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Stock impact report

VNET Group (VNET) Secures a 40MW wholesale Order Major Internet Company [Yahoo! Finance]

VNET Group, Inc. - American Depositary Shares (VNET) 
Last vnet group, inc. - american depositary shares earnings: 8/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.21vianet.com
Company Research Source: Yahoo! Finance
Group, Inc. (NASDAQ:VNET) announced securing a 40MW wholesale order from a major internet company for its new Gu'an IDC Campus near Beijing. Management noted that this order will be delivered in phases, supporting the customer's core business with premium data center services. The company will provide customized infrastructure to help the customer deploy domestic chips, which are key to China's technological growth. Moreover, it is also implementing advanced liquid cooling technology in this project, which improves heat management, reduces energy use, and boosts power efficiency beyond regional averages. The Gu'an IDC Campus is strategically located 51.4 kilometers south of Beijing in Hebei Province. This location allows VNET Group, Inc. (NASDAQ:VNET) to serve the overflowing demand for computing power from Beijing's internet firms. VNET Group, Inc. (NASDAQ:VNET) is a leading carrier-neutral and cloud-neutral internet data center service provider in China. While we acknowledge Show less Read more
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