Douyu international holdings limited announces plan to implement ads ratio change

Wuhan, china , march 15, 2024 /prnewswire/ -- douyu international holdings limited ("douyu" or the "company") (nasdaq: doyu) today announced it plans to change the ratio of its american depositary shares (the "adss") to ordinary shares of the company with a par value of us$0.0001 per ordinary share (each, an "ordinary share," and collectively, the "ordinary shares") from ten (10) adss representing one (1) ordinary share to one (1) ads representing one (1) ordinary share (such change, the "ads ratio change"). for douyu's ads holders, this ads ratio change will have the same effect as a one-for-ten reverse ads split.
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