NetEase Cloud Music Inc. announced that it bought back 117,450 ordinary shares on 12 May 2026 through the Hong Kong Stock Exchange. The shares were repurchased at prices ranging from HKD 126.10 to HKD 129.10, with a volume-weighted average cost of HKD 127.67 per share, for a total consideration of HKD 14.99 million.

Following the transaction, the company’s issued shares (excluding treasury stock) fell by 0.06 % to 211.26 million, while treasury shares rose to 6.65 million. The total number of issued shares remained unchanged at 217.92 million.

The buyback was executed under the repurchase mandate granted on 25 June 2025, which authorises the company to repurchase up to 21.74 million shares. To date, NetEase Cloud Music has repurchased 6.32 million shares under this mandate, equivalent to 2.91 % of the shares outstanding on the mandate’s approval date.

In accordance with Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 11 June 2026.