VNET Group, Inc.
Close on Oct 19, 2026
About VNET
Services-Computer Programming, Data Processing, Etc., SIC 7370
VNET Group, Inc. provides carrier-neutral and cloud-neutral internet data center services. Its operations include wholesale internet data center services, which design, build, and deliver customized facilities, and retail internet data center services, covering server colocation, interconnectivity across major networks, and value-added IT hosting solutions. In addition, the company operates a non-data center division delivering enterprise cloud offerings in partnership with Microsoft, alongside virtual private network and software-defined wide area network solutions. It caters to internet giants, large cloud computing providers, and enterprise clients.
The company maintains carrier-neutral data center infrastructure with 889 megawatts of wholesale capacity in service and 49,863 retail cabinets across China, primarily concentrated in tier-one metropolitan areas such as the Greater Beijing Area, the Yangtze River Delta, and the Greater Bay Area, with additional points of presence across Asia and sites in Southeast Asia. VNET Group maintains its principal executive offices in Beijing, China.
Summary of the business section of VNET's latest annual report, written by StockData.
Company profile
Company
- Legal name
- VNET Group, Inc.
- Founded
- 1999
- Headquarters
- Beijing, F4
- Address
- Guanjie Building, Southeast 1st Floor, 10# Jiuxianqiao East Road 100016
- Phone
- (86 10) 8456-2121
- Website
- ir.vnet.com
- Employees
- 2,784, Dec 31, 2025
- Industry
- Services-Computer Programming, Data Processing, Etc.
- Auditor
- KPMG Huazhen LLP, Beijing, China
Stock & identifiers
- Ticker
- VNET
- Exchange
- Nasdaq
- IPO date
- Apr 21, 2011
- Shares outstanding
- 1.62B, Dec 31, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1508475
- CUSIP
- 90138A103
- ISIN
- US90138A1034
- LEI
- 529900672GYJQ3T38I58
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Sheng Chen | Exec. Chairperson & Int. CEO, Director | 98,440,275 |
| Zhihua Zhang | SVP, Operational Finance | 33,924 |
| Qiyu Wang | Chief Financial Officer | – |
| David Lifeng Chen | Director | 501,252 |
| Sean Shao | Director | 983,820 |
| Kenneth Tai | Director | 1,262,802 |
| Yoshihisa UENO | Director | 5,489,448 |
Employees
Headcount reported in annual reports
“We had 3,038, 2,581, and 2,784 employees as of December 31, 2023, 2024, and 2025, respectively.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 8, 2021 | Name change | Name changed from 21Vianet Group, Inc. to VNET Group, Inc. |
| Apr 21, 2011 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 6, 2011 | Listing | Registration of securities on an exchange (Form 8-A) |