The board of directors of NetEase, Inc. has approved a dividend of USD 1.08 per ADS for the first quarter of 2017, which is expected to be paid on June 2, 2017 to shareholders of record as of the close of business on May 26, 2017.

The company announced that Mr. Onward Choi has resigned from his position as Acting Chief Financial Officer effective June 30, 2017 due to personal reasons. The Company will retain Mr. Choi as a consultant over the coming year to support a smooth transition to his successor.