21Vianet Group, Inc. Announces Changes to the Board of Directors
October 09 2017 - 8:00AM
21Vianet Group, Inc. (Nasdaq:VNET) ("21Vianet" or the "Company"), a
leading carrier-neutral Internet data center services provider in
China, today announced that Ms. Wei Yuan has resigned as a director
of the Company’s Board of Directors (the “Board”). The Board has
appointed Mr. Wenbin Chen as the new director to replace Ms. Yuan,
effective September 29, 2017.
Mr. Chen currently serves as the Chairman and
President of TusCity Group and Senior Vice President of
Tus-Holdings Co., Ltd. Prior to that, he served as the Chief Editor
of the People Rule of Law Magazine and as the Deputy
Secretary-General of the China Behavior Law Association from 2011
to 2014. Prior to that, he worked as the Head of Capital Operations
and Investor Relations at China Longyuan Power Group Co., Ltd and
as a Director of the Board at Hainan Pearl River Holdings Co., Ltd.
from 2008 to 2010. Prior to that, Mr. Chen was a division chief at
the National Audit Office of the People’s Republic of China from
2001 to 2008, and taught at Beijing University of Technology from
1993 to 2001. Mr. Chen received his bachelor’s degree in Philosophy
from Peking University and his Doctorate’s degree in Finance from
Dongbei University of Finance and Economics.
Mr. Josh Chen, 21Vianet’s Founder and Executive
Chairman, stated, "On behalf of the Board, we sincerely thank Wei
for her dedication and contributions to the Company. We wish her
the best in her future endeavors. We also look forward to working
with Wenbin who brings extensive experience in corporate management
and in the legal field. We believe he is a great addition to our
board of directors, and his appointment reflects our ongoing
commitment to strengthen our corporate governance practice.”
About 21Vianet
21Vianet Group, Inc. is a leading
carrier-neutral Internet data center services provider in China.
21Vianet provides hosting and related services, cloud services, and
business VPN services, improving the reliability, security and
speed of its customers' Internet infrastructure. Customers may
locate their servers and networking equipment in 21Vianet's data
centers and connect to China's Internet backbone through 21Vianet's
extensive fiber optic network. 21Vianet operates in more than 30
cities throughout China, servicing a diversified and loyal base of
more than 4,000 hosting enterprise customers that span numerous
industries ranging from Internet companies to government entities
and blue-chip enterprises to small- to mid-sized enterprises.
Safe Harbor Statement
This announcement contains forward-looking
statements. These forward-looking statements are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Among other things, quotations from management in this announcement
as well as 21Vianet's strategic and operational plans contain
forward-looking statements. 21Vianet may also make written or oral
forward-looking statements in its reports filed with, or furnished
to, the U.S. Securities and Exchange Commission, in its annual
reports to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about 21Vianet's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: 21Vianet's goals and strategies;
21Vianet's expansion plans; the expected growth of the data center
services market; expectations regarding demand for, and market
acceptance of, 21Vianet's services; 21Vianet's expectations
regarding keeping and strengthening its relationships with
customers; 21Vianet's plans to invest in research and development
to enhance its solution and service offerings; and general economic
and business conditions in the regions where 21Vianet provides
solutions and services. Further information regarding these and
other risks is included in 21Vianet's reports filed with, or
furnished to, the Securities and Exchange Commission. All
information provided in this press release and in the attachments
is as of the date of this press release, and 21Vianet undertakes no
duty to update such information, except as required under
applicable law.
Investor Relations Contacts:
21Vianet Group, Inc. Calvin Jiang +86 10 8456 2121
IR@21Vianet.com
ICR, Inc. Xueli Song +1 (646) 405-4922 IR@21Vianet.comSource:
21Vianet Group, Inc.
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