NetEase Cloud Music Inc. Announces New 2022 Restricted Share Unit Plan Using Existing Shares

Reuters

05-22

NetEase Cloud Music Inc. Announces New 2022 Restricted Share Unit Plan Using Existing Shares

NetEase Cloud Music Inc. has announced the grant of Awards under its 2022 Restricted Share Unit Plan as part of a new compensation agreement for eligible participants. On May 22, 2025, the company granted a total of 14,173 Awards to nine individual Employee Participants. Each Award entitles the holder to one Share, with a closing price of HK$206.60 per Share on the grant date. The Awards will vest over a three-year period starting June 1, 2025, with no purchase price required upon vesting. The vesting of these Awards is contingent on the Grantees meeting specific performance targets in their annual appraisals, and a clawback mechanism is in place for any misconduct.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netease Cloud Music Inc. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.

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Announces New 2022 Restricted Share Unit Plan Using Existing Shares","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      NetEase Cloud Music Inc. Announces New 2022 Restricted Share Unit Plan Using Existing Shares\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        NetEase Cloud Music Inc. has announced the grant of Awards under its 2022 Restricted Share Unit Plan as part of a new compensation agreement for eligible participants. On May 22, 2025, the company granted a total of 14,173 Awards to nine individual Employee Participants. Each Award entitles the holder to one Share, with a closing price of HK$206.60 per Share on the grant date. The Awards will vest over a three-year period starting June 1, 2025, with no purchase price required upon vesting. 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Announces New 2022 Restricted Share Unit Plan Using Existing Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-22 18:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      NetEase Cloud Music Inc. Announces New 2022 Restricted Share Unit Plan Using Existing Shares\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        NetEase Cloud Music Inc. has announced the grant of Awards under its 2022 Restricted Share Unit Plan as part of a new compensation agreement for eligible participants. On May 22, 2025, the company granted a total of 14,173 Awards to nine individual Employee Participants. Each Award entitles the holder to one Share, with a closing price of HK$206.60 per Share on the grant date. The Awards will vest over a three-year period starting June 1, 2025, with no purchase price required upon vesting. 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Netease Cloud Music Inc. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0463099449.HKD","symbol_name":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDLc3tf23:1","article_id":"2537383917","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537383917","pubTimestamp":1747908625,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"NetEase Cloud Music Inc. has announced the grant of Awards under its 2022 Restricted Share Unit Plan as part of a new compensation agreement for eligible participants. 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Announces New 2022 Restricted Share Unit Plan Using Existing Shares\n    \n\n        NetEase Cloud Music Inc. has announced the grant of Awards under its 2022 Restricted Share Unit Plan as part of a new compensation agreement for eligible participants. On May 22, 2025, the company granted a total of 14,173 Awards to nine individual Employee Participants. Each Award entitles the holder to one Share, with a closing price of HK$206.60 per Share on the grant date. The Awards will vest over a three-year period starting June 1, 2025, with no purchase price required upon vesting. The vesting of these Awards is contingent on the Grantees meeting specific performance targets in their annual appraisals, and a clawback mechanism is in place for any misconduct.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netease Cloud Music Inc. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}