GUANGZHOU, China, Sept. 4,
2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the
"Company") (NYSE: HUYA), a leading game live streaming platform in
China, today announced that Mr.
Raymond Peng Lei has been appointed
by the Company's board of directors (the "Board") to serve as
Acting Co-Chief Executive Officer ("Acting Co-CEO") and Chief
Financial Officer of the Company, effective September 5, 2024. Mr. Lei will succeed Ms.
Ashley Xin Wu as Acting Co-CEO and
will jointly assume the duties of Chief Executive Officer of the
Company with Mr. Junhong Huang,
Director, Acting Co-CEO and Senior Vice President of the Company.
Upon the appointment of Mr. Lei, Ms. Wu will continue to serve as
Vice President of Finance of the Company.
"On behalf of the Board, we are delighted to welcome Raymond to
Huya's management team. His extensive management and financial
expertise will support and propel Huya as the Company continues to
advance its strategic transformation and business development. We
would also like to express our gratitude for Ashley's contributions
in her role as Acting Co-CEO over the past year," said Mr.
Songtao Lin, the Chairman of the
Board.
Prior to joining Huya, Mr. Lei served as the finance director of
Tencent Financial Technology (FiT).
He first joined Tencent in 2004 and
served in various finance roles during his tenure at Tencent of more than 18 years. Previously, Mr.
Lei worked at PricewaterhouseCoopers for over 10 years, engaging in
auditing and consulting services. Mr. Lei is a member of the
Chinese Institute of Certified Public Accountants and received his
bachelor's degree in economics from Shenzhen University in 1994.
About HUYA Inc.
HUYA Inc. is a leading game live streaming platform in
China. As a technology-driven
company, Huya offers rich and dynamic content across games,
e-sports, and other entertainment genres where it has cultivated a
large, highly engaged, interactive, immersive community of game
enthusiasts. Building on its success in game live streaming and
through close collaboration with game companies, e-sports
tournament organizers, broadcasters and talent agencies, Huya is
expanding its presence in the game industry, both domestically and
internationally. By providing more innovative game-related
services, the Company is committed to meeting the evolving needs of
game enthusiasts, content creators, and industry partners.
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 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 live streaming market and game 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 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 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
Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com
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SOURCE HUYA Inc.
