Overview
- Xunlei and its subsidiary NetHeart filed a civil case for alleged damage to corporate interests seeking about 200 million yuan.
- The Shenzhen court has formally accepted the filing, marking a new phase in the company’s multi-year effort to recover funds.
- Prior company statements and media reports alleged that Chen Lei used fabricated transactions and contracts to divert assets.
- Xunlei reported the matter to police in 2020, but authorities later ended the criminal case in 2022 due to evidence constraints tied to the suspects’ extended stay overseas.
- Dangdang founder Li Guoqing publicly supported Xunlei’s renewed legal action in a video posted on January 16.