Xunlei Announces Changes of Board of Directors
September 01 2023 - 8:00AM
Xunlei Limited (“Xunlei”) (Nasdaq: XNET), a leading innovator in
shared cloud computing and blockchain technology in China,
today announced the resignation of Mr. Sean Shenglong Zou and Mr.
Hui Duan as directors of the Company for personal reasons from
August 31, 2023.
Mr. Jinbo Li, Chairman and Chief Executive
Officer of Xunlei, stated “On behalf of the board of directors and
the management of the Company, I wish to express my appreciation of
Mr. Zou and Mr. Duan and their contributions to the Company and
wish them the very best in their future endeavors.”
“Sean, founder of Xunlei, has played a pivotal
role in Xunlei's development over the past two decades,
successfully making the Company the largest internet download
service provider in the world. His unsurpassed passion, enthusiasm
and tireless efforts to develop internet products and services have
benefited millions of internet users around the world. Going
forward, he intends to spend more time on artificial intelligence
and life science to complete his new career goals and fulfill life
dreams.”
“I am delighted that Sean will continue to
assist and support the Company in his new role as an honorary
chairman of the board. With entrepreneurship and innovation spirit
in place, Xunlei will continue to provide superior products and
services to millions of its users all over the world.”
About
XunleiFounded in 2003, Xunlei
Limited (NASDAQ: XNET) is a leading innovator in shared
cloud computing and blockchain technology
in China. Xunlei provides a wide range of products
and services across cloud acceleration, shared cloud computing,
blockchain and digital entertainment to deliver an efficient, smart
and safe internet experience.
Safe Harbor
StatementThis press release contains statements of a
forward-looking nature. These statements are made under the "safe
harbor" provisions of the U.S. Private Securities Litigation Reform
Act of 1995. You can identify these forward-looking statements by
terminology such as "will," "expects," "believes," "anticipates,"
"future," "intends," "plans," "estimates" and similar statements.
Among other things, the management's quotations, the "Outlook" and
"Guidance" sections in this press release, as well as the Company's
strategic, operational and acquisition plans, contain
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
current expectations, assumptions, estimates and projections about
the Company and the industry. Forward-looking statements involve
inherent risks and uncertainties, including but not limited to: the
Company's ability to continue to innovate and provide attractive
products and services to retain and grow its user base; the
Company's ability to keep up with technological developments and
users' changing demands in the internet industry; the Company's
ability to convert its users into subscribers of its premium
services; the Company's ability to deal with existing and potential
copyright infringement claims and other related claims; the risk
that COVID-19 or other health risks in China or globally could
adversely affect the Company's operations or financial results; the
Company’s ability to react to the governmental actions for its
scrutiny of internet content in China and the Company's ability to
compete effectively. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that its expectations will turn
out to be correct, and investors are cautioned that actual results
may differ materially from the anticipated results. Further
information regarding risks and uncertainties faced by the Company
is included in the Company's filings with the U.S. Securities and
Exchange Commission. All information provided in this press release
is as of the date of the press release, and the Company undertakes
no obligation to update any forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law.
Contact:Investor RelationsXunlei
LimitedEmail: ir@xunlei.comTel: +86 755 6111
1571Website: http://ir.xunlei.com
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