Xunlei (NASDAQ: XNET) President Zhang Yubo reports 3.3M ADS holding

Rhea-AI Filing Summary

Xunlei Ltd director and President Zhang Yubo filed an initial ownership report showing a direct holding of 3,301,292 American depositary shares. Each American depositary share represents five Class A common shares, indicating a substantial pre-existing stake but no new buy or sell transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zhang Yubo

Role President

Type	Security	Shares	Price	Value
holding	American Depository Shares	--	--	--

Holdings After Transaction: American Depository Shares — 3,301,292 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Zhang Yubo

(Last) (First) (Middle)

21F, 3709 BAISHI ROAD

(Street)

SHENZHEN F4

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Xunlei Ltd [ XNET ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depository Shares(1)	3,301,292	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American depositary share represents five Class A common shares

	/s/ Zhang Yubo	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Zhang Yubo’s Form 3 filing for XNET show?

The Form 3 shows that Zhang Yubo, a director and President of Xunlei Ltd, directly holds 3,301,292 American depositary shares. This is an initial ownership disclosure, not a new purchase or sale of shares.

How many Xunlei (XNET) ADS does Zhang Yubo own?

Zhang Yubo directly owns 3,301,292 American depositary shares of Xunlei Ltd. This figure reflects his beneficial ownership as reported in the Form 3 filing and represents his existing stake at the time of the report.

What is the relationship between XNET ADS and Class A common shares?

Each Xunlei American depositary share represents five Class A common shares. This conversion ratio, disclosed in the filing footnote, means investors can gauge the underlying number of common shares represented by the reported ADS position.

Does the XNET Form 3 filing report any insider buying or selling?

The Form 3 does not report any insider buying or selling activity. It records a holding entry only, disclosing Zhang Yubo’s existing position in American depositary shares rather than a new transaction in the company’s securities.

What role does Zhang Yubo hold at Xunlei (XNET)?

Zhang Yubo is identified as both a director and the President of Xunlei Ltd. His Form 3 filing provides transparency into his direct ownership of American depositary shares in the company as part of insider reporting requirements.