Hello Steven Xing,
thank you for posting on the Microsoft Community Forums.
About your question, you need to check the compatibility of your license key. That means you should ensure your Windows Server 2022 volume license key can be used for Windows Server 2016. Volume license keys, especially KMS (Key Management Service) keys, may have backward compatibility. Please confirm this with your reseller. If your key is compatible, you can directly use it to activate Windows Server 2016.
Hope it helps.
Best regards,
Lei