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 backup 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 provides 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, the People’s Republic of China.
| Country | China |
| Founded | 1999 |
| IPO Date | Apr 21, 2011 |
| Industry | Information Technology Services |
| Sector | Technology |
| Employees | 3,038 |
| CEO | Sheng Chen |
Contact Details
Address: Guanjie Building, Southeast 1st Floor Beijing, 100016 China | |
| Phone | 86 10 8456 2121 |
| Website | vnet.com |
Stock Details
| Ticker Symbol | VNET |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | CNY |
| CIK Code | 0001508475 |
| CUSIP Number | 90138A103 |
| ISIN Number | US90138A1034 |
| SIC Code | 7370 |
Key Executives
| Name | Position |
|---|---|
| Sheng Chen | Co-Founder, Executive Co-Chairman and Interim Chief Executive Officer |
| Jianbiao Zhu | Executive Co-Chairman |
| Qiyu Wang | Chief Financial Officer |
| Xinyuan Liu | Director of Investor Relations |
| Wing-Dar Ker | Senior Vice President |
| Chenggang Shen | Rotating President and GM-IDC Strategic Business Group |
| Liang Zhao | Senior Vice President and GM of North China Business |
| Qi Yang | Group Senior Vice President |
| Wen Teng | Senior Vice President of the Group |
| Yixiao Huang | Group Executive Vice President and Joint Office Director |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 20, 2024 | 6-K | Report of foreign issuer |
| Nov 14, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |
| Nov 12, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 1, 2024 | 6-K | Report of foreign issuer |
| Sep 3, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Aug 27, 2024 | 6-K | Report of foreign issuer |
| Aug 22, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Aug 22, 2024 | 6-K | Report of foreign issuer |
| Aug 22, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Jul 30, 2024 | 6-K | Report of foreign issuer |