(SeaPRwire) –   GUANGZHOU, China, March 18, 2026 — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that its board of directors has approved a new share repurchase initiative (the “2026 Share Repurchase Program”), which became effective immediately on March 18, 2026.

According to the 2026 Share Repurchase Program, the Company is authorized to buy back up to US$50 million worth of its American depositary shares (“ADSs”) and/or ordinary shares during a 24-month timeframe concluding on March 18, 2028.

The Company’s prior share repurchase program, initially approved on August 15, 2023 (the “2023 Share Repurchase Program”), was set to expire on March 31, 2026. With the activation of the 2026 Share Repurchase Program on March 18, 2026, the 2023 program was discontinued, and the remaining unused quota of US$24.5 million was voided.

Buybacks under the 2026 Share Repurchase Program may be conducted periodically through open market transactions at current market prices, private negotiations, block trades, and/or other lawful methods, contingent on market conditions and adherence to relevant rules. The Company’s board of directors will evaluate the program regularly and has the authority to modify its conditions and scale. The Company plans to use its available capital to finance the repurchases under this new program.

About HUYA Inc.

HUYA Inc. is a premier provider of game-related entertainment and services. The company offers vibrant live streaming and video content, along with a diverse portfolio of services covering games, e-sports, and other interactive entertainment forms to a vast, dedicated community of gaming fans. Huya has built a powerful entertainment ecosystem supported by AI and other cutting-edge technologies, catering to users and partners throughout the gaming industry, such as game developers, e-sports organizers, broadcasters, and talent agencies. Building on this solid base, Huya has further diversified into novel game-related services, including game distribution, in-game merchandise sales, advertising, and others. Huya is persistently broadening its presence both within China and internationally, addressing the changing demands of gamers, content creators, and partners across the globe.

Safe Harbor Statement

This press release includes forward-looking statements. These statements are provided pursuant to the “safe harbor” protections of the U.S. Private Securities Litigation Reform Act of 1995. Terminology like “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and comparable expressions signal such forward-looking statements. Among other items, the business outlook and Huya’s strategic and operational plans detailed in this announcement constitute forward-looking statements. Huya might also issue written or oral forward-looking statements in its periodic SEC filings, annual shareholder reports, press releases, other written documents, and verbal comments from its executives, directors, or staff to external parties. Statements that are not historical records, including those concerning Huya’s views and projections, are forward-looking. Such statements inherently carry risks and uncertainties. Various factors could lead actual outcomes to diverge significantly from those projected, including, but not limited to: Huya’s objectives and strategies; its future business growth, operational results, and financial status; anticipated expansion of the live streaming and game markets; expectations for acquiring active users, particularly paying users; Huya’s capacity to generate revenue from its user base; its initiatives to adhere to data privacy and security laws; changes in general economic and business climates in China and globally; any new laws, rules, policies, or guidelines affecting Huya; and the assumptions related to the aforementioned factors. Additional details on these and other risks are available in Huya’s SEC submissions. All information presented in this press release and its attachments is current as of the release date, and Huya assumes no duty to revise any forward-looking statements, except as mandated by 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

SOURCE HUYA Inc.