SHENZHEN, China, Jan. 03, 2025 — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading Chinese provider of distributed cloud services, announced the appointment of JPMorgan Chase Bank, N.A. (“J.P. Morgan”) as its new depositary for its American Depositary Receipt (ADR) program, effective December 31, 2024.
The Company executed a revised deposit agreement with J.P. Morgan, replacing the prior agreement. A Form F-6 registration statement detailing this depositary change, including the amended agreement, has been submitted to the Securities and Exchange Commission.
Xunlei ADR holders don’t need to take any action regarding this depositary shift.
J.P. Morgan, a global financial services leader, serves major corporations, governments, and institutions in over 100 countries. Since 1927, it has been a prominent provider of customized depositary receipt solutions for leading global issuers.
About Xunlei
Established in 2003, Xunlei Limited (Nasdaq: XNET) is a leading Chinese technology company specializing in distributed cloud services. Xunlei offers a diverse range of cloud acceleration, shared cloud computing, and digital entertainment products and services, aiming to provide efficient, secure, and intelligent internet experiences.
Safe Harbor Statement
This release includes forward-looking statements under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements, identifiable by words like “will,” “expects,” “believes,” “anticipates,” “future,” “intends,” “plans,” and “estimates,” encompass management’s comments and the Company’s strategic and operational plans. These statements involve known and unknown risks and uncertainties, relying on current expectations and projections about the Company and its industry. Potential risks include the Company’s ability to maintain product appeal and user growth; adapting to technological advancements and evolving user needs; converting users to premium services; managing copyright infringement claims; responding to government regulations concerning internet content in China; and maintaining competitiveness. While the Company believes these expectations are reasonable, actual results could differ significantly. Refer to the Company’s SEC filings for further information on risks and uncertainties. All information is current as of the release date; the Company is not obligated to update forward-looking statements except as legally required.
Investor Relations
Xunlei Limited
Email: ir@xunlei.com
Tel: +86 755 6111 1571
Website: http://ir.xunlei.com
