XNAS
VNET
Market cap240mUSD
Oct 08, Last price
5.17USD
1D
-4.08%
1Q
-35.46%
Jan 2017
-26.25%
IPO
-70.87%
Name
VNET Group Inc
Chart & performance
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Profile
VNET Group, Inc. operates as an investment holding company, delivering a comprehensive suite of hosting and digital infrastructure services throughout China. Its core offerings encompass managed hosting, featuring services such as colocation – where clients can house their servers and networking equipment within dedicated data center space or by leasing partial or entire cabinets. This is complemented by server administration and interconnectivity solutions. Beyond these fundamental services, VNET provides an array of value-added options, including hybrid IT integration, bare metal server provisions, robust firewall protection, server load balancing, advanced data backup and recovery, as well as extensive data center and server management services. The company also offers cloud computing services, enabling customers to deploy and run applications over the internet utilizing VNET's IT infrastructure, alongside secure VPN services to extend private networks via public internet connections. Operational support from VNET includes operating system maintenance and updates, continuous server monitoring, backup and restoration capabilities, server security evaluations, and disaster recovery planning. Furthermore, the company possesses expertise in data center development, offering services from site selection and planning to the design and construction of both wholesale and retail facilities. VNET caters to a broad and diverse clientele, spanning sectors such as information technology and cloud services, telecommunications carriers, social networking platforms, gaming and entertainment industries, e-commerce businesses, automotive companies, financial services institutions, government agencies, blue-chip enterprises, small-to-mid-sized businesses, and even individual users. As of December 31, 2021, VNET boasted significant operational scale, managing 78,540 cabinets across 40 proprietary data centers and 64 facilities operated in partnership. Established in 1999 and headquartered in Beijing, People's Republic of China, the company was previously known as 21Vianet Group, Inc. before officially rebranding to VNET Group, Inc. in October 2021.
Key people
Shiqi Chen Wang
President, Chief Executive Officer · since 2018
Xiao Liu
Chief Financial Officer · since 2018
Wing-Dar Ker
President - Microsoft Cloud Business Unit · since 2013
Jingping Ma
Senior Vice President - Data Center Business Group · since 2015
Feng Xiao
Senior Vice President - Sales and Key Account, Data Center Business Group · since 2009
Chunfeng Cai
Vice President and National General Sales Manager · since 2019
Sheng Chen
Executive Chairman of the Board · since 2015
Wenbin Chen
Director · since 2017
Director · since 2015
Director · since 2016
Independent Director · since 2015
Independent Director · since 2012
Yoshihisa Ueno
Independent Director · since 2010
Legal address
C/O Maples Corporate Services Limited
PO Box 309
Ugland House
Grand Cayman
George Town KY1-1104
KY
PO Box 309
Ugland House
Grand Cayman
George Town KY1-1104
KY
Headquarters
冠捷大厦东南1楼
酒仙桥东路10号
朝阳区
北京市, BJ 100016
CN
酒仙桥东路10号
朝阳区
北京市, BJ 100016
CN
Address
Guanjie Building Southeast 1st Floor
10# Jiuxianqiao East Road
Chaoyang District
Beijing, BJ 100016
CN
10# Jiuxianqiao East Road
Chaoyang District
Beijing, BJ 100016
CN
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