DAO Youdao Inc

 

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

 

FORM 6-K

 

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2023

 

Commission file number: 001-39087

 

 

Youdao, Inc. 

(Exact Name of Registrant as Specified in Its Charter)

 

 

No. 399, Wangshang Road, Binjiang District
Hangzhou 310051, People’s Republic of China
+86 0571-8985-2163

 

(Address of Principal Executive Offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F  ☒          Form 40-F  ☐

 

 

EXHIBIT INDEX

 

Exhibit No.		Description
99.1		Press Release
99.2		Notice of Annual General Meeting

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

			Youdao, Inc.
Date:	November 17, 2023		By:	/s/ Feng Zhou
				Name:	Feng Zhou
				Title:	Chief Executive Officer, Director

 

Exhibit 99.1

 

 

Youdao, Inc. to Hold Annual General Meeting on December 14, 2023

 

Beijing, China – November 17, 2023 – 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

 

 

Exhibit 99.2

 

 

Youdao, Inc. 

(Incorporated in the Cayman Islands with limited liability) 

(NYSE Ticker: DAO)

 

 

 NOTICE OF ANNUAL GENERAL MEETING 

To be held on December 14, 2023 

(or any adjourned or postponed meeting thereof)

 

 

NOTICE IS HEREBY GIVEN that an annual general meeting (the “AGM”) of Youdao, Inc. (the “Company”) will be held 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 annual general meeting 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 record date (the “Record Date”) for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof has been set as the close of business on December 1, 2023.

 

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.

 

	By Order of the Board of Directors,
	Youdao, Inc.
	/s/ Feng Zhou
	Feng Zhou
	Director and Chief Executive Officer

 

 

Beijing, China

 

November 17, 2023

 

---