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Xunlei Announces Appointment of Two New Directors

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Xunlei (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, has announced the appointment of Mr. Hui Duan and Mr. Xiaosong Li as new members of its board of directors, effective September 23, 2024. Mr. Duan, who previously served as a director from April 2020 to September 2023, is currently the Chief Technology Officer of Beijing Itui Technology Co., Mr. Li has been serving as the Vice President of AGI Business at Xunlei since December 2023.

Both appointees bring extensive experience in technology and management. Mr. Duan has a background in SaaS and held various management positions at Xunlei from 2008 to 2015. Mr. Li has expertise in artificial intelligence and previously worked at Baidu Search Ads. Jinbo Li, Chairman and CEO of Xunlei, expressed confidence that their industry expertise and management experience will contribute to creating value for shareholders.

Xunlei (Nasdaq: XNET), un'azienda tecnologica leader che fornisce servizi cloud distribuiti in Cina, ha annunciato la nomina dei nuovi membri del suo consiglio di amministrazione, Mr. Hui Duan e Mr. Xiaosong Li, a partire dal 23 settembre 2024. Il Sig. Duan, che ha precedentemente ricoperto il ruolo di direttore da aprile 2020 a settembre 2023, è attualmente il Chief Technology Officer di Beijing Itui Technology Co. Il Sig. Li ricopre la carica di Vice Presidente per il Business AGI in Xunlei dal dicembre 2023.

Entrambi i nominati portano una vasta esperienza nel settore della tecnologia e della gestione. Il Sig. Duan ha un background nel SaaS e ha ricoperto varie posizioni dirigenziali in Xunlei dal 2008 al 2015. Il Sig. Li è esperto in intelligenza artificiale e ha lavorato in precedenza presso Baidu Search Ads. Jinbo Li, Presidente e CEO di Xunlei, ha espresso fiducia nel fatto che la loro competenza nel settore e l'esperienza gestionale contribuiranno a creare valore per gli azionisti.

Xunlei (Nasdaq: XNET), una empresa tecnológica líder que ofrece servicios de nube distribuidos en China, ha anunciado el nombramiento de Mr. Hui Duan y Mr. Xiaosong Li como nuevos miembros de su junta directiva, a partir del 23 de septiembre de 2024. El Sr. Duan, quien anteriormente se desempeñó como director desde abril de 2020 hasta septiembre de 2023, es actualmente el Director de Tecnología de Beijing Itui Technology Co. El Sr. Li ha estado sirviendo como Vicepresidente de Negocios AGI en Xunlei desde diciembre de 2023.

Ambos nombrados aportan vasta experiencia en tecnología y gestión. El Sr. Duan tiene experiencia en SaaS y ocupó varios cargos de gestión en Xunlei desde 2008 hasta 2015. El Sr. Li tiene experiencia en inteligencia artificial y trabajó anteriormente en Baidu Search Ads. Jinbo Li, Presidente y CEO de Xunlei, expresó confianza en que su experiencia en la industria y en gestión contribuirán a crear valor para los accionistas.

Xunlei (Nasdaq: XNET)는 중국에서 분산형 클라우드 서비스를 제공하는 선도적인 기술 회사로, Mr. Hui DuanMr. Xiaosong Li를 이사회의 새로운 구성원으로 임명했다고 발표했습니다. 이는 2024년 9월 23일부터 효력이 발생합니다. Duan 씨는 2020년 4월부터 2023년 9월까지 이사로 재직했으며 현재 베이징 이투이 기술사의 최고 기술 책임자입니다. Li 씨는 2023년 12월부터 Xunlei의 AGI 비즈니스 부사장으로 활동하고 있습니다.

두 임명자는 기술 및 관리 분야에서 풍부한 경험을 가지고 있습니다. Duan 씨는 SaaS 배경을 가지고 있으며 2008년부터 2015년까지 Xunlei에서 다양한 관리직을 역임했습니다. Li 씨는 인공지능 분야의 전문가이며 이전에 Baidu 검색 광고에서 근무했습니다. Jinbo Li는 Xunlei의 회장 겸 CEO로서 그들의 산업 전문 지식과 관리 경험이 주주에게 가치를 창출하는 데 기여할 것이라고 확신한다고 전했습니다.

Xunlei (Nasdaq: XNET), une entreprise technologique leader fournissant des services cloud distribués en Chine, a annoncé la nomination de Mr. Hui Duan et Mr. Xiaosong Li en tant que nouveaux membres de son conseil d'administration, à compter du 23 septembre 2024. M. Duan, qui a précédemment été directeur d'avril 2020 à septembre 2023, est actuellement le Directeur Technique de Beijing Itui Technology Co. M. Li occupe le poste de Vice-Président des affaires AGI chez Xunlei depuis décembre 2023.

Les deux nommés apportent une vaste expérience dans le domaine de la technologie et de la gestion. M. Duan a un parcours dans le SaaS et a occupé divers postes de direction chez Xunlei de 2008 à 2015. M. Li possède une expertise en intelligence artificielle et a travaillé auparavant chez Baidu Search Ads. Jinbo Li, Président et CEO de Xunlei, a exprimé sa confiance que leur expertise de l'industrie et leur expérience en gestion contribueront à créer de la valeur pour les actionnaires.

Xunlei (Nasdaq: XNET), ein führendes Technologieunternehmen, das in China verteilte Cloud-Dienste anbietet, hat die Ernennung von Mr. Hui Duan und Mr. Xiaosong Li zu neuen Mitgliedern seines Vorstands bekannt gegeben, die am 23. September 2024 wirksam wird. Herr Duan, der von April 2020 bis September 2023 als Direktor fungierte, ist derzeit Chief Technology Officer der Beijing Itui Technology Co. Herr Li ist seit Dezember 2023 Vizepräsident des AGI-Bereichs bei Xunlei.

Beide Berufenen bringen umfangreiche Erfahrung in Technologie und Management mit. Herr Duan hat einen Hintergrund im SaaS-Bereich und hatte von 2008 bis 2015 verschiedene Managementpositionen bei Xunlei inne. Herr Li hat Expertise in künstlicher Intelligenz und arbeitete zuvor bei Baidu Search Ads. Jinbo Li, Vorsitzender und CEO von Xunlei, äußerte sich zuversichtlich, dass ihre Branchenerfahrung und Managementfähigkeiten dazu beitragen werden, den Aktionären Werte zu schaffen.

Positive
  • Appointment of two experienced directors to strengthen the board
  • New directors bring expertise in technology, AI, and management
  • Potential for fresh perspectives and enhanced leadership
Negative
  • None.

SHENZHEN, China, Sept. 23, 2024 (GLOBE NEWSWIRE) -- 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 Relations
Xunlei Limited
Email: ir@xunlei.com 
Tel: +86 755 6111 1571
Website: http://ir.xunlei.com


FAQ

Who are the new directors appointed to Xunlei's (XNET) board?

Xunlei (XNET) has appointed Mr. Hui Duan and Mr. Xiaosong Li as new members of its board of directors, effective September 23, 2024.

What is Hui Duan's background before joining Xunlei's (XNET) board?

Hui Duan previously served as a director at Xunlei from April 2020 to September 2023. He is currently the Chief Technology Officer of Beijing Itui Technology Co., and has experience in SaaS and various management positions at Xunlei from 2008 to 2015.

What is Xiaosong Li's role at Xunlei (XNET) before joining the board?

Xiaosong Li has been serving as the Vice President of AGI Business at Xunlei (XNET) since December 2023. He has expertise in artificial intelligence and previously worked at Baidu Search Ads as Chief Architect.

When did Xunlei (XNET) announce the appointment of new directors?

Xunlei (XNET) announced the appointment of two new directors on September 23, 2024.

Xunlei Limited

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