One of China's largest game live broadcast platforms Douyu, his CEO and chairman of the board of directors Chen Shaojie, Chen Shaojie finally lost new news in the future.Douyu issued an announcement that he had been arrested by the police.

According to the First Financial, Douyu's official website issued a announcement on Tuesday (November 21) that Chen Shaojie was arrested by the Chengdu police of Sichuan Province last Thursday (November 16).The company has not received any formal notice investigating Chen Shaojie, and has not received the reason why Chen Shaojie was arrested.

Douyu mentioned that the company cannot comment on the nature or expected time of possible subsequent legal lawsuits (if.).Chen Shaojie's continuous detention and subsequent relevant legal lawsuits and enforcement operations against relevant parties may have a significant adverse effect on the company's reputation, business and operating performance.

Douyu finally emphasized in the announcement that the company maintains the normal operation of its business and continues to be committed to maintaining its platform regulatory compliance.The board of directors and management will supervise the operation of the company and formulate emergency plans to respond to Chen Shaojie's arrest and related investigations.

The news of Chen Shaojie's loss has been spreading in the industry for a long time./A>.Earlier on November 6, the news of "Douyu confirmed that CEO Chen Shaojie lost contact" ranked first on the Weibo Search List.First Finance had verified Douyu on the relevant content. At that time, Douyu said that the company did not have an official response.

For the reason why Chen Shaojie lost contact, there have been rumors in the industry that it is related to the gambling of the "Changsha Rural Death Team" in Douyu Live Room, but it has not been officially confirmed.Earlier reports have reported that the "Changsha Rural Death Team" uses the various lottery rules of Douyu for suspected gambling activities.The audience in the live broadcast room only needs to buy specified props within the specified time, and they can participate in a virtual currency raffle worth 1,000 yuan to tens of thousands of yuan (1,000 yuan equivalent to S $ 190.76).

In early 2021, Douyu's stock price reached a maximum of $ 20.54 per share (about S $ 27.49), which has now fallen 90 %, shocking in individual digits.

The First Financial reported that after Chen Shaojie confirmed that the news of the arrest was exposed, Douyu's stock market fell more than 8%before.