GlobeNewswire Inc | Oct 8, 2021 04:00AM EDT

October 08, 2021

BEIJING, Oct. 08, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (VNET or the Company) (Nasdaq: VNET), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced the results of its 2021 Extraordinary General Meeting which was held on October 8, 2021 in Beijing, where it adopted a special resolution to approve the change of the Companys name to VNET Group, Inc., effective immediately.

About VNET

VNET Group, Inc. is a leading carrier- and cloud-neutral Internet data center services provider in China. VNET provides hosting and related services, including IDC services, cloud services, and business VPN services to improve the reliability, security and speed of its customers' Internet infrastructure. Customers may locate their servers and equipment in VNET's data centers and connect to China's Internet backbone. VNET operates in more than 20 cities throughout China, servicing a diversified and loyal base of over 6,000 hosting and related enterprise customers that span numerous industries ranging from Internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, target, believes, estimates and similar statements. Among other things, quotations from management in this announcement as well as VNETs strategic and operational plans contain forward-looking statements. VNET may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about VNETs beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: VNETs goals and strategies; VNETs expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, VNETs services; VNETs expectations regarding keeping and strengthening its relationships with customers; VNETs plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where VNET provides solutions and services. Further information regarding these and other risks is included in VNETs reports filed with, or furnished to, the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and VNET undertakes no duty to update such information, except as required under applicable law.

Investor Relations Contacts:

Xinyuan Liu+86 10 8456 2121IR@21Vianet.com

Julia Jiang+86 10 8456 2121IR@21Vianet.com