Xunlei(US:XNET) Xin Lang Cai Jing·2025-08-16 08:58Core Viewpoint - The significant paper gains from the investment in Ying Shi Innovation have boosted the stock price of Xunlei (XNET) by 26.53%, raising its market capitalization to $400 million [1] Group 1: Company Performance - Xunlei's stock closed at $6.39 per share, with a total market value of $400 million following the surge [1] - The market value of Xunlei's holdings in Ying Shi Innovation has exceeded 7 billion yuan, which is 2.4 times its own market capitalization [1] Group 2: Investment Details - Xunlei led the B round financing of Ying Shi Innovation in 2016 and currently holds 7.84% of its shares, approximately 31.44 million shares [1] - As of August 15, the stock price of Ying Shi Innovation was reported at 224.42 yuan per share, with a total market capitalization nearing 90 billion yuan, making Xunlei's stake worth approximately 7.05 billion yuan [1] Group 3: Market Reactions - On August 15, Ying Shi Innovation's stock hit the daily limit, following a first-day increase of over 274% after its listing on the Sci-Tech Innovation Board in June [1] - Despite controversies surrounding the chairman's actions, Ying Shi Innovation's stock price still managed to rise [1]