VNET Group, Inc. (NASDAQ:VNET) Q2 2025 Earnings Conference Call August 21, 2025 8:00 AM ET
Company Participants
Ju Ma – Rotating President & GM of AIDC Strategic Business Group
Qiyu Wang – Chief Financial Officer
Xinyuan Liu – Head of Director of Investor
Conference Call Participants
Andy Yu – DBS Bank Ltd., Research Division
Edison Lee – Jefferies LLC, Research Division
Huiqun Li – BofA Securities, Research Division
Timothy Zhao – Goldman Sachs Group, Inc., Research Division
Xinyi Wang – UBS Investment Bank, Research Division
Yue Tang – Morgan Stanley, Research Division
Operator
Hello, ladies and gentlemen. Thank you for standing by for the Second Quarter 2025 Earnings Conference Call for VNET Group, Inc. [Operator Instructions] Participants from our management include Mr. Ju Ma, Rotating President; Mr. Qiyu Wang, Chief Financial Officer; Ms. Xinyuan Liu, Head of Investor Relations of the company. Please note that today’s conference call is being recorded. I will now turn the call over to the first speaker today, Ms. Xinyuan Liu. Please go ahead.
Xinyuan Liu
Thank you, operator. Hello, everyone, and welcome to our second quarter 2025 earnings conference call. Our earnings release was distributed earlier today, and you can find a copy on our IR site as well as on Newswire services. Please note that today’s call will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. For detailed discussions of these risks and uncertainties, please refer to our latest annual report and other documents filed with the SEC.
VNET does not undertake any obligations to update any forward-looking statements, except as required under applicable laws. Please also note that VNET’s earnings press release and
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