VNET Wins 40MW Wholesale Order from Leading Internet Company for Its New Strategic IDC Campus
VNET Group, Inc. - American Depositary Shares (VNET)
Last vnet group, inc. - american depositary shares earnings: 8/19 04:30 pm
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Source: PR Newswire
BEIJING, Sept. 11, 2025 /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 the Company has secured a 40MW wholesale order from a leading internet company for its new Gu'an IDC Campus, strategically located in the Greater Beijing Area. VNET will deliver the order capacity in phases, supporting the customer's core business with premium IDC services."This order underscores our strong execution and ability to attract leading customers in a competitive market," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "To fulfill this customer's specific needs, we will provide reliable, customized services that enable the customer to deploy domestic chips for its core business. As demand for enhanced computing capabilities increases, the domestic chip sector serves as a crucial future growth engine for our IDC business. A
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VNET
News
- VNET Group (NASDAQ:VNET) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- VNET Group (NASDAQ:VNET) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- DBS Reaffirms Buy Rating on VNET (VNET), Sets $12.50 Price Target [Yahoo! Finance]Yahoo! Finance
- Why VNET Group (VNET) Is Down 6.3% After Raising Revenue Outlook Amid Net Loss and AI Demand Surge [Yahoo! Finance]Yahoo! Finance
- VNET Group Inc (VNET) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
VNET
Earnings
- 11/20/25 - Miss
VNET
Sec Filings
- 11/24/25 - Form 144
- 11/20/25 - Form 6-K
- 10/29/25 - Form SCHEDULE
- VNET's page on the SEC website