Connect with us

Technology

HUYA Inc. Provides Update on Share Repurchase Program

Published

on

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.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

BlackDoctor.org Announces Inductees in First Hall of Fame, BDOs Highest Distinction, Recognizing Lifetime Achievements in the US Healthcare Industry

Published

on

By

CHICAGO, April 4, 2025 /PRNewswire/ — In a historic moment, BlackDoctor.org (BDO) inducts its first class into the inaugural TBH Hall of Fame, BDOs highest distinction. This milestone, to be announced during the 10th anniversary of the Top Blacks in Healthcare Awards Ceremony, honors those who have made groundbreaking contributions and impacted the lives of generations to come.

A Key Partner to Healthcare Stakeholders, BDO Prepares Unforgettable Experience at Fontainebleau Miami April 9-10, 2025.

The inductees, selected through a rigorous and thoughtful process, have demonstrated unwavering dedication to improving and saving lives. Their innovations, leadership, and advocacy have transformed the lives of millions of Black Americans.

“It is our honor and pleasure to recognize 11 exceptional individuals who are industry leaders in healthcare. Their long-lasting impact should never be forgotten,” said Reggie Ware, CEO, BlackDoctor.org. “The TBH Hall of Fame is a first for BDO, and we felt it was the perfect time given it’s our 10th anniversary for Top Blacks in Healthcare and our 20th anniversary for BlackDoctor.org.” 

Added Executive Editor Jade Curtis, “The TBH Hall of Fame inductees leave a legacy that will continue to inspire future generations, and we remain committed to sharing their stories because we know that where there is no vision, the people perish.”

Introducing: The Inaugural class of 2025 TBH Hall of Fame Inductees

The Hall of Fame honors 11 medical giants to cement their rich legacy in their rightful place in history. In addition to the Hall of Fame, BDO recognizes this year’s 12 distinguished TBH honorees for innovative thinking, contributions and leadership that inspire greatness in our industry – for now and for generations to come.

Vanessa Broadhurst, EVP, Global Corporate Affairs, Johnson & Johnson, Zoetis Board Member
Craig Emmitt Cole, MD, Hematologist, Karmanos Cancer Institute    
Tony Ezell, Executive Vice President, President of the Americas, BD (Becton, Dickinson and Company)
Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis
Michael LeNoir, MD, F.A.A.P, F.A.A.A.A Pediatrician, allergist
Freda Lewis-Hall, MD, Life Sciences Leader
Ted Love, MD, Chair, BIO Board of Directors
Myrtle Potter, Chair and CEO, Director, Former Chair & CEO, Sumitomo Pharma America
Reed Tuckson, MD, FACP, Managing Director of Tuckson Health Connections
Mitzi Joi Williams, MD, Founding Medical Director at Joi Life Wellness Group Neurology Center in Atlanta, GA
Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC)

Hall of Fame inductees offer advice for aspiring leaders:

“Innovate with empathy.  When empathy is combined with transformational science and excellent business acumen, the remarkable is possible,” said Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis. “Seek to understand the lived experiences of those you aim to serve- patients, caregivers, healthcare systems, and those who invest in your endeavors.”

“Be prepared to work hard,” advised Ted Love, MD, Chair, BIO Board of Directors. “The path to success in this field is competitive. However, if you genuinely love the work, you’ve already won half the battle.”

“Keep your mentors but secure sponsors, who are senior individuals who take actions on your behalf,” advised Myrtle Potter, Chair and CEO, Director, Former Chair & CEO Sumitomo Pharma America

“Be authentic. Apply your unique insights, perspectives and experiences to your work. You will then bring truly novel solutions,” said Freda Lewis-Hall, MD, Life Sciences Leader.

“My best advice for future generations of Black doctors is not to let anyone define you and tell you what you can or cannot do,” said Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC).

About BlackDoctor.org (BDO)  

BlackDoctor.org is the leading health and wellness destination for people of color, leveraging culture, content and technology to transform people’s lives for the better.

Celebrating its 20th year, BDO has a monthly audience reach of 26 million on social media and 6.5 million monthly visitors to its website. BlackDoctor.org boasts the largest online database of Black physicians and dentists as part of its free doctor search tool.  BDO has leveraged AI to create the “BlackDoctor Chat bot” which is the first AI tool providing culturally relevant answers to Black consumers’ most pressing health questions.  Consumers can ask it anything they want!

View original content to download multimedia:https://www.prnewswire.com/news-releases/blackdoctororg-announces-inductees-in-first-hall-of-fame-bdos-highest-distinction-recognizing-lifetime-achievements-in-the-us-healthcare-industry-302421282.html

SOURCE Black Doctor.org

Continue Reading

Technology

WAVLINK Giant Stream6 AI-Powered WiFi 6 Router Receives Strong Support Within 48 Hours on Kickstarter

Published

on

By

Combining AI-enhanced connectivity with Advanced Security, the Giant Stream6 Brings the Future of WiFi to Every Home

NEW YORK, April 4, 2025 /PRNewswire/ — Just two days after launching on Kickstarter, the WAVLINK Giant Stream6 AI-Enhanced AX6000 Router has captured the attention of tech enthusiasts and families alike, quickly surpassing initial funding goals. The Giant Stream6 is designed for a new generation of high-speed, AI-optimized internet that adapts seamlessly to the connectivity needs of every household, delivering performance and security with effortless precision. By combining cutting-edge WiFi 6 technology, intelligent traffic management, and robust security features, the Giant Stream6 is changing how users experience home connectivity.

“We are beyond thrilled by the support and enthusiasm we’ve received,” shares John, WAVLINK’s CEO. “It’s clear that today’s users are ready for a smarter, more intuitive router experience, and the Giant Stream6 delivers just that. We designed this router to handle everything from gaming to streaming to remote work—all while providing top-tier security and ease of use for families.”

Standout Features of the Giant Stream6:

AI-Enhanced QoE Modes: Adaptive modes (AI, Gaming, Streaming, Meeting, and Work From Home) automatically prioritize bandwidth to fit the moment, ensuring each device gets the performance it needs, precisely when it needs it.WiFi 6 Speeds and Coverage: With dual-band speeds reaching up to 6000 Mbps and eight omnidirectional antennas, the Giant Stream6 blankets large homes with fast, reliable connectivity.Advanced Security Suite: Built-in AD GuardHome, Secure DNS, VPN Privacy Protection, and a dedicated Guest WiFi network offer peace of mind, safeguarding the family’s digital experience.Mesh Compatibility: Paired with WAVLINK Everything Mesh, the Giant Stream6 eliminates dead zones, providing seamless coverage across every room.Parental Controls & Easy Management: Users can set screen time limits, content filters, and device prioritization from an intuitive interface, making network management simple and accessible.

Elevating Home Connectivity with Intelligent, User-Friendly Design

The Giant Stream6 is more than just a high-performance router; it’s a digital companion designed to evolve with users’ needs. Its AI-driven QoE modes adapt automatically, managing traffic without the need for constant adjustments. From uninterrupted gaming sessions to smooth video calls and secure browsing, the Giant Stream6 is redefining what a home network can achieve.

WAVLINK: Redefining Connectivity for Modern Living

WAVLINK continues to innovate with the mission to enhance daily life through better connectivity. The Giant Stream6 is the latest addition to a lineup of products aimed at making tech simple, efficient, and powerful—empowering users to do more in a connected world.

To join the campaign and back the Giant Stream6 on Kickstarter, visit here.

More WAVLINK products, click here.

Contact: 
zhouying@wavlink.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/wavlink-giant-stream6-ai-powered-wifi-6-router-receives-strong-support-within-48-hours-on-kickstarter-302420785.html

SOURCE Wavlink

Continue Reading

Technology

BlackDoctor.org Announces Inductees in First Hall of Fame, BDOs Highest Distinction, Recognizing Lifetime Achievements in the US Healthcare Industry

Published

on

By

CHICAGO, April 4, 2025 /PRNewswire/ — In a historic moment, BlackDoctor.org (BDO) inducts its first class into the inaugural TBH Hall of Fame, BDOs highest distinction. This milestone, to be announced during the 10th anniversary of the Top Blacks in Healthcare Awards Ceremony, honors those who have made groundbreaking contributions and impacted the lives of generations to come.

A Key Partner to Healthcare Stakeholders, BDO Prepares Unforgettable Experience at Fontainebleau Miami April 9-10, 2025.

The inductees, selected through a rigorous and thoughtful process, have demonstrated unwavering dedication to improving and saving lives. Their innovations, leadership, and advocacy have transformed the lives of millions of Black Americans.

“It is our honor and pleasure to recognize 11 exceptional individuals who are industry leaders in healthcare. Their long-lasting impact should never be forgotten,” said Reggie Ware, CEO, BlackDoctor.org. “The TBH Hall of Fame is a first for BDO, and we felt it was the perfect time given it’s our 10th anniversary for Top Blacks in Healthcare and our 20th anniversary for BlackDoctor.org.” 

Added Executive Editor Jade Curtis, “The TBH Hall of Fame inductees leave a legacy that will continue to inspire future generations, and we remain committed to sharing their stories because we know that where there is no vision, the people perish.”

Introducing: The Inaugural class of 2025 TBH Hall of Fame Inductees

The Hall of Fame honors 11 medical giants to cement their rich legacy in their rightful place in history. In addition to the Hall of Fame, BDO recognizes this year’s 12 distinguished TBH honorees for innovative thinking, contributions and leadership that inspire greatness in our industry – for now and for generations to come.

Vanessa Broadhurst, EVP, Global Corporate Affairs, Johnson & Johnson, Zoetis Board Member
Craig Emmitt Cole, MD, Hematologist, Karmanos Cancer Institute    
Tony Ezell, Executive Vice President, President of the Americas, BD (Becton, Dickinson and Company)
Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis
Michael LeNoir, MD, F.A.A.P, F.A.A.A.A Pediatrician, allergist
Freda Lewis-Hall, MD, Life Sciences Leader
Ted Love, MD, Chair, BIO Board of Directors
Myrtle Potter, Chair and CEO, Director, Former Chair & CEO, Sumitomo Pharma America
Reed Tuckson, MD, FACP, Managing Director of Tuckson Health Connections
Mitzi Joi Williams, MD, Founding Medical Director at Joi Life Wellness Group Neurology Center in Atlanta, GA
Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC)

Hall of Fame inductees offer advice for aspiring leaders:

“Innovate with empathy.  When empathy is combined with transformational science and excellent business acumen, the remarkable is possible,” said Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis. “Seek to understand the lived experiences of those you aim to serve- patients, caregivers, healthcare systems, and those who invest in your endeavors.”

“Be prepared to work hard,” advised Ted Love, MD, Chair, BIO Board of Directors. “The path to success in this field is competitive. However, if you genuinely love the work, you’ve already won half the battle.”

“Keep your mentors but secure sponsors, who are senior individuals who take actions on your behalf,” advised Myrtle Potter, Chair and CEO, Director, Former Chair & CEO Sumitomo Pharma America

“Be authentic. Apply your unique insights, perspectives and experiences to your work. You will then bring truly novel solutions,” said Freda Lewis-Hall, MD, Life Sciences Leader.

“My best advice for future generations of Black doctors is not to let anyone define you and tell you what you can or cannot do,” said Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC).

About BlackDoctor.org (BDO)  

BlackDoctor.org is the leading health and wellness destination for people of color, leveraging culture, content and technology to transform people’s lives for the better.

Celebrating its 20th year, BDO has a monthly audience reach of 26 million on social media and 6.5 million monthly visitors to its website. BlackDoctor.org boasts the largest online database of Black physicians and dentists as part of its free doctor search tool.  BDO has leveraged AI to create the “BlackDoctor Chat bot” which is the first AI tool providing culturally relevant answers to Black consumers’ most pressing health questions.  Consumers can ask it anything they want!

View original content to download multimedia:https://www.prnewswire.com/news-releases/blackdoctororg-announces-inductees-in-first-hall-of-fame-bdos-highest-distinction-recognizing-lifetime-achievements-in-the-us-healthcare-industry-302421282.html

SOURCE Black Doctor.org

Continue Reading

Trending