NetEase Cloud Music Inc. (09899) Publishes Next Day Disclosure Return, Repurchases 95,950 Shares

Bulletin Express
02/20

According to the Next Day Disclosure Return dated 20 February 2026, NetEase Cloud Music Inc. (09899) repurchased 95,950 ordinary shares on the Hong Kong Stock Exchange. The repurchase constituted approximately 0.04416% of the company’s issued shares (excluding treasury shares) based on the opening balance as of 16 February 2026. The highest repurchase price per share reached HKD 158.20, while the lowest stood at HKD 153.80; the aggregate cost of the transaction was approximately HKD 15.00 million. Following this action, the company’s issued shares (excluding treasury shares) decreased to 217,199,573, and the total number of treasury shares rose to 702,900, keeping the overall share count at 217,902,473.

The resolution authorizing these share repurchases was granted on 25 June 2025, covering up to 21,739,953 shares. To date, the company has repurchased a total of 371,350 shares under this mandate, representing 0.1708% of the issued shares (excluding treasury shares) at the time of the resolution. A moratorium on any new share issuance or sale of treasury shares runs until 22 March 2026, in adherence with relevant regulatory requirements.

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