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 Company’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 customers’ 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

482.9Cr 618.98Cr 706.52Cr 741.29Cr 825.91Cr

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)

482.9Cr 618.98Cr 706.52Cr 741.29Cr 825.91Cr

Executive Committee: VNET Group, Inc.

Manager TitleAgeSince
Chief Executive Officer 57 22/04/2024
Director of Finance/CFO 48 28/07/2023
Investor Relations Contact - 01/08/2021
Chief Executive Officer 50 05/02/2018

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

Director TitleAgeSince
Director/Board Member 63 01/10/2010
Director/Board Member 76 17/10/2012
Chairman 57 16/10/2009
Director/Board Member 69 24/08/2015
Chairman 52 10/01/2024
Director/Board Member 57 30/07/2024

Shareholders: VNET Group, Inc.

NameEquities%Valuation
Norges Bank Investment Management
5.886 %
1,55,32,624 5.886 % 164 M $
Point72 Asset Management LP
5.024 %
1,32,56,938 5.024 % 140 M $
Triata Capital Ltd.
4.528 %
1,19,47,969 4.528 % 126 M $
Blackstone Corporate Private Equity
3.942 %
1,04,02,130 3.942 % 110 M $
Morgan Stanley Capital Services LLC
3.915 %
1,03,32,297 3.915 % 109 M $
NameEquities%Valuation
75.86 %
65,04,24,192 75.86 % 1 141 M $
3.922 %
3,36,28,931 3.922 % 59 M $
SMC Synapse Partners Ltd.
0.1568 %
13,44,228 0.1568 % 2 M $
Ares Management LLC
0 %
0 0 % - $
NameEquities%Valuation
16.33 %
2,85,27,478 16.33 % 50 M $
SMC Synapse Partners Ltd.
1.256 %
21,94,200 1.256 % 4 M $
NameEquities%Valuation
100 %
60,000 100 % 105 258 $

Company details: VNET Group, Inc.

VNET Group, Inc.

Guanjie Building SE

100016, Beijing

+86 10 8456 2121

http://www.vnet.com
address VNET Group, Inc.(VNET)

Other IT Services & Consulting

Change 5d. change 1-year change 3-years change Capi.($)
-1.64%+23.21%+19.58%+174.90% 371.26Cr
+1.10%-12.23%+0.42%+92.91% 25TCr
+0.98%-6.81%-42.21%-21.26% 14TCr
-2.11%-8.48%-31.58%-23.08% 11TCr
+1.02%-8.32%-31.17%-5.56% 8.54TCr
+5.42%+8.23%-2.83%+6.59% 6.24TCr
-1.22%-9.16%-26.25%-14.07% 6.12TCr
+9.99%+5.22%-44.59%-6.77% 5.56TCr
-3.99%-2.17%+24.33%+112.55% 4.37TCr
-1.42%-8.69%-14.96%+29.30% 4.35TCr
Average +0.81%-1.74%-14.93%+34.55% 8.46TCr
Weighted average by Cap. +0.99%-6.23%-18.38%+27.08%
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