NetEase Cloud Music (09899) disclosed that on February 23, 2026, a total of 94,500 shares were repurchased, representing approximately 0.04% of the previously issued shares (excluding treasury shares). The repurchase was conducted at a volume-weighted average price of HKD 158.71 per share, leading to an aggregate payment of HKD 15.00 million.

According to the announcement, the total number of issued shares (excluding treasury shares) decreased from 217,199,573 shares to 217,105,073 shares, while treasury shares increased from 702,900 to 797,400 shares. The updated total number of issued shares remains 217,902,473. The moratorium period for any new issue of shares or sale or transfer of treasury shares remains in effect until March 25, 2026.