SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Chen Sheng (Last) (First) (Middle) GUANJIE BUILDING SOUTHEAST 1ST FL 10# JIUXIANQIAO EAST ROAD, CHAOYANG DISTRICT (Street) BEIJING F4 100016 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 03/17/2026	3. Issuer Name and Ticker or Trading Symbol VNET Group, Inc. [ VNET ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) Other (specify below) Exec. Chairperson & Int. CEO	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	1,479,660	I	By Zentribe Capital (BVI) Limited(1)
Class A ordinary shares	33,628,927	I	By GenTao Capital Limited(1)
Class A ordinary shares	34,744,206	I	By Beacon Capital Group Inc.(1)
Class A ordinary shares	4	I	By Personal Group Limited(1)
Class B ordinary shares	19,670,117	I	By Fast Horse Technology Limited(1)
Class B ordinary shares	8,087,875	I	By Sunrise Corporate Holding Ltd.(1)
Class B ordinary shares	769,486	I	By Personal Group Limited(1)
Class C ordinary shares	60,000	I	By Personal Group Limited(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each of Zentribe Capital (BVI) Limited, GenTao Capital Limited, Beacon Capital Group Inc., Personal Group Limited, Fast Horse Technology Limited and Sunrise Corporate Holding Ltd. is solely owned by the reporting person.

	/s/ Sheng Chen	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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