HUYA Inc. Enhances Shareholder Value with New Buyback Program Update

HUYA Inc. Updates on Share Repurchase Program

GUANGZHOU, China, May 19, 2026 – HUYA Inc., a prominent name in the game-related entertainment industry, recently shared news regarding the progress and future plans of its share repurchase program.

This initiative, designed to enhance shareholder value, emphasizes the company's unwavering belief in its long-term potential. The board of directors authorized the 2026 Share Repurchase Program on March 18, 2026, allowing for the repurchase of up to $50 million in American depositary shares (ADSs) and/or ordinary shares. The period for this buyback extends over 24 months and culminates on March 18, 2028.

Mr. Junhong Huang, the Acting Chief Executive Officer, expressed confidence in the company’s direction: "Our current valuation doesn't accurately reflect the achievements made in our gaming ecosystem, revenue improvements, and operational efficiencies. We remain focused on disciplined capital allocation and sustainable growth for our shareholders.” This sentiment underscores Huya's commitment to its investor base, even amid fluctuating market conditions.

The company plans to continue evaluating market dynamics. The timing and specifics of future repurchases will depend on several factors, including market conditions, legal regulations, and the company's established strategy. Huya has promised to keep its shareholders informed about any developments in this area, adhering to the regulatory guidelines.

About Huya Inc.

HUYA Inc. stands as a leading provider in game-related entertainment and services. Known for its captivating live streaming and video content, the company serves a dedicated community of gaming enthusiasts with a diverse array of offerings from games to e-sports and interactive entertainment genres. Utilizing cutting-edge technologies, including AI, Huya continues to develop an extensive entertainment ecosystem that caters not only to gamers but also to broadcasters, talent agencies, and game companies.

The company's strategic expansion is not limited to local markets but also extends internationally, aiming to fulfill the aspirations of gamers, content creators, and partners in the on-demand entertainment sector. Huya's innovative services encompass game distribution, in-game transactions, and advertising solutions. This holistic approach positions Huya as a formidable player in the global gaming landscape.

Future Outlook

As the share repurchase program unfolds, Huya is optimistic about translating its strong market performance and user engagement into sustained growth. With an increasing demand for game-related content and interactive services, the company is well-positioned to seize future opportunities. Huya's proactive approaches indicate their commitment not only to enhance shareholder value but also to solidify its position in the industry.

Safe Harbor Statement

This update contains forward-looking statements, as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements involve uncertainties and can differ materially from actual outcomes. Factors influencing this include market conditions, operational execution, and compliance with regulatory standards. For detailed insights, shareholders are encouraged to review Huya’s filings with the SEC.