<s>
Xunlei	B-Protocol
Limited	I-Protocol
(	O
)	O
is	O
a	O
Chinese	O
multinational	O
technology	O
company	O
and	O
an	O
online	O
service	O
provider	O
founded	O
in	O
2003	O
.	O
</s>
<s>
The	O
subsidiary	O
of	O
Xunlei	B-Protocol
Limited	I-Protocol
,	O
Shenzhen	O
Xunlei	B-Protocol
Networking	O
Technologies	O
,	O
Co.	O
,	O
Ltd	O
.	O
(	O
)	O
was	O
formerly	O
known	O
as	O
Sandai	O
Technologies	O
(	O
Shenzhen	O
)	O
Inc	O
.	O
and	O
changed	O
its	O
name	O
to	O
Shenzhen	O
Xunlei	B-Protocol
Networking	O
Technologies	O
,	O
Co.	O
,	O
Ltd	O
.	O
in	O
May	O
2005	O
.	O
</s>
<s>
In	O
April	O
2014	O
,	O
Xunlei	B-Protocol
received	O
an	O
investment	O
from	O
a	O
Chinese	O
electronics	O
company	O
Xiaomi	O
of	O
$200	O
million	O
.	O
</s>
<s>
According	O
to	O
the	O
annual	O
ranking	O
of	O
China	O
's	O
top	O
100	O
internet	O
companies	O
released	O
by	O
Ministry	O
of	O
Industry	O
and	O
Information	O
Technology	O
of	O
the	O
Chinese	O
government	O
,	O
Xunlei	B-Protocol
occupied	O
42nd	O
place	O
in	O
2017	O
's	O
ranking	O
.	O
</s>
<s>
The	O
main	O
products	O
developed	O
by	O
Xunlei	B-Protocol
Limited	I-Protocol
is	O
the	O
Xunlei	B-Protocol
download	B-Protocol
manager	I-Protocol
and	O
Peer-to-peer	O
software	O
,	O
supporting	O
HTTP	B-Protocol
,	O
FTP	B-Protocol
,	O
eDonkey	O
,	O
and	O
BitTorrent	B-Protocol
protocols	I-Protocol
.	O
</s>
<s>
,	O
it	O
was	O
the	O
most	O
commonly	O
used	O
BitTorrent	B-Protocol
client	O
in	O
the	O
world	O
.	O
</s>
<s>
In	O
October	O
2017	O
,	O
the	O
company	O
announced	O
that	O
it	O
will	O
transform	O
itself	O
into	O
a	O
blockchain	B-Application
company	O
,	O
and	O
release	O
a	O
blockchain-based	O
product	O
named	O
OneThing	O
Cloud	O
.	O
</s>
<s>
OneThing	O
Cloud	B-Architecture
users	I-Architecture
get	O
LinkToken	O
(	O
a	O
type	O
of	O
virtual	O
token	O
)	O
for	O
contributing	O
their	O
bandwidth	O
to	O
the	O
Xunlei	B-Protocol
's	O
content	B-Operating_System
delivery	I-Operating_System
network	I-Operating_System
.	O
</s>
<s>
Xunlei	B-Protocol
Ltd	O
.	O
announced	O
that	O
its	O
board	O
of	O
directors	O
has	O
appointed	O
Lei	O
Chen	O
,	O
who	O
is	O
a	O
former	O
Tencent	O
cloud	B-Architecture
computing	I-Architecture
unit	O
leader	O
,	O
as	O
its	O
Chief	O
Executive	O
Officer	O
of	O
the	O
Company	O
and	O
Director	O
of	O
the	O
Board	O
on	O
June	O
29	O
,	O
2017	O
.	O
</s>
<s>
On	O
December	O
12	O
,	O
2017	O
,	O
Xunlei	B-Protocol
announced	O
that	O
the	O
board	O
of	O
directors	O
of	O
the	O
Company	O
has	O
elected	O
Mr.	O
Chuan	O
Wang	O
as	O
the	O
Chairman	O
of	O
Board	O
of	O
Directors	O
of	O
the	O
Company	O
.	O
</s>
<s>
Wang	O
has	O
been	O
a	O
director	O
of	O
Xunlei	B-Protocol
since	O
March	O
2014	O
.	O
</s>
<s>
The	O
Xunlei	B-Protocol
download	B-Protocol
manager	I-Protocol
,	O
generally	O
called	O
Xunlei	B-Protocol
,	O
is	O
the	O
flagship	O
product	O
of	O
Xunlei	B-Protocol
Corporation	I-Protocol
and	O
other	O
desktop	O
software	O
.	O
</s>
<s>
Xunlei	B-Protocol
is	O
the	O
most	O
popular	O
download	O
software	O
in	O
China	O
.	O
</s>
<s>
Through	O
Xunlei	B-Protocol
,	O
users	O
can	O
access	O
a	O
large	O
portion	O
of	O
the	O
files	O
available	O
on	O
the	O
Internet	O
.	O
</s>
<s>
Xunlei	B-Protocol
uses	O
a	O
technology	O
called	O
P2SP	O
to	O
speed	O
up	O
download	O
.	O
</s>
<s>
Features	O
in	O
Xunlei	B-Protocol
includes	O
a	O
built-in	O
browser	O
,	O
changeable	O
skins	O
,	O
cloud	O
storage	O
,	O
"	O
offline	O
"	O
downloading	O
,	O
hi-speed	O
downloading	O
(	O
only	O
available	O
for	O
members	O
)	O
,	O
email	O
service	O
and	O
more	O
.	O
</s>
<s>
</s>
<s>
Xunlei	B-Protocol
is	O
accompanied	O
by	O
a	O
family	O
of	O
products	O
including	O
,	O
,	O
,	O
and	O
.	O
</s>
<s>
As	O
adware	O
,	O
Xunlei	B-Protocol
products	O
feature	O
banner	O
advertisements	O
,	O
which	O
can	O
be	O
disabled	O
if	O
logged	O
in	O
as	O
a	O
VIP	O
user	O
.	O
</s>
<s>
Nebula	O
(	O
)	O
CDN	O
is	O
a	O
content	O
delivery/distribution	O
network	O
(	O
CDN	O
)	O
product	O
which	O
launched	O
by	O
Shenzhen	O
Onething	O
Technologies	O
Co.	O
,	O
Ltd	O
,	O
a	O
wholly	O
owned	O
subsidiary	O
of	O
Xunlei	B-Protocol
,	O
in	O
June	O
2015	O
.	O
</s>
<s>
In	O
order	O
to	O
participate	O
in	O
this	O
plan	O
,	O
users	O
can	O
buy	O
a	O
network	O
device	O
(	O
ZhuanQianBao	O
or	O
OneThing	O
Cloud	O
)	O
from	O
Xunlei	B-Protocol
.	O
</s>
<s>
In	O
return	O
,	O
Xunlei	B-Protocol
gives	O
the	O
user	O
virtual	O
token	O
as	O
a	O
reward	O
.	O
</s>
<s>
The	O
business	O
customers	O
of	O
Nebula	O
CDN	O
include	O
Xiaomi	O
,	O
iQiyi	B-Application
,	O
Momo	B-Protocol
,	O
Insta360	B-Algorithm
,	O
Bilibili	O
and	O
Xunlei	B-Protocol
itself	O
.	O
</s>
<s>
In	O
August	O
2017	O
,	O
Xunlei	B-Protocol
announced	O
they	O
received	O
an	O
official	O
license	O
of	O
CDN	O
operating	O
from	O
Ministry	O
of	O
industry	O
and	O
information	O
industry	O
of	O
China	O
.	O
</s>
<s>
StellarCloud	O
(	O
Chinese	O
:	O
星域云	O
)	O
is	O
a	O
shared	O
cloud	B-Architecture
computing	I-Architecture
platform	I-Architecture
which	O
expands	O
Xunlei	B-Protocol
's	O
existing	O
content	B-Operating_System
delivery	I-Operating_System
network	I-Operating_System
(	O
CDN	O
)	O
services	O
to	O
Infrastructure	B-General_Concept
as	I-General_Concept
a	I-General_Concept
Service	I-General_Concept
(	O
IaaS	B-General_Concept
)	O
,	O
offering	O
edge	B-Device
computing	I-Device
,	O
function	O
computing	O
and	O
shared	O
CDN	O
(	O
SCDN	O
)	O
solutions	O
.	O
</s>
<s>
StellarCloud	O
is	O
created	O
to	O
help	O
companies	O
in	O
their	O
transition	O
to	O
cloud	O
,	O
including	O
content	O
delivery	O
,	O
live	O
streaming	O
,	O
data	O
storage	O
and	O
artificial	B-Application
intelligence	I-Application
(	O
AI	B-Application
)	O
.	O
</s>
<s>
OneThingCloud	O
(	O
Chinese	O
:	O
玩客云	O
)	O
,	O
a	O
private	O
cloud	O
designed	O
for	O
people	O
who	O
pursue	O
high	O
quality	O
digital	O
entertainment	O
,	O
provides	O
people	O
with	O
quick	O
download	O
,	O
instant	O
storage	O
and	O
removing	O
,	O
file	B-Application
management	I-Application
,	O
remote	O
control	O
,	O
multimedia	O
entertainment	O
and	O
other	O
functions	O
.	O
</s>
<s>
In	O
April	O
2018	O
,	O
Xunlei	B-Protocol
launched	O
ThunderChain	O
(	O
Chinese	O
:	O
迅雷链	O
)	O
,	O
a	O
high-performance	O
blockchain	B-Application
platform	O
,	O
which	O
can	O
concurrently	O
conduct	O
millions	O
of	O
transactions	B-General_Concept
per	I-General_Concept
second	I-General_Concept
(	O
TPS	O
)	O
.	O
</s>
<s>
Based	O
on	O
Xunlei	B-Protocol
's	O
proprietary	B-Device
homogeneous	O
multichain	O
framework	O
,	O
ThunderChain	O
is	O
designed	O
to	O
realize	O
confirmation	O
and	O
interaction	O
among	O
homogeneous	O
chains	O
and	O
enable	O
multiple	O
transactions	O
to	O
be	O
executed	O
on	O
different	O
chains	O
in	O
parallel	O
.	O
</s>
<s>
ThunderChain	O
supports	O
smart	O
contracts	O
written	O
in	O
solidity	O
language	O
and	O
is	O
compatible	O
with	O
Ethereum	O
Virtual	O
Machine	O
(	O
EVM	O
)	O
,	O
making	O
it	O
easy	O
to	O
migrate	O
applications	O
from	O
other	O
blockchain	B-Application
platforms	O
.	O
</s>
<s>
ThunderChain	O
File	O
System	O
(	O
TCFS	O
)	O
,	O
based	O
on	O
Xunlei	B-Protocol
's	O
proprietary	B-Device
distributed	O
technology	O
and	O
millions	O
of	O
shared	O
computing	O
nodes	O
,	O
is	O
a	O
distributed	O
file	O
system	O
for	O
data	O
storage	O
and	O
authorized	O
distribution	O
.	O
</s>
<s>
It	O
is	O
built	O
specifically	O
for	O
blockchain	B-Application
platforms	O
including	O
ThunderChain	O
and	O
other	O
platforms	O
.	O
</s>
<s>
Blockchain	B-Application
developers	O
and	O
enterprises	O
can	O
build	O
decentralized	O
applications	O
(	O
DApps	O
)	O
with	O
distributed	O
data	O
storage	O
and	O
integration	O
,	O
possessing	O
the	O
improved	O
capabilities	O
in	O
openness	O
,	O
transparency	O
,	O
non-temper	O
ability	O
,	O
traceability	O
,	O
reliability	O
,	O
security	O
and	O
encryption	O
,	O
mass	O
storage	O
and	O
authorization	O
.	O
</s>
<s>
Xunlei	B-Protocol
Kankan	O
,	O
also	O
known	O
as	O
Kankan	O
,	O
is	O
a	O
video-on-demand	B-Application
service	O
with	O
a	O
web	O
interface	O
as	O
well	O
as	O
a	O
client	O
application	O
.	O
</s>
<s>
Xunlei	B-Protocol
Kankan	O
is	O
also	O
available	O
on	O
mobile	O
platforms	O
including	O
Android	B-Application
and	O
iOS	B-Application
(	O
including	O
iPhone	O
and	O
Kankan	O
HD	O
for	O
iPad	O
)	O
.	O
</s>
<s>
In	O
2015	O
,	O
Xunlei	B-Protocol
sold	O
its	O
entire	O
stake	O
in	O
Xunlei	B-Protocol
Kankan	O
to	O
Beijing	O
Nesound	O
International	O
Media	O
Corp.	O
,	O
Ltd	O
.	O
for	O
a	O
total	O
consideration	O
of	O
RMB	O
130	O
million	O
.	O
</s>
<s>
In	O
addition	O
to	O
the	O
above	O
products	O
,	O
the	O
company	O
also	O
produces	O
software	O
such	O
as	O
a	O
media	O
player	O
,	O
a	O
game	O
accelerator	O
,	O
a	O
live	O
streaming	B-Application
video	I-Application
platform	O
and	O
online	B-Application
games	I-Application
.	O
</s>
<s>
Xunlei	B-Protocol
Building	O
,	O
the	O
new	O
headquarters	O
building	O
of	O
Xunlei	B-Protocol
,	O
is	O
under	O
construction	O
and	O
expected	O
to	O
be	O
completed	O
in	O
2020	O
.	O
</s>
<s>
Xunlei	B-Protocol
Building	O
is	O
located	O
in	O
Shenzhen	O
Nanshan	O
District	O
,	O
adjacent	O
to	O
Shenzhen	O
Metro	O
Line	O
1	O
and	O
Line	O
2	O
.	O
</s>
<s>
LinkToken	O
,	O
formerly	O
known	O
as	O
OneCoin	O
,	O
is	O
one	O
kind	O
of	O
virtual	O
token	O
issued	O
by	O
Xunlei	B-Protocol
,	O
and	O
this	O
token	O
must	O
be	O
obtained	O
through	O
the	O
sharing	O
of	O
user	O
's	O
network	O
bandwidth	O
,	O
storage	O
space	O
or	O
other	O
resources	O
.	O
</s>
<s>
Xunlei	B-Protocol
said	O
this	O
token	O
can	O
be	O
used	O
to	O
pay	O
for	O
network	O
acceleration	O
services	O
,	O
cloud	O
storage	O
services	O
and	O
other	O
internet	O
content	O
.	O
</s>
<s>
On	O
account	O
of	O
the	O
prohibition	O
of	O
virtual	O
currency	O
trading	O
and	O
initial	B-Application
coin	I-Application
offering	I-Application
(	O
ICO	O
)	O
in	O
China	O
,	O
Xunlei	B-Protocol
declare	O
that	O
LinkToken	O
does	O
not	O
constitute	O
an	O
ICO	O
and	O
it	O
cannot	O
be	O
purchased	O
or	O
traded	O
in	O
cash	O
,	O
and	O
the	O
company	O
has	O
issued	O
lawyer	O
's	O
letters	O
to	O
third-party	O
trading	O
platforms	O
,	O
requiring	O
them	O
to	O
stop	O
LinkToken	O
trading	O
activities	O
.	O
</s>
<s>
On	O
17	O
September	O
2018	O
,	O
Xunlei	B-Protocol
entered	O
into	O
a	O
strategic	O
partnership	O
with	O
Newland	O
Hi-Tech	O
Group	O
Co.	O
,	O
Ltd	O
.	O
</s>
<s>
In	O
connection	O
with	O
the	O
Strategic	O
Partnership	O
,	O
Xunlei	B-Protocol
also	O
entered	O
into	O
a	O
series	O
of	O
transactions	O
with	O
Beijing	O
LinkChain	O
Co.	O
,	O
Ltd.	O
,	O
an	O
associated	O
company	O
of	O
Newland	O
,	O
to	O
transfer	O
the	O
exclusive	O
right	O
to	O
operate	O
LinkToken	O
program	O
within	O
mainland	O
China	O
,	O
including	O
without	O
limitation	O
,	O
the	O
formulation	O
,	O
amendment	O
and	O
execution	O
of	O
the	O
rules	O
governing	O
the	O
rewarding	O
of	O
LinkToken	O
to	O
users	O
,	O
LinkToken	O
Pocket	O
and	O
the	O
LinkToken	O
Mall	O
,	O
and	O
the	O
related	O
assets	O
and	O
liabilities	O
to	O
Beijing	O
LinkChain	O
(	O
the	O
“	O
Transfer	O
”	O
)	O
.	O
</s>
<s>
Upon	O
the	O
completion	O
of	O
this	O
Transfer	O
,	O
Xunlei	B-Protocol
will	O
cease	O
operating	O
the	O
LinkToken	O
program	O
within	O
mainland	O
China	O
.	O
</s>
<s>
This	O
Transfer	O
will	O
allow	O
Xunlei	B-Protocol
to	O
put	O
more	O
focus	O
on	O
research	O
and	O
development	O
of	O
the	O
underlying	O
blockchain	B-Application
technology	I-Application
and	O
infrastructure	O
,	O
such	O
as	O
ThunderChain	O
and	O
ThunderChain	O
File	O
System	O
(	O
TCFS	O
)	O
.	O
</s>
<s>
Xunlei	B-Protocol
is	O
different	O
from	O
P2P	O
tools	O
in	O
that	O
it	O
does	O
not	O
support	O
active	O
file	O
sharing	O
.	O
</s>
<s>
While	O
copyright	O
advocates	O
view	O
Xunlei	B-Protocol
as	O
a	O
P2P	O
tool	O
that	O
facilitates	O
copyright	O
violation	O
,	O
P2P	O
advocates	O
criticize	O
Xunlei	B-Protocol
as	O
a	O
leech	O
with	O
much	O
more	O
downloading	O
than	O
uploading	B-Application
.	O
</s>
<s>
Also	O
it	O
is	O
often	O
observed	O
that	O
Xunlei	B-Protocol
prioritizes	O
file	O
sharing	O
with	O
Xunlei	B-Protocol
users	O
rather	O
than	O
other	O
client	O
users	O
.	O
</s>
<s>
Many	O
pure	O
P2P	O
tools	O
have	O
blocked	O
Xunlei	B-Protocol
,	O
although	O
this	O
trend	O
weakened	O
after	O
Xunlei	B-Protocol
began	O
balancing	O
the	O
number	O
of	O
downloads	O
and	O
uploads	B-Application
.	O
</s>
<s>
Xunlei	B-Protocol
sets	O
up	O
its	O
own	O
storage	O
servers	O
to	O
backup	O
the	O
files	O
which	O
are	O
not	O
active	O
or	O
shared	O
any	O
longer	O
.	O
</s>
<s>
This	O
feature	O
is	O
named	O
as	O
High-Speed	O
Channel	O
and	O
allows	O
Xunlei	B-Protocol
users	O
retrieve	O
data	O
faster	O
than	O
others	O
.	O
</s>
