On December 22nd, the State Administration of Press and Publication drafted the "Measures for the Administration of Online Games" (draft for soliciting opinions) for public consultation. In response, NetEase Games stated that in the past few years, under the guidance of industry regulatory authorities, the gaming industry has maintained a good development momentum and made significant progress in key areas such as the protection of minors. We believe that the release of this draft for soliciting opinions is mainly to address the lack of relevant management measures after 2019, and will not have a fundamental impact on NetEase's business.
NetEase Games stated, "The company has always strictly implemented various rules, regulations, and requirements for preventing minors from becoming addicted. For the newly released draft for soliciting opinions, we will actively participate in feedback. We believe that the introduction of the new regulations will be more conducive to protecting consumer rights, promoting the continuous progress of gaming enterprises, and promoting the sustained high-quality, healthy, and orderly development of the entire gaming industry."