VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it has repurchased approximately US$75.3 million in aggregate principal amount of its outstanding US$250.0 million 2.00% Convertible Senior Notes due 2027 (the "Notes"), representing approximately 30% of the outstanding Notes. The repurchases were effected through privately negotiated transactions for an aggregate cash consideration (including accrued interest) of approximately US$80.0 million (the "Repurchases"). 

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