<SEC-DOCUMENT>0001104659-26-029050.txt : 20260317
<SEC-HEADER>0001104659-26-029050.hdr.sgml : 20260317
<ACCEPTANCE-DATETIME>20260317085708
ACCESSION NUMBER:		0001104659-26-029050
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260317
FILED AS OF DATE:		20260317
DATE AS OF CHANGE:		20260317

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ZHANG ZHIHUA
		CENTRAL INDEX KEY:			0002115285
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35126
		FILM NUMBER:		26759272

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		GUANJIE BUILDING SOUTHEAST 1ST FLOOR
		CITY:			BEIJING
		PROVINCE COUNTRY:   	F4
		ZIP:			00000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VNET Group, Inc.
		CENTRAL INDEX KEY:			0001508475
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000

	BUSINESS ADDRESS:	
		STREET 1:		GUANJIE BUILDING, SOUTHEAST 1ST FLOOR
		STREET 2:		10# JIUXIANQIAO EAST ROAD
		CITY:			Beijing
		STATE:			F4
		ZIP:			100016
		BUSINESS PHONE:		(86 10) 8456-2121

	MAIL ADDRESS:	
		STREET 1:		GUANJIE BUILDING, SOUTHEAST 1ST FLOOR
		STREET 2:		10# JIUXIANQIAO EAST ROAD
		CITY:			Beijing
		STATE:			F4
		ZIP:			100016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	21Vianet Group, Inc.
		DATE OF NAME CHANGE:	20110406

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	21 Vianet Group, Inc.
		DATE OF NAME CHANGE:	20101221
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>tm268656-1_3seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-17</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001508475</issuerCik>
        <issuerName>VNET Group, Inc.</issuerName>
        <issuerTradingSymbol>VNET</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002115285</rptOwnerCik>
            <rptOwnerName>ZHANG ZHIHUA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>GUANJIE BUILDING, SOUTHEAST 1ST FL 10#</rptOwnerStreet1>
            <rptOwnerStreet2>JIUXIANQIAO EAST ROAD, CHAOYANG DISTRICT</rptOwnerStreet2>
            <rptOwnerCity>BEIJING</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode>100016</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>SVP, Operational Finance</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Share Units (RSUs)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A ordinary shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>158400</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents RSUs granted to the reporting person pursuant to the issuer's share incentive plans, of which 79,200 RSUs will vest on October 31, 2026 and the remaining 79,200 RSUs will vest on October 31, 2027. Each RSU represents the contingent right to receive one (1) Class A ordinary share of the issuer upon vesting.</footnote>
        <footnote id="F2">These RSUs do not have an expiration date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Zhihua Zhang</signatureName>
        <signatureDate>2026-03-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
