TEXT-EXTRACT 2 filename2.txt August 19, 2025 Sarah Ying Li Head of Financial Reporting NetEase, Inc. NetEase Building, No. 599 Wangshang Road Binjiang District, Hangzhou, 310052 People s Republic of China Re: NetEase, Inc. Form 20-F for the Fiscal Year Ended December 31, 2024 File No. 000-30666 Dear Sarah Ying Li: We have completed our review of your filing. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Sincerely, Division of Corporation Finance Office of Technology cc: Paul W. Boltz, Jr.