GUANGZHOU, CHINA, May 23, 2023
/PRNewswire/ -- HUYA Inc. (NYSE: HUYA) ("Huya" or the "Company"), a
leading game live streaming platform in China, today announced that Mr. Songtao Lin has been appointed by Linen
Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent"), as a successor director to serve on
Huya's board of directors (the "Board"), replacing Mr. Lingdong
Huang, effective May 23, 2023. Mr.
Lingdong Huang no longer serves as a director and the chairman of
the Board or as a member of any Board committees of Huya following
this substitution.
In addition, Huya's Board has approved the appointment of Mr.
Songtao Lin as the chairman of the
Board and a member of the Board's nominating and corporate
governance committee, effective immediately.
The Board is pleased to welcome Mr. Songtao Lin and looks forward to adding Mr.
Lin's expertise and perspectives to Huya's Board. His successful
experience in various products and businesses will be invaluable as
Huya continues to strengthen its position in the game live
streaming market and unlock long-term commercialization
opportunities across the games value chain. The Board would also
like to express its sincere gratitude to Mr. Lingdong Huang for his
commitment and contributions to Huya over the past few years.
Mr. Songtao Lin joined
Tencent in 2003 and currently serves
as the corporate vice president of Tencent. Mr. Lin has held management positions
within various Tencent business
lines, including QQ, Qzone, Open Platform, GuangDianTong,
YingYongBao, and the On-line Video Business Unit. Mr. Lin received
a master's degree in computer application technology from
Tianjin University in 2003 and an
executive MBA degree from CEIBS (China European International
Business School) in 2014.
About HUYA Inc.
HUYA Inc. is a leading game live streaming platform in
China with a large and active game
live streaming community. The Company cooperates with e-sports
event organizers, as well as major game developers and publishers,
and has developed e-sports live streaming as one of the most
popular content genres on its platform. The Company has created an
engaged, interactive and immersive community for game enthusiasts
of China's young generation.
Building on its success in game live streaming, Huya has also
extended its content to other entertainment content genres. Huya's
open platform also functions as a marketplace for broadcasters and
talent agencies to congregate and closely collaborate with the
Company.
For more information, please visit: https://ir.huya.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Among other things,
the business outlook and quotations from management in this
announcement, as well as Huya's strategic and operational plans,
contain forward-looking statements. Huya may also make written or
oral forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission ("SEC"), in its annual report 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 Huya's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. 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: Huya's goals and strategies; Huya's future business
development, results of operations and financial condition; the
expected growth of the game live streaming market; the expectation
regarding the rate at which to gain active users, especially paying
users; Huya's ability to monetize the user base; Huya's efforts in
complying with applicable data privacy and security regulations;
fluctuations in general economic and business conditions in
China; the impact of the COVID-19
to Huya's business operations and the economy in China and elsewhere generally; any regulatory
developments in laws, regulations, rules, policies or guidelines
applicable to Huya; and assumptions underlying or related to any of
the foregoing. Further information regarding these and other risks
is included in Huya's filings with the SEC. All information
provided in this press release and in the attachments is as of the
date of this press release, and Huya does not undertake any
obligation to update any forward-looking statement, except as
required under applicable law.
For investor and media inquiries, please contact:
In China:
HUYA Inc.
Investor Relations
Tel: +86-20-2290-7829
E-mail: ir@huya.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com
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SOURCE HUYA Inc.