VNET(US:VNET) Jin Rong Jie·2025-07-23 16:00Core Viewpoint - Century Internet (VNET) has shown a significant increase in stock price and is preparing to release its mid-year financial report for FY2025, indicating a focus on growth despite a decline in net profit [1][2]. Financial Performance - As of March 31, 2025, Century Internet reported total revenue of 2.246 billion RMB, representing a year-on-year growth of 18.34% [1]. - The net profit attributable to the parent company was -238 million RMB, reflecting a year-on-year decrease of 27.03% [1]. Business Operations - 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 cabinets in urban business operations [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-Macao, providing a robust digital infrastructure [2]. Strategic Partnerships - 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 [2].