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21Vianet Looks for New Chapter With Name Change

Shareholders approve VNET Group as company’s new name, marking latest adjustment in year of change for data center laggard

This article only represents the author's own views.

With all the turbulence in U.S.-China relations, 2021 could well go down as the year of the name change for U.S.-listed Chinese companies.

Data center stalwart 21Vianet Group Inc. (VNET.US) has become the latest Chinese company to jump on the name-changing bandwagon, with its announcement that shareholders approved the renaming of the company as VNET Group Inc. at a special meeting in Beijing last Friday. It first announced the plan with the release of its latest quarterly results on Aug. 24.

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