Xunlei Was Included In The List Of Business Abnormalities Because It Failed To Publicize The Annual Report Within The Time Limit

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According to the news on May 9, recently, Shenzhen Xunlei Network Technology Co., Ltd. was included in the list of companies with abnormal operation because it failed to publicize the 2021 annual report within the specified time limit, and the decision authority was Nanshan Bureau of Shenzhen market and quality supervision and Administration Commission. Recently, the equity of Xunlei was exposed and the 20-F document was released.

According to the document, as of March 31, 2022, tui international holds 39.4%, of which Li Jinbo holds 19.4% of the equity of itui company and 54.5% of the voting rights; Xiaomi holds a 16.3% stake in Tui international.

In addition, on May 4 local time, the U.S. Securities and Exchange Commission (SEC) added more than 80 Chinese concept stocks to the "pre delisting" list, including block chain concept stocks Jianan technology and Xunlei, as well as JD, BiliBili, Netease and pinduoduo, expanding the list of entities that may face the risk of delisting of U.S. stocks.

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