NetEase Inc (NTES) has appointed Mr. Kok Chung Johnny Chan as an independent director to its board, bringing over 40 years of experience in investment banking and management. Chan's expertise is expected to provide valuable insights into capital markets, aligning with NetEase's commitment to innovation and excellence. The appointment is seen as a positive step towards strengthening NetEase's governance and strategic oversight.
NetEase Inc (NTES) has appointed Mr. Kok Chung Johnny Chan as an independent director to its board, bringing over 40 years of experience in investment banking and management. Chan's expertise is expected to provide valuable insights into capital markets, aligning with NetEase's commitment to innovation and excellence. The appointment is seen as a positive step towards strengthening NetEase's governance and strategic oversight.
Mr. Chan, who currently serves as the Chief Investment Officer of the Hong Kong Cyberport Management Company and a member of the Market Misconduct Tribunal, has a distinguished career in the investment industry. He previously held positions such as deputy chairman of the Listing Committee of the Hong Kong Stock Exchange and independent non-executive director of CNQC International Holdings Ltd. and Hangzhou SF Intra-city Industrial Co. Ltd. His extensive background in investment banking and management makes him a valuable addition to NetEase's board.
"We are delighted to welcome Johnny to the board," said Mr. William Ding, Chief Executive Officer and Director of NetEase. "We believe his extensive background and nuanced understanding of the capital markets, supported by a regarded standing in the industry, will bring fresh and practical insights that align with our commitment to excellence and innovation."
The appointment of Mr. Chan comes at a time when NetEase is expanding its business portfolio, including its gaming, education, and music ecosystems. The company's Q2 2025 results highlighted gaming's dominance, with 81% of the revenue driven by global hits like FragPunk and Dunk City Dynasty. Meanwhile, the AI-driven education segment achieved 7.2% YoY growth through innovations like the 92% accurate AI Tutor, boosting subscriptions by 30% and user retention by 25%.
The appointment of Mr. Chan is expected to bring a new perspective to NetEase's strategic oversight, helping the company navigate the complexities of the capital markets and maintain its commitment to innovation and excellence. As NetEase continues to diversify its business, the addition of an experienced and independent director like Mr. Chan is seen as a positive step towards strengthening its governance and long-term resilience.
References:
[1] https://www.prnewswire.com/news-releases/netease-enhances-board-independence-with-new-director-appointment-302529929.html
[2] https://www.marketscreener.com/news/netease-inc-appoints-mr-kok-chung-johnny-chan-to-its-board-of-directors-as-an-independent-director-ce7c51d8d08df325
[3] https://www.ainvest.com/news/netease-strategic-diversification-earnings-resilience-q2-2025-path-long-term-outperformance-2508/
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