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: December20202021202220232024

Hosting and Related Services

4.83B 6.19B 7.07B 7.41B 8.26B
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Geographical breakdown of sales: VNET Group, Inc.

Fiscal Period: December20202021202220232024

People's Republic of China (PRC)

4.83B 6.19B 7.07B 7.41B 8.26B
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Executive Committee: VNET Group, Inc.

Manager TitleAgeSince
Chief Executive Officer 56 2024-04-21
Director of Finance/CFO 47 2023-07-27
Investor Relations Contact - 2021-07-31
Chief Executive Officer 49 2018-02-04
See VNET GROUP, INC. governance

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

Director TitleAgeSince
Director/Board Member 62 2010-09-30
Director/Board Member 75 2012-10-16
Chairman 56 2009-10-15
Director/Board Member 68 2015-08-23
Chairman 51 2024-01-09
Director/Board Member 56 2024-07-29
Composition of the Board of Directors

Shareholders: VNET Group, Inc.

NameEquities%Valuation
Blackstone Corporate Private Equity
3.973 %
10,402,130 3.973 % 56 M $
Point72 Asset Management LP
3.204 %
8,388,402 3.204 % 45 M $
UBS Financial Services, Inc.
2.737 %
7,165,460 2.737 % 38 M $
Infini Capital Management Ltd.
2.677 %
7,010,422 2.677 % 37 M $
Morgan Stanley Capital Services LLC
2.581 %
6,759,234 2.581 % 36 M $
NameEquities%Valuation
75.86 %
650,424,192 75.86 % 579 M $
8.434 %
72,309,744 8.434 % 64 M $
3.922 %
33,628,931 3.922 % 30 M $
GIC Pte Ltd. (Investment Management)
3.833 %
32,863,050 3.833 % 29 M $
SMC Synapse Partners Ltd.
0.1568 %
1,344,228 0.1568 % 1 M $
NameEquities%Valuation
16.33 %
28,527,478 16.33 % 25 M $
Ares Management LLC
15.89 %
27,757,992 15.89 % 25 M $
SMC Synapse Partners Ltd.
1.256 %
2,194,200 1.256 % 2 M $
NameEquities%Valuation
100 %
60,000 100 % 53 378 $
List of VNET GROUP, INC. shareholders

Company details: VNET Group, Inc.

VNET Group, Inc.

Guanjie Building SE 10, Jiuxianqiao East Road

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.($)
-5.88%-7.95%+129.54%+1.68% 1.46B
-1.36%+3.11%+63.92%+105.18% 252B
-2.02%-1.87%+10.41%+12.73% 195B
+0.33%+1.82%-11.15%+7.02% 145B
-0.95%-6.12%+25.61%+49.84% 125B
-0.23%+2.61%+25.55%+211.04% 120B
-0.51%-2.01%+8.92%+81.67% 97.11B
-0.41%+2.44%+7.23%+12.46% 77.12B
-1.47%-1.26%+65.35%+83.74% 69.47B
-0.35%+3.52%+17.39%+70.93% 53.34B
Average -0.91%-0.24%+34.28%+63.63% 113.49B
Weighted average by Cap. -0.44%+0.88%+26.31%+70.49%
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Trading Rating
Investor Rating
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
39.06CNY
Average target price
89.12CNY
Spread / Average Target
+128.15%
Consensus

Quarterly revenue - Rate of surprise

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