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Stock impact report

Youdao Responds to Media Reports

Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share (DAO) 
Company Research Source: PR Newswire
BEIJING, July 23, 2021 /PRNewswire/ -- Youdao, Inc. (the "Company") (NYSE: DAO), a leading intelligent learning company in China, today noted that it was reported in the press that the PRC regulators were expected to publish new rules and regulations that are intended to, among other things, tighten the regulation over after-school tutoring services. As of the date of this press release, the Company has not received any official notification of the new rules and regulations reported in the press. The Company will closely monitor regulatory developments in the PRC education industry.About Youdao, Inc. Youdao, Inc. (NYSE: DAO) is a leading intelligent learning company 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, Youdao Cloudnote and Youdao Translation, Youdao now offers online courses covering a wide spectrum of age Show less Read more
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