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VNET Announces Closing of Previously Announced Strategic Investment

VNET Announces Closing of Previously Announced Strategic Investment

BEIJING, Sept. 21, 2026 /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 closing of the previously announced purchase by PJ Millennium I Limited (“Buyer I”) and PJ Millennium II Limited (“Buyer II,” and together with Buyer I, the “Buyers”) of an aggregate of 650,424,192 Class A ordinary shares of the Company (the “Transaction”) from Success Flow International Investment Limited (“Success Flow”) and Choice Faith Group Holdings Limited (“Choice Faith,” and together with Success Flow, the “Sellers”).

Both Buyers are wholly owned subsidiaries of PJ Millennium Limited Partnership (“PJ…

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