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Stock impact report

Xunlei Establishes Joint Laboratory with HKUST to Drive Innovation and Applications of Blockchain Technology

Xunlei Limited - American Depositary Shares (XNET) 
US:NASDAQ Investor Relations: ir.xunlei.com
Company Research Source: GlobeNewswire
SHENZHEN, China, June 17, 2019 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator in shared cloud computing and blockchain technology, today announced that the Company and The Hong Kong University of Science and Technology (“HKUST”) have established HKUST-Xunlei Joint Laboratory on Blockchain Technology (the “Joint Lab”). The Joint Lab aims to develop cutting-edge and influential blockchain technologies that are applicable to various industries and establish a high-performance blockchain ecosystem in the Guangdong-Hong Kong-Macao Greater Bay Area. A signing ceremony was held at HKUST Campus today to officially launch the operation of the Joint Lab and research collaboration. Professor Tim Cheng, the Dean of the Faculty of Engineering of HKUST, and Ms. Xin Lai, the Chief Engineer of ThunderChain at Xunlei signed the collaborative agreement, witnessed by Professor Nancy IP, the Vice President for Research and Development of HKUST and Mr. Show less Read more
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