VNET strategic investors lift stake to 38.1% after share purchase closes

Bitget2026/09/21 10:00

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PJ Millennium I Limited, PJ Millennium II Limited closed the purchase of 650,424,192 Class A ordinary shares from Success Flow, Choice Faith.
Buyers now hold about 38.1% of total issued and outstanding ordinary shares, based on 1,708,970,760 shares outstanding as of June 30, 2026.
Both buyers are wholly owned subsidiaries of PJ Millennium Limited Partnership, whose general partner is controlled by Lochpine Capital.
Investor rights agreement became effective alongside a voting and consortium agreement involving Josh Sheng Chen and affiliated investment vehicles.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VNET Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609210600PR_NEWS_USPR_____CN52328) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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VNET strategic investors lift stake to 38.1% after share purchase closes

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