NetEase Releases Annual Report and ESG Report

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NetEase, Inc., a leading internet and game services provider, recently shared some exciting news. The company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. This report is now accessible on NetEase’s investor relations website at http://ir.netease.com/.

Shareholders and ADS holders are in for a treat as NetEase will provide a hard copy of the annual report, featuring the audited consolidated financial statements, free of charge, upon request. To get your hands on this informative document, simply reach out to the IR Department at NetEase, Inc., located at NetEase Building, No. 399 Wangshang Road, Binjiang District, Hangzhou, 310052, People’s Republic of China.

But that’s not all! NetEase has also published its 2023 Environmental, Social and Governance (ESG) Report. This report highlights the company’s progress and performance in key ESG areas. If you’re interested in diving deep into NetEase’s commitment to environmental sustainability, social responsibility, and good governance practices, you can find the full ESG report in the dedicated section on the company’s investor relations website.

NetEase, Inc. is known for its extensive gaming ecosystem, offering a diverse range of mobile and PC games in China and globally. With a focus on premium content and continuous innovation, NetEase creates exceptional gaming experiences for its enthusiastic community of players. The company also ventures beyond gaming by providing services through its subsidiaries, including Youdao, a leading intelligent learning company, and Cloud Music, a popular online music platform. NetEase’s private label consumer lifestyle brand, Yanxuan, adds to its diverse portfolio.

For more information about NetEase and its latest updates, visit NetEase’s official investor relations website. If you have any media or investor inquiries, feel free to contact them via email at [email protected] or call (+86) 571-8985-3378.

SOURCE: NetEase, Inc.

NetEase, Inc., one of the leading internet and game services providers, recently released its annual report for the fiscal year ended December 31, 2023. The report provides an overview of the company’s financial performance and key highlights. This annual report is available on NetEase’s investor relations website, which offers detailed insights into the company’s operations, financial statements, and strategic initiatives.

In addition to the annual report, NetEase has also published its 2023 Environmental, Social, and Governance (ESG) Report. This report outlines the company’s efforts and achievements in key areas such as environmental sustainability, social responsibility, and good governance practices. It demonstrates NetEase’s commitment to corporate citizenship and its contribution to addressing societal challenges.

NetEase’s strong presence in the gaming industry has played a significant role in its success. The company’s gaming ecosystem offers a diverse range of mobile and PC games, catering to the Chinese market as well as a global audience. NetEase’s focus on premium content and continuous innovation has resulted in exceptional gaming experiences for its dedicated player community.

In addition to its gaming offerings, NetEase provides services through its subsidiaries, including Youdao, a prominent intelligent learning company, and Cloud Music, a popular online music platform. NetEase’s diversified portfolio also includes Yanxuan, a private label consumer lifestyle brand.

Looking at current market trends, the gaming industry continues to grow rapidly, driven by the increasing popularity of mobile gaming and the emergence of new technologies such as virtual reality and cloud gaming. NetEase’s strong position in the market and its ability to deliver high-quality gaming experiences give it a competitive edge. Furthermore, the company’s expansion into other sectors, such as intelligent learning and online music, diversifies its revenue streams and mitigates risks associated with a single industry focus.

However, there are also challenges and controversies associated with NetEase’s operations. The gaming industry faces scrutiny over issues such as addiction among players and in-game spending. Regulatory changes in China and other regions could impact the company’s business operations and revenue generation. NetEase will need to continue to adapt and navigate these challenges to sustain its growth in the long run.

In summary, NetEase’s annual report and ESG report provide valuable insights into the company’s financial performance, commitments, and achievements. The company’s strong presence in the gaming industry, diversified portfolio, and focus on innovation position it well for future growth. However, challenges such as regulatory changes and industry controversies should be monitored closely.

For more information about NetEase and its latest updates, you can visit their official investor relations website at http://ir.netease.com/. If you have any media or investor inquiries, you can contact them via email at [email protected] or by calling (+86) 571-8985-3378.

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