PJ Millennium Limited Partnership is reported as beneficially owning 11.4% of VNET Group, Inc., representing 195,127,260 Class A Ordinary Shares. The stake gives investors a defined ownership position to track, while the reporting persons say they presently have no plans or proposals for specified strategic or governance actions.

Key Highlights

  • VNET Group’s Class A Ordinary Shares carry a Par Value of US$0.00001 per share.
  • The reporting persons say they presently have no plans or proposals involving the specified actions under Schedule 13D.
  • The ownership position consists of 650,424,192 Class A Ordinary Shares.
  • The Share Purchase Agreement was signed on May 13, 2026.

Reported Share Position

The article describes an ownership position consisting of 650,424,192 Class A Ordinary Shares, connecting the reported position to the specific share count stated in the Share Purchase Agreement.

The stated share count is the central ownership detail in the article. It is presented alongside the terms and timing of the related agreement, while the reporting persons separately address whether they hold or control any additional Ordinary Shares.

Class A Ordinary Shares and Par Value

The shares covered by the ownership position are Class A Ordinary Shares. The article states that each Class A Ordinary Share has a par value of US$0.00001 per share, providing the stated share-class and par-value description without identifying any other share class.

This par-value information applies to the Class A Ordinary Shares described in the ownership position.

Agreement Signing Date

The related Share Purchase Agreement was signed on May 13, 2026. That date establishes when the agreement referenced in the article was signed and links the covered Class A Ordinary Shares to the agreement described in the ownership report.

The agreement is discussed together with a provision concerning a separate closing for all Seller B Shares. The article states that this separate closing could occur at the purchasers’ request, but only subject to the conditions stated in the agreement.

Separate Seller B Shares Closing

The agreement allows a separate closing for all Seller B Shares at the purchasers’ request. The article expressly qualifies that provision by stating that the separate closing remains subject to the agreement’s stated conditions.

The separate closing occurred on August 24, 2026. This is distinct from the May 13, 2026 signing date and is the specific date given for completion of the separate closing described in the article.

No Present Proposals

The reporting persons state that they presently have no plans or proposals related to the actions specified in the relevant Schedule 13D provisions. The statement addresses the specified actions referenced by those provisions and describes the reporting persons’ present position. Its wording is limited to the reporting persons’ present position, without adding a future timetable, further condition, or separate proposed action.

Other Shares and Voting Power

The ownership report states that the reporting persons beneficially own no other Ordinary Shares beyond those identified. The article also states that they have no current power over other Class A Ordinary Shares, limiting the reported position to the shares described.

Accordingly, the article distinguishes the identified ownership position from any additional Ordinary Shares or other Class A Ordinary Shares over which the reporting persons might have power. No additional holdings or current power are stated beyond the identified position.

Source(s)

  • https://www.sec.gov/Archives/edgar/data/1508475/000110465926102589/primary_doc.xml