There has been a change of ownership at DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), which the Company was informed on November 20, 2023 that Mr.. On or around November 16, 2023, Shaojie Chen, the Company's Chief Executive Officer and Chairman of the Board of Directors (the "Board"), was arrested by the Chengdu police as a result of an investigation conducted by the Chengdu police department.. As of the present time, the Company has not received any official notice of the investigation being conducted against Mr.. Chen or the reasons for Mr. Chen's resignation. The arrest of Chen seems to have taken place. If there are any subsequent legal proceedings that may follow, the Company is not able to comment on the nature or expected timeline of those proceedings, if any.. I am Mr.. The company's reputation, business and results of operations may be adversely affected by Chen's continued detention and any subsequent related legal proceedings and enforcement actions against the parties involved as a result of his ongoing detention
The company's reputation, business and results of operations may be adversely affected by Chen's continued detention and any subsequent related legal proceedings and enforcement actions against the parties involved as a result of his ongoing detention
It is the Company's commitment to maintaining compliance with regulatory requirements on its platform that ensures normal operation of its business. In response to Mr. Chen's arrest and related investigations, the Board and management of the Company will supervise the company's operations and formulate contingency plans. 
Detailed information about DouYu International Holdings Limited can be found here
As a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, DouYu International Holdings Limited (Nasdaq: DOYU) is headquartered in Wuhan, China.. The DouYu platform can be used on both PCs and mobile apps to provide users with an immersive and interactive gaming and entertainment experience, livestreaming content, as well as a wide range of video and graphic content, as well as participation in forums and community events.. As a result of cultivating a sustainable technology-based talent development system and continuously producing high-quality content, DouYu consistently delivers premium content through a combination of live streaming, video, graphics, and virtual communities with a primary focus on video games, particularly eSports.. The result is that DouYu is able to continuously expand its user base and enhance its user experience as a result of this. In order to find out more information, please visit the following website: http://ir.org/.Douyu kaizu zaizu.Click here https://www.com/
Click here https://www.com/
Statements of Safe Harbor
There are forward-looking statements in this press release. In making these statements, we are acting under the "safe harbor" provisions of the U.S.. In 1995, the Private Securities Litigation Reform Act (PSLRA) was passed. Forward-looking statements refer to statements that are not historical facts, such as statements that describe the Company's beliefs and expectations about the future. 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, including but not limited to the following: the Company's results of operations and financial condition; the Company's business strategies; general market conditions, in particular the game live streaming market; the ability of the Company to retain and grow active and paying users; changes in general economic and business conditions in China; the impact of the COVID-19 to the Company's business operations and the economy in China and globally; any adverse changes in laws, regulations, rules, policies or guidelines applicable to the Company; and assumptions underlying or related to any of the foregoing. There is no way to identify forward-looking statements if they do not include such words or phrases as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions.. Please refer to the Company's filings with the Securities and Exchange Commission for further information regarding these and other risks, uncertainties or factors.. Unless otherwise required by applicable law, all information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update such information, except as required by law.
Unless otherwise required by applicable law, all information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update such information, except as required by law.
Contact information for Investor Relations
The following is the situation in China:
Lingling KongDouYu International Holdings Limited Email: ir@douyu.tvTel: +86 (10) 6508-0677Lingling KongDouYu International Holdings Limited
Piacente Financial Communications Andrea GuoDouyu@tpg-ir.com TEL: +86 (10) 6508-0677 E-mail: douyu@tpg-ir.com Fax: +86 (10) 6508-0677 
As a matter of fact, in the United States:
Piacente Financial Communications, Brandi PiacenteEmail: douyu@tpg-ir.comTel: +1-212-481-2050
Contact information for media relations
We are Lingling KongDouYu International Holdings Limited. Our e-mail address is pr_douyu@douyu.tv and our phone number is +86 (10) 6508-0677.
The source of the information is DouYu International Holdings Limited
In early 2011, DouYu International Holdings Limited ("DouYu" or the "Company"), a leading game-centric live streaming platform in China and a pioneer in the field, was traded on Nasdaq under the symbol DOYU.
We are very pleased to announce that we have acquired DouYu International Holdings Limited ("DouYu" or the "Company") (NASDAQ: DOYU), a leading game-centric live streaming platform in China, ...
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