Financial Performance - Total net revenues for Q2 2023 were RMB1,392.2 million (US$192.0 million), a decrease of 24.1% from RMB1,833.2 million in Q2 2022[2] - Gross profit in Q2 2023 was RMB188.9 million (US$26.1 million), down from RMB309.0 million in Q2 2022, resulting in a gross margin of 13.6% compared to 16.9% in the same period last year[7] - Net income for Q2 2023 was RMB6.8 million (US$0.9 million), a significant improvement from a net loss of RMB38.8 million in Q2 2022[9] - Adjusted net income increased by 160.8% year-over-year to RMB61.4 million (US$8.5 million) in Q2 2023, compared to RMB23.5 million in Q2 2022[4] - Net revenues for the three months ended June 30, 2023, were RMB 1,392,193, a decrease of 22.4% compared to RMB 1,833,205 for the same period in 2022[31] - Gross profit for the three months ended June 30, 2023, was RMB 188,899, reflecting a gross margin of approximately 13.5%[31] - The company reported a net loss attributable to ordinary shareholders of RMB 6,848 for the three months ended June 30, 2023, compared to a net loss of RMB 30,916 for the same period in 2022[31] - The net loss income for the three months ended June 30, 2023, was RMB 6,848, compared to a net loss of RMB 38,757 for the same period in 2022, representing a significant improvement[32] - The net loss income for the six months ended June 30, 2023, was RMB 21,365, compared to a net loss of RMB 125,612 for the same period in 2022, showing a significant reduction in losses[32] User Metrics - Average mobile MAUs in Q2 2023 were 50.3 million, down from 55.7 million in the same period of 2022[2] - The number of quarterly average paying users decreased to 4.0 million in Q2 2023 from 6.6 million in Q2 2022[2] Revenue Breakdown - Livestreaming revenues fell by 28.8% to RMB1,258.3 million (US$173.5 million) in Q2 2023, primarily due to operational adjustments and a challenging macro environment[5] - Advertising and other revenues increased by 106.5% to RMB133.9 million (US$18.5 million) in Q2 2023, driven by game-specific membership services[5] Expenses and Liabilities - Sales and marketing expenses decreased by 48.0% to RMB87.0 million (US$12.0 million) in Q2 2023, reflecting reduced user acquisition costs[8] - Total current liabilities decreased slightly from RMB 1,558,664 as of December 31, 2022, to RMB 1,551,288 as of June 30, 2023[27] - Research and development expenses for the three months ended June 30, 2023, were RMB 71,043, down from RMB 101,847 for the same period in 2022[31] Cash and Assets - Cash and cash equivalents as of June 30, 2023, were RMB7,055.5 million (US$973.0 million), up from RMB6,808.8 million at the end of 2022[10] - Cash and cash equivalents increased from RMB 4,041,603 as of December 31, 2022, to RMB 4,514,968 as of June 30, 2023, indicating a rise of 11.7%[26] - Total assets increased from RMB 8,145,366 as of December 31, 2022, to RMB 8,354,630 as of June 30, 2023, representing a growth of 2.56%[26] - The company’s total shareholders' equity increased from RMB 6,560,559 as of December 31, 2022, to RMB 6,791,524 as of June 30, 2023, an increase of 3.5%[29] - Long-term bank deposits rose significantly from RMB 250,000 as of December 31, 2022, to RMB 560,000 as of June 30, 2023, marking a 124% increase[26] Shareholder Information - The weighted average number of ordinary shares used in calculating net loss per ordinary share was 31,977,664 for the three months ended June 30, 2023[31] - The adjusted net loss income per ordinary share for the three months ended June 30, 2023, was RMB 1.92, up from RMB 0.99 in the same period of the previous year[32] - The weighted average number of ordinary shares used in calculating adjusted net loss income per ordinary share for the three months ended June 30, 2023, was 31,977,664, compared to 31,827,240 for the same period in 2022[32] Investment Performance - The share of loss in equity method investments for the three months ended June 30, 2023, was RMB 977, down from RMB 2,887 in the same period of 2022, indicating improved performance in equity investments[32] - The impairment loss of investments for the three months ended June 30, 2023, was RMB 8,000, a decrease from RMB 28,571 in the same period of the previous year[32] Adjusted Losses - Adjusted net loss income attributable to DouYu for the six months ended June 30, 2023, was RMB 61,379, compared to a loss of RMB 21,123 for the same period in 2022, indicating a worsening trend[32] - The adjusted operating loss for the three months ended June 30, 2023, was RMB (7,514), an improvement from RMB (30,556) in the same period of 2022[32] - The share-based compensation expenses for the three months ended June 30, 2023, were RMB 30,834, which is a decrease from RMB 64,044 for the same period in 2022[32]

DouYu International Holdings Limited (NASDAQ:DOYU) Q1 2023 Earnings Conference Call May 18, 2023 7:00 AM ET Company Participants Lingling Kong - Investor Relations Director Shaojie Chen - Chairman and Chief Executive Officer Hao Cao - Vice President, Finance Mingming Su - Chief Strategy Officer Conference Call Participants Lei Zhang - Bank of America Thomas Chong - Jefferies Ritchie Sun - HSBC Raphael Chen - Bank of China International Operator Good morning and good evening, ladies and gentlemen. Thank you, ...

Financial Performance - Total net revenues for Q1 2023 were RMB1,483.1 million (US$216.0 million), a decrease of 17.4% from RMB1,795.6 million in Q1 2022[2] - Gross profit in Q1 2023 was RMB176.5 million (US$25.7 million), with a gross margin of 11.9%, down from 13.6% in the same period of 2022[8] - Net income for Q1 2023 was RMB14.5 million (US$2.1 million), compared to a net loss of RMB86.9 million in Q1 2022[10] - Total net revenues for the three months ended March 31, 2023, were RMB 1,483,060, a decrease of 12.5% compared to RMB 1,681,054 for the previous quarter[30] - Gross profit for the same period was RMB 176,466, representing a gross margin of approximately 11.9%[30] - The company reported a net loss attributable to ordinary shareholders of RMB 14,517, compared to a net income of RMB 45,320 in the previous quarter[30] - The net income attributable to DouYu for the same period was RMB 14,517 million, compared to a net loss of RMB (86,854) million in the same quarter of the previous year[33] User Metrics - Average mobile MAUs in Q1 2023 were 50.2 million, down from 55.1 million in Q1 2022[2] - Quarterly average paying user count in Q1 2023 was 4.5 million, compared to 6.4 million in the same period of 2022[3] Revenue Breakdown - Livestreaming revenues decreased by 20.7% to RMB1,369.0 million (US$199.3 million) in Q1 2023 from RMB1,727.2 million in Q1 2022[6] - Advertising and other revenues increased by 66.6% to RMB114.1 million (US$16.6 million) in Q1 2023, up from RMB68.4 million in Q1 2022[6] Expenses and Costs - Research and development expenses decreased by 37.8% to RMB72.3 million (US$10.5 million) in Q1 2023 from RMB116.3 million in Q1 2022[9] - Research and development expenses for the three months ended March 31, 2023, were RMB 72,311, down from RMB 80,566 in the previous quarter[30] - The company reported share-based compensation expenses of RMB 33,210 million for the three months ended March 31, 2022, which were not present in the subsequent quarters[33] Cash and Assets - Cash and cash equivalents as of March 31, 2023, were RMB6,597.1 million (US$960.6 million), down from RMB6,808.8 million as of December 31, 2022[11] - Cash and cash equivalents decreased to RMB 3,846,182 as of March 31, 2023, down from RMB 4,041,603 as of December 31, 2022[27] - Total current assets were RMB 6,987,424, a slight decrease from RMB 7,077,184 as of December 31, 2022[27] - The company’s total shareholders' equity decreased to RMB 6,500,589 as of March 31, 2023, from RMB 6,560,559 as of December 31, 2022[29] Liabilities and Deficits - Total liabilities decreased to RMB 1,563,418 as of March 31, 2023, compared to RMB 1,584,806 as of December 31, 2022[29] - The company’s accumulated deficit was RMB 3,506,008 as of March 31, 2023, slightly improved from RMB 3,520,525 as of December 31, 2022[29] Adjusted Metrics - Adjusted net income for Q1 2023 was RMB25.8 million (US$3.7 million), compared to an adjusted net loss of RMB52.5 million in Q1 2022[10] - For the three months ended March 31, 2023, the adjusted operating loss was RMB (27,277) million, a significant improvement from RMB (56,017) million in the previous quarter[33] - Adjusted net income attributable to DouYu reached RMB 25,753 million for the three months ended March 31, 2023, a substantial increase from RMB (52,498) million in the same quarter of the previous year[33] - The adjusted net loss income per ordinary share improved to 0.80 for the three months ended March 31, 2023, compared to (1.64) in the same quarter of the previous year[33] - The adjusted net loss income per ADS was 0.08 for the three months ended March 31, 2023, compared to (0.16) in the same quarter of the previous year[33] Investment and Impairment - The share of loss in equity method investments was RMB 3,236 million for the three months ended March 31, 2023, compared to a loss of RMB (63,781) million in the previous quarter[33] - The company experienced impairment losses of investments amounting to RMB 8,000 million for the three months ended March 31, 2023[33]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2023 Commission file number: 001-38967 DouYu International Holdings Limited (Exact Name of Registrant as Specified in Its Charter) 20/F, Building A, New Development International Center, No. 473 Guanshan Avenue, Hongshan District, Wuhan, Hubei Province The People's Republic of China (Address of Principal Exec ...

DouYu International Holdings Limited (NASDAQ:DOYU) Q4 2022 Earnings Conference Call March 20, 2023 7:00 AM ET Company Participants Lingling Kong - Investor Relations Director Hao Cao - Vice President, Finance Shaojie Chen - Chairman and Chief Executive Officer Mingming Su - Chief Strategy Officer Conference Call Participants Lei Zhang - Bank of America Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Raphael Chen - BOCI Research Limited Operator Good morning and good evening, ladies and gentlemen. ...

DouYu International Holdings Limited (NASDAQ:DOYU) Q3 2022 Earnings Conference Call November 21, 2022 7:00 AM ET Company Participants Lingling Kong - Investor Relations Director Shaojie Chen - Chairman and Chief Executive Officer Hao Cao - Vice President, Finance Conference Call Participants Lei Zhang - Bank of America Thomas Chong - Jefferies Raphael Chen - BOCI Ritchie Sun - HSBC Cathy Tang - Morgan Stanley Operator Good morning and good evening ladies and gentlemen. Thank you and welcome to DouYu Interna ...

DouYu International Holdings Limited (NASDAQ:DOYU) Q2 2022 Earnings Conference Call August 15, 2022 7:00 AM ET Company Participants Lingling Kong - Investor Relations Director Shaojie Chen - Chairman and Chief Executive Officer Mingming Su - Chief Strategy Officer Hao Cao - Vice President, Finance Conference Call Participants Lei Zhang - Bank of America Alex Poon - Morgan Stanley Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Brian Gong - Citigroup Operator Good morning and good evening, ladies an ...

DouYu International Holdings Limited (NASDAQ:DOYU) Q1 2022 Earnings Conference Call May 18, 2022 7:00 AM ET Company Participants Lingling Kong - Investor Relations Shaojie Chen - Chairman & Chief Executive Officer Hao Cao - Vice President of Finance Mingming Su - Chief Strategy Officer Conference Call Participants Lei Zhang - Bank of America Merrill Lynch Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Alex Poon - Morgan Stanley Ritchie Sun - HSBC Operator Good morning and good evening, ladies and ...