Brief: Xunlei Announces Strategic Partnership With Newland Hi-Tech Group

Xunlei

17/09/2018 12:17

Sept 17 (Reuters) - Xunlei Ltd  XNET.O :
    * XUNLEI ANNOUNCES STRATEGIC PARTNERSHIP WITH NEWLAND
HI-TECH
GROUP AND RESTRUCTURING OF LINKTOKEN PROGRAM
    * XUNLEI LTD - HAS ENTERED INTO A STRATEGIC PARTNERSHIP WITH
NEWLAND HI-TECH GROUP CO., LTD.
    * XUNLEI - ENTERED INTO SERIES OF TRANSACTIONS WITH BEIJING
LINKCHAIN TO TRANSFER EXCLUSIVE RIGHT TO OPERATE LINKTOKEN
PROGRAM WITHIN MAINLAND CHINA
    * XUNLEI LTD - UPON COMPLETION OF TRANSFER, XUNLEI WILL
CEASE
OPERATING LINKTOKEN PROGRAM WITHIN MAINLAND CHINA
    * XUNLEI - ALSO ENTERED INTO SERIES OF DEALS WITH BEIJING
LINKCHAIN TO TRANSFER EXCLUSIVE RIGHT TO OPERATE LINKTOKEN
PROGRAM WITHIN MAINLAND CHINA

Source text for Eikon:  ID:nGNX2D7BM8 
Further company coverage:  XNET.O 

 ((Reuters.Briefs@thomsonreuters.com;))