21Vianet Group

VNET Group, Inc. is a holding company, which engages in the provision of carrier-neutral internet data center services. Its services include interconnectivity, colocation or data center managed hosting services, and cloud services. The company was founded by Sheng Chen and Jun Zhang on October 16, 1999 and is headquartered in Beijing, China.

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VNET Group reports strong Q4 earnings, eyes growth amid challenges

VNET Group's Q4 2022 earnings call highlighted solid financial results, successful customer acquisitions, and progress in ESG initiatives amidst macroeconomic challenges.
The company's Dual-Core strategy, focus on digital transformation, and major order wins underscore its market competitiveness and growth potential.
While facing challenges and uncertainties, VNET remains optimistic about future growth opportunities, supported by industry trends and strategic initiatives.

21Vianet Group (VNET) reports robust Q1 earnings amidst market expansion

21Vianet Group (VNET) demonstrated strong financial performance in Q1 2023, driven by revenue growth and operational efficiency.
While facing challenges in pricing dynamics and non-IDC business growth, VNET's strategic strengths lie in securing key customers and expanding service offerings.
With a positive market outlook and a focus on sustainability and innovation, VNET is well-positioned to capitalize on growth opportunities in the digital economy.

VNET Group reports solid Q2 earnings, eyes growth through innovation

VNET Group's Q2 performance reflects steady growth, innovation in new solutions, and a commitment to sustainability. While facing challenges in cost management and debt repayment, the company is well-positioned to seize opportunities in expanding its customer base and enhancing its service offerings.

21Vianet Group (VNET) reports solid Q3 growth and strategic focus

VNET's Q3 performance reflects growth in revenues, profitability, and market appeal, driven by demand for premium IDC services and AI applications.
The company's strategic focus on high-profit margin businesses and reducing exposure to lower-margin segments bodes well for long-term financial health.
While facing challenges such as significant CapEx increases and managing cash flow, VNET has opportunities to capitalize on AI-driven services and sustainable growth.

VNET Group reports robust earnings, eyes growth amid market dynamics

VNET Group demonstrated strong financial performance in Q4 2023 and for the full year, supported by operational achievements and strategic initiatives.
While facing challenges in managing CapEx and addressing investor inquiries, the company's strengths in sustainability, market positioning, and financial stability provide a foundation for growth.
Opportunities lie in leveraging China's digital economy initiatives, executing on 2024 guidance, and enhancing operational efficiency to drive future success and value creation.

21Vianet Group posts solid Q1 results, eyes global expansion

21Vianet Group's Q1 performance reflects resilience, growth potential, and strategic foresight in navigating the dynamic digital infrastructure market, despite facing challenges in cost management and strategic alignment.
The company's focus on AI-driven data centers, global expansion, and revenue diversification underscores its commitment to innovation, sustainability, and long-term value creation for stakeholders.
With a strong financial foundation, operational efficiency, and a clear growth trajectory, 21Vianet Group is well-positioned to capitalize on emerging opportunities, address challenges, and drive sustainable growth in the digital economy.

21Vianet Group (VNET) reports robust Q2 earnings and growth prospects

21Vianet Group (VNET) delivered a strong Q2 2024 performance, driven by revenue growth in wholesale business and stable development in retail IDC.
The company's focus on AI trends, sustainability, and prudent financial management positions it well for future growth and market opportunities.
While facing challenges in CapEx management and balancing growth with profitability, VNET's positive outlook and strategic initiatives offer avenues for sustained success.
Overall, VNET's performance reflects operational resilience, financial improvement, and a strategic vision for long-term value creation and market leadership.

VNET Group excels in Q3, raises guidance amidst tech opportunities

VNET Group delivered a strong Q3 performance with revenue and profitability growth, supported by new order wins and advancements in AI computing capabilities.
The company's focus on green computing, prudent financial management, and raised guidance for 2024 underscore confidence in future prospects.
While challenges exist in sustaining growth momentum and managing investments, VNET has opportunities to leverage technology trends and sustainability initiatives for strategic advantage.

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LOS ANGELES--(BUSINESS WIRE)---- $STOCKS--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of VNET Group, Inc. (VNET) Investors.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of VNET Group, Inc. (VNET) Investors

BEIJING , Dec. 28, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the completion of the previously announced equity investment in an aggregate amount of US$299 million (the "Strategic Investment") from Success Flow International Investment Limited ("Success Flow") and Choice Faith Group Holdings Limited ("Choice Faith"), both of which are beneficially owned by Shandong Hi-Speed Holdings Group Limited ("SDHG," 00412.HK), a Hong Kong Stock Exchange listed company. With the closing of the Strategic Investment, Success Flow and Choice Faith now hold 455,296,932 and 195,127,260 newly issued Class A ordinary shares of the Company, respectively, representing approximately 29.5% and 12.6% of the total issued and outstanding shares of the Company (excluding treasury shares and Class A ordinary shares in the form of ADSs that are reserved for issuance upon the exercise of share incentive awards), respectively, and approximately 25.0% and 10.7% of the voting power, respectively.

VNET Announces the Completion of US$299 Million Strategic Investment from Shandong Hi-Speed Holdings Group Limited and the Repurchase Right Notification for 0.00% Convertible Senior Notes due 2026

BEIJING , Dec. 28, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, announced that it has entered into a strategic cooperation agreement (the "Agreement") with Shandong Hi-Speed Holdings Group Limited ("SDHG," 00412.HK), an important overseas investment and financing as well as emerging industrial holding platform of Shandong Hi-Speed Group. Pursuant to the Agreement, SDHG and VNET will leverage their respective resources and strengths to develop renewable energy projects in northern China.

VNET Inks Strategic Partnership with Shandong Hi-Speed Holdings Group Limited

NEW YORK , Dec. 27, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of VNET Group, Inc. (NASDAQ: VNET) between April 8, 2022 and February 15, 2023, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed.

ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages VNET Group, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - VNET

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of VNET Group, Inc. (NASDAQ: VNET) between April 8, 2022 and February 15, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 26, 2024. SO WHAT: If you purchased VNET securities during the Class Perio.

ROSEN, A TOP RANKED LAW FIRM, Encourages VNET Group, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – VNET

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) securities between April 8, 2022 and February 15, 2023, inclusive (the “Class Period”). VNET investors have until February 26, 2024 to file a lead plaintiff motion. Investors suffering losses on their VNET investments are encouraged to contact the Law Offices of Howard G. Smith to discus.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of VNET Group, Inc. (VNET) Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York captioned Semerak v. VNET Group, Inc., et al., Case No. 23-cv-11187, on behalf of persons and entities that purchased or otherwise acquired VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) securities between April 8, 2022 and February 15, 2023, inclusive (the “Class Period”). Plaintiff pursues.

VNET CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against VNET Group, Inc.

Vnet Group Inc. (VNET) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, VNET's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

21Vianet (VNET) Now Trades Above Golden Cross: Time to Buy?

BEIJING , Dec. 18, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, recently showcased the Company's development of renewable energy infrastructure for representatives from the US-China Green Energy Council ("UCGEC") during a site visit to its Taicang data center campus in China's Yangtze River Delta region. On December 14, 2023, a delegation led by Dr. Steven Chu, chief scientist of the UCGEC, Nobel Laureate in Physics and former U.S. Secretary of Energy, and Dr. Robert Weisenmiller, senior advisor of the UCGEC and former chairman of the California Energy Commission, toured VNET's Taicang data center campus.

VNET Hosts US-China Green Energy Council at Taicang Data Center Campus, Showcases Renewable Energy Development

BEIJING , Nov. 16, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that Success Flow International Investment Limited ("Success Flow") and Choice Faith Group Holdings Limited ("Choice Faith") have entered into an investment agreement (the "Investment Agreement") with VNET to make an equity investment in an aggregate amount of US$299 million (the "Proposed Investment") in the Company. Both Success Flow and Choice Faith are beneficially owned by Shandong Hi-Speed Holdings Group Limited ("SDHG," 00412.HK), the shares of which are listed on the Main Board of The Hong Kong Stock Exchange.

VNET Announces US$299 Million Strategic Investment from Shandong Hi-Speed Holdings Group Limited

VNET Group, Inc. (NASDAQ:VNET ) Q3 2023 Earnings Conference Call November 15, 2023 8:00 PM ET Company Participants Xinyuan Liu - IRO Jeff Dong - CEO Qiyu Wang - CFO Conference Call Participants Yang Liu - Morgan Stanley Charlie Bai - Jefferies Timothy Zhao - Goldman Sachs Daley Li - Bank of America Securities Operator Hello, ladies and gentlemen. Thank you for standing by for standing by for the Third Quarter 2023 Earnings Conference Call for VNET Group, Inc. At this time all participants are in listen-only mode.

VNET Group, Inc. (VNET) Q3 2023 Earnings Call Transcript

BEIJING , Nov. 15, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. "We recorded another solid performance in the third quarter of 2023, highlighted by smooth and timely deliveries of approximately 3,500 cabinets as well as new order wins for our reliable services," said Jeff Dong, Chief Executive Officer of VNET.

VNET Reports Unaudited Third Quarter 2023 Financial Results

BEIJING , Nov. 3, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited third quarter 2023 financial results on Wednesday, November 15, 2023, after the close of U.S. markets. The Company's management will host an earnings conference call at 8:00 PM U.S. Eastern Time on Wednesday, November 15, 2023, or 9:00 AM Beijing Time on Thursday, November 16, 2023.

VNET to Announce Unaudited Third Quarter 2023 Financial Results on November 15, 2023

NEW YORK , Oct. 9, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of VNET Group, Inc. ("VNET" or the "Company") (NASDAQ: VNET). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of VNET Group, Inc. - VNET

BEIJING , Oct. 5, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) (" VNET " or the " Company "), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the results of its extraordinary general meeting held on October 5, 2023 in Beijing. The Company's shareholders adopted the following resolutions as ordinary resolutions: THAT the authorized share capital of the Company be increased by the creation of an additional 1,500,000,000 Class A ordinary shares with a par value of US$0.00001 each, to rank pari passu in all respects with the existing Class A ordinary shares (the " Increase of Authorized Share Capital "), such that immediately following the Increase of Authorized Share Capital, the authorized share capital of the Company shall be increased FROM US$15,000 divided into 1,500,000,000 shares, par value of US$0.00001 each, comprised of (i) 1,198,935,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 300,000,000 Class B ordinary shares of a par value of US$0.00001 each, (iii) 60,000 Class C ordinary shares of a par value of US$0.00001 each, (iv) 555,000 Class D ordinary shares of a par value of US$0.00001 each, (v) 150,000 Series A perpetual convertible preferred shares of a par value of US$0.00001 each, and (vi) 300,000 Series A-1 perpetual convertible preferred shares of a par value of US$0.00001 each TO US$30,000 divided into 3,000,000,000 shares, par value of US$0.00001 each, comprised of (i) 2,698,935,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 300,000,000 Class B ordinary shares of a par value of US$0.00001 each, (iii) 60,000 Class C ordinary shares of a par value of US$0.00001 each, (iv) 555,000 Class D ordinary shares of a par value of US$0.00001 each, (v) 150,000 Series A perpetual convertible preferred shares of a par value of US$0.00001 each, and (vi) 300,000 Series A-1 perpetual convertible preferred shares of a par value of US$0.00001 each; and THAT each director or officer of the Company be authorized to take any and every action that might be necessary, appropriate or desirable to effect the foregoing resolution as such director or officer, in his or her absolute discretion, thinks fit.

VNET Announces Results of 2023 Extraordinary General Meeting

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) investors concerning the Company's possible violations of federal securities laws. On February 15, 2023, VNET disclosed that its board of directors had approved and authorized the issuance of up to 555,000 newly created Class D ordinary shares to the Executive Chairman of the Board. The Company claimed that the Class D ordinary shares.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of VNET Group, Inc. (VNET) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your VNET investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact inf.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of VNET Group, Inc. (VNET) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On February 15, 2023, VNET disclosed that its board of directors had approved and authorized the issuance of up to 555,000 newly created Class D ordinary shares to the Executive.

The Law Offices of Frank R. Cruz Continues Investigation of VNET Group, Inc. (VNET) on Behalf of Investors

LOS ANGELES, CA / ACCESSWIRE / September 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of VNET Group, Inc. ("VNET" or "the Company") (NASDAQ:VNET) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against VNET Group, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 18, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of VNET Group, Inc. ("VNET" or "the Company") (NASDAQ:VNET) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against VNET Group, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your VNET investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of VNET Group, Inc. (VNET) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) investors concerning the Company's possible violations of federal securities laws. On February 15, 2023, VNET disclosed that its board of directors had approved and authorized the issuance of up to 555,000 newly created Class D ordinary shares to the Executive Chairman of the Board. The Company claimed that the Class D ordinary shares “.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of VNET Group, Inc. (VNET) on Behalf of Investors

LOS ANGELES, CA / ACCESSWIRE / September 14, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of VNET Group, Inc. ("VNET" or "the Company") (NASDAQ:VNET) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against VNET Group, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On February 15, 2023, VNET disclosed that its board of directors had approved and authorized the issuance of up to 555,000 newly created Class D ordinary shares to the Executive C.

The Law Offices of Frank R. Cruz Announces Investigation of VNET Group, Inc. (VNET) on Behalf of Investors

LOS ANGELES, CA / ACCESSWIRE / September 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of VNET Group, Inc. ("VNET" or "the Company") (NASDAQ:VNET) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against VNET Group, Inc. and Encourages Investors with Losses to Contact the Firm

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