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HUYA Inc. Provides Update on Share Repurchase Program

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GUANGZHOU, China, March 21, 2025 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game live streaming platform in China, today provided an update on its ongoing share repurchase program in response to investor inquiry. As previously disclosed, under this program, the Company is authorized to repurchase up to US$100 million of its American depositary shares (“ADSs”) or ordinary shares until March 31, 2026. In a show of confidence following the recent fluctuations in its stock price, Huya repurchased approximately US$1.1 million worth of its ADSs on March 20, 2025, with the number of ADSs acquired nearly reaching the daily repurchase limit under Rule 10b-18 for that day.

Mr. Raymond Peng Lei, Acting Co-Chief Executive Officer and Chief Financial Officer of Huya, commented, “This recent share repurchase demonstrates our commitment to enhancing shareholder value and reflects our belief that the Company’s current market valuation does not accurately represent its underlying fundamentals and future prospects. We remain steadfast in our dedication to the long-term development of our business and the creation of sustainable value for our stakeholders.”

Going forward, Huya will continue to evaluate market conditions and repurchase shares from time to time under its share repurchase program. The timing, frequency, volume and other specific terms of any future repurchases will be at the Company’s full discretion, subject to market conditions, the share repurchase program and applicable law. This update is provided in response to recent investor inquiry, and the Company is not obligated to provide regular updates on repurchase activities beyond those legally required.

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 

View original content:https://www.prnewswire.com/news-releases/huya-inc-provides-update-on-share-repurchase-program-302407963.html

SOURCE HUYA Inc.

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Applied Medical Launches Two Innovative Suture Passing Instruments: RHAPSO™ and GEMINI®

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BRECKSVILLE, Ohio, May 7, 2025 /PRNewswire/ — Applied Medical Technology, Inc. proudly announces the launch of two cutting-edge suture passing solutions engineered for precision, efficiency, and adaptability in minimally invasive procedures: RHAPSO™ and GEMINI®.

RHAPSO™ – Versatile Suture Passing Instrument

Designed for surgeons seeking refined control and ease in suturing, RHAPSO™ is a 17-gauge fine needle suture passer that delivers exceptional performance in confined surgical spaces. Featuring a wide opening for enhanced suture capture, RHAPSO™ streamlines suturing through its spring-assisted, atraumatic grasper arms.

Key Benefits:

Available with curved or straight echogenic needle options

Luer access for fluid and radiographic media management

Ergonomic design for intuitive, precise handling

Ideal for minimally invasive and complex tissue approximation

GEMINI® – Suture Passer with Magnet Technology

Introducing the next evolution in suture management, GEMINI® incorporates self-aligning magnet technology to simplify intracorporeal suture retrieval. Designed to minimize tissue trauma, GEMINI® includes magnetic suture loops and a magnetized grasper arm for seamless, reliable connection.

Key Benefits:

Smallest gauge suture passer in its class (17-gauge needle)

Straight and curved needle kits available

Built-in luer access and suture exchange loop feature

Enhanced wound healing potential via low-trauma design

“With RHAPSO™ and GEMINI®, we’re equipping surgeons with tools that simplify complex tasks and support better patient outcomes,” said Joe Harr, Surgical Sales Manager at Applied Medical Technology, Inc. “These devices reflect our commitment to advancing surgical precision and procedural confidence.”

For ordering information, visit www.AppliedMedical.net or contact Customer Service at 800-869-7382.

About AMT: Applied Medical Technology, Inc. (AMT) is a global leader in enteral and surgical devices committed to improving lives through innovation. For 40 years, AMT has bridged the gap between medical technology and patient needs, collaborating with healthcare professionals and users to develop high-quality, life-enhancing solutions. Our holistic approach prioritizes the well-being of the whole person, not just the device they use.

View original content to download multimedia:https://www.prnewswire.com/news-releases/applied-medical-launches-two-innovative-suture-passing-instruments-rhapso-and-gemini-302448999.html

SOURCE Applied Medical Technology, Inc.

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Only 0.001% of the Deep Seafloor Visually Observed in Seventy Years, Revealing Gaps and Bias in Ocean Exploration

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SAUNDERSTOWN, R.I., May 7, 2025 /PRNewswire/ — In a groundbreaking study published today in Science Advances, researchers from Ocean Discovery League reveal that only a minuscule fraction of the deep seafloor has been imaged. Despite covering 66% of Earth’s surface, the deep ocean remains largely unexplored. The study, “How Little We’ve Seen: A Visual Coverage Estimate of the Deep Seafloor,” is the first to document that, in decades of deep-sea exploration, humans have observed less than 0.001% of the deep seafloor. This total area is roughly the size of Rhode Island or one-tenth the size of Belgium.

In a groundbreaking study, researchers reveal that only a minuscule fraction of the deep seafloor has been imaged.

The deep ocean, defined as being deeper than 200 meters, sustains diverse ecosystems and provides essential services, including oxygen production, climate regulation, and crucial pharmaceutical discoveries, and plays a critical role in maintaining the health of our planet. Yet, despite its importance, research into this immense ecosystem is severely limited, with visual surveys primarily focused on just a few regions and countries. Visual imaging is one of the most critical methods to study the deep seafloor and is one of the three key pillars of ocean exploration, alongside mapping and sampling.

“As we face accelerated threats to the deep ocean—from climate change to potential mining and resource exploitation—this limited exploration of such a vast region becomes a critical problem for both science and policy,” said Dr. Katy Croff Bell, President of Ocean Discovery League, National Geographic Explorer, and lead author of the study. “We need a much better understanding of the deep ocean’s ecosystems and processes to make informed decisions about resource management and conservation.”

Using data from approximately 44,000 deep-sea dives with observations conducted since 1958, across the waters of 120 different countries, the study is the most comprehensive global estimate of deep-sea benthic observations to date and highlights the disparity in global exploration efforts. Given that not all dive records are public, the researchers assert that even if these estimates are off by a full order of magnitude, less than one-hundredth of 1% of the seafloor would have any visual records.

Remarkably, a majority of the visual observations have occurred within 200 nautical miles of just three countries: the United States, Japan, and New Zealand. Due to the high cost of ocean exploration, a mere handful of nations dominate deep-sea exploration, with five countries— the United States, Japan, New Zealand, France, and Germany—responsible for 97% of all deep-sea submergence observations. This bias in geographic coverage and operator representation has led the oceanographic community to base much of its characterization of the deep ocean ecosystem on this incredibly small and unrepresentative sample.

These findings underscore the urgent need for a more comprehensive and global effort to explore the deep ocean, ensuring that scientific research and conservation efforts accurately reflect the true extent of the seafloor. As noted in the study, if the scientific community were to make all assumptions about terrestrial ecosystems from observations of only 0.001% of that total area, they would be basing their assessments of all land-based life on Earth on an area roughly the size of Houston, Texas.

“There is so much of our ocean that remains a mystery,” says Dr. Ian Miller, Chief Science and Innovation Officer at the National Geographic Society, which contributed funding for this work. “Deep-sea exploration led by scientists and local communities is crucial to better understanding the planet’s largest ecosystem. Dr. Bell’s goals to equip global coastal communities with cutting-edge research and technology will ensure a more representative analysis of the deep sea. If we have a better understanding of our ocean, we are better able to conserve and protect it.”

To address these challenges, the researchers call for expanding exploration efforts and utilizing advancements in smaller, more affordable deep-sea tools to increase access to the deep ocean.

Funding for this study was provided in part by the National Geographic Society and Rolex Perpetual Planet Expeditions program, Lyda Hill Philanthropies, and the Cabot Family Charitable Trust.

Link: https://www.science.org/doi/10.1126/sciadv.adp8602

View original content:https://www.prnewswire.com/news-releases/only-0-001-of-the-deep-seafloor-visually-observed-in-seventy-years-revealing-gaps-and-bias-in-ocean-exploration-302448007.html

SOURCE Ocean Discovery League

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Proactive Data Storage Management: Open-E’s New Check-Up Service is Here

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Open-E Introduces Check-Up Service: Proactive Health Check for Data Storage Systems

ATLANTA, May 7, 2025 /PRNewswire/ — Open-E, a leading developer of innovative data storage software, today announced the launch of Open-E Check-Up, a professional service designed to evaluate and optimize the health of Open-E JovianDSS-powered data storage systems. This service provides businesses with a comprehensive assessment of their data storage infrastructure, identifying potential issues and ensuring peak performance and reliability.

“The efficient and secure operation of data storage systems is crucial. Open-E Check-Up Service offers a proactive approach to system maintenance, helping organizations avoid costly downtime and data loss, and being proactive, instead of reactive. The service includes a detailed evaluation process, starting with a consultation to understand specific needs. Secure data collection and analysis are then performed using log files and a dedicated spreadsheet, ensuring no direct external access to the system,” said Krzysztof Franek, CEO of Open-E. 

The Open-E Check-Up service delivers:

Detailed System Documentation: A comprehensive overview of the current storage environment.Issue Identification and Risk Assessment: A clear summary of any identified problems, along with an evaluation of the associated risks.Tailored Optimization Recommendations: Specific, actionable steps to improve system stability, efficiency, and security.Personal Consultation: An expert-led discussion of the findings and recommendations.

“Open-E Check-Up is more than just a health check; it’s a strategy for data storage excellence,” said Krzysztof Franek. “By identifying and addressing potential issues before they escalate, we empower businesses to maintain optimal performance, minimize risks, and focus on their core objectives.”

The Open-E Check-Up Service is ideal for businesses of all sizes seeking to ensure the reliability and efficiency of their data storage systems. The service is available immediately. For more information, please visit the Open-E Check-Up Service page: https://www.open-e.com/r/gb62/ or register to join the Open-E’s webinar on May 14th: https://www.open-e.com/r/rny4/

About Open-E

Open-E is the developer of the award-winning Open-E JovianDSS, a flagship software-defined storage platform renowned for its reliability, flexibility, and high performance. With over 40,000 implementations worldwide, Open-E has established itself as a trusted leader in the data storage industry. The company has garnered significant recognition for its innovative solutions, consistently meeting the demanding storage needs of businesses across various sectors. Open-E remains committed to delivering cutting-edge technology and exceptional support to its global customer base.

Press Contact

Paweł Brzeżek
Open-E, Inc.
+49 (89) 800-777-18
pawel.brzezek@open-e.com 

Logo – https://mma.prnewswire.com/media/2588722/5303745/OPEN_E_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/proactive-data-storage-management-open-es-new-check-up-service-is-here-302447383.html

SOURCE Open-E

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