VNET Appoints New Officer to Finance Leadership Team

Core Viewpoint - VNET Group, Inc. has appointed Mr. Peter Zhihua Zhang as Senior Vice President of Operational Finance, aiming to enhance its financial operations and compliance [1] Group 1: Appointment Details - Mr. Peter Zhihua Zhang will oversee the Company's financial operations and is authorized to review and approve financial statements for SEC and Nasdaq compliance [1] - Mr. Zhang will also serve as the principal accounting officer in accordance with U.S. federal securities laws and SEC rules [1] - The appointment is effective immediately, reflecting the Company's commitment to internal leadership development [1] Group 2: Background of Mr. Zhang - Mr. Zhang has extensive experience in finance, having joined VNET in October 2019 to manage accounting, taxation, and compliance functions [1] - He has played a significant role in establishing financial systems for various business units and leads domestic debt financing initiatives [1] - Prior to VNET, Mr. Zhang held key finance roles at notable companies including Anta Group, Lenovo, and TDK [1] Group 3: Company Overview - VNET Group, Inc. is a leading carrier- and cloud-neutral internet data center services provider in China, offering hosting, cloud, and business VPN services [1] - The Company operates in over 30 cities in China, serving a diverse customer base of over 7,000 enterprise clients across various industries [1]