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IT service management BEIJING, April 26, 2024 /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 has published its 2023 Environmental, Social and Governance Report (the "2023 ESG Report"), detailing the Company's 2023 endeavors and progress in sustainability, green business practices, ethical governance, digital empowerment, and social responsibility.
Key Points:
- BEIJING, April 26, 2024 /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 has published its 2023 Environmental, Social and Governance Report (the "2023 ESG Report"), detailing the Company's 2023 endeavors and progress in sustainability, green business practices, ethical governance, digital empowerment, and social responsibility.
- "In 2023, we continued to execute our "SHIELD" (Social, Human, Innovation, Environment, Leadership, Development) sustainability system and achieved various goals across occupational health and safety, information security and customer services.
- Key highlights from VNET's 2023 ESG Report:
The Report outlines VNET's next 25-year entrepreneurial mission and goal: bring green direct-current electricity from data centers to millions of households.
- To view the full 2023 ESG Report, please visit the Company's Investor Relations website at https://ir.vnet.com/ or access the report at https://www.vnet.com/en/esg.html .
BEIJING, April 26, 2024 /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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024 Eastern Time.
Key Points:
- BEIJING, April 26, 2024 /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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024 Eastern Time.
- The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at https://ir.vnet.com/ .
- The Company will provide hard copies of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
- Requests should be directed to [email protected] or the Company's Investor Relations Department at VNET Group, Inc., Guanjie Building Southeast 1st Floor, 10# Jiuxianqiao East Road, Chaoyang District, Beijing 100016, People's Republic of China.
BEIJING, April 22, 2024 /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 Mr. Jeff Dong has resigned from his position as the Company's Chief Executive Officer due to personal reasons.
Key Points:
- BEIJING, April 22, 2024 /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 Mr. Jeff Dong has resigned from his position as the Company's Chief Executive Officer due to personal reasons.
- Mr. Josh Sheng Chen, Founder and Co-chairperson of VNET, has been appointed to succeed Mr. Dong as the Company's interim CEO, effective immediately.
- The Company will announce once the appointment of the permanent CEO has been confirmed.
- "Meanwhile, I am pleased to take on the role of interim CEO of the Company.
Retrieved on:
Wednesday, March 27, 2024
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Video game BEIJING, March 27, 2024 /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 fourth quarter and full year ended December 31, 2023.
Key Points:
- BEIJING, March 27, 2024 /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 fourth quarter and full year ended December 31, 2023.
- Qiyu Wang, Chief Financial Officer of VNET, commented, "We delivered robust 2023 results through our strategic focus on high-quality revenues.
- Retail IDC MRR[2] per cabinet was RMB9,477 in the fourth quarter of 2023, compared with RMB9,495 in the third quarter of 2023 and RMB9,371 in the fourth quarter of 2022.
- GROSS PROFIT: Gross profit in the fourth quarter of 2023 was RMB290.9 million (US$41.0 million), compared with RMB328.4 million in the same period of 2022.
BEIJING, March 14, 2024 /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 fourth quarter and full year 2023 financial results on Wednesday, March 27, 2024, after the close of U.S. markets.
Key Points:
- BEIJING, March 14, 2024 /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 fourth quarter and full year 2023 financial results on Wednesday, March 27, 2024, after the close of U.S. markets.
- The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, March 27, 2024, or 9:00 AM Beijing Time on Thursday, March 28, 2024.
- For participants who wish to join the call, please access the link provided below to complete the online registration process and dial in 5 minutes prior to the scheduled call start time.
- Upon registration, each participant will receive a set of dial-in numbers by location, a personal PIN and an email with further detailed instructions, which will be used to join the conference call.
Retrieved on:
Monday, February 26, 2024
NEW YORK, Feb. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of VNET Group, Inc.
Key Points:
- NEW YORK, Feb. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of VNET Group, Inc.
Shareholders who purchased shares of VNET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
- DEADLINE: February 26, 2024 Shareholders should not delay in registering for this class action.
- The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.
- The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.
BEIJING, Feb. 5, 2024 /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 its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No.
Key Points:
- BEIJING, Feb. 5, 2024 /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 its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No.
- The repurchase right offer expired at 5:00 p.m. (New York City time) on Tuesday, January 30, 2024.
- Our successful completion of the convertible senior notes repurchase demonstrates our commitment to high-quality, long-term development as well as our strong strategic execution.
- We view the convertible senior notes repurchase as a pivotal step towards the Company's robust future and remain confident in VNET's value proposition and growth potential in the long run."
Retrieved on:
Wednesday, January 31, 2024
BEIJING, Jan. 31, 2024 /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 previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No.
Key Points:
- BEIJING, Jan. 31, 2024 /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 previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No.
- 90138V AB3) (the "Notes").
- The repurchase right offer expired at 5:00 p.m. (New York City time) on Tuesday, January 30, 2024.
- as the paying agent for the Notes, US$600,000,000 aggregate principal amount of the Notes were validly surrendered and not withdrawn prior to the expiration of the repurchase right offer.
Retrieved on:
Wednesday, January 10, 2024
BEIJING, Jan. 10, 2024 /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 its board of directors (the "Board") has appointed Mr. Jianbiao Zhu as an executive director of the Company to serve as the co-chairman of the Board alongside Mr. Josh Sheng Chen, effective January 10, 2024.
Key Points:
- BEIJING, Jan. 10, 2024 /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 its board of directors (the "Board") has appointed Mr. Jianbiao Zhu as an executive director of the Company to serve as the co-chairman of the Board alongside Mr. Josh Sheng Chen, effective January 10, 2024.
- Mr. Zhu brings extensive experience in private equity and secondary market investments as well as financial management to VNET's Board.
- He currently serves as an executive director, the vice chairman of the board of directors, the chairman of the strategic development committee, a member of the executive committee and the chief executive officer of Shandong High-Speed Holdings Group Limited (00412.HK).
- Mr. Josh Sheng Chen, Founder and executive Co-Chairman of VNET, stated, "On behalf of VNET, I am pleased to welcome Mr. Zhu as co-chairman of the Board.
BEIJING, Jan. 9, 2024 /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 January 9, 2024, in Beijing.
Key Points:
- BEIJING, Jan. 9, 2024 /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 January 9, 2024, in Beijing.
- The Company's shareholders adopted the following resolutions:
THAT the currently effective fourth amended and restated memorandum and articles of association of the Company be amended and restated by the deletion in their entirety and the substitution in their place of the fifth amended and restated memorandum and articles of association of the Company; 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.
