NetEase (NTES) General Counsel holds 22,223 ADSs in Form 3

Rhea-AI Filing Summary

NetEase, Inc. filed an initial ownership report for its General Counsel, Paul William Boltz Jr. The filing shows he directly holds 22,223 American Depositary Shares (ADSs) of NetEase. A footnote explains that each ADS represents five ordinary shares of NetEase, Inc.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Boltz Paul William JR

(Last) (First) (Middle)

C/O NETEASE, INC. NETEASE BUILDING

NO. 599 WANGSHANG ROAD,BINJIANG DISTRICT

(Street)

HANGZHOU F4 310052

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
NetEase, Inc. [ NTES ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares(1)	22,223	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American depositary share represents five ordinary shares of NetEase, Inc.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Doris Fang, Attorney-in-Fact for Paul William Boltz, Jr.	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the NetEase (NTES) Form 3 filing by Paul William Boltz Jr. show?

The Form 3 shows that General Counsel Paul William Boltz Jr. directly holds 22,223 American Depositary Shares of NetEase, Inc. It is an initial ownership report, not a buy or sell transaction disclosure.

How many NetEase (NTES) shares does each American Depositary Share represent?

According to the filing footnote, each American Depositary Share of NetEase represents five ordinary shares. This ratio helps investors translate ADS holdings into the underlying ordinary share equivalent.

Is the NetEase (NTES) Form 3 filing for Paul William Boltz Jr. a transaction?

No, the filing is classified as a holding entry with an unknown transaction code. It reports existing beneficial ownership of 22,223 ADSs, rather than documenting a new purchase or sale of NetEase securities.

What role does Paul William Boltz Jr. hold at NetEase (NTES) in this Form 3?

The Form 3 identifies Paul William Boltz Jr. as an officer of NetEase, serving as General Counsel. The reported 22,223 ADSs are held directly in his name according to the ownership coding in the filing.

Does the NetEase (NTES) Form 3 indicate indirect ownership by entities or trusts?

No, the reported holdings are marked as direct ownership. The nature of ownership field is empty, and there is no footnote indicating that entities, trusts, or related parties hold the ADSs on behalf of Paul William Boltz Jr.