VNET Group Inc DRC
VNET · NASDAQ · Technology / Information Technology Services
Price History
Full chartMarket Stats
About
VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising 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; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides 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. In addition, the company offers server administration services, including 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 1996 and is headquartered in Beijing, China.
Company Details
- SectorTechnology
- IndustryInformation Technology Services
- CEOMr. Wen Teng
- Employees2.78K
- HeadquartersGuanjie Building, Beijing, China, 100016, USA
- Websitehttps://www.vnet.com
Leadership
- Mr. Sheng ChenCo-Founder & Executive Chairman · b. 1969
- Ms. Xinyuan LiuHead of Director of Investor
- Mr. Derek LiGroup Executive VP & General Counsel
- Ms. Xiao LiuRotating President & Group Executive VP · b. 1981
- Mr. Shiqi WangRotating President & Group Senior VP · b. 1976
- Mr. Ju MaGroup Executive VP & Rotating President
- Mr. Wen TengRotating Chief Executive Officer
- Mr. Kun YanGroup Executive Vice President
- Mr. Xiaomang LiGroup Senior Vice President
- Mr. Zhihua ZhangGroup Senior VP & Head of Operations Finance · b. 1983
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy7
- Buy5
- Hold1
Ownership Breakdown
- Institutions
- 45.73%
- Insiders
- 0.00%
- Retail / Other
- 54.27%
Top Institutional Holders
- Point72 Asset Management, L.P.16.11M5.66%
- Triata Capital Limited11.76M4.13%
- Blackstone Inc10.40M3.65%
- Millennium Management LLC8.77M3.08%
- NORGES BANK8.53M3.00%
- Morgan Stanley - Brokerage Accounts7.09M2.49%
- Balyasny Asset Management LLC6.79M2.39%
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.5.86M2.06%
- UBS Group AG5.74M2.02%
- Infini Capital Management Ltd4.84M1.70%
- The Goldman Sachs Group Inc4.70M1.65%
- Oasis Management Co. Ltd4.62M1.62%
- BlackRock Inc3.57M1.25%
- D. E. Shaw & Co LP3.53M1.24%
- Temasek Holdings Ltd.3.53M1.24%
- Pinpoint Asset Management (Singapore) Pte. Ltd.3.37M1.18%
- Tiger Pacific Capital LP2.91M1.02%
Top Fund Holders
- Global X Data Center & Dgtl Infrs ETF9.02M3.16%
- KraneShares CSI China Internet ETF5.89M2.06%
- Jupiter Merian Glb Eq Abs Rt I USD Acc5.42M1.90%