Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934: NetEase

The filing is a U.S. Securities and Exchange Commission 20‑F for NetEase, covering the fiscal year ended December 31 2016 and filed in April 2017. It presents NetEase’s audited financial statements, management discussion, and corporate governance information for the period. The document outlines NetEase’s business model, which includes online gaming, e‑commerce, and digital media services primarily in China, with a growing presence in international markets. Key financial highlights for FY2016 include revenue of approximately US$3.1 billion, a net income of about US$0.4 billion, and operating cash flow that supported continued investment in game development and platform expansion. The report details segment performance, noting that the gaming division remains the largest contributor to revenue and profit, while e‑commerce and other digital services show steady growth. NetEase also discusses regulatory challenges in China, competitive dynamics, and strategic initiatives such as partnerships with global IP holders. The filing follows U.S. GAAP accounting standards and includes audited financial statements prepared by an independent CPA firm, ensuring compliance with SEC disclosure requirements.