VNET Group Inc.

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7.92
-0.28 (-3.41%)
Apr 01, 2025, 11:42 AM - Market open

Company Description

VNET Group, Inc., an investment holding company, provides hosting and related services in China.

It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; server administration services; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; VPN Services that extend customers' private networks by setting up connections through the public internet.

The company also provides operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services; site selection, planning, design, and construction services for wholesale and retail data centers.

It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers.

As of December 31, 2021, it operated 40 self-built data centers and 64 partnered data centers with 78,540 cabinets under management.

The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021.

VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.

VNET Group Inc.
VNET Group Inc. logo
Country CN
IPO Date Apr 21, 2011
Industry Information Technology Services
Sector Technology
Employees 3,038
CEO Sheng Chen

Contact Details

Address:
Guanjie Building
Beijing,
CN
Website https://ir.vnet.com

Stock Details

Ticker Symbol VNET
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001508475
CUSIP Number 90138A103
ISIN Number US90138A1034
Employer ID 00-0000000
SIC Code 7370

Key Executives

Name Position
Sheng Chen Co-Founder, Executive Co-Chairman & Interim Chief Executive Officer
Qiyu Wang Chief Financial Officer
Chenggang Shen Executive Vice President & GM of IDC Strategic Business Group
Jianbiao Zhu Executive Co-Chairman
Ju Ma Rotating President & GM of AIDC Strategic Business Group
Qi Yang Group Senior Vice President
Xinyuan Liu Head of Director of Investor
Yixiao Huang Group Executive Vice President & Joint Office Director

Latest SEC Filings

Date Type Title
Mar 20, 2025 SCHEDULE 13D/A [Amend] Filing
Mar 18, 2025 6-K Filing
Mar 14, 2025 SCHEDULE 13G Filing
Mar 13, 2025 6-K Filing
Mar 13, 2025 6-K Filing
Mar 12, 2025 6-K Filing
Feb 12, 2025 SCHEDULE 13G/A [Amend] Filing
Nov 20, 2024 6-K Filing
Nov 14, 2024 S-8 Filing
Nov 01, 2024 6-K Filing