Welcome to our dedicated page for Douyu International Holdings SEC filings (Ticker: DOYU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
DouYu International Holdings Limited filings document a foreign private issuer operating a game-centric live streaming platform in China. Form 6-K current reports furnish press-release exhibits with unaudited quarterly and annual results, including livestreaming revenue, voice-based social networking revenue, user and paying-user metrics, costs, gross profit, net income or loss, and non-GAAP adjusted results.
The company's annual Form 20-F reporting covers audited consolidated financial statements and the formal annual disclosure record for DouYu as a Nasdaq-listed issuer. Its filing record centers on platform operating metrics, revenue mix, expense trends, foreign-issuer reporting status, and financial presentation for its livestreaming, content, and community-based services.
DouYu International Holdings Ltd ownership update: Morgan Stanley and Morgan Stanley Capital Services LLC report beneficial ownership of 1,194,550 shares representing 4.0% of the class as shown on the cover page dated 03/31/2026. The filing states both entities have "ceased to be the beneficial owner of more than five percent of the class of securities."
DouYu International Holdings Limited, a Cayman Islands holding company, explains that it operates in China mainly through PRC subsidiaries and variable interest entities Wuhan Douyu and Wuhan Ouyue. The VIEs generated about 99% of net revenues in 2023, 2024 and 2025 and held 42% of consolidated total assets as of December 31, 2025.
The filing details the contractual framework giving Douyu economic benefits and control over the VIEs, while stressing that PRC law bars direct foreign ownership in key internet and telecom businesses. It highlights significant regulatory, cybersecurity, data, capital‑controls and HFCAA delisting risks that could materially affect operations and ADS value.
DouYu International Holdings Limited reported sharply improved profitability for the fourth quarter and full year 2025, despite lower revenue. Fourth-quarter net revenues were RMB918.8 million, down from RMB1,136.0 million a year earlier, but gross profit rose to RMB118.0 million as cost of revenues fell significantly. The company swung from a loss from operations of RMB192.9 million in the prior-year quarter to income from operations of RMB4.7 million, with net income of RMB1.4 million.
For full-year 2025, net revenues were RMB3,818.9 million versus RMB4,270.8 million in 2024, reflecting pressure on the core live streaming business. However, gross profit increased to RMB489.5 million and net loss narrowed to RMB29.1 million from RMB306.8 million. Adjusted net income (non-GAAP) turned positive at RMB40.2 million, compared with an adjusted net loss of RMB249.2 million in 2024. Management highlighted revenue diversification, particularly in innovative business, advertising and other revenues, and tighter cost control as drivers of higher gross margin and improved earnings.
DouYu International Holdings Ltd director Yu Haiyang has filed an initial ownership report showing that he does not beneficially own any of the company’s securities. The filing lists total shares owned as zero, indicating no direct equity or derivative position reported in his name.
DouYu International Holdings Ltd director ZHOU Song filed an initial ownership report showing no holdings in the company’s securities. The Form 3 states that no securities are beneficially owned and lists zero shares owned directly after the reporting date.
DouYu International Holdings Ltd director and Chief Executive Officer Chen Shaojie has filed an initial ownership report showing indirect holdings of 5,441,948 ordinary shares. These shares are held through Warrior Ace Holding Limited, which is beneficially owned and controlled by Chen Shaojie. This filing records existing ownership and does not report any new share purchases or sales.
DouYu International Holdings Ltd filed an insider ownership report for Su Mingming, who serves as both a director and Chief Strategy Officer. The Form 3 data provided does not list any share transactions or derivative positions, indicating only the reporting of insider status at the company.
DouYu International Holdings Ltd filed an initial statement of beneficial ownership for Simin Ren, who serves as both a director and Co-Chief Executive Officer. This Form 3 does not list any share transactions or current holdings, and there are no derivative securities reported.
DouYu International Holdings Ltd executive Cao Hao, who serves as both a director and a vice president, has filed an initial ownership report on Form 3. The filing does not report any stock purchase, sale, or other equity transaction, and lists no derivative positions.
DouYu International Holdings Ltd filed an initial insider ownership report for Cheng Chao, who serves as Chief Operational Officer. This Form 3 establishes Cheng Chao’s status as a reporting insider of the company. The filing data shows no reported transactions or derivative holdings at this time.