DouYu International Holdings Limited (DOYU) Q3 2022 Earnings Call Transcript

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 International Holdings Limited Third Quarter 2022 Earnings Conference Call. At this time, all participants are in listen-only mode. [Operator Instructions] Please note today’s event is being recorded.

I will now turn the call over to the first speaker today, Ms. Lingling Kong, IR Director at DouYu. Please go ahead, ma’am.

Lingling Kong

Thank you. Hello, everyone. Welcome to our third quarter 2022 earnings call. Joining us today are Mr. Shaojie Chen, Chairman and Chief Executive Officer; Mr. Mingming Su, Chief Strategy Officer; and Mr. Hao Cao, Vice President of Finance. You can refer to our third quarter 2022 financial results on our IR website at ir.douyu.com. You can also check a replay of this call when it becomes available in a few hours on our IR website.

Before we start, please note that this call may contain forward-looking statements made pursuant to the Safe Harbor provision for the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and observations that involve known and unknown risks, uncertainties, and other factors not under the company’s control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or expectations implied by these forward-looking statements.

All forward-looking statements are expressly qualified in their entirety by the cautionary statements, risk factors, and details of the company’s filings with the SEC. The company undertakes no duty to revise or update any forward-looking statements for selected events or circumstances after the date of this conference call.

I will now speak on behalf of our Chairman and CEO, Mr. Shaojie Chen.

Shaojie Chen

During the second quarter, we continued to innovate game content and optimize our operational model. We both retain our current user base and attracting new users by developing high quality content, while optimizing each game segment's rate of return by enhancing existing value-added services and launching new ones.