NetEase Music (NetEase Cloud Music Inc.) reported a share buy-back on 6 May 2026, purchasing 126,600 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HK$117.30 to HK$120.00, with a volume-weighted average of HK$118.47. The aggregate outlay was HK$14.99 million.

Following the transaction, issued shares outstanding (excluding treasury) fell by 0.06 % to 211.68 million, while treasury shares increased to 6.23 million. Total issued capital remained unchanged at 217.92 million shares. All repurchased shares were retained as treasury stock.

The buy-back was executed under the mandate approved on 25 June 2025, which authorises the company to repurchase up to 21.74 million shares. Cumulative repurchases under this mandate now stand at 5.90 million shares, representing approximately 27 % of the authorised limit.

Pursuant to Hong Kong listing rules, NetEase Music is restricted from issuing new shares or disposing of treasury shares until 5 June 2026.