时隔6年，迅雷再诉前CEO陈磊：一场正义终至的司法清算

Core Viewpoint - The lawsuit filed by Xunlei against former CEO Chen Lei highlights issues of asset misappropriation and corporate governance within the company, stemming from a tumultuous leadership transition six years ago [2][9]. Group 1: Background of the Case - Chen Lei joined Xunlei in 2014 as CTO and became CEO in 2017, but by 2020, he was accused of asset misappropriation and fled overseas to evade legal consequences [2][5]. - Under Chen's leadership, Xunlei's subsidiary, Wangxin Technology, expanded its product offerings but reported continuous financial losses [3][4]. Group 2: Financial Performance - Xunlei's 2019 financial report indicated total revenue of $181 million, a year-on-year decrease of 21.9%, with a net loss of $53.4 million, worsening from a net loss of $40.8 million in 2018 [4]. Group 3: Misappropriation Mechanisms - Chen Lei established a company named "Xing Ronghe" in 2018, which was used to facilitate the misappropriation of funds from Xunlei through inflated transactions and asset transfers [6][8]. - Between January 2019 and April 2020, Chen arranged for approximately $200 million to be paid from Wangxin to Xing Ronghe, including a suspicious transfer of over $20 million just days before his dismissal [7][8]. Group 4: Corporate Governance and Anti-Corruption - The case underscores the challenges of corporate governance and the need for effective anti-corruption measures, particularly at the executive level, as high-ranking officials often exploit their knowledge of internal operations to conceal wrongdoing [9][10]. - Xunlei's lawsuit against Chen Lei is seen as a critical step towards restructuring corporate governance and enhancing compliance within the company [10].