On 03 March 2026, NetEase Cloud Music (09899) reported a repurchase of 100,800 ordinary shares. According to the disclosure, the purchase prices ranged from HKD 146.00 to HKD 151.90 per share, resulting in an aggregate transaction value of 14.99 million HKD. The number of repurchased shares held as treasury shares increased from 1.28 million to 1.38 million by the close of 03 March 2026.

Prior to the repurchase, there were 216.63 million issued shares (excluding treasury shares), which decreased to 216.52 million. The total issued share capital (including treasury shares) remained at 217.91 million. The repurchase mandate, approved on 25 June 2025, authorized up to 21.74 million shares for repurchase, with a cumulative 1.05 million shares repurchased to date. A moratorium period restricting new share issuance or the sale of treasury shares is in effect until 02 April 2026.