BEIJING, Nov. 17,
2023 /PRNewswire/ -- Youdao, Inc. ("Youdao" or
the "Company") (NYSE: DAO), an intelligent learning company with
industry-leading technology in China, today announced that it will hold its
annual general meeting of shareholders (the "AGM") at its offices
at Building No.7, West Zone, Zhongguancun Software Park (Phase II),
No.10 Xibeiwang East Road, Haidian District, Beijing, People's Republic of China on
December 14, 2023 at 3:00 p.m. – 5:00
p.m. (Beijing Time). No proposal will be submitted for
shareholder approval at the AGM. Instead, the AGM will serve as an
open forum for shareholders and beneficial owners of the Company's
American Depositary Shares ("ADSs") to discuss Company affairs with
management.
The Board of Directors of the Company has fixed the close
of business on December 1, 2023 (Eastern
Standard Time) as the record date (the "Record Date") for
determining the shareholders entitled to receive notice of, and to
attend, the AGM or any adjournment or postponement
thereof.
Holders of record of the Company's Class A ordinary shares
and Class B ordinary shares at the close of business on the Record
Date are entitled to attend the AGM and any adjournment or
postponement thereof in person. Beneficial owners of the Company's
ADSs are also welcome to attend the AGM in person.
Shareholders and ADS holders may access the Company's
annual report on the Company's investor relations website at
http://ir.youdao.com as well as the SEC's
website at http://www.sec.gov.
The Company will provide a hard copy of its annual report
containing the audited consolidated financial statements, free of
charge, to its shareholders and ADS holders upon request. Requests
should be directed to the Company by emailing Investor Relations
at IR@rd.netease.com.
About Youdao, Inc.
Youdao, Inc. (NYSE: DAO) is an intelligent learning
company with industry-leading technology in China dedicated to developing and using
technologies to provide learning content, applications and
solutions to users of all ages. Building on the popularity of its
online knowledge tools such as Youdao Dictionary and Youdao
Translation, Youdao now offers smart devices, STEAM courses, adult
and vocational courses, and education digitalization solutions. In
addition, Youdao has developed a variety of interactive learning
apps. Youdao was founded in 2006 as part of NetEase, Inc. (NASDAQ:
NTES; HKEX: 9999), a leading internet technology company in
China.
For more information, please visit:
http://ir.youdao.com.
Safe Harbor Statement
This press release contains forward-looking statements.
These statements are made under the "safe harbor" provisions of the
U.S. Private Securities Litigation Reform Act of 1995. Statements
that are not historical facts, including statements about the
Company's beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties, and a number of factors could cause actual results
to differ materially from those contained in any forward-looking
statement. In some cases, forward-looking statements can be
identified by words or phrases such as "may," "will," "expect,"
"anticipate," "target," "aim," "estimate," "intend," "plan,"
"believe," "potential," "continue," "is/are likely to" or other
similar expressions. The Company may also make written or oral
forward-looking statements in its reports filed with, or furnished
to, the U.S. Securities and Exchange Commission, in its annual
reports to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about the Company's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding such risks, uncertainties or factors is
included in the Company's filings with the SEC. All information
provided in this press release is as of the date of this press
release, and the Company does not undertake any duty to update such
information, except as required under applicable law.
For investor and media inquiries, please
contact:
In China:
Jeffrey Wang
Youdao,
Inc.
Tel: +86-10-8255-8163 ext.
89980
E-mail: IR@rd.netease.com
Piacente Financial
Communications
Helen
Wu
Tel:
+86-10-6508-0677
E-mail:
youdao@thepiacentegroup.com
In the United
States:
Piacente Financial
Communications
Brandi
Piacente
Tel:
+1-212-481-2050
E-mail:
youdao@thepiacentegroup.com
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SOURCE Youdao, Inc.