Xunlei (XNET) Announces Change of Depositary

Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has appointed JPMorgan Chase Bank, N.A. (“J.P. Morgan”) as the successor depositary for the Company’s American Depositary Receipt (the “ADR”) program, effective from December 31, 2024.

The Company has also entered into an amended and restated deposit agreement with J.P. Morgan to replace the previous deposit agreement. A registration statement on Form F-6 has been filed with the Securities and Exchange Commission in connection with the change of depositary and the form of the amended and restated deposit agreement is filed as an exhibit to the Form F-6.

Holders of the Xunlei’s ADRs or American depositary shares issued in the ADR program are not required to take any action in connection with the change of depositary.

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. J.P. Morgan has been a leading provider of customized depositary receipt solutions to the world’s largest issuers since 1927.

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