BEIJING, Aug. 18, 2026 /PRNewswire/ -- VNET Group, Inc. (NASDAQ:VNET) (&#34;VNET&#34; or the &#34;Company&#34;), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">BEIJING</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 18, 2026</span> /PRNewswire/ -- VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/VNET">VNET</a>) (&#34;VNET&#34; or the &#34;Company&#34;), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it has entered into a strategic cooperation agreement (the &#34;Strategic Cooperation Agreement&#34;) with Contemporary Amperex Technology Co., Limited (stock codes: 300750.SZ and 03750.HK) (&#34;CATL&#34;), a global leader in zero-carbon new energy technology.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Under the Strategic Cooperation Agreement, VNET and CATL will establish a partnership to deepen compute-energy integration by synergistically combining VNET&#39;s leadership in large‑scale computing infrastructure development and operations with CATL&#39;s expertise in zero‑carbon new energy technologies. With the goal of shaping next generation digital energy infrastructure globally, and leveraging green DC and direct green power connection technologies, the parties plan to jointly develop a three‑layer integrated compute-energy ecosystem comprising gigawatt‑scale compute-energy facilities, distributed compute-energy networks, and a zero‑carbon <span xmlns="http://www.w3.org/1999/xhtml">token</span> ecosystem.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;We are delighted to establish this strategic partnership with CATL,&#34; said Mr. Josh Sheng Chen, Founder, Executive Chairperson of VNET. &#34;By combining our complementary strengths and deepening cooperation across technology, infrastructure and supply chains, we will jointly advance innovation in integrated compute-energy systems. Together, we aim to contribute to the next generation of digital energy infrastructure in the intelligent era.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About</b> <b xmlns="http://www.w3.org/1999/xhtml">VNET</b></p><p xmlns="http://www.w3.org/1999/xhtml">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&#39; internet infrastructure. Customers may locate their servers and equipment in VNET&#39;s data centers and connect to China&#39;s internet backbone. VNET operates in more than 30 cities throughout China, servicing a diversified and loyal base of over 7,000 hosting and related enterprise customers that span numerous industries ranging from internet companies and government entities to blue-chip enterprises and small- to mid-sized enterprises.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Safe Harbor Statement</b></p><p xmlns="http://www.w3.org/1999/xhtml">This announcement contains forward-looking statements. These forward-looking statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;target,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements. Among other things, quotations from management in this announcement as well as VNET&#39;s 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 VNET&#39;s 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: the implementation of the contemplated cooperation under the Strategic Cooperation Agreement; the negotiation and execution of definitive agreements for specific cooperation projects; the timing, scope and anticipated benefits of such cooperation; VNET&#39;s goals and strategies; VNET&#39;s liquidity conditions; VNET&#39;s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, VNET&#39;s services; VNET&#39;s expectations regarding keeping and strengthening its relationships with customers; VNET&#39;s plans to invest in research and development to enhance its solutions 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 VNET&#39;s reports filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and VNET undertakes no duty to update such information, except as required under applicable law.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Investor Relations Contact:</b></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" id="spanHghltcd18">VNET IR Team</span><br xmlns="http://www.w3.org/1999/xhtml"></br>Tel: +86 10 8456 2121<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ir@vnet.com" target="_blank" rel="nofollow">ir@vnet.com</a></p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN28326&amp;sd=2026-08-18"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/vnet-announces-strategic-cooperation-with-catl-302853932.html" target="_blank">https://www.prnewswire.com/news-releases/vnet-announces-strategic-cooperation-with-catl-302853932.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE VNET Group, Inc.</p>

VNET

VNET Announces Strategic Cooperation with CATL

VNET and CATL sign strategic cooperation to build green compute-energy platform

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>BEIJING, Aug. 18, 2026 /PRNewswire/ -- VNET Group, Inc. (NASDAQ:VNET) (&amp;#34;VNET&amp;#34; or the &amp;#34;Company&amp;#34;), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>VNET Group announced a strategic cooperation with CATL to develop a three-layer compute-energy ecosystem, combining VNET&#039;s data-center scale with CATL&#039;s zero-carbon energy tech. The plan targets gigawatt-scale facilities, distributed networks, and a zero-carbon token ecosystem, signaling a long-term collaboration with potential revenue diversification. If successful, the partnership could broaden VNET&#039;s growth beyond traditional IDC services.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>VNET and CATL sign strategic cooperation to deepen compute-energy integration.</li><li>Three-layer ecosystem planned: gigawatt-scale facilities, distributed networks, zero-carbon token.</li><li>Partnership aims to shape global digital energy infrastructure in the intelligent era.</li><li>VNET cites leadership in large-scale computing; CATL adds zero-carbon energy tech.</li><li>Forward-looking statements indicate risks from cooperation execution and timing.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>VNET Group, Inc. (VNET)</strong>: Strategic cooperation with CATL could broaden growth beyond traditional IDC services; market reaction may depend on execution.</li><li><strong>Contemporary Amperex Technology Co., Limited (CATL) (300750.SZ/03750.HK)</strong>: Global leader in zero-carbon energy tech; partnership could unlock demand for VNET&#039;s infrastructure and green energy interfaces.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The PR outlines a strategic partnership, a classic corporate development that may influence VNET&#039;s long-term growth trajectory if the collaboration translates into scalable projects.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Strategic cooperation with CATL could expand VNET&#039;s project pipeline in green data-center infra.</li><li>CATL&#039;s zero-carbon energy leadership may attract enterprise and government demand.</li><li>No immediate revenue figures; material impact depends on definitive agreements and execution.</li><li>Stock reaction may hinge on visibility of CATL involvement and regulatory approvals.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of announcement: August 18, 2026.</li><li>Parties: VNET Group, Inc. (NASDAQ: VNET) and CATL (300750.SZ; 03750.HK).</li><li>Strategic Cooperation Agreement for a three-layer compute-energy ecosystem.</li><li>Ecosystem components: gigawatt-scale facilities, distributed compute-energy networks, zero-carbon token ecosystem.</li><li>VNET operates in more than 30 cities in China and serves over 7,000 hosting and related enterprise customers.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Long-term bullish; upside potential as compute-energy collaboration matures over 6–12 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">BEIJING</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 18, 2026</span> /PRNewswire/ -- VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/VNET">VNET</a>) (&#34;VNET&#34; or the &#34;Company&#34;), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it has entered into a strategic cooperation agreement (the &#34;Strategic Cooperation Agreement&#34;) with Contemporary Amperex Technology Co., Limited (stock codes: 300750.SZ and 03750.HK) (&#34;CATL&#34;), a global leader in zero-carbon new energy technology.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Under the Strategic Cooperation Agreement, VNET and CATL will establish a partnership to deepen compute-energy integration by synergistically combining VNET&#39;s leadership in large‑scale computing infrastructure development and operations with CATL&#39;s expertise in zero‑carbon new energy technologies. With the goal of shaping next generation digital energy infrastructure globally, and leveraging green DC and direct green power connection technologies, the parties plan to jointly develop a three‑layer integrated compute-energy ecosystem comprising gigawatt‑scale compute-energy facilities, distributed compute-energy networks, and a zero‑carbon <span xmlns="http://www.w3.org/1999/xhtml">token</span> ecosystem.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;We are delighted to establish this strategic partnership with CATL,&#34; said Mr. Josh Sheng Chen, Founder, Executive Chairperson of VNET. &#34;By combining our complementary strengths and deepening cooperation across technology, infrastructure and supply chains, we will jointly advance innovation in integrated compute-energy systems. Together, we aim to contribute to the next generation of digital energy infrastructure in the intelligent era.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About</b> <b xmlns="http://www.w3.org/1999/xhtml">VNET</b></p><p xmlns="http://www.w3.org/1999/xhtml">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&#39; internet infrastructure. Customers may locate their servers and equipment in VNET&#39;s data centers and connect to China&#39;s internet backbone. VNET operates in more than 30 cities throughout China, servicing a diversified and loyal base of over 7,000 hosting and related enterprise customers that span numerous industries ranging from internet companies and government entities to blue-chip enterprises and small- to mid-sized enterprises.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Safe Harbor Statement</b></p><p xmlns="http://www.w3.org/1999/xhtml">This announcement contains forward-looking statements. These forward-looking statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;target,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements. Among other things, quotations from management in this announcement as well as VNET&#39;s 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 VNET&#39;s 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: the implementation of the contemplated cooperation under the Strategic Cooperation Agreement; the negotiation and execution of definitive agreements for specific cooperation projects; the timing, scope and anticipated benefits of such cooperation; VNET&#39;s goals and strategies; VNET&#39;s liquidity conditions; VNET&#39;s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, VNET&#39;s services; VNET&#39;s expectations regarding keeping and strengthening its relationships with customers; VNET&#39;s plans to invest in research and development to enhance its solutions 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 VNET&#39;s reports filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and VNET undertakes no duty to update such information, except as required under applicable law.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Investor Relations Contact:</b></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" id="spanHghltcd18">VNET IR Team</span><br xmlns="http://www.w3.org/1999/xhtml"></br>Tel: +86 10 8456 2121<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ir@vnet.com" target="_blank" rel="nofollow">ir@vnet.com</a></p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN28326&amp;sd=2026-08-18"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/vnet-announces-strategic-cooperation-with-catl-302853932.html" target="_blank">https://www.prnewswire.com/news-releases/vnet-announces-strategic-cooperation-with-catl-302853932.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE VNET Group, Inc.</p>

VNET Group announced a strategic cooperation with CATL to develop a three-layer compute-energy ecosystem, combining VNET's data-center scale with CATL's zero-carbon energy tech. The plan targets gigawatt-scale facilities, distributed networks, and a zero-carbon token ecosystem, signaling a long-term collaboration with potential revenue diversification. If successful, the partnership could broaden VNET's growth beyond traditional IDC services.

News insight

VNET Announces Strategic Cooperation with CATL

AI summary

Sentiment rationale

Key facts

Corporate Developments