Xunlei (XNET) Announces Change of Depositary

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Xunlei Announces Change of Depositary

January 3, 2025 7:00 AM EST

SHENZHEN, China, Jan. 03, 2025 (GLOBE NEWSWIRE) -- 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 Companys 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... More