Cybersecurity News in Asia

SHENYANG, China, July 1, 2022 /PRNewswire/ — Neusoft Corporation (Neusoft, SSE:600718) has recently released its milestone product in the automotive electronics field, OneCoreGo3.0. As a navigation solution aiming for the global market, the product has integrated Neusoft’s more than 30 years of mass production and overseas project experience in the professional navigation field. It will provide strong support for the global sales and service of automobile brands, and serve global users with its advanced navigation technology.

Compared with its previous versions, OneCoreGo3.0, with openness, flexibility and a high degree of expansibility, further integrates its technical capabilities such as high-precision map rendering, virtual and real image fusion, big data analysis and processing, and multi-ecological cloud services. It brings innovative changes by realizing the expansion of important functional modules such as Lane-level Navigation, AR Navigation and AI Navigation.

Neusoft has been in the global automobile industry since establishment, and after more than 30 years of development, it has grown into an important partner for automobile enterprises that seek innovation in an era of software-empowered automobiles. Over the years, Neusoft has built a global product R&D and delivery network centered in China, Germany, the United States, Japan and Malaysia.

In the global navigation field, Neusoft is dedicated to creating smarter and more active differentiated navigation products for automobile enterprises and users. Meanwhile, it hones the details according to user preferences that vary in different regions, which greatly reduces the costs for auto manufacturers to expand new markets and fully supports them to develop international markets. Supporting more than 20 languages, Neusoft’s global navigation products have been chosen by more than 50 well-known automobile brands, assembled in more than 100 car models and applied in more than 120 countries.

The launch of OneCoreGo3.0 marks the comprehensive upgrade of Neusoft’s smart and eco-friendly global navigation solution, and the product is another innovative technological achievement made by Neusoft which realizes the globalized service. Facing the major trend of software-empowered automobiles, Neusoft will continue to explore and make breakthroughs in various sub-sectors, and contribute to the transformation of the global automobile industry.

BEIJING, July 1, 2022 /PRNewswire/ — A news report by C114 on the topic of 5G-Advanced, which has been the focus of discussion during the recent World Telecom Day event:

During this year’s World Telecommunication Day, the topic of 5G evolution attracted many operators’ attention and discussion. After unveiling 5G-Advanced last year, the 3GPP determined the first 28 research items for Release 18 in December, taking the technology research and standardization of 5G-Advanced to a new stage of practicality.

China Mobile initiated the program “5G-Advanced Innovation-Industry Chain Convergence” together with industry partners last year. On June 6, 2022, China Mobile shared the program’s achievements at a conference and announced new plans to implement the next stage of 5G evolution based on high-quality networks, intelligent and simplified networks, and low carbon goals. Recently, China Unicom has proposed its three technical solutions for 5G-Advanced: smart new vision, smart high uplink, and smart super sensing. China Telecom has launched the Super TimeFreq Folding solution for 5G-Advanced. This new solution integrates large uplink bandwidth, low latency, high reliability, and ultra-large capacity into a single network, better enabling operators to support core industrial production with high performance 5G networks.

5G Evolves to 5G-Advanced to Continue Benefiting Various Industries

5G is quickly finding itself becoming an important enabler for the Internet of Things (IoT), manufacturing, positioning, and many other applications, helping increase production efficiency. Joe Barrett, President of the GSA, believes that “many fields will benefit from the improved positioning accuracy of 5G-Advanced, particularly in terms of reducing the costs of deploying Mobile IoT.” He noted that both the members of GSA and all major vendors will continue to promote the standardization of 5G-Advanced and support its development.

The GSMA shares a very positive outlook for the new use cases of 5G-Advanced. Henry Calvert, GSMA’s Senior Director of Group Technology, said that the world will soon see 5G-Advanced unveil new use cases for both consumers and industry markets. He sees XR becoming one of the most exciting new experiences that 5G-Advanced will bring to consumers. From virtual reality (VR) to augmented reality (AR), this new technology will enable interactive digital worlds to be constructed on top of the physical world. The potential of XR goes far beyond consumer entertainment. Various industries are exploring XR to discover new ways of working.

The GSMA is currently working to set up a 5G Advanced community, with the aim of bringing stakeholders together from all parts of the industry to help collaborate in defining the new technology and the use cases it will enable in future. “We are about scalable adoption. We want to unleash the connectivity of the new standards commercially. And that’s really about understanding the use cases and the business case for the new technology.”

Global Efforts from Operators Promote the Evolution of 5G

Undoubtedly, telecom operators are the main force on the road to 5G-Advanced. Etisalat UAE, a leading 5G operator in the Middle East, puts a lot of stock on 5G’s evolution. According to its CTIO, Khalid Murshed, it sees exploring 5G’s evolution as a major component for handling the growing scales, complexity, and technical challenges that have come along with 5G’s increasing importance. As 5G develops rapidly to bring innovative applications to various sectors, continued evolution of its technologies is essential for the industry looking to meet industry requirements.

“The research and standardization of 5G evolution are now in a substantial stage. The research items of 5G-Advanced include 5G’s use cases: enhanced Mobile Broadband (eMBB), ultra-reliable low-latency communication (URLLC), Internet of Things (IoT), and vehicle to everything (V2X). 5G-Advanced will also incorporate many new use cases, such as high-capacity uplink, AR/VR, high-precision positioning, and network and device energy saving,” Khalid Murshed shared.

Zain Group, a leading mobile network operator in the Middle East, is now accelerating its migration from 4G to 5G, including 5.5G, to enrich user experience across multiple markets. Based on a memorandum of understanding (MoU) it signed at the recent Mobile World Congress in Barcelona, Zain will focus on optimizing its network architecture to ensure the 5G capabilities required to implement uplink centric broadband communication (UCBC), real-time broadband communication (RTBC), and harmonized communications and sensing (HCS).

5G development has entered a new chapter globally. With its continuous evolution, people all believe that the next stop of 5G will be even more exciting.

SHANGHAI, July 1, 2022 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) (“Trip.com Group” or the “Company”), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that Dr. Dou Shen, a director nominated by Baidu Inc. (Nasdaq: BIDU; HKEX: 9888) (“Baidu”), has tendered his resignation as a director of the Company, effective on July 1, 2022, and that Mr. Junjie He, a senior vice president of Baidu Inc., has been appointed as a successor director of Trip.com Group following Dr. Dou Shen’s resignation.

Mr. Junjie He joined Baidu in June 2019. Currently serving as a senior vice president of Baidu, Mr. He was appointed as the leader, and be in full charge, of the Mobile Ecosystem Group (MEG) in May 2022. Prior to his current position, Mr. He oversaw Baidu’s M&A (Mergers & Acquisition), SIM (Strategic Investment Management), SOM (Sales Operation and Management), and FP&A (Financial Planning & Analysis) departments. Prior to joining Baidu, he had rich working experience with investment firms including China International Capital Corporation (CICC), CITIC Private Equity, Warburg Pincus and Tibet Langrun Capital. Mr. He currently also serves on the board of directors of iQIYI, Inc. (Nasdaq: IQ). Mr. He obtained his bachelor’s degree from the Guanghua School of Management, Peking University in 2007.

About Trip.com Group Limited

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in China, and increasingly for travelers around the world, to explore travel, get inspired, make informed and cost-effective travel bookings, enjoy hassle-free on-the-go support, and share travel experience. Founded in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com and Skyscanner, with the mission “to pursue the perfect trip for a better world.”

For further information, please contact:

Investor Relations
Trip.com Group Limited
Tel: (+86) 21 3406 4880 X 12229
Email: iremail@trip.com

SHENYANG, China, July 1, 2022 /PRNewswire/ — Neusoft Corporation (Neusoft, SSE:600718) has recently released its milestone product in the automotive electronics field, OneCoreGo3.0. As a navigation solution aiming for the global market, the product has integrated Neusoft’s more than 30 years of mass production and overseas project experience in the professional navigation field. It will provide strong support for the global sales and service of automobile brands, and serve global users with its advanced navigation technology.

Compared with its previous versions, OneCoreGo3.0, with openness, flexibility and a high degree of expansibility, further integrates its technical capabilities such as high-precision map rendering, virtual and real image fusion, big data analysis and processing, and multi-ecological cloud services. It brings innovative changes by realizing the expansion of important functional modules such as Lane-level Navigation, AR Navigation and AI Navigation.

Neusoft has been in the global automobile industry since establishment, and after more than 30 years of development, it has grown into an important partner for automobile enterprises that seek innovation in an era of software-empowered automobiles. Over the years, Neusoft has built a global product R&D and delivery network centered in China, Germany, the United States, Japan and Malaysia.

In the global navigation field, Neusoft is dedicated to creating smarter and more active differentiated navigation products for automobile enterprises and users. Meanwhile, it hones the details according to user preferences that vary in different regions, which greatly reduces the costs for auto manufacturers to expand new markets and fully supports them to develop international markets. Supporting more than 20 languages, Neusoft’s global navigation products have been chosen by more than 50 well-known automobile brands, assembled in more than 100 car models and applied in more than 120 countries.

The launch of OneCoreGo3.0 marks the comprehensive upgrade of Neusoft’s smart and eco-friendly global navigation solution, and the product is another innovative technological achievement made by Neusoft which realizes the globalized service. Facing the major trend of software-empowered automobiles, Neusoft will continue to explore and make breakthroughs in various sub-sectors, and contribute to the transformation of the global automobile industry.

BEIJING, July 1, 2022 /PRNewswire/ — John Lee was sworn in as Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Friday morning, as Hong Kong marks the 25th anniversary of its return to China.

Lee took his oath before Chinese President Xi Jinping, who oversaw the swearing-in ceremony.

“I, John Lee, swear that, in the office of Chief Executive of the Hong Kong Special Administrative Region of the People’s Republic of China, will uphold the Basic Law of the Hong Kong Special Administrative Region of the People’s Republic of China, bear allegiance to the Hong Kong Special Administrative Region of the People’s Republic of China and serve the Hong Kong Special Administrative Region conscientiously, dutifully, in full accordance with the law, honestly and with integrity, and be held accountable to the Central People’s Government of the People’s Republic of China and the Hong Kong Special Administrative Region,” said Lee.

The president congratulated Lee on his inauguration after the oath-taking.

Link: https://www.youtube.com/watch?v=k1XhKGNBNRE

TMYTEK AiP Mobile Solutions Bring 5G Applications to a New Level

TAIPEI, July 1, 2022 /PRNewswire/ — TMY Technology, Inc. (TMYTEK), an innovator in 5G/ B5G millimeter-wave prototyping solutions and satellite communications, has joined GSMA, the global organization in unifying the mobile ecosystem. The membership sees TMYTEK joining other big names in the 5G industry such as Cisco, Ericsson, NXP, Qualcomm, etc.

Foreseeing the growth and need for future 5G mmWave antenna, and thoroughly understanding the current pain points of existing testing/ certifying methodologies, TMYTEK created solutions to allow engineers and developers to create, test, and certify at a fraction of the time usually required. By incorporating phased array technologies with advanced antenna-in-package (AiP) technology, TMYTEK brings up the one-stop-shop mmWave design-manufacturing-testing solutions to better implement the communication infrastructure.

With customers across various sectors, TMYTEK’s solution can be found across the globe. TMYTEK created one of the world’s largest SATCOM electronic steering antennas (ESA), a commercial and defense ready 16×16 LTCC ka-band Tx antenna array with 12x12cm^2. In addition, TMYTEK also contributes to mmWave coverage extension solutions. Such as the highly flexible small cell array antenna to SATCOM ground station ESA by utilizing TMYTEK’s 26~29 GHz BBox One, or the smart deployment solution based on electromagnetic redistribution technology that uses diffraction and reflection to direct signals around objects and corners for better coverage and deployment.

“TMYTEK services are crucial in the evolution of the mobile ecosystem. It is great news that TMYTEK, a worldwide leader in providing mmWave solutions has decided to join GSMA to participate in the mmWave Accelerator, and also to gain from the benefits of the GSMA membership”, said Barney Stinton, Head of Membership, GSMA

“Being recognized by GSMA is a great honor for TMYTEK! It means a lot to us as the only start-up company in Taiwan to be a part of the GSMA family. What we do at TMYTEK can have an immediate impact on the 5G mmWave development around the globe. TMYTEK solutions can not only expedite the design and development process, but can also help bring new 5G development perspectives, specification standardizations, and new application possibilities,” said Su-Wei Chang, Founder and President of TMYTEK

About TMYTEK

TMY Technology, Inc. (TMYTEK) is an innovator and a game-changer that delivers the breakthroughs of millimeter-wave solutions in 5G/B5G and satellite communication applications to worldwide clients. As a leading technology developer, TMYTEK enables people’s everyday life with better connectivity from our clients’ products. By transforming the mmWave RF fronted with innovative devices, inventing ready-to-use beamforming development kit, implementing phased arrays with modern Antenna-in-Package (AiP) technology, and redefining the OTA testing methodology, TMYTEK empowers industrial inventions to market faster. Together with our global partners and allies, we make historical firsts and positively impact society. Find out more from tmytek.com

TOKYO, July 1, 2022 /PRNewswire/ — GA technologies Co., Ltd.  (Headquarters: Minato-Ku, Tokyo; CEO: Ryo Higuchi; Securities Code: 3491) has been selected for the Digital Transformation Stock (DX Stock) 2022 hosted by the Ministry of Economy, Trade & Industry of Japan, and Tokyo Stock Exchange. The Digital Transformation award (here refers to “DX Stock 2022”) is to honor companies that are making efforts in promoting the value and execution of digital transformation in Japan’s society. This standard of selection is by evaluating whether a company has been promoting digital transformation to make a change in its working style and whether it has implemented such value into its service or product. GA technologies by making an effort in both areas has been honored with the title for 3 years consecutively. 

◆ GA technologies has always valued “digital transformation” as one of our business visions

Since the founding of the company in 2013, GA technologies has been incorporating cutting edge technology into its service to realize a digital transformation in the trading process of real estate. The business vision of ours is “To create a world-leading company that impresses people ”. The mindset of bringing technology into our service and to use it to make a change in the traditional real estate industry has never changed since then. We are not only bringing technology into the Company but to our products. We provide our in-house developed SaaS to both real estate agencies and management companies in Japan in the aim of speeding up the digital transformation of the industry.  Within that, we are promoting the concept of a complete online transaction of real estate along with the implementation of the revision of the real estate transaction amendment in May 2022（※1） in the purpose of promoting the DX of the industry. What we are trying to achieve is to spread the idea of a pure online transaction of real estate, the so-called “Internet real estate” transaction（※2)  in Japan. We want to make a change to the old-fashion real estate industry and to contribute to the revitalizing of the industry. GA technologies will also keep dedicating to providing the best customer experience to its customers and realizing the goal of making an open, transparent real estate transaction experience to promote the idea of “PropTech” (real estate property X technology). 

◆ Significant efforts made by GA technologies Groups in promoting DX in the industry

RENOSY: A one-stop online real estate transaction platform

RENOSY is a comprehensive one-stop online platform that covers all aspects of real estate transactions running by GA technologies. The business concept of RENOSY is to “make real estate transaction & asset management easier”. The service combines both online and offline services to provide a seamless customer experience to our users. We are bringing technology into every step of the transaction process starting from searching, consoling, and applying to the after management.

The online dealing rate in the real estate industry in Japan is only 1%（※3） which is fairly lower compared to other industries. A significant result GA technology has achieved is to cut down on the use of paper that would have been required during the application, contracting process by moving the whole process online. We have contributed to save an average of 452 pieces of paper that are required per transaction（※4）. GA technologies is contributing to the better customer experience of our customers and to the sustainability of the environment. 

GA technologies has received high points on the changes the Company has brought to the industry by the utilization of AI, big data to make a change in how the entire real estate industry works. 

ITANDI: The utilization of a real time database 

ITANDI is one of the GA technologies groups companies that focuses on the development and provision of both toB and toC products. ITANDI’s prouct lines include “ITANDI BB＋”: SaaS designed for real estate agencies (rental & lease business).  “ITANDI BB”: SaaS designed for real estate people to share information in real time, and last but not least a toC self-tour house hunting site called “OHEYAGO”. Companies in the industry are benefiting from getting real time data by using our services. We are pushing the speed of DX in the real estate industry through our services by changing how the industry works fundamentally and to provide a transformative customer experience to the public.

The online application recipient service designed by ITANDI helped management companies to manage their tenants’ applications online smoothly, and to cut down an average of 5,000,000 pieces of paper that would have been required annually. （※5）

The honor to be named as the DX Stock 2022, It is a positive affirmation to the hard work that GA technologies has been putting into. The Company brings changes to the industry by the services built and revolutionizes how people deal with real estate transactions.

◆ About us

The business vision for GA technologies has always been “creating a world-leading company that impresses people with the power of technology and innovation.” The Company has been promoting the changes in the real estate industry under such a value. GA technologies group was publicly listed in the growth market (previously known as Mothers market) of Tokyo Stock Exchange 5 years after its establishment in 2013 and has been acquiring 8 other business partners as alliances in 3.5 years after its public listing. The Company established an AI strategy center of its own in 2017, this is also the very first one for companies in the real estate industry. The Company has won the DX award in 2020, 2021 and 2022, 3 years in a row, which is also the only company that has been honored with such title in the “growth market” of Tokyo Stock Exchange. The Company aims to be the pioneer in the PropTech field which takes the lead in Japan. 

◆ About GA technologies 
Company: GA technologies Co., Ltd.
Representative: Ryo Higuchi
URL: https://www.ga-tech.co.jp/en/
Head office: 40F of Sumitomo Fudosan Roppongi Grand Tower, Roppongi 3-2-1, Minato District, Tokyo
Year of founding: March 2013
Capital fund: 7,224,816,203 JPY (by March 2022)

What we do:

• Running the RENOSY service, an online, one-stop real estate service platform
• The development and operation of SaaS (BtoB PropTech product lines)

Main sub companies: ITANDI Co.,Ltd, RENOSY PLUS Co., Ltd, Shenjumiausuan Co.,Ltd and 10 other companies

◆ Awards winning history

• Digital transformation Stock (DX stock award) honor: 2020, 2021, 2022; the award is hosted by Ministry of Economy, Trade & Industry of Japan and Tokyo Stock Exchange
• FT 1000: High-Growth Companies Asia-Pacific honor: 2020~2022; the award is hosted by Financial Times & Statista for the purpose of recognizing companies with high growth performance located in the Asia-Pacific region
• Ranked No.23 in FT 1000: High-Growth Companies Asia-Pacific 2022
• No.1 sales performance in the pre-owned apartments sector in Japan for a consecutive 3 years: 2020~2022; The research was done and published by Tokyo Shoko Research Ltd. (TSR)
• Great Place to Work Award (Japan): Ranked in as one of the companies as best workplaces among medium size companies in Japan in 2020. 2021; the award is hosted by Great Place To Work ® Institute Japan

（※1): The amendments of real estate transaction item 2 of clause 34 and other clauses accompanied has been reformed according to the” amendments for the construction and structure of a digitalized society”, clause 17.
（※2）: “Internet real estate” service refers to the business model of completing the whole process of a real estate transaction purely online (including but not limited to searching, meeting, applying and contracting etc.) It is a business model which allows every step of a real estate transaction to be done online smoothly. It is a brand-new business model in the industry along with the electronification of the important matters explanation and other related contract documents based on the law revision in 2022. (The definition was defined by GA technologies in April 2022)
（※3）: The number was calculated based on the percentage of online transaction taken place in RENOSY marketplace business (The 10th season of 2021). The SAM (6.9 trillion Yen)  of the pre-owned apartments with areas larger than 50㎡ was excluded. 
（※4）: Researched by GA technologies （https://resources.ga-tech.co.jp/Release/220422_ga_earthday.pdf）
（※5）: Researched by ITANDI （https://www.itandi.co.jp/press_releases/72）

For this release, please contact below:
Nami (+81-90-1503-9158), Judy, GA technologies Co., Ltd.  MAIL: pr@ga-tech.co.jp

New Market Access Services will also help customers understand and address increasingly complex regulatory requirements worldwide                         

SANTA CLARA, Calif., June 30, 2022 /PRNewswire/ — Granite River Labs (GRL), a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies, has doubled its footprint in Taiwan to meet a surge in demand for wired product evaluation and launch a new portfolio of cutting edge wireless testing services. The organization is also introducing a comprehensive Market Access Services offering designed to help customers address increasingly complex regulatory requirements worldwide.

In addition to being GRL’s largest testing services center, the facility is also its fastest growing, recording strong double-digit year-on-year revenue increases. It is the primary production center for GRL’s industry-leading, automated testing solutions, including the GRL-C2 and C2-EPR USB Power Delivery testers and analyzers, and the GRL-C3 integrated WPC Qi compliance tester.

The enhanced and expanded 2,100 sq/m facility is also the official testing provider for some of the biggest names in the technology industry. GRL Taiwan now hosts the Intel Display Ecosystem Validation Program and provides interoperability testing for products manufactured by Dell’s extensive range of suppliers.

Accelerating wireless product development

As the connectivity revolution continues, developers are increasingly integrating wireless technologies into new products to meet the convenience and mobility expectations of consumers. GRL’s new wireless testing services offering includes:

Enabling next generation connectivity

Since it opened in 2011, GRL’s Taipei facility has achieved numerous firsts, including becoming the world’s first Thunderbolt product certification test center. Today, it offers a comprehensive range of compliance testing services for wired technologies, including USB, USB Power Delivery, DisplayPort™, HDMI™, PCIe®, Thunderbolt™ EV&FV.

GRL is now introducing several new wired connectivity services in Taiwan. They include testing to the new CIO 80 standard, which supports the high-speed, 80 Gbps data rate interfaces used in the next generation of USB/USB4 equipped devices, such as notebooks and desktop computers. Other new offerings include Transmitter (TX) and Receiver (RX) physical layer testing for products using the latest PCIe 5.0 standard and earlier versions of the technology – especially servers where I/O performance and reliability are critical.

Market Access Services streamline business

The new Market Access Services will help GRL customers conform with regulatory requirements in different countries and trade regions. Starting in Taiwan, the services will be rolled out at GRL’s locations in Japan, South Korea, India, Mainland China, the US and Europe to address evolving protocol and telecom requirements worldwide.

“As a long-term partner, GRL has assisted us on many product tests to successfully obtain certifications, including USB, USB Power Delivery, PCI Express, and SATA. Its credibility and professionalism in high-speed signal and charging validation, along with high-quality customer service, helps our products to take the lead in a challenging and competitive market. We are looking forward to GRL’s expansion into new fields, such as wireless testing, to provide more comprehensive high-quality, performance and compatibility testing services,” said Chewei Lin, President of ASMedia Technology Inc.

“The launch of these new wireless testing services will help customers to leverage the performance and market potential of increasingly complex wireless technologies, avoid interoperability issues and accelerate the development of products – especially notebook computers and connected mobile devices,” said Holger Kunz, President of Worldwide Services for Granite River Labs.

“The extra space, sophisticated equipment, new services and experienced personnel in Taiwan will enable GRL to help customers – from ODMs and major market brands to chipset vendors – to resolve interoperability challenges early, easily and cost-efficiently. This expanded presence will also increase customer confidence in GRL as their “go to partner,” said Alan Chuang, General Manager, Greater China for Granite River Labs.

About Granite River Labs, please visit www.graniteriverlabs.com. 

HANGZHOU, China, June 30, 2022 /PRNewswire/ — NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase” or the “Company”), one of China’s leading internet and online game services providers, today announced that its board of directors has appointed Ms. Grace Hui Tang as a new independent director, effective as of July 1, 2022. As a result of this appointment, the Company’s board of directors will consist of six members, five of whom are independent and two of whom are female.

Ms. Tang will also serve as the chairperson of the audit, compensation and nominating committees of the board as well as a member of the board’s environmental, social and governance committee. With these appointments and certain other changes to such committees which are effective as of July 1, 2022, the committees will be comprised of the following independent directors:

Audit Committee: Grace Hui Tang (chair), Alice Cheng and Joseph Tong

Compensation Committee: Grace Hui Tang (chair), Alice Cheng and Joseph Tong

Nominating Committee: Grace Hui Tang (chair), Alice Cheng and Joseph Tong

Environmental, Social and Governance Committee: Alice Cheng (chair), Grace Hui Tang and Joseph Tong

Ms. Tang worked at PricewaterhouseCoopers for more than 30 years, including approximately 19 years as an audit partner in Hong Kong and Chinese mainland, until her retirement in 2020. At PricewaterhouseCoopers, Ms. Tang was responsible for the audits of numerous public and private companies in Hong Kong, Chinese mainland and other jurisdictions. Since 2009, she has also been a professor at the Guanghua School of Management of Peking University where she teaches courses on accounting and auditing for the graduate school of the accounting department and on career development. In addition, Ms. Tang serves as an independent director of Textainer Group Holdings Ltd. (NYSE: TGH), Brii Biosciences Ltd. (HKEX: 2137) and Elkem ASA (OSLO: ELK). Ms. Tang received a bachelor’s degree in accounting from the University of Utah and an MBA degree from Utah State University.

“We are pleased to have Grace join our board. Her deep expertise in accounting, finance and business management, as well as her well-respected career distinguished by her commitment and diligence, make her the perfect fit for our board and our business,” said Mr. William Ding, CEO and Director of NetEase. “Grace’s onboarding also represents a milestone in our efforts to continue strengthening and diversifying our corporate governance. We appreciate the valuable support from each of our directors and we believe our new board team will continue to guide NetEase to grow and innovate.”

About NetEase, Inc.

As a leading internet technology company based in China, NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase”) provides premium online services centered around innovative and diverse content, community, communication and commerce. NetEase develops and operates some of China’s most popular mobile and PC games. In more recent years, NetEase has expanded into international markets including Japan and North America. In addition to its self-developed game content, NetEase partners with other leading game developers, such as Blizzard Entertainment and Mojang AB (a Microsoft subsidiary), to operate globally renowned games in China. NetEase’s other innovative service offerings include the majority-controlled subsidiaries Youdao (NYSE: DAO), China’s leading technology-focused intelligent learning company, and Cloud Village (HKEX: 9899), also known as NetEase Cloud Music, China’s leading online music content community, as well as Yanxuan, NetEase’s private label e-commerce platform. For more information, please visit: http://ir.netease.com/.  

Contact for Media and Investors:

Margaret Shi 
Email: ir@service.netease.com
Tel: (+86) 571-8985-3378
Twitter: https://twitter.com/NetEase_Global