Yes, the company’s use of the Douyin icon involves infringement.
According to Article 60 of the Trademark Law, any dispute arising from any of the acts that infringe upon the exclusive right to use a registered trademark as listed in Article 52 of this Law shall be resolved by negotiation between the parties; if the party is unwilling to negotiate or If negotiation fails, the trademark registrant or interested party may file a lawsuit with the People's Court or request the industrial and commercial administration department to handle the matter. When the industrial and commercial administration department determines that the infringement is established, it shall order the infringement to cease immediately, confiscate and destroy the infringing goods and tools specifically used to manufacture infringing goods and counterfeit registered trademarks, and may impose a fine.