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

4.83B 6.19B 7.07B 7.41B 8.26B

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)

4.83B 6.19B 7.07B 7.41B 8.26B

Executive Committee: VNET Group, Inc.

Manager TitleAgeSince
Chief Executive Officer 57 2024-04-21
Director of Finance/CFO 48 2023-07-27
Investor Relations Contact - 2021-07-31
Chief Executive Officer 50 2018-02-04

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

Director TitleAgeSince
Director/Board Member 63 2010-09-30
Director/Board Member 76 2012-10-16
Chairman 57 2009-10-15
Director/Board Member 69 2015-08-23
Chairman 52 2024-01-09
Director/Board Member 57 2024-07-29

Shareholders: VNET Group, Inc.

NameEquities%Valuation
Point72 Asset Management LP
5.024 %
13,256,938 5.024 % 140 M $
Triata Capital Ltd.
4.736 %
12,498,810 4.736 % 132 M $
Point72 Asset Management LP
4.427 %
11,682,841 4.427 % 123 M $
Blackstone Corporate Private Equity
3.942 %
10,402,130 3.942 % 110 M $
Morgan Stanley Capital Services LLC
3.915 %
10,332,297 3.915 % 109 M $
NameEquities%Valuation
75.86 %
650,424,192 75.86 % 1 141 M $
3.922 %
33,628,931 3.922 % 59 M $
SMC Synapse Partners Ltd.
0.1568 %
1,344,228 0.1568 % 2 M $
Ares Management LLC
0 %
0 0 % - $
NameEquities%Valuation
16.33 %
28,527,478 16.33 % 50 M $
SMC Synapse Partners Ltd.
1.256 %
2,194,200 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.($)
+14.15%+11.88%-3.49%+237.34% 2.63B
-0.88%+2.66%-1.98%+100.73% 238B
-2.46%-3.18%-39.39%-19.66% 129B
-0.57%-3.84%-30.41%-24.69% 99.26B
-2.43%+0.47%-28.29%+1.74% 89.81B
-1.72%+1.10%-28.78%+3.98% 63.66B
-3.11%+6.89%+20.07%+34.80% 62.57B
-1.48%+0.52%-23.16%-12.48% 57.76B
-0.71%+3.54%+17.51%+97.30% 40.48B
+0.21%-0.69%-12.61%+21.93% 39.9B
Average +0.13%+1.71%-13.05%+44.10% 82.25B
Weighted average by Cap. -1.42%+3.02%-15.59%+31.92%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
67.62CNY
Average target price
102.98CNY
Spread / Average Target
+52.30%

Quarterly revenue - Rate of surprise

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