Core Viewpoint - The lawsuit against former CEO Chen Lei of Xunlei involves allegations of misappropriating nearly 200 million RMB through a "shadow company" and illegal asset transfers, continuing an investigation initiated by public security in 2020 [1][2][4] Group 1: Allegations and Legal Proceedings - Xunlei's subsidiary, Wangxin Technology, filed a civil lawsuit against Chen Lei and related parties for allegedly using fictitious transactions to misappropriate nearly 200 million RMB [2] - Chen Lei is accused of systematically transferring Xunlei's core resources to a company he controlled, Shenzhen Xingronghe Technology Co., which lacked qualifications and independent operations, yet received significant funds from Wangxin Technology [2][3] - The legal structure employed by Chen Lei involved a "three-layer holding" scheme to obscure control, ultimately transferring ownership to a company controlled by relatives to evade legal accountability [2] Group 2: Background and Company Impact - Chen Lei served as Xunlei's CEO from 2017 until his departure in April 2020, during which the company incurred losses exceeding 1 billion RMB [4] - Prior to leaving, Chen Lei orchestrated the dismissal of over 30 key technical staff, who subsequently joined the shadow company, indicating a coordinated effort to misappropriate resources [3] - The ongoing legal actions are seen as crucial for Xunlei to reclaim assets and clarify responsibilities, despite Chen Lei's current foreign citizenship and absence from China [4]
迅雷重启诉讼!控告前CEO秘密掏空公司