UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File Number: 001-35224
Xunlei Limited
3709 Baishi Road
Nanshan District, Shenzhen, 518000
The People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F x
Form 40-F ¨
Exhibit Index
Exhibit 99.1—Press Release— Xunlei Limited Announces Completion of Disposition of Majority Equity Interest in Shenzhen Onething
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Xunlei Limited |
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By: |
/s/ Naijiang (Eric) Zhou |
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Name: |
Naijiang (Eric) Zhou |
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Title: |
Chief Financial Officer |
Date: March 16, 2026
Exhibit 99.1
Xunlei Limited Announces Completion of Disposition
of Majority Equity Interest in Shenzhen Onething
SHENZHEN, China, March 16, 2026 — Xunlei Limited (“Xunlei”
or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China,
today announced that all conditions precedent to the disposition of a majority equity interest in Shenzhen Onething Technology Co., Ltd.
(“Shenzhen Onething”), as previously announced on March 3, 2026 (the “Transaction”), have been
satisfied and accordingly, the Transaction has successfully closed.
The Company’s variable interest entity in China, Shenzhen Xunlei
Networking Technologies Co., Ltd. (“Shenzhen Xunlei”), has transferred 20% and 30% of the equity interest in Shenzhen
Onething to Wuhan Kingsoft Cloud Information Technology Co., Ltd., for a cash consideration of RMB50 million (inclusive of tax),
and to Shenzhen Xinghan Zhilian Technology Co., Ltd., for a cash consideration of RMB75 million (inclusive of tax), respectively.
Upon completion of the Transaction, Shenzhen Xunlei retains a 20% equity interest in Shenzhen Onething.
The Transaction is expected to optimize the Company’s resource
allocation and business portfolio while allowing the Company to retain a minority stake and participate in Shenzhen Onething’s future
growth.
About Xunlei
Founded in 2003, Xunlei Limited (Nasdaq: XNET)
is a leading technology company providing distributed cloud services in China. Xunlei provides a wide range of products and
services across cloud acceleration, shared cloud computing and digital entertainment to deliver an efficient, smart and safe internet
experience.
Safe Harbor Statement
This press release contains statements of a forward-looking
nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act
of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,”
“anticipates,” “future,” “intends,” “plans,” “believes,” “estimates”
and similar statements. Among other things, the Company’s business outlook, the Company’s strategic, operational, disposition,
and acquisition plans, and plans and other applicable descriptions concerning the Transaction, contain forward-looking statements. These
forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates
and projections about the Company and the industry. Forward-looking statements involve inherent risks and uncertainties, including but
not limited to: the Company’s ability to continue to innovate and provide attractive products and services to retain and grow its
user base; the Company’s ability to keep up with technological developments and users’ changing demands in the internet industry;
the Company’s ability to convert its users into subscribers of its premium services; the Company’s ability to deal with existing
and potential copyright infringement claims and other related claims; the risk that health risks in China or globally could adversely
affect the Company’s operations or financial results; the Company’s ability to react to the governmental actions for its scrutiny
of internet content in China, the Company’s ability to compete effectively. Although the Company believes that the expectations
expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct,
and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks
and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission. All
information provided in this press release is as of the date of the press release, and the Company undertakes no obligation to update
any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may
be required by law.
CONTACT:
Investor Relations
Xunlei Limited
Email: ir@xunlei.com
Tel: +86 755 8633 8443
Website: http://ir.xunlei.com
