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Xunlei Limited announced the completion of the disposition of a majority equity interest in Shenzhen Onething Technology Co., Ltd., with its variable interest entity transferring 20% equity for RMB50 million and 30% equity for RMB75 million in cash to specified buyers, while retaining 20% equity. The Transaction optimizes the Company’s resource allocation and business portfolio.
Event Type
Disclosure
Voluntary
Variant
6-K
Current Report on Form 6-K
Acquisition / Disposition