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VNET Group

10.71
+0.75007.53%
Post-market: 10.900.1900+1.77%19:56 EST
Volume:10.58M
Turnover:110.71M
Market Cap:2.86B
PE:-7.26
High:11.08
Open:10.00
Low:9.79
Close:9.96
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Company Profile

Company Name:
VNET Group
Exchange:
NASDAQ
Establishment Date:
1996
Employees:
3038
Office Location:
Guanjie Building,Southeast 1st Floor,10# Jiuxianqiao East Road,Chaoyang District,Beijing,China
Zip Code:
100016
Fax:
86 10 8456 4234
Introduction:
VNET Group, Inc., an investment holding company, provides hosting and related services in China. It 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; 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; 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. The company also 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 1999 and is headquartered in Beijing, the People's Republic of China.

Directors

Name
Position
Sheng Chen
Co-Chairperson of the Board, Interim Chief Executive Officer and Founder
David Lifeng Chen
Independent Director
Jianbiao Zhu
Co-Chairperson of the Board and Executive Director
Kenneth Chung Hou Tai
Independent Director
Sean Shao
Independent Director
Yoshihisa Ueno
Independent Director

Shareholders

Name
Position
Sheng Chen
Co-Chairperson of the Board, Interim Chief Executive Officer and Founder
Qiyu Wang
Chief Financial Officer
Jianbiao Zhu
Co-Chairperson of the Board and Executive Director