basic 1.211.680.232.333.070.43 Diluted 1.191.660.232.293.030.42 Shares used in earnings per Class A and Class B ordinary share computation:Basic 3,087,608,7983,059,783,0733,059,783,0733,072,305,4553,057,167,2913,057,167,291 Diluted 3,138,833,8163,102,937,5473,102,937,5473,122,535,4633,098,531,9423,098,531,942 ADS used in earnings per ADS computationBasic 1,543,804,3991,529,891,5371,529,891,5371,536,152,7281,528,583,6451,528,583,645 Diluted 1,569,416,9081,551,468,7731,551,468,7731,561,267,7321,549,265,9711,549,265,971 * Represents the amortization of identifiable assets, including intangible assets such as domain name, trademark, copyrights, supplier resources, corporate customer relationships and non-compete agreement etc., and fair value adjustment on music content (i.e., signed contracts obtained for the rights to access to the music contents for which the amount was amortized over the contract period), resulting from business acquisitions or combination. ** Including the net gains/losses on deemed disposals/disposals of investments, fair value changes arising from investments, impairment provision of investments and other expenses in relation to equity transactions of investments. *** Represents the income tax effects of Non-IFRS adjustments. TENCENT MUSIC ENTERTAINMENT GROUP CONSOLIDATED BALANCE SHEETSAs at December 31, 2024As at June 30, 2025 RMB RMB US$ Audited Unaudited Unaudited (in millions) ASSETS Non-current assets Property, plant and equipment803963134 Land use rights2,3642,327325 Right-of-use assets29531043 Intangible assets2,0493,047425 Goodwill19,64720,4652,857 Investments accounted for using equity method 4,6691,859260 Financial assets at fair value through other comprehensive income 14,49834,2544,782 Other investments30930843 Prepayments, deposits and other assets42526337 Deferred tax assets42243160 Term deposits10,41912,7691,782 55,90076,99610,748Current assets Inventories23324 Accounts receivable3,5083,729521 Prepayments, deposits and other assets3,7934,900684 Other investments46507 Term deposits13,99911,1471,556 Restricted Cash 11203 Cash and cash equivalents13,16410,9991,535 34,54430,8774,310Total assets90,444107,87315,058 EQUITY Equity attributable to equity holders of the Company Share capital220 Additional paid-in capital29,03529,4634,113 Shares held for share award schemes(520)(545)(76) Treasury shares (550)(939)(131) Other reserves19,84530,8614,308 Retained earnings20,05125,0363,495 67,86383,87811,709 Non-controlling interests1,8632,497349Total equity69,72686,37512,057LIABILITIES Non-current liabilities Notes payables3,5723,559497 Other payables and other liabilities-34548 Deferred tax liabilities19861686 Lease liabilities21923232 Deferred revenue 17925035 4,1685,002698Current liabilities Accounts payable 6,8796,956971 Other payables and other liabilities3,3813,010420 Notes payables2,1542,147300 Current tax liabilities934851119 Lease liabilities10610415 Deferred revenue3,0963,428479 16,55016,4962,303Total liabilities20,71821,4983,001Total equity and liabilities90,444107,87315,058 TENCENT MUSIC ENTERTAINMENT GROUP CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSThree Months Ended June 30Six Months Ended June 30 2024202520242025 RMB RMB US$ RMB RMB US$ Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited (in millions)(in millions)Net cash provided by operating activities 2,9441,6382295,6304,157580 Net cash provided by/(used in) investing activities 693(633)(88)(4,805)(3,854)(538) Net cash used in financing activities(1,611)(2,056)(287)(2,133)(2,512)(351) Net increase/(decrease) in cash and cash equivalents 2,026(1,051)(147)(1,308)(2,209)(308) Cash and cash equivalents at beginning of the period10,21812,0221,67813,56713,1641,838 Exchange differences on cash and cash equivalents7284(8)446 Cash and cash equivalents at end of the period12,25110,9991,53512,25110,9991,535 View original content: SOURCE Tencent Music Entertainment Group
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TENCENT GAMES RETURNS TO GAMESCOM 2025 WITH ITS BIGGEST EVER LINEUP OF GLOBAL GAMES
COLOGNE, Germany, Aug. 11, 2025 /CNW/ -- Tencent Games, a leading global platform for game development, publishing and operations, is thrilled to announce its participation in gamescom 2025, taking place in Cologne, Germany, from August 20 to 24. This year's showcase represents the company's most expansive presence to date, spotlighting over a dozen groundbreaking titles from across its owned and partner studios and publishing divisions. From iconic franchises to bold original creations and cutting-edge gaming technologies, Tencent Games is shaping the future of gaming by driving innovation and fostering deeper connections across the global gaming community. Tencent Games' presence at gamescom 2025 Kicking off its most ambitious gamescom yet, Tencent Games is playing a leading role in shaping a sustainable future for the gaming industry. Rick Li, Producer of PUBG MOBILE, will speak at the Playing for the Planet (P4P) Panel at the gamescom congress on August 21. Joining fellow industry leaders from Ubisoft, Unity Technologies and Xbox, Li will contribute to the panel "Level up for impact: How Consoles, Engines and AAA games are driving efficiency upstream and inspiring action downstream with players." This discussion will highlight how different parts of the video games industry can contribute upstream by reducing emissions, while also engaging players downstream to raise environmental awareness and inspire meaningful action. In addition, Tencent Games will share valuable insights at devcom, gamescom's developer conference running from August 18 to 19. On August 18, sessions will explore technological innovations such as AI and anti-cheat, followed by a deep dive into the role of the audiovisual language in Delta Force: Black Hawk Down on August 19. Further, VISVISE, Tencent Games' AI-powered game development solution will make its global debut at gamescom and devcom; the AI tools, GoSkinning and MotionBlink, will transform production pipelines and enhance development efficiency by automating character skinning workflow and motion capture. These highly anticipated new innovations and proprietary tools will be showcased at the Tencent Games B2B booth (Hall 4 & 4.2), underscoring its commitment to global collaboration and technological development. Bringing beloved gaming titles to the global stage On the show floor, TiMi Studio Group together with Tencent's other studios will be presenting a wave of new game titles and updates across a wide range of genres. Here's what fans can expect from Tencent at gamescom this year: Fate Trigger (Saroasis Studios) – Combining anime flair with tactical action, Fate Trigger offers a fresh twist to the Battle Royale genre, a game that's easy to jump into, rewarding to master and welcoming to gamers of all skill levels. In its recent Closed Beta Test, the game rolled out major updates including new playable characters, game modes and powerful items. Bringing more surprises to players at gamescom, Fate Trigger will debut a new trailer at the Opening Night Live alongside exciting hands-on experiences at Hall 6, Booth B-051. Honor of Kings: World (TiMi Studio Group) – This highly anticipated new multiplayer adventure RPG, a stunning Eastern Fantasy reimagining the Honor of Kings universe, will be revealed at gamescom Opening Night Live 2025. Visitors will have an exclusive opportunity to experience this brand-new world at the Honor of Kings: World Booth (Hall 9, Booth B040), featuring a hands-on demo with mouse and keyboard or controller support, on-stage boss challenge, and fun photo opportunities. Interstellar Utopia (Pixel Software) – Previously known as Silicon Universe, Interstellar Utopia is a cross-platform open cosmic sandbox that invites players to explore vast, boundless galaxies without loading screens or server barriers. Fans of space exploration and interstellar experiences can now explore vast galaxies inhabited by different civilizations and cyborgs, in a hands-on demo of the game available during gamescom at Hall 10.1 B-053. PUBG MOBILE (Co-developed by LIGHTSPEED STUDIOS of Tencent Games and KRAFTON, Inc.) – PUBG MOBILE continues to innovate, evident by its highly anticipated new ghost-themed gameplay. Coming to Version 4.0, this all-new experience will offer players a variety of ghost abilities and mechanics they will need to master. Unfail, the brand-new Asymmetric PvP mode, is also scheduled to launch with Version 4.0. PUBG MOBILE's commitment to providing its community with fresh and engaging content means it now offers an experience that goes beyond Battle Royale. Hands-on demo experiences will be offered to players during gamescom at Hall 6.1 Booth C-071-A070. Rust Mobile (Officially licensed by Facepunch Studios) – Staying true to the uncompromising spirit of the original, Rust Mobile delivers a survival experience fans know and love. From open-world exploration and ruthless PvP combat, to base building and the tension of trust and betrayal, the mobile version captures the essence of Rust. Players will get a chance to be among the first to try an exclusive hands-on demo of Rust Mobile at gamescom at Hall 6 C-051g, revisiting the expansive world of Rust on mobile. Terminull Brigade (PewPew Games) – Set inside a collapsing virtual-reality construct known as the Nullverse, Terminull Brigade casts players as Rogueteers, a band of digital warriors fighting to free the Nullverse from malevolent shadow algorithms. This Co-op Action-Roguelike Shooter has officially launched globally on July 30, and PewPew Games will bring an immersive experience for players during gamescom, including hands-on and more surprises at Hall 6 C-051g. Join Tencent Games at gamescom 2025 to see and experience first-hand how it's collaborating with its studios to build the future of global gaming. About Tencent Games Tencent Games was launched in 2003, and has since grown into a leading global platform for game development, publishing and operation, as well as the operator of the largest online game community in China. It is dedicated to offering engaging and high quality interactive entertainment experiences for players around the world. Tencent Games now offers more than 170 in-house developed and licensed games across 200 countries and regions, which provides hundreds of millions of users with cross-platform interactive entertainment experiences. Honor of Kings, PUBG MOBILE, League of Legends, Call of Duty: Mobile and Brawl Stars are some of our most popular titles around the world. ### APPENDIX: Details on Tencent Games' Devcom Speaking Slots Tencent Games @ Devcom Developer Conference The Invisible War Against Mobile Game Cheats – A Global Defense Perspective Monday, August 18 | 2025 12:45 PM to 1:15 PM at Stage 2 - Mobile Track | Confex Level 1 Yue Wang, Director of Anti-Cheat Operations at Tencent Games AI Redefining Animation Production – End-to-end Innovation in Character AnimationMonday, August 18 | 2025 1:45 PM to 2:15 PM at Stage 5 - Confex Level 2 Zijiao Zeng, Principle AI Researcher at Tencent Games Smoke and Echoes: The Violence and Poetry of Sound Narrative in 'Delta Force: Black Hawk Down'Tuesday, August 19 | 2025 11:15 AM to 12:15 at Stage 1 - Confex Level 1 Merle Chen, Audio Lead at Tencent Games Shuai Zhen, Sound Designer at Tencent Games Luke Wang, Audio Designer at Tencent Games View original content to download multimedia: SOURCE Tencent Games View original content to download multimedia: Sign in to access your portfolio
