Xunlei Announces Appointment of Two New Directors
23 September 2024 - 2:00PM
Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a
leading technology company providing distributed cloud services in
China, today announced that the board of directors of the Company
has appointed Mr. Hui Duan and Mr. Xiaosong Li as
members of the board of directors of the Company, effective today.
Mr. Hui Duan had served as a director of
Xunlei from April 2020 to September 2023. He currently serves as
the Chief Technology Officer of Beijing Itui Technology Co.,
Ltd. Prior to that, Mr. Duan founded his own company
that provided SaaS tools and services from October
2015 to 2017. From April 2008 to April
2015, Mr. Duan served various management positions
at Xunlei including vice president and the chief
executive officer of a major subsidiary of Xunlei. Mr.
Duan received his EMBA degree from China Europe International
Business School in 2015, and bachelor’s degree in computer
science from Peking University in 2001.
Mr. Xiaosong Li has been serving as the Vice
President of AGI Business at Xunlei since December 2023. From March
2018 to November 2023, he held the position of technology partner
at Beijing Itui Technology Co., Ltd., where he was responsible for
leading research and development in the field of artificial
intelligence. From March 2008 to March 2018, he gained valuable
experience working at Baidu Search Ads (Phoenix Nest), where he
progressively advanced his career and ultimately served as the
Chief Architect. He obtained a bachelor's degree in software
engineering from Northwestern Polytechnical University in 2005 and
a master's degree in computer system architecture from Chinese
Academy of Sciences in 2008.
Mr. Jinbo Li, Chairman and Chief Executive Officer
of Xunlei, stated, “On behalf of the board of directors, I extend
our warmest welcome to Hui Duan and Xiaosong Li for joining the
Board. We look forward to working closely with them, leveraging
their industry expertise and exceptional management experiences, to
create value for our shareholders in the future.”
About Xunlei
Founded in 2003, Xunlei
Limited (Nasdaq: XNET) is a leading technology company
providing distributed cloud services in
China. Xunlei provides a wide range of products and
services across cloud acceleration, shared cloud computing and
digital entertainment to deliver an efficient, smart and safe
internet experience.
Safe Harbor Statement
This 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 quotes 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 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.
Investor RelationsXunlei LimitedEmail:
ir@xunlei.com Tel: +86 755 6111 1571Website:
http://ir.xunlei.com
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