According to the "Science and Technology Innovation Board Daily", Chen Shaojie, founder and CEO of Douyu, has been released on bail pending trial after the Spring Festival this year, but may still face a real sentence in the future. Some legal sources have extrapolated from the circumstances of his case that Chen Shaojie's specific sentence may be between 5 and 7 years. Douyu has not yet responded to an interview with a reporter from the Science and Technology Innovation Board Daily.
In addition, the "Science and Technology Innovation Board Daily" reported that in March this year, the well-known anchor "Xiaotuantuan", who had been off the air for more than a month, was confirmed to be arrested. A person familiar with the matter told the "Science and Technology Innovation Board Daily" reporter that "Xiaotuantuan" was also suspected of large-scale gambling and was related to Chen Shaojie's case.
Chen Shaojie was arrested in November 2023 by the Dujiangyan Public Security Bureau in Chengdu on suspicion of opening a casino. After the incident, Douyu set up an interim management committee, and said on the third quarter earnings call at that time, "At present, Douyu is operating normally, and the investigation has not had a significant impact on the company's operations." "