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.
This page provides access to U.S. Securities and Exchange Commission filings for DouYu International Holdings Limited (Nasdaq: DOYU), a game-centric live streaming platform in China headquartered in Wuhan. As a foreign private issuer, DouYu files an annual report on Form 20-F that includes audited consolidated financial statements, detailed business descriptions and risk factors. The company has disclosed the filing of its Form 20-F for the fiscal year ended December 31, 2024, and makes this report available through the SEC’s EDGAR system.
DouYu also submits Form 6-K current reports, which frequently attach its quarterly earnings press releases as exhibits. These 6-K filings cover unaudited financial results for specific quarters, including total net revenues, gross profit, income or loss from operations, net income or loss and non-GAAP measures such as adjusted net income or adjusted net loss. They also present operating metrics such as average mobile MAUs, quarterly average paying users and ARPPU for both livestreaming-related business and the company’s voice-based social networking business.
Through these filings, investors can review DouYu’s disclosures on revenue composition between livestreaming and innovative business, advertising and other revenues, as well as information on cost of revenues, revenue-sharing fees, content costs and bandwidth costs. The filings further explain non-GAAP reconciliations and safe harbor statements regarding forward-looking information.
On Stock Titan, DouYu’s SEC filings are updated in line with EDGAR submissions, and AI-powered tools can help summarize lengthy documents such as the Form 20-F or detailed 6-K exhibits. Users can quickly identify key sections on financial performance, business segments, non-GAAP adjustments and other regulatory information relevant to DOYU.
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.
DouYu International Holdings Ltd filed an initial insider ownership report for director Chen Beck Zhaoming on Form 3. The filing identifies Chen as a board member but does not list any reported transactions or derivative positions, indicating this is a baseline disclosure of insider status.