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VNET Group Inc - ADR
Guanjie Building, Southeast 1St Floor
10# Jiuxianqiao East Road
Phone: +86 1084562121p:+86 1084562121 BEIJING, BEJ  100016  China Ticker: VNETVNET
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes--YesYes-

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2023YesYes---

Industries
SIC Code Description
7374 Computer processing and data preparation and processing services
7373 Computer integrated systems design
7379 Computer related services, not elsewhere classified
7376 Computer facilities management services
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Co-Chairman of the Board, Interim Chief Executive Officer, Founder ShengChen 55 4/1/2024
Executive Co-Chairman of the Board JianbiaoZhu 50 1/1/2024 1/1/2024
Chief Financial Officer QiyuWang 46 7/1/2023 7/1/2023
4 additional Officers and Directors records available in full report.

Business Names
Business Name
Abitcool (China) Broadband Inc.
Apexer Investments Limited
Asia Quality Limited
73 additional Business Names available in full report.

General Information
Number of Employees: 3,038 (As of 12/31/2023)
Outstanding Shares: 1,579,266,750 (As of 12/31/2024)
Stock Exchange: NASD


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Friday, March 28, 2025