NetEase Cloud Music Inc. (NetEase Music) disclosed a share buy-back on 11 May 2026 involving 57,900 ordinary shares on the Hong Kong Stock Exchange. The shares were repurchased at prices ranging from HKD 123.80 to HKD 127.40, for a volume-weighted average consideration of HKD 125.64 per share and a total outlay of HKD 7.27 million.

Following the transaction, the company’s treasury stock increased from 6.48 million to 6.53 million shares, while issued shares outstanding declined marginally to 211.38 million. The buy-back represents 0.027 % of the company’s issued share base before the transaction. Total issued shares, including treasury holdings, remain unchanged at 217.92 million.

The repurchase formed part of the mandate approved on 25 June 2025, which authorises the company to buy back up to 21.74 million shares. Cumulative repurchases under this mandate now stand at 6.20 million shares, equivalent to 2.85 % of the share capital outstanding on the mandate-approval date.

Under Hong Kong Listing Rules, NetEase Music is subject to a moratorium on issuing new shares or disposing of treasury shares until 10 June 2026.