Xunlei Provides Clarification on Recent Market Development
Summary
In response to certain public statements made by Big Data recently, the board of directors of the Company (“Board”) issued an open letter and firmly supported the Company’s endeavor to utilize its many years of technical know-how in the field of distributed computing to explore commercial applications with the help of blockchain technology.When developing blockchain technology, the Company utilizes such features as openness, transparence and security for their applications.Xunlei operates a powerful internet platform in China based on cloud computing to provide users with quick and easy access to digital media content through its core products and services, Xunlei Accelerator and the cloud acceleration subscription services.Among other things, the managements quotations, the "Outlook" and "Guidance" sections in this press release, as well as the Companys strategic, operational and acquisition plans, 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.