Investigation of the former CEO Mr. Lei Chen
Xunlei Limited (the “Company”) (Nasdaq: XNET) announces that the Company received a notification from Shenzhen Municipal Public Security Bureau that the bureau has filed a case for investigation of the former CEO of the Company, Mr. Lei Chen, for alleged embezzlement of the Company’s assets. Filing a case for investigation by a public security authority in China is the first step of the criminal procedure. Upon the completion of investigation, prosecutors will decide whether to prosecute the case before a court with competent jurisdiction in China. The Company will monitor the progress of the case and make required disclosure according to applicable laws and regulations.