Cloud Music Inc. (9899.HK)

105.500 -1.800 (-1.68%) At close: 04:09PM HKT

Cloud Music Inc.

Hangzhou International Expo Center
Room 1201, Block A No. 353 Benjing Avenue Qianjiang Century City, Xiaoshan District
Hangzhou
China

https://ir.music.163.com

Sector(s): Communication Services
Industry: Internet Content & Information
Full Time Employees: 1,359

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Lei Ding	Chairman & CEO	N/A	N/A	1972
Mr. Yong Li	VP of Business Intelligence & Executive Director	5.7M	N/A	1978
Ms. Yanfeng Wang	Executive Director	2.79M	N/A	1987
Ms. Ju Lu	VP of Finance & Financial Controller	N/A	N/A	1981
Ms. Wai Yee Wong HKICS; ICSA	Company Secretary	N/A	N/A	1976

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Cloud Music Inc., an investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People's Republic of China. It operates NetEase Cloud Music, an online music platform. The company also offers ancillary and social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Yin Jie; membership subscription; contents sublicensing; and online advertising services on its online platforms, as well as sells digital music album and songs and virtual items in live streaming platforms. In addition, it provides online music streaming services. The company was formerly known as Cloud Village Inc. The company was founded in 2013 and is headquartered in Hangzhou, China. Cloud Music Inc. operates as a subsidiary of NetEase, Inc.

Corporate Governance

Cloud Music Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.