The President of Chula Meets with Cambodian Minister of Education, a Graduate of the Faculty of Education Strengthening Relations and Integrating Knowledge for Youth in the Region
The purpose of this meeting was to further enhance cooperation in education and research, not only between Chulalongkorn University and Cambodia but also to strengthen educational ties between the two countries. The discussion highlighted the fact that education is key to improving quality of life and focused on the integration of Artificial Intelligence (AI) in schools and universities to enhance teaching methods and increase access to education for youth across the region sustainably. This strategic dialogue underscores Chulalongkorn University's commitment to promoting educational innovation and fostering open collaboration in ASEAN.
Additionally, the group visited the Institute of Technology of Cambodia (ITC) to explore the application of engineering and advanced technology in addressing environmental issues, solar energy generation, and the development of service robots. This visit was facilitated by Professor Dr. Po Kimtho, an alumnus of Chulalongkorn University's Master's program in Electronics and Communication Engineering.
Princess Pongmonirath Devi (Nina) Norodom, an alumnus of the Faculty of Communication Arts at Chulalongkorn University, has also played a significant role in representing Chulalongkorn's impact in cultivating leaders and advancing Cambodian culture. During this visit, Princess Nina shared her impressions of her time at Chula and discussed possible academic and cultural collaborations between the two institutions.
Dr. Hang Chuon Naron has been instrumental in driving educational reform in Cambodia, applying the knowledge and leadership skills gained at Chulalongkorn University to improve the country's education system, reflecting the long-standing educational collaboration between the two countries.
Furthermore, ten Chulalongkorn University alumni from Cambodia took part in the meeting with the minister, demonstrating the university's popularity among Cambodian students. Many of these alumni have taken on significant roles in education, government, and industry in Cambodia.
Dr. Hong Kimcheang, an alumnus of the Faculty of Education at Chulalongkorn University and currently the Director of Kampong Speu Institute of Technology (KSIT) and Assistant Minister of the Ministry of Education, played a key role in facilitating this collaboration.
Currently, there are 11 Cambodian nationals studying and conducting research at Chulalongkorn University. This includes 7 undergraduate students from the Faculty of Dentistry, 1 undergraduate student from the Faculty of Science, 2 researchers from the Faculty of Nursing and the Institute of Social Science Research, and 1 staff member from the Faculty of Medicine.
Read the full article at https://www.chula.ac.th/en/news/212454/
About Chulalongkorn University
Chulalongkorn University has made the world's top 50 university list for employment outcomes, which reflects both the high employment rate and workability of Chula graduates. The university is also listed as the best in Thailand for the 15th Consecutive Year (since 2009), according to the newly released QS World University Rankings 2024, putting Chula at 211th in the world, up from 244th last year.
Social Media:
Facebook: https://www.facebook.com/ChulalongkornUniversity
Youtube: https://www.youtube.com/chulauniversity
Linkedin: https://www.linkedin.com/school/15101896/
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SOURCE Chulalongkorn University
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Cash and cash equivalents, restricted cash and bank deposits As of June 30, 2025, the Company had cash and cash equivalents, restricted cash, restricted cash in other non-current assets, and short-term and long-term bank deposits of RMB2,311.2 million (US$322.6 million), compared with RMB4,467.8 million as of December 31, 2024. The decrease was primarily due to a special cash dividend distribution of US$300 million in February 2025. [1] "Adjusted net income (non-GAAP)" is defined as net income excluding share of income (loss) in equity method investments, impairment losses and fair value adjustments on investments, and impairment losses of goodwill and intangible assets. For more information, please refer to "Use of Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" at the end of this press release. [2] "MAUs" refers to the number of active mobile users (exclusive of innovative business unless the context otherwise indicates) in a given period. Average mobile MAUs for a given period is calculated by dividing (i) the sum of active mobile users for each month of such period, by (ii) the number of months in such period. [3] "Quarterly average paying users" refers to the average paying users for each quarter during a given period of time calculated by dividing (i) the sum of paying users for each quarter of such period, by (ii) the number of quarters in such period. "Paying user" refers to a registered user that has purchased virtual gifts on our platform at least once during the relevant period. [4] "Monthly average paying users" refers to the monthly average number of paying users during a given period of time calculated by dividing (i) the sum of paying users in each month of such period, by (ii) the number of months in such period. "Paying user" refers to a registered user that has purchased virtual gifts on our platform at least once during the relevant period. [5] Each ADS represents one ordinary share for the relevant period and calendar year. About DouYu International Holdings Limited Headquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps to bring users access to immersive and interactive games and entertainment livestreaming, a wide array of video and graphic content, as well as opportunities to participate in community events and discussions. By nurturing a sustainable technology-based talent development system and relentlessly producing high-quality content, DouYu consistently delivers premium content through the integration of livestreaming, video, graphics, and virtual communities with a primary focus on games. This enables DouYu to continuously enhance its user experience and pursue long-term healthy development. For more information, please see Use of Non-GAAP Financial Measures Adjusted (loss) income from operations is calculated as (loss) income from operations adjusted for Impairment of goodwill and intangible assets. Adjusted net (loss) income is calculated as net (loss) income adjusted for share of income (loss) in equity method investments, impairment losses and fair value adjustments on investments and impairment losses of goodwill and intangible assets. Adjusted net (loss) income attributable to DouYu is calculated as net (loss) income attributable to DouYu adjusted for share of income (loss) in equity method investments, impairment losses and fair value adjustments on investments, and impairment losses of goodwill and intangible assets. 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As non-GAAP financial measures have material limitations as analytical metrics and may not be calculated in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measures as a substitute for, or superior to, such metrics in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP and Non-GAAP Results" near the end of this release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.1636 to US$1.00, the noon buying rate in effect on June 30, 2025, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB amounts could have been, or could be, converted, realized, or settled in U.S. dollars, at that rate on June 30, 2025, or at any other rate. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties, and 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: the Company's results of operations and financial condition; the Company's business strategies and plans; general market conditions, in particular, the game live streaming market; the ability of the Company to retain and grow active and paying users; changes in general economic and business conditions in China; any adverse changes in laws, regulations, rules, policies or guidelines applicable to the Company; and assumptions underlying or related to any of the foregoing. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. Investor Relations Contact In China: Chenyang Yan DouYu International Holdings Limited Email: ir@ Tel: +86 (10) 6508-0677 Andrea Guo Piacente Financial Communications Email: douyu@ Tel: +86 (10) 6508-0677 In the United States: Brandi Piacente Piacente Financial Communications Email: douyu@ Tel: +1-212-481-2050 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands, except share, ADS, per share and per ADS data)As of December 31As of June 30202420252025 ASSETS RMB RMBUS$ (1) Current assets:Cash and cash equivalents 1,017,1481,535,924214,407 Restricted cash 8317024 Short-term bank deposits 3,070,374583,72381,485 Accounts receivable, net 49,05755,4887,746 Prepayments 26,88524,7683,457 Amounts due from related parties 74,17565,1819,099 Other current assets, net 231,354234,95732,799 Total current assets 4,469,0762,500,211349,017 Non-current assets:Property and equipment, net 7,0935,635787 Intangible assets, net 60,91745,1946,309 Long-term bank deposits 360,000160,00022,335 Investments 456,815409,88557,218 Right-of-use assets, net 15,81613,0641,824 Other non-current assets 76,61676,06810,619 Total non-current assets 977,257709,84699,092 TOTAL ASSETS 5,446,3333,210,057448,109 LIABILITIES AND SHAREHOLDERS' EQUITY LIABILITIESCurrent liabilities:Accounts payable 498,667482,74667,389 Advances from customers 4,4443,293460 Deferred revenue 252,346244,02934,065 Accrued expenses and other current liabilities 242,517228,07731,837 Amounts due to related parties 222,589234,52932,739 Lease liabilities due within one year 11,45812,1321,694 Total current liabilities 1,232,0211,204,806168,184 Non-current liability:Lease liabilities 4,22322031 Total non-current liability 4,22322031 TOTAL LIABILITIES 1,236,2441,205,026168,215 (1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted,all translations from RMB to U.S. dollars are made at a rate of RMB7.1636 to US$1.00, the noon buying rate in effect on June 30, 2025, in theH.10 statistical release of the Federal Reserve Board. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) (All amounts in thousands, except share, ADS, per share and per ADS data)As of December 31As of June 30202420252025RMB RMB US$ (1) SHAREHOLDERS' EQUITYOrdinary shares 20203 Additional paid-in capital 7,514,4985,363,717748,746 Accumulated deficit (3,791,817)(3,833,600)(535,149) Accumulated other comprehensive income 487,388474,89466,294 Total DouYu Shareholders' Equity 4,210,0892,005,031279,894 Total Shareholders' Equity 4,210,0892,005,031279,894 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 5,446,3333,210,057448,109(1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted,all translations from RMB to U.S. dollars are made at a rate of RMB7.1636 to US$1.00, the noon buying rate in effect on June 30, 2025, in theH.10 statistical release of the Federal Reserve Board. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (All amounts in thousands, except share, ADS, per share and per ADS data) Three Months EndedSix Months EndedJune 30, 2024March 31, 2025June 30, 2025June 30, 2025June 30, 2024June 30, 2025June 30, 2025RMBRMBRMBUS$ (1)RMBRMBUS$ (1) Net revenues 1,032,041947,0511,053,915147,1212,071,7252,000,966279,324 Cost of revenues (947,823)(833,543)(911,975)(127,307)(1,878,501)(1,745,518)(243,665) Gross profit 84,218113,508141,94019,814193,224255,44835,659 Operating (expense) income Sales and marketing expenses (76,963)(72,929)(61,585)(8,597)(152,533)(134,514)(18,777) General and administrative expenses (48,496)(35,787)(39,816)(5,558)(91,293)(75,603)(10,554) Research and development expenses (50,135)(32,749)(27,611)(3,854)(104,285)(60,360)(8,426) Other operating (expense) income, net (28,189)1,8151,318184(131,617)3,133437 Total operating expenses (203,783)(139,650)(127,694)(17,825)(479,728)(267,344)(37,320) (Loss) income from operations (119,565)(26,142)14,2461,989(286,504)(11,896)(1,661) Other (expenses) income, net (943)(58,554)9,4631,321(943)(49,091)(6,853) Interest income 75,97210,14119,2002,680157,06629,3414,096 Foreign exchange income (loss) 604258(17)(2)75724134 (Loss) income before income taxes and share of loss in equity method investments (43,932)(74,297)42,8925,988(129,624)(31,405)(4,384) Income tax expense (2,510)(5,134)(8,151)(1,138)(2,510)(13,285)(1,855) Share of (loss) income in equity method investments (2,727)(181)3,088431(4,988)2,907406 Net (loss) income (49,169)(79,612)37,8295,281(137,122)(41,783)(5,833) Net (loss) income attributable to ordinary shareholders of the Company (49,169)(79,612)37,8295,281(137,122)(41,783)(5,833) Net (loss) income per ordinary shareBasic (1.58)(2.64)1.250.17(4.36)(1.38)(0.19) Diluted (1.58)(2.64)1.250.17(4.36)(1.38)(0.19) Net (loss) income per ADS(2)Basic (1.58)(2.64)1.250.17(4.36)(1.38)(0.19) Diluted (1.58)(2.64)1.250.17(4.36)(1.38)(0.19) Weighted average number of ordinary shares used in calculating net (loss) income per ordinary share Basic 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859 Diluted 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859 Weighted average number of ADS used in calculating net (loss) income per ADS(2) Basic 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859 Diluted 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859(1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, all translationsfrom RMB to U.S. dollars are made at a rate of RMB7.1636 to US$1.00, the noon buying rate in effect on June 30, 2025, in the H.10 statistical release of theFederal Reserve Board. (2) Each ADS represents one ordinary share. RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (All amounts in thousands, except share, ADS, per share and per ADS data) Three Months EndedSix Months EndedJune 30, 2024March 31, 2025June 30, 2025June 30, 2025June 30, 2024June 30, 2025June 30, 2025RMBRMBRMBUS$ (1)RMBRMBUS$ (1) (Loss) income from operations (119,565)(26,142)14,2461,989(286,504)(11,896)(1,661) Adjusted operating (loss) income (non-GAAP) (119,565)(26,142)14,2461,989(286,504)(11,896)(1,661) Net (loss) income (49,169)(79,612)37,8295,281(137,122)(41,783)(5,833) Add:Share of income (loss) in equity method investments 2,727181(3,088)(431)4,988(2,907)(406) Impairment losses and fair value adjustments oninvestments (2) 94358,554(9,463)(1,321)94349,0916,853 Adjusted net (loss) income (non-GAAP) (45,499)(20,877)25,2783,529(131,191)4,401614 Net (loss) income attributable to DouYu (49,169)(79,612)37,8295,281(137,122)(41,783)(5,833) Add:Share of income (loss) in equity method investments 2,727181(3,088)(431)4,988(2,907)(406) Impairment losses and fair value adjustments oninvestments 94358,554(9,463)(1,321)94349,0916,853 Adjusted net (loss) income attributable to DouYu (45,499)(20,877)25,2783,529(131,191)4,401614 Adjusted net (loss) income per ordinary share (non-GAAP) Basic (1.46)(0.69)0.840.12(4.17)0.150.02 Diluted (1.46)(0.69)0.840.12(4.17)0.150.02 Adjusted net (loss) income per ADS(3)(non-GAAP) Basic (1.46)(0.69)0.840.12(4.17)0.150.02 Diluted (1.46)(0.69)0.840.12(4.17)0.150.02 Weighted average number of ordinary shares used in calculating Adjusted net (loss) income per ordinary share Basic 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859 Diluted 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859 Weighted average number of ADS used in calculating net (loss) income per ADS(2) Basic 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859 Diluted 31,128,54430,178,85930,178,85930,178,85931,467,86230,178,85930,178,859(1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, alltranslations from RMB to U.S. dollars are made at a rate of RMB7.1636 to US$1.00, the noon buying rate in effect on June 30, 2025, in the H.10 statistical release of the Federal Reserve Board. (2) Impairment losses and fair value adjustments on investments were included in line item "Other expenses, net" of condensed consolidated statements ofincome (loss). (3) Each ADS represents one ordinary share. View original content: SOURCE DouYu International Holdings Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
