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NetEase Cloud Music Awards Shares to Employees
Company Announcements

NetEase Cloud Music Awards Shares to Employees

Cloud Music Inc. (HK:9899) has released an update.

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NetEase Cloud Music Inc. has announced the granting of awards to eligible participants under their 2022 Restricted Share Unit Plan. The awards involve a three-year vesting period starting December 2024, with performance targets set for the grantees. This move utilizes existing shares, leaving over 10 million shares available for future grants.

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