HANGZHOU, China, Dec. 26, 2025 — NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase” or the “Company”), a top internet and game services provider, today revealed that Yingfeng Ding will retire from his roles as Executive Vice President and head of the Interactive Entertainment Group (a segment of NetEase’s online games division) on December 31, 2025, after 23 years with the firm.
“We’d like to express our heartfelt thanks to Mr. Yingfeng Ding for his commitment and contributions,” stated Mr. William Ding, NetEase’s Chief Executive Officer and Director. “He was key to the success of our flagship games and played a crucial part in developing our R&D and operational capacities.”
Following his retirement, Mr. Yingfeng Ding will continue to serve as a consultant for NetEase throughout 2026.
About NetEase, Inc.
NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase”) is a leading internet and game services provider focused on premium content. Boasting a wide range of offerings within its growing gaming ecosystem, the Company creates and runs some of the most well-liked and long-standing mobile and PC games in China and around the world.
Supported by one of the largest in-house game R&D teams specializing in mobile, PC, and console titles, NetEase crafts high-quality gaming experiences, motivates players, and enthusiastically provides value to its vibrant global community. By integrating culture into play and technology into education, NetEase turns gaming into a meaningful tool for creating a more enjoyable and enlightened world.
Beyond gaming, NetEase’s service portfolio includes its majority-owned subsidiaries: Youdao (NYSE: DAO), an intelligent learning and advertising solutions provider; NetEase Cloud Music (HKEX: 9899), a renowned online music platform with a lively content community; and Yanxuan, NetEase’s private-label consumer lifestyle brand.
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Forward Looking Statements
This announcement includes forward-looking statements, which are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can recognize these statements by terms like “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar expressions. Additionally, non-historical statements—such as those about NetEase’s strategies and business plans, its expectations for business growth and revenue, and management quotes in this announcement—are forward-looking. NetEase may also issue forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), announcements on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), press releases, other written materials, or oral statements by its officers, directors, or employees to third parties.
The accuracy of these statements could be affected by various business risks and uncertainties that may lead actual results to differ significantly from projections. These risks include: the online games market failing to continue growing or NetEase losing its market position in China or globally; risks tied to NetEase’s business and operational strategies and its ability to execute them; NetEase’s capacity to develop and manage its operations and business; competition for capital, technology, skilled personnel, and other resources; potential regulatory changes in the markets where NetEase operates; NetEase’s inability to consistently create new and innovative online services or to timely set or follow market trends; risks from changing economic cycles and geopolitical tensions (including direct or indirect impacts of national trade, investment, protectionist, tax, or other laws or policies, plus export controls and economic or trade sanctions); risks related to NetEase’s international business expansion; cybersecurity threats or incidents; and foreign currency exchange rate fluctuations that harm NetEase’s business and financial results.
Further information regarding these and other risks is included in NetEase’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. NetEase does not undertake any obligation to update this forward-looking information, except as required under applicable law.
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SOURCE NetEase, Inc.