Market Capitalization Summary - The market capitalizations of various companies are listed, with notable figures including 136.20 billion for a leading company and 88.05 billion for another significant player [2] - Companies like MINISO and VIPSHOP have market caps of 76.81 billion and 75.61 billion respectively, indicating strong positions in the market [2] - TAL Education and other firms show varying market caps, with TAL at 66.64 billion and others like Zai Auto and Huya at 35.18 billion and 29.68 billion respectively [2] Stock Performance Overview - Stock price changes are noted, with MINISO showing a slight increase of +0.07 (+0.41%) and VIPSHOP increasing by +0.24 (+1.70%) [2] - TAL Education's stock rose by +1.03 (+2.43%), while other companies like Dada and Yatsen experienced minor fluctuations [2] - Companies such as Lexin and Huya saw declines, with Lexin down by -0.49 (-5.71%) and Huya down by -0.19 (-4.24%) [2] Company Specific Insights - MINISO and VIPSHOP are highlighted as strong competitors in the retail sector, with significant market caps and positive stock performance [2] - TAL Education continues to show resilience with a notable market cap and stock price increase, reflecting investor confidence [2] - Companies like Dada and Yatsen are also mentioned, indicating a diverse range of players in the market with varying performance metrics [2]

Market Capitalization Overview - The market capitalization of TAL Education Group is 14.95 billion, while Vipshop Holdings has a market cap of 9.21 billion [2] - Other companies such as Miniso and Qifu Technology have market caps of 7.77 billion and 6.33 billion respectively [2] - The market cap of various companies shows a range from 5.22 million to 149.53 billion, indicating a diverse market landscape [2] Stock Performance - TAL Education Group's stock increased by 1.64 (+1.55%), while Vipshop's stock rose by 0.07 (+1.88%) [2] - Miniso's stock saw a significant increase of 1.24 (+6.99%), indicating strong market performance [2] - Companies like Huya and Yiren Digital experienced slight declines in their stock prices, with decreases of -0.03 (-0.81%) and -0.10 (-0.96%) respectively [2] Comparative Analysis - The comparison of market caps shows that TAL Education Group leads with 14.95 billion, followed by Vipshop and Miniso [2] - The performance of stocks varies significantly, with some companies like Miniso showing robust growth compared to others that faced declines [2] - The data indicates a competitive environment among these companies, with varying degrees of market success and stock performance [2]

Financial Data and Key Metrics Changes - The company reported Q1 2025 total revenues of $88.8 million, reflecting a year-over-year growth of 10.5% [7][13] - Subscription revenue increased by 7.7% year-over-year to $35.7 million, with the total number of subscribers growing by 5% to 6.04 million [7][14] - Cloud computing revenue declined by 18% year-over-year to $24.7 million due to heightened competition and pricing pressures [10][15] - Gross profit for Q1 2025 was $44.1 million, a 2.9% increase year-over-year, but the gross profit margin decreased to 49.7% from 53.3% [16] - The company reported a net loss of $0.9 million compared to a net income of $3.6 million in the same period of 2024 [19] Business Line Data and Key Metrics Changes - Subscription business revenue increased, driven by a higher number of subscribers and a greater proportion of premium subscribers [7][14] - Live streaming and other services revenue surged by 66% year-over-year to $28.4 million, primarily due to overseas audio live streaming growth [8][15] - The cloud computing segment faced challenges, leading to a significant revenue decline [10][15] Market Data and Key Metrics Changes - Overseas audio live streaming revenue increased by 79.2% year-over-year, indicating successful adaptation to international markets [9] - The company is focusing on expanding its presence in overseas regions through targeted marketing strategies [10] Company Strategy and Development Direction - The company aims to foster growth through innovation and is exploring business restructuring opportunities [11] - An acquisition of Hupu was announced to expand market presence and diversify service offerings [11] - Development of AI-driven applications is underway, leveraging large language models to broaden the product portfolio [11] Management Comments on Operating Environment and Future Outlook - Management acknowledged significant challenges in the cloud computing business due to competition and pricing pressures [10] - The company is committed to addressing these challenges and minimizing their impact on overall performance [10] - Revenue guidance for Q2 2025 is estimated to be between $91 million and $96 million, representing a quarter-over-quarter increase of approximately 5.3% [21] Other Important Information - The company had cash, cash equivalents, and short-term investments of $274.6 million as of March 31, 2025, down from $287.5 million a year earlier [20] - A new share repurchase program was authorized, with $6.5 million spent on buybacks as of March 31, 2025 [20] Q&A Session Summary Question: What AI products is the company developing? - The company is developing several AI-driven applications, including an AI-powered photo editing tool and an AI integrated toolbar solution, currently in testing [23][24]

Financial Data and Key Metrics Changes - The company reported Q1 2025 total revenues of $88.8 million, reflecting a year-over-year growth of 10.5% [6][12] - Subscription revenue increased by 7.7% year-over-year to $35.7 million, with the total number of subscribers growing by 5% to 6.04 million [6][13] - Revenue from cloud computing declined by 18% year-over-year to $24.7 million due to heightened competition and pricing pressures [9][14] - Gross profit for Q1 2025 was $44.1 million, representing a 2.9% increase year-over-year, while gross profit margin decreased to 49.7% from 53.3% [15] - The company reported a net loss of $0.9 million compared to a net income of $3.6 million in the same period of 2024 [17] Business Line Data and Key Metrics Changes - Subscription business revenue increased to $35.7 million, driven by a rise in the number of subscribers [12][13] - Live streaming and other services revenue surged by 66% year-over-year to $28.4 million, primarily due to overseas audio live streaming growth [7][14] - Cloud computing revenue faced a significant decline, attributed to reduced sales and increased competition [9][14] Market Data and Key Metrics Changes - The overseas audio live streaming revenue increased by 79.2% year-over-year, indicating successful adaptation to international markets [7][8] - The company has intensified its focus on overseas markets, customizing services to align with regional preferences [8] Company Strategy and Development Direction - The company aims to foster growth through innovation and is exploring business restructuring opportunities [10] - An acquisition of Hupu was announced to expand market presence and diversify service offerings [10] - Development of AI-driven applications is underway, leveraging large language models to broaden the product portfolio [10][21] Management Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the cloud computing sector due to competition and pricing pressures [9] - The company anticipates a pivotal year in 2025, focusing on enhancing user value and generating sustainable long-term value for shareholders [11] Other Important Information - As of March 31, 2025, the company had cash and short-term investments of $274.6 million, a decrease from $287.5 million a year earlier [18] - The company has authorized a share repurchase plan of up to $20 million, with $6.5 million spent on buybacks as of March 31, 2025 [18] Q&A Session Summary Question: What AI products is the company developing? - The company is developing several AI-driven applications, including an AI-powered photo editing tool and an AI-integrated toolbar solution, currently in testing [21][22]

Exhibit 99.1 XUNLEI ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2025 Shenzhen, China, May 15, 2025 (GLOBE NEWSWIRE) - Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights: "Our quarterly revenue was in line with our expectations, and we achieved consistent top-line ...

Core Viewpoint - The company reported a total revenue of $88.8 million for Q1, reflecting a year-over-year growth of 10.5% driven by increased revenue from membership services and overseas live streaming services [1] Financial Performance - Total revenue for Q1 was $88.8 million, which is a 10.5% increase compared to the previous year [1] - Gross profit reached $44.1 million, showing a growth of 2.9% year-over-year, primarily due to increased gross profit from overseas live streaming and membership services [1] - The company reported a net loss of $0.9 million under GAAP for the quarter, while the non-GAAP net profit was $0.1 million [1]

Core Viewpoint - Xunlei Limited reported a 10.5% year-over-year increase in total revenues for Q1 2025, driven by growth in subscription and live-streaming services, while facing challenges in cloud computing revenues [3][4][6]. Financial Highlights - Total revenues reached US$88.8 million, a 10.5% increase year-over-year [4][7]. - Subscription revenues were US$35.7 million, up 7.7% year-over-year, with the number of subscribers increasing to 6.04 million from 5.76 million [5][7]. - Live-streaming and other services generated US$28.4 million, reflecting a significant 66.0% year-over-year growth [6][7]. - Cloud computing revenues decreased by 18.0% year-over-year to US$24.7 million, attributed to reduced sales and increased competition [6][7][8]. Profitability Metrics - Gross profit was US$44.1 million, a 2.9% increase year-over-year, with a gross profit margin of 49.7%, down from 53.3% in the previous year [7][12]. - The company reported a net loss of US$0.9 million, compared to a net income of US$3.6 million in Q1 2024 [7][18]. - Non-GAAP net income was US$0.1 million, down from US$4.5 million in the same period last year [7][18]. Expenses Overview - Research and development expenses were US$18.7 million, accounting for 21.1% of total revenues, an increase from 22.0% in Q1 2024 [13]. - Sales and marketing expenses rose to US$15.5 million, representing 17.5% of total revenues, up from 12.5% in the same period last year [14]. - General and administrative expenses were US$11.8 million, slightly down from 13.9% of total revenues in Q1 2024 [15]. Cash Position and Share Repurchase - As of March 31, 2025, the company had cash, cash equivalents, and short-term investments totaling US$274.6 million, down from US$287.5 million at the end of 2024 [20]. - The company has initiated a share repurchase program, spending US$6.5 million as of March 31, 2025, with US$0.9 million spent in Q1 2025 [21]. Future Guidance - For Q2 2025, Xunlei estimates total revenues to be between US$91 million and US$96 million, indicating a quarter-over-quarter increase of approximately 5.3% [22].

Market Capitalization Overview - The market capitalizations of various companies are listed, with notable figures including 74.11 billion, 88.55 billion, and 76.47 billion [2] - Companies such as SON, VIPS, and TAL have market caps of 72.19 billion, 60.28 billion, and 55.72 billion respectively [2] Stock Performance - Stock price changes are highlighted, with SON showing a decrease of 0.95 (-1.99%) while VIPS increased by 0.15 (+0.85%) [2] - Other companies like TAL and Lufax also experienced minor fluctuations, with TAL decreasing by 0.04 (-0.49%) and Lufax increasing by 0.96 (+3.75%) [2] Additional Company Insights - Companies such as Huya and Yatsen have market caps of 8.06 billion and 3.27 billion respectively, with stock price changes of -0.03 (-0.77%) and 0.00 (0.00%) [2] - The performance of companies like New Oxygen and Huami Technology is also noted, with market caps of 83.07 million and 37.63 million, showing no change in stock price [3] Summary of Smaller Companies - Smaller companies like Tuniu and Cheetah Mobile have market caps of 1.08 billion and 1.17 billion respectively, with Tuniu experiencing a slight decrease of -0.01 (-1.20%) [3] - The market cap of Baosheng E-commerce is reported at 2.02 billion, with a stock price increase of 0.17 (+5.18%) [3]

Core Viewpoint - Xunlei Limited plans to release its unaudited financial results for the first quarter ended March 31, 2025, on May 15, 2025, before market open [1] Financial Results Announcement - The earnings press release will be available on the Company's investor relations page [1] - A conference call will be hosted by Xunlei's management at 8:00 a.m. U.S. Eastern Time on May 15, 2025, to discuss quarterly results and recent business developments [2] Conference Call Details - Participants must register online to join the conference call and should dial in 10 minutes before the scheduled start [3] - A live audio webcast of the conference call will be available on the investor relations page [4] - An archive of the call will be accessible after the conference [4] Company Overview - Founded in 2003, Xunlei Limited is a leading technology company providing distributed cloud services in China [4] - The company offers a wide range of products and services, including cloud acceleration, shared cloud computing, and digital entertainment [4]

Core Viewpoint - Xunlei Limited has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC, indicating ongoing compliance and transparency in its financial reporting [1]. Company Overview - Xunlei Limited, founded in 2003, is a leading technology company in China that provides distributed cloud services [2]. - The company offers a diverse range of products and services, including cloud acceleration, shared cloud computing, and digital entertainment, aimed at delivering an efficient, smart, and safe internet experience [2].