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Thats a good question
https://www.ringofelysiumonline.com/webprivacy.htm
It's not a hypothesis, TCH Scarlet Limited is owned by Tencent. As to why RoE changed from Tencent to TCH Scarlet Limited is only a question either of the companies could answer. Though it's not far fetched to wonder if the below quote has something to do with it.
While that's true it does raise a few more questions about the future of the game.
Edit: And I don't mean that to sound disregarding, but I already saw all that