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Netease.com, Inc.
15th Floor, North Tower Beijing Kerry Centre No. 1 Guanghua Road, Chaoyang, Beijing, Channel Islands 100020
Business Description The Company is one of the leading Internet technology companies in China.
Offering
Information

Company has
gone public

Trading As  NTES (NASNTL) Industry  High-Tech (SIC 7379)
Type of Stock Offered  American Depositary Receipts Filing Date  3/27/00
Domestic Shares Offered  4,500,000 Offer Date  6/29/00
Foreign Shares Offered  0 Filing Range  $14.00 - $17.00
Company Shares  4,500,000 Offer Price  $15.50
Selling Shrhldrs Shares  0 Gross Spread  $1.085
Gross Proceeds  $69,750,000 Selling  $0.651
Expenses  - - Reallowance  $0.100
Post-IPO Shares  30,105,556 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
Deutsch Banc Alex. Brown Co-manager (410) 727-1700
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data         12/31/99    
Revenues   - - - - 2.026 - -
Income from Oper.   - - - - - - -
Net Income   - - - - -6.277 - -
E.P.S   - - - - -0.330 - -
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -1.89 - -
Cash Flow - Inv.     -1.12 - -
Cash Flow - Fin.     17.22 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    17.36 Current Assets    16.21 Current Ratio    17.52
Total Liab.    0.93 Current Liab.    0.93 Debt Ratio    5.33%
Total Equity    16.43 Working Cap.    15.29 Debt to Equity Ratio    0.06
Cash    14.23    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Morrison & Foerster
Bank's Law Firm  Brown & Wood
Auditor  Arthur Andersen
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Shining Globe International Limited 68.70  
New Corporation Limited, The 10.00  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 7/24/00 10:19:55 PM
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