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VNET Group, Inc. (VNET)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.6900-0.1100 (-3.93%)
As of 03:39PM EST. Market open.

VNET Group, Inc.

Guanjie Building
Southeast 1st Floor 10# Jiuxianqiao East Road Chaoyang District
Beijing 100016
86 10 8456 2121

IndustryInformation Technology Services
Full Time Employees3,293

Key Executives

NameTitlePayExercisedYear Born
Mr. Sheng ChenCo-Founder & Executive ChairmanN/AN/A1969
Mr. Jie DongChief Executive OfficerN/AN/A1978
Mr. Qiyu WangChief Financial OfficerN/AN/AN/A
Xinyuan LiuDirector of Investor RelationsN/AN/AN/A
Mr. Wing-Dar KerSenior Vice PresidentN/AN/A1961
Mr. Shiqi WangRotating CEO Member of 21Vianet Group & CEO of Wholesale IDC Business GroupN/AN/A1976
Mr. Chenggang ShenSenior VP and GM of East & South China BusinessN/AN/A1982
Mr. Liang ZhaoSenior VP and GM of North China BusinessN/AN/A1976
Mr. Qihang LiuSenior VP & CEO of VNET Blue CloudN/AN/A1972
Mr. Tim ChenChief Strategy OfficerN/AN/A1975
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of 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; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; 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. The company also provides server administration services, such as 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 1999 and is headquartered in Beijing, the People's Republic of China.

Corporate Governance

VNET Group, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.