NetEase Music reported the repurchase of 111,050 ordinary shares on 08 April 2026 via on-exchange transactions. The shares were bought at prices ranging from HKD 131.90 to HKD 137.00, at a volume-weighted average cost of HKD 135.05, bringing total cash outflow for the day to HKD 15.00 million.

\n\nFollowing the transaction, the company’s issued share capital (excluding treasury shares) declined by 0.05 percentage points to 214.02 million shares, while treasury stock increased to 3.89 million shares. The total number of issued shares remained unchanged at 217.92 million.

\n\nSince obtaining the current buyback mandate on 25 June 2025—authorizing a maximum repurchase of 21.74 million shares—NetEase Music has repurchased 3.56 million shares, equivalent to 1.64 % of the outstanding share count on the mandate date. All shares repurchased to date are being held in treasury; none have been cancelled.

\n\nIn line with Hong Kong Listing Rule 10.06, the company is subject to a moratorium on new share issues or further sales of treasury shares until 08 May 2026.