2004.62004.6
1999.21999.21998.111998.11
2000.62000.6
2003.82003.8
2005.62005.6
2007.52007.5
2008.62008.6
2010.32010.3
2010.112010.11
2003.122003.12
2Source: company data
Key Company Milestones
Founded in Shenzhen
Launched QQ IM
Developed first MVAS in China – Mobile QQ
Launched casual game platform “QQ game”
Launched online portal “qq.com”
Listed on HK Stock Exchange
Launched SNS Platform“Q-zone”
Initiated Tencent Charity Foundation
Became Hang Seng Index Constituent Stock
Launched first investment grade bond by non-US internet company
QQ Peak Concurrent Users Exceeded 100 mn
QQ Peak Concurrent Users Exceeded 100 mn
Launched Open Platform Launched Open Platform
2011.62011.6
One-Stop Online Lifestyle Experience
Single AccountIntegrated Social
GraphUnified Billing
SolutionDesktop and
Mobile3
E-Payment (Tenpay)
eCommerce (Paipai)
Search (Soso)
SNS (Pengyou, QZone)
Desktop/ OS(Q+)
Micro-blogging(QQ Weibo)
Open Platform Benefits Partners & Users
More than 200,000 third-party apps registered
4Note: Includes third party apps on QQ Game Platform
39% 34% 41% 39%38% 42% 41%
5
Rapid Revenue Growth & Healthy MarginsRevenue (in bn USD)
Net IncomeMargin
Source: Tencent annual reports
3.0
1.8
1.1
0.60.4
0.20.2
4.5
20112010200920082007200620052004
CAGR56%
36%
6
Largest Internet Company in China by Revenue
FY2011(bn USD)
Annual Revenue(bn USD)
Market Cap.
Note: * Shanda market Cap. only includes Shanda Game. Source: Company annual reports; Google Finance Aug.17 2012
2.1
3.7
2.2
1.6
8.7
6.5
46.7
59.6
Youku
Sina
Shanda
Sohu
Alibaba
Netease
Baidu
Tencent
*
0.1
0.5
0.8
0.9
1.0
1.2
2.3
4.5
7
Among Largest Internet Companies Globally
Market Capitalizations of Largest Internet Companies
(bn USD)
Source: Google Finance Aug.17 2012
43475960
109
220
AmazonGoogle eBayTencent FacebookBaidu
Outstanding Returns to Our Shareholders
5-Year Performance Comparison(Tencent vs. Hang Seng & NASDAQ Index)
NASDAQ HANG SENG INDEXTENCENT
Source: Google Finance data from Jan. 2007 to Aug.17 2012Note: The chart is plotted on an arithmetic scale 8
To be the most respected internet company
愿景 : 最受尊敬的互联网企业
Enhance people’s quality of life through Internet services
使命 : 通过互联网服务提升人类生活品质
Integrity, Proactive, Collaboration & Innovation
价值观 : 正直,进取,合作,创新
Consumer value as first priority
一切以用户价值为依归
Care for the development of employees
关心员工成长
Vision
Mission
Value
Mgmt. Philosophy
Our Culture & Values
Business Philosophy
9