VNET - VNET Group Inc Stock Price & Dividend Safety Sector: Technology | Exchange: NASDAQ Global Select Current Price & Safety Score Price: 3.72 USD StockBonds Safety Grade: C+ Altman Z-Score (Bankruptcy Risk): 0.01 StockBond Score: -6.51 Company Description VNET Group Inc operates as an investment holding company delivering a comprehensive suite of hosting and digital infrastructure services throughout China Its core offerings encompass managed hosting featuring services such as colocation where clients can house their servers and networking equipment within dedicated data center space or by leasing partial or entire cabinets This is complemented by server administration and interconnectivity solutions Beyond these fundamental services VNET provides an array of valueadded options including hybrid IT integration bare metal server provisions robust firewall protection server load balancing advanced data backup and recovery as well as extensive data center and server management services The company also offers cloud computing services enabling customers to deploy and run applications over the internet utilizing VNETs IT infrastructure alongside secure VPN services to extend private networks via public internet connections Operational support from VNET includes operating system maintenance and updates continuous server monitoring backup and restoration capabilities server security evaluations and disaster recovery planning Furthermore the company possesses expertise in data center development offering services from site selection and planning to the design and construction of both wholesale and retail facilities VNET caters to a broad and diverse clientele spanning sectors such as information technology and cloud services telecommunications carriers social networking platforms gaming and entertainment industries ecommerce businesses automotive companies financial services institutions government agencies bluechip enterprises smalltomidsized businesses and even individual users As of December 31 2021 VNET boasted significant operational scale managing 78540 cabinets across 40 proprietary data centers and 64 facilities operated in partnership Established in 1999 and headquartered in Beijing Peoples Republic of China the company was previously known as 21Vianet Group Inc before officially rebranding to VNET Group Inc in October 2021