VNET(US:VNET) Jin Rong Jie·2025-06-09 13:50Group 1 - The core viewpoint of the article highlights Century Internet's (VNET) financial performance and its position as a leading digital infrastructure provider in China, with a focus on its growth in revenue and operational capacity [1][2] - As of March 31, 2025, Century Internet reported total revenue of 2.246 billion RMB, representing a year-on-year growth of 18.34%, while its net profit attributable to shareholders decreased by 27.03% to -238 million RMB [1] - Century Internet operates over 50 data centers across more than 30 cities in China, with a base business operational capacity exceeding 480 MW and over 52,000 operational cabinets in urban areas [2] Group 2 - The company has established large-scale data center industry clusters in key regions such as Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macau, providing a robust digital infrastructure that supports business operations in first-tier cities and facilitates smooth data migration to edge cities [2] - As a strategic partner of Microsoft, Century Internet operates international standard cloud services including Microsoft Azure, Microsoft 365, Dynamics 365, and Power Platform in China [2] - The company has built a solid foundation for business development for over 6,000 high-quality enterprise clients, including nearly 100 leading companies in high-growth industries, leveraging its strong resources, technological innovation, and operational capabilities [2]