Huayi Brothers Media Corporation announced that it has signed a supplemental agreement with Tencent Music according to its actual operation needs and arrangements. The supplemental agreement adjusts the non-exclusive proprietary license stipulated in the renewal agreement to a permanent non-exclusive authorization. Tencent Music offsets the unpaid copyright usage fee under the original agreement to repay Huayi Music and the company's planned refund amount, and after offsetting, there are no unpaid amounts from any party. At the same time, they will continue to complete the new song delivery in accordance with the renewal agreement and cooperate exclusively first according to Supplemental Agreement 1.
华谊兄弟：与腾讯音乐签署补充协议
Huayi Brothers Media Corporation: Signed supplementary agreement with Tencent Music.
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