GUANGZHOU, China, Oct. 14, 2026 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that it recently received back-to-back industry accolades from two eminent business media brands, Barron's China and Forbes China. These honors highlight Huya's progress in its strategic transformation and its expanding role across the game ecosystem.

Huya was named to the Value Industry Benchmark 30 on the 2026 Barron's China Value List in the Integrated Game Ecosystem Services segment. The selection recognizes Huya's strong performance across the list's four assessment dimensions: Financial Integrity, Capital Quality, Pricing Power and Barron's Proprietary Data.

Huya also received a national award in the frontier innovation segment of the 2025 Forbes China Novel Intelligent Economy Selection for its creative use of AI and technological innovation to advance its game ecosystem and enhance its integrated game-related services.

Since launching its strategic transformation in August 2023, Huya has steadily expanded its game-related services, including game distribution, in-game item sales and game publishing. Goose Goose Duck mobile's successful debut and strong performance have validated Huya's content-led game publishing model, and The Legend of Swordman: Reunion and Xiao Xiao Qi Yu are progressing toward launch.

Huya is also advancing AI applications in live streaming, game tools and IP-based companionship. In July 2026, the Company unveiled VAM 1.0, its self-developed real-time multimodal digital human model, which can rapidly generate AI-powered virtual hosts capable of natural speech, singing, and expressive body movements, enabling lifelike, real-time interactions. VAM 1.0 is also expected to improve content production efficiency.

In the second quarter of 2026, Huya's total net revenues increased 11.0% year over year to RMB1,739.3 million. Game-related services, advertising and other revenues rose 54.1% to RMB637.9 million, representing 36.7% of total net revenues. Huya also doubled the authorized repurchase amount under its 2026 Share Repurchase Program to US$100 million.

Looking ahead, Huya will continue to drive innovation and strengthen its position as a leading game-related entertainment and services provider. Supported by a solid financial foundation, the Company aims to draw on its content ecosystem, streamer network, user base, AI technologies and industry partnerships to capture new growth opportunities and create long-term value for shareholders, users and industry partners.

About HUYA Inc.

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

For more information, please visit: https://ir.huya.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, Huya's strategic and operational plans in this announcement contain forward-looking statements. Huya may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Huya's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Huya's goals and strategies; Huya's future business development, results of operations and financial condition; the expected growth of the live streaming industry and the game industry in Chinese mainland and internationally; Huya's expectation regarding demand for and market acceptance of its products and services; Huya's ability to retain and grow its user reach, broadcasters, talent agencies, business partners for game-related services and advertisers; Huya's ability to expand its product and service offerings; competition in the live streaming industry and game industry; Huya's efforts in complying with applicable data privacy and security regulations; fluctuations in general economic and business conditions in China; the economy in China and elsewhere generally; any regulatory developments in laws, regulations, rules, policies or guidelines applicable to Huya; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Huya's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Huya does not undertake any obligation to update any forward-looking statement, except as required under applicable 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