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HUYA Inc. Reports First Quarter 2021 Unaudited Financial Results -- GUANGZHOU , China , May 18 , 2021 / PRNewswire / HUYA Inc. ( " Huya ” or the “ Company ” ) ( NYSE : HUYA ) , a leading game live streaming platform in China , today announced its unaudited financial results for the first quarter ended March 31 , 2021 . First Quarter 2021 Highlights • Total net revenues for the first quarter of 2021 increased by 8.0 % to RMB2,604.8 million ( US $ 397.6 million ) , from RMB2,411.9 million for the same period of 2020 . Net income attributable to HUYA Inc. was RMB185.5 million ( US $ 28.3 million ) for the first quarter of 2021 , representing an increase of 8.4 % from RMB171.2 million for the same period of 2020 . Non - GAAP net income attributable to HUYA Inc.¹ was RMB265.9 million ( US $ 40.6 million ) for the first quarter of 2021 , representing an increase of 0.9 % from RMB263.4 million for the same period of 2020 . Average mobile MAUS² of Huya Live in the first quarter of 2021 reached 75.5 million , compared with 74.7 million in the first quarter of 2020 . Total number of paying users³ of Huya Live in the first quarter of 2021 reached 5.9 million , compared with 6.1 million in the first quarter of 2020 . “ Building upon the momentum we saw during the pandemic lockdown period last year , our mobile- first strategy continues to gain traction and our mobile MAUS reached 75.5 million in the first quarter of this year , " said Mr. Rongjie Dong , Chief Executive Officer of Huya . " We are actively advancing toward our vision of becoming a one - stop destination for comprehensive game - related services and working collaboratively to capture more opportunities across the industry value chain . ” Ms. Catherine Liu , Chief Financial Officer of Huya , commented , " We started 2021 with a solid set of operational and financial results . In the first quarter , our total net revenues increased by 8.0 % year- over - year to RMB2,604.8 million and our operating income increased by 21.6 % year - over - year to RMB162.1 million . Our operating margin also expanded to 6.2 % in the first quarter this year , compared with 5.5 % in the same period of last year . With our healthy financial results , we are well- positioned to further invest into the future and expand our business . ” First Quarter 2021 Financial Results Total net revenues for the first quarter of 2021 increased by 8.0 % to RMB2,604.8 million ( US $ 397.6 million ) , from RMB2,411.9 million for the same period of 2020 . 1 " Non - GAAP net income attributable to HUYA Inc. " is defined as net income attributable to HUYA Inc. before share - based compensation expenses , gain on fair value change of investments and equity investee's investments , and equity investee's partial disposal of its investment , net of income taxes . For more information , refer to “ Use of Non - GAAP Financial Measures ” and “ Reconciliations of GAAP and Non - GAAP Results " at the end of this press release . 2 Refers to average monthly active users on mobile apps . Average mobile MAUs for any period is calculated by dividing ( i ) the sum of active users on the mobile apps for each month during such relevant period , by ( ii ) the number of months during such relevant period . 3 Refers to the sum of user accounts that purchased various products and services on our platform at least once during such relevant period .