Netease - NTES STOCK NEWS

NetEase, Inc. filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, accessible on its investor relations website. Shareholders can request a hard copy of the report with audited financial statements at no cost. Additionally, the company plans to release its 2022 Environmental, Social, and Governance (ESG) Report on April 28, 2023, detailing its progress in key ESG areas. NetEase, a leading internet technology company in China, specializes in content creation and operates popular mobile and PC games. Its subsidiaries include Youdao (NYSE: DAO) and Cloud Music (HKEX: 9899), contributing to its diverse offerings.

NetEase, Inc. (NASDAQ: NTES) has launched a new game studio, AnchorPoint Studios, focusing on immersive action-adventure games. Founded by Paul Ehreth, a veteran game director with over 20 years of experience, the studio is based in Barcelona and Seattle. They aim to hire around 100 developers, artists, and designers to work on innovative gaming experiences that blend social elements and multiplayer functionality.

AnchorPoint Studios embraces the motto 'Per aspera, ad astra' (‘Through hardship, to the stars’), reflecting their ambition to explore uncharted territories in game design. With significant expertise from its team, which includes professionals from acclaimed titles like Halo and Red Dead Redemption 2, the studio aims to create interconnected worlds that extend beyond gaming.

Youdao, Inc. (NYSE: DAO), an intelligent learning company based in China, has announced its 2022 Annual General Meeting (AGM) scheduled for May 16, 2023, from 3:00 to 5:00 p.m. Beijing Time. The AGM will take place at the company's offices in Zhongguancun Software Park. Notably, no proposals will be submitted for shareholder approval during this meeting; instead, it will serve as a platform for shareholders and ADS owners to discuss company affairs with management. Youdao is recognized for its technology-driven learning solutions, leveraging products like Youdao Dictionary and innovative educational devices. Founded in 2006 and part of NetEase, Inc. (NASDAQ: NTES), the company continues to evolve its offerings across various educational sectors.

On March 30, 2023, Cloud Music Inc. (HKEX: 9899), a top music streaming service in China, renewed its distribution agreement with Rock Records Co., Ltd., a major independent record label in Asia. This renewal grants Cloud Music rights to distribute Rock Records' entire music catalog, including future releases. The partnership aims to enhance artist promotion and explore copyright cooperation, allowing sublicensing for various multimedia uses. Rock Records has a rich history in Mandopop and nurtures upcoming talent, further enriching Cloud Music's offerings, especially among younger audiences.

NetEase (NASDAQ: NTES) announced a fanfiction contest themed around its SLG game, The Lord of the Rings: Rise to War, on March 29, 2023. Participants can write stories about the character Mathom Peddler, with winners receiving round-trip tickets to Hobbiton in New Zealand or a $2,000 cash prize. The game, which is a real-time strategy title set in Middle-earth, allows players to engage with iconic characters and factions. Recognized for its quality, it received the Google Play 'Best of 2022' award. This initiative aims to boost player engagement while enhancing the game's community interaction.