Xunlei filed a lawsuit against former CEO Chen Lei and his core team, accusing them of infringing on the company's interests, and the amount of recourse was as high as 200 million yuan. At present, the case has been accepted and filed by the relevant Shenzhen courts. Xunlei confirmed this. In 2014, Chen Lei joined Xunlei as CTO and was promoted to CEO in 2017. In 2020, Xunlei dismissed him on suspicion of job embezzlement. Chen Lei has currently left the country.
According to previous media reports, during his tenure, Chen Lei not only transferred assets and obtained company funds through the establishment of an in vitro company, Shenzhen Xing Fusion, involving a huge amount of money.
It is understood that a large part of the reason why Xunlei filed a lawsuit in court six years later is that in the process of anti-corruption within the company, it is difficult to obtain rights protection and evidence collection for the illegal behavior of senior managers, and since Chen Lei is overseas, the case procedures will be more complicated.