VNET Group, Inc. (FRA:217A)
Germany flag Germany · Delayed Price · Currency is EUR
7.50
-0.05 (-0.66%)
Dec 1, 2025, 8:05 AM CET

VNET Group Company Description

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

The company 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; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services.

It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers’ private networks by setting up connections through the public internet.

In addition, the company offers server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services.

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.

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 1996 and is headquartered in Beijing, China.

VNET Group, Inc.
CountryCayman Islands
Founded1996
IndustryInformation Technology Services
SectorTechnology
Employees2,581
CEOSheng Chen

Contact Details

Address:
Guanjie Building
Beijing, 100016
China
Phone86 10 8456 2121
Websitevnet.com

Stock Details

Ticker Symbol217A
ExchangeFrankfurt Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyCNY
ISIN NumberUS90138A1034
SIC Code7370

Key Executives

NamePosition
Sheng ChenChief Executive Officer
Qiyu WangChief Financial Officer
Xinyuan LiuHead of Investor Relations