SHENZHEN, China, June 11, 2025 — Xunlei Limited (Nasdaq: XNET), a leading Chinese technology firm specializing in distributed cloud services, announced today that Arashi Vision Inc. (Insta360), a company in which it has invested, has successfully completed its IPO on the Shanghai Stock Exchange STAR Market under the ticker symbol 688775, effective June 11, 2025. As of this press release, Xunlei holds approximately 7.8% of Arashi Vision’s equity.

About Xunlei

Xunlei Limited (Nasdaq: XNET), established in 2003, is a prominent technology company in China, delivering distributed cloud services. Xunlei offers a broad spectrum of products and services encompassing cloud acceleration, shared cloud computing, and digital entertainment, aiming to provide an efficient, intelligent, and secure internet experience.

Safe Harbor Statement

This press release includes forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terms such as “will,” “expects,” “believes,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. These forward-looking statements are present in management’s quotes, the “Outlook” and “Guidance” sections, and the Company’s strategic, operational, and acquisition plans. They involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections regarding the Company and its industry. These statements are subject to inherent risks and uncertainties, including the Company’s ability to innovate and offer appealing products and services to retain and expand its user base, keep pace with technological advancements and evolving user demands in the internet sector, convert users into premium service subscribers, manage existing and potential copyright infringement claims, and address the risk of adverse effects from COVID-19 or other health risks in China or globally on the Company’s operations or financial results. Additional risks include the Company’s ability to respond to governmental scrutiny of internet content in China and its ability to compete effectively. While the Company believes these forward-looking statements are reasonable, there is no guarantee that these expectations will be realized. Investors should be aware that actual results may significantly differ from anticipated results. Further information about the risks and uncertainties facing the Company can be found in its filings with the U.S. Securities and Exchange Commission. All information in this press release is current as of the release date, and the Company is under no obligation to update any forward-looking statements to reflect future events or changes in expectations, except as required by law.

CONTACT:
Investor Relations
Xunlei Limited
Email: ir@xunlei.com
Tel: +86 755 8633 8443
Website: http://ir.xunlei.com

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