Core Viewpoint - Xunlei Limited has appointed JPMorgan Chase Bank as the successor depositary for its American Depositary Receipt (ADR) program, effective December 31, 2024 [1][2]. Company Overview - Xunlei Limited, founded in 2003, is a leading technology company in China that provides distributed cloud services, including cloud acceleration, shared cloud computing, and digital entertainment [4]. Changes in Depositary - The company has entered into an amended and restated deposit agreement with J.P. Morgan to replace the previous deposit agreement, and a registration statement on Form F-6 has been filed with the Securities and Exchange Commission [2]. - Holders of Xunlei's ADRs are not required to take any action regarding the change of depositary [3]. J.P. Morgan's Role - J.P. Morgan is recognized as a global leader in financial services, providing customized depositary receipt solutions since 1927 [3].
Xunlei Announces Change of Depositary