The independent financial analyst theScreener just lowered the general evaluation of VNET GROUP INCO. (US), active in the Mobile Telecommunications industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date February 18, 2022, the closing price was USD 7.52 and it...
VNET Announces US$250 Million Investment from Blackstone BEIJING, Jan. 28, 2022 (GLOBE NEWSWIRE) -- 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 funds managed by Blackstone Tactical Opportunities (NYSE: BX) (“Blackstone”), the world’s largest alternative investment firm, have agreed to make an investment in VNET by purchasing US$250 million of convertible notes (the “Notes”). The Notes have a term of five years and carry interest at 2% per annum. Josh Chen, Founder and...
VNET Announces Joint Venture with a Sovereign Wealth Fund to Develop and Operate Build-to-Suit Hyperscale Data Centers in China BEIJING, Dec. 13, 2021 (GLOBE NEWSWIRE) -- 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 signed a master joint venture investment agreement (the "Master Agreement") with a sovereign wealth fund (the "Partner") to form joint ventures (the "JVs") to pursue development and investment opportunities in multiple build-to-suit hyperscale data ce...
VNET Reports Unaudited Third Quarter 2021 Financial Results BEIJING, Nov. 18, 2021 (GLOBE NEWSWIRE) -- 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 third quarter ended September 30, 2021. The Company will hold a conference call at 8 P.M. on November 18, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release. Third Quarter 2021 Financial Highlights Net revenues in the third qu...
VNET to Announce Unaudited Third Quarter 2021 Financial Results on November 18, 2021 BEIJING, Nov. 05, 2021 (GLOBE NEWSWIRE) -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced that it plans to release its third quarter 2021 financial results on Thursday, November 18, 2021, after the market closes. The Company will hold a conference call at 8:00 P.M. on Thursday, November 18, 2021, U.S. Eastern Time, or 9:00 A.M. on Friday, November 19, 2021, Beijing Time, to discuss the financial...
VNET Announces Proposed Offering of Senior Notes BEIJING, Oct. 29, 2021 (GLOBE NEWSWIRE) -- VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced a proposed offering (the “Notes Offering”) of U.S. Dollars denominated senior notes (the “Notes”) subject to market conditions and other factors. The Company plans to use the net proceeds from the Notes Offering for funding future capital needs and general corporate purposes. The Notes are expected to be rated B2 by Moody’s and B by S&P. Cit...
21Vianet Announces Results of 2021 Extraordinary General Meeting BEIJING, Oct. 08, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (“VNET” or the “Company”) (Nasdaq: VNET), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced the results of its 2021 Extraordinary General Meeting which was held on October 8, 2021 in Beijing, where it adopted a special resolution to approve the change of the Company’s name to “VNET Group, Inc.”, effective immediately. About VNET VNET Group, Inc. is a leading carrier- and cloud-neutral Internet data center ser...
21Vianet Wins 5A Green Data Center Ratings and Further Promotes Carbon Reduction BEIJING, Sept. 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that its Boxing data center in Beijing and Nantong data center in Jiangsu province were awarded as the 5A Green Data Centers for their operations, which is the highest rating of data centers in China, at the 2021 Open Data Center Summit hosted by the Open Data Center Committee (ODCC) on September 15...
21Vianet Announces Change in Leadership Team BEIJING, Sept. 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that Mr. Chunfeng Cai, the Company’s Chief Operating Officer (“COO”), has decided to resign from his current post and leave the Company due to personal reasons, effective on October 1, 2021. Samuel Shen, the Company’s Chief Executive Officer, stated: “The company and I would like to thank Chunfeng for his contributions over the past f...
21Vianet Group, Inc. Reports Unaudited Second Quarter 2021 Financial Results BEIJING, Aug. 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. The Company will hold a conference call at 8:00 P.M. on Tuesday, August 24, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release. Second Quarter 2021 Financial Highli...
21Vianet Group, Inc. to Announce Unaudited Second Quarter 2021 Financial Results BEIJING, Aug. 12, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it plans to release its second quarter 2021 financial results on Tuesday, August 24, 2021, after the market closes. The Company will hold a conference call at 8:00 P.M. on Tuesday, August 24, 2021, U.S. Eastern Time, or 8:00 A.M. on Wednesday, August 25, 2021, Beijing Time, to discuss the financi...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
21Vianet’s Founder and Executive Chairman to Expand Ownership in 21Vianet BEIJING, Aug. 06, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that Mr. Josh Sheng Chen, the Company’s Founder and Executive Chairman of the Board, has informed the Company that Beacon Capital Group Inc., a company controlled by Mr. Chen, has entered into agreements with Tuspark Innovation Venture Limited (“Tuspark”), pursuant to which Beacon Capital Group Inc. will pur...
21Vianet Group, Inc. Reports Unaudited First Quarter 2021 Financial Results BEIJING, May 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. The Company will hold a conference call at 8:00 P.M. on Tuesday, May 25, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release. First Quarter 2021 Financial Highligh...
21Vianet Group, Inc. to Announce Unaudited First Quarter 2021 Financial Results BEIJING, May 14, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it plans to release its first quarter 2021 financial results on Tuesday, May 25, 2021, after the market closes. The Company will hold a conference call at 8:00 P.M. on Tuesday, May 25, 2021, U.S. Eastern Time, or 8:00 A.M. on Wednesday, May 26, 2021, Beijing Time, to discuss the financial results. ...
21Vianet Group, Inc. Filed Its Annual Report on Form 20-F BEIJING, April 29, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it has filed its annual report containing its audited consolidated financial statements on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on April 28, 2021 Eastern Time. The annual report can be accessed on 21Vianet's investor relations website at . The Company will p...
21Vianet Names Tim Chen as Chief Financial Officer BEIJING, April 29, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, announced today that Mr. Tim Chen, Chief Strategy Officer, will assume the role of Chief Financial Officer. Mr. Chen will succeed Ms. Sharon Xiao Liu, who will step down as the Company’s Chief Financial Officer and serve as an advisor to the Company before leaving the Company in June 2021. The Company also celebrated its 25th year anniversary a...
21Vianet Announces Signing of Definitive Agreement to Repurchase Approximately US$260 million of Class B Ordinary Shares from Tuspark BEIJING, March 24, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced that it has entered into a share purchase agreement with Tuspark Innovation Venture Limited (“Tuspark”), pursuant to which 21Vianet will purchase from Tuspark 48,634,493 Class B ordinary shares of the Company for an aggregate purchase price of approx...
21Vianet Group, Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results BEIJING, March 23, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" 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 ended December 31, 2020. The Company will hold a conference call at 8:30 P.M. on Tuesday, March 23, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release. Fourth Quarter 202...
21Vianet Group, Inc. to Announce Unaudited Fourth Quarter and Full Year 2020 Financial Results BEIJING, March 02, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it plans to release its fourth quarter and full year 2020 financial results on Tuesday, March 23, 2021, after the market closes. The Company will hold a conference call at 8:30 P.M. on Tuesday, March 23, 2021, U.S. Eastern Time, or 8:30 A.M. on Wednesday, March 24, 2021, Beijing Ti...
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