Company VNET Group, Inc.

VNET

US90138A1034

IT Services & Consulting

Delayed Nasdaq Other stock markets 20:50:37 15/04/2026 BST			5-day change	1st Jan Change
9.025 ^USD	+0.17%		+8.17%	+6.63%

04-14	Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Tuesday Trading	MT
04-07	Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading	MT

Business description: VNET Group, Inc.

VNET Group Inc is a holding company principally engaged in providing carrier-neutral and cloud-neutral data center service. The Companyâ€™s services include managed hosting services, cloud services and virtual private network (VPN) services. Managed hosting services consisting of managed retail services and managed wholesale services. Cloud services allow customers to run their applications over the Internet using the information technology (IT) infrastructure. VPN services extend customersâ€™ private networks by setting up secure and dedicated connections through the public Internet. The Company mainly operates its businesses in the domestic market.

Number of employees: 2,581

Sales by Activity: VNET Group, Inc.

Fiscal Period: December	2020 (CNY)	2021 (CNY)	2022 (CNY)	2023 (CNY)	2024 (CNY)
Hosting and Related Services	4.83B	6.19B	7.07B	7.41B	8.26B

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Geographical breakdown of sales: VNET Group, Inc.

Fiscal Period: December	2020 (CNY)	2021 (CNY)	2022 (CNY)	2023 (CNY)	2024 (CNY)
People's Republic of China (PRC)	4.83B	6.19B	7.07B	7.41B	8.26B

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Executive Committee: VNET Group, Inc.

Manager	Title	Age	Since
Sheng Chen CEO	Chief Executive Officer	57	21/04/2024
Qiyu Wang DFI	Director of Finance/CFO	48	27/07/2023
Xin Yuan Liu IRC	Investor Relations Contact	-	31/07/2021
Shiqi Wang CEO	Chief Executive Officer	50	04/02/2018

See VNET GROUP, INC. governance

Composition of the Board of Directors: VNET Group, Inc.

Director	Title	Age	Since
Yoshihisa Ueno BRD	Director/Board Member	63	30/09/2010
Chung Ho Tai BRD	Director/Board Member	76	16/10/2012
Sheng Chen CHM	Chairman	57	15/10/2009
Sean Shao BRD	Director/Board Member	69	23/08/2015
Jian Biao Zhu CHM	Chairman	52	09/01/2024
Lifeng David BRD	Director/Board Member	57	29/07/2024

Composition of the Board of Directors

Shareholders: VNET Group, Inc.

Name	Equities	%	Valuation
Point72 Asset Management LP 5.024 %	13,256,938	5.024 %	111 M $
Triata Capital Ltd. 4.736 %	12,498,810	4.736 %	105 M $
Point72 Asset Management LP 4.427 %	11,682,841	4.427 %	98 M $
Blackstone Corporate Private Equity 3.942 %	10,402,130	3.942 %	87 M $
Morgan Stanley Capital Services LLC 3.915 %	10,332,297	3.915 %	87 M $

Name	Equities	%	Valuation
SHANDONG HI-SPEED HOLDINGS GROUP LIMITED 75.86 %	650,424,192	75.86 %	909 M $
Sheng Chen 8.147 %	69,852,797	8.147 %	98 M $
Yoshihisa Ueno 0.3843 %	3,295,248	0.3843 %	5 M $
SMC Synapse Partners Ltd. 0.1568 %	1,344,228	0.1568 %	2 M $
Chung Ho Tai 0.1473 %	1,262,802	0.1473 %	2 M $

Name	Equities	%	Valuation
Sheng Chen 16.33 %	28,527,478	16.33 %	40 M $
SMC Synapse Partners Ltd. 1.256 %	2,194,200	1.256 %	3 M $
Yoshihisa Ueno 1.256 %	2,194,200	1.256 %	3 M $

Name	Equities	%	Valuation
Sheng Chen 100 %	60,000	100 %	83 866 $

List of VNET GROUP, INC. shareholders

Company details: VNET Group, Inc.

VNET Group, Inc.

Guanjie Building SE

100016, Beijing

+86 10 8456 2121

http://www.vnet.com

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