Xunlei (XNET) CEO Li Jinbo discloses ADS and common share stakes

Rhea-AI Filing Summary

Xunlei Ltd director and Chief Executive Officer Li Jinbo filed an initial Form 3 reporting his beneficial ownership in the company. He reports direct ownership of 1,338,608 American Depositary Shares (ADS) and indirect ownership of 6,239,648 ADS plus 101,820,239 common shares through his control of Itui International Inc. A footnote explains that each ADS represents five class A common shares.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Li Jinbo

(Last) (First) (Middle)

21F 3709 BAISHI ROAD, NANSHAN DISTRICT

(Street)

SHENZHEN F4 518000

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Xunlei Ltd [ XNET ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares (ADS)(1)	1,338,608	D
American Depositary Shares (ADS)(1)	6,239,648	I	Control of Itui International Inc.
Common Shares	101,820,239	I	Control of Itui International Inc.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American depositary share represents five class A common shares.

	/s/ Jinbo Li	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Xunlei (XNET) CEO Li Jinbo report on this Form 3?

Li Jinbo reports his initial beneficial ownership in Xunlei Ltd. He lists direct and indirect stakes in American Depositary Shares and common shares, establishing his total visible position as a director and Chief Executive Officer as of the reported date.

How many Xunlei (XNET) ADS does Li Jinbo directly own?

Li Jinbo directly owns 1,338,608 American Depositary Shares of Xunlei Ltd. This direct position is separate from his larger indirect holdings and reflects ADS registered in his name rather than through controlled entities or affiliates.

What indirect Xunlei (XNET) holdings does Li Jinbo report through Itui International Inc.?

Through his control of Itui International Inc., Li Jinbo reports indirect ownership of 6,239,648 American Depositary Shares and 101,820,239 common shares of Xunlei Ltd, indicating a substantial stake held via this controlled entity rather than directly.

What is the relationship between Xunlei (XNET) ADS and class A common shares?

Each Xunlei American Depositary Share represents five class A common shares. This ratio, noted in the footnote, explains how ADS relate to the underlying equity and helps investors understand the economic interest each ADS confers in the company.

Does this Xunlei (XNET) Form 3 show any recent insider buying or selling?

The Form 3 does not show recent buying or selling activity. It is an initial statement of beneficial ownership, listing Li Jinbo’s existing direct and indirect stakes rather than reporting new market transactions in Xunlei securities.