Company VNET Group, Inc.

VNET

US90138A1034

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 21:00:00 12/12/2025 GMT			5-day change	1st Jan Change
9.180 ^USD	-0.65%		+2.68%	+93.67%

11-24	Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Monday Trading	MT
11-21	Nomura Adjusts VNET Group Price Target to $13 From $13.20, Maintains Buy Rating	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 Companyâs 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	2021	2022	2023	2024
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	2021	2022	2023	2024
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	56	21/04/2024
Qiyu Wang DFI	Director of Finance/CFO	47	27/07/2023
Xin Yuan Liu IRC	Investor Relations Contact	-	31/07/2021
Shiqi Wang CEO	Chief Executive Officer	49	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	62	30/09/2010
Chung Ho Tai BRD	Director/Board Member	75	16/10/2012
Sheng Chen CHM	Chairman	56	15/10/2009
Sean Shao BRD	Director/Board Member	68	23/08/2015
Jian Biao Zhu CHM	Chairman	51	09/01/2024
Lifeng Chen David BRD	Director/Board Member	56	29/07/2024

Composition of the Board of Directors

Shareholders: VNET Group, Inc.

Name	Equities	%	Valuation
Triata Capital Ltd. 4.528 %	11,947,969	4.528 %	107 M $
Morgan Stanley Capital Services LLC 4.352 %	11,483,581	4.352 %	103 M $
Norges Bank Investment Management 4.036 %	10,650,684	4.036 %	95 M $
Blackstone Corporate Private Equity 3.942 %	10,402,130	3.942 %	93 M $
Infini Capital Management Ltd. 3.259 %	8,601,395	3.259 %	77 M $

Name	Equities	%	Valuation
SHANDONG HI-SPEED HOLDINGS GROUP LIMITED 75.86 %	650,424,192	75.86 %	969 M $
Sheng Chen 3.922 %	33,628,931	3.922 %	50 M $
SMC Synapse Partners Ltd. 0.1568 %	1,344,228	0.1568 %	2 M $
Ares Management LLC 0 %	0	0 %	- $

Name	Equities	%	Valuation
Sheng Chen 16.33 %	28,527,478	16.33 %	42 M $
SMC Synapse Partners Ltd. 1.256 %	2,194,200	1.256 %	3 M $

Name	Equities	%	Valuation
Sheng Chen 100 %	60,000	100 %	89 364 $

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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Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
VNET GROUP, INC.	-0.65%	+2.68%	+130.08%	+78.95%	2.47B
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RELX PLC	+0.40%	-0.63%	-19.08%	+29.66%	73.26B
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Average	+0.45%	+0.35%	+12.55%	+43.96%	101.49B
Weighted average by Cap.	+0.30%	+0.25%	+2.23%	+43.18%