VNET Group Inc (NASDAQ:VNET) Q3 2024 Results Conference Call November 20, 2024 8:00 PM ET

Company Participants

Xinyuan Liu - Director of Investor Relations
Gavin Shen - Rotating President
Qiyu Wang - Chief Financial Officer
Ju Ma - Executive Vice President
Xinyuan Liu - Investor Relations Director

Conference Call Participants

Sara Wang - UBS
Shuyun Che - CICC
Daley Li - Bank of America Securities
Tom Tang - Morgan Stanley
Edison Lee - Jefferies
Timothy Zhao - Goldman Sachs

Operator

Hello, ladies and gentlemen. Thank you for standing by for the Third Quarter 2024 Earnings Conference Call for VNET Group, Inc. [Operator Instructions]

Participants from our management include Mr. Gavin Shen, Rotating President; Mr. Qiyu Wang, Chief Financial Officer; Mr. Ju Ma, Executive Vice President; Mr. Qi Yang, Senior Vice President; Ms. Xinyuan Liu, Investor Relations Director of the company.

Please note that today's conference call is being recorded.

I would now like to turn the call over to the first speaker today, Ms. Xinyuan Liu. Please go ahead.

Xinyuan Liu

Thank you, operator. Hello, everyone, and welcome to our third quarter 2024 earnings conference call. Our earnings release was distributed earlier today, and you can find a copy on our IR website as well as our Newswire services.

Please note that today's call will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. For detailed discussions of these risks and uncertainties, please refer to our latest annual report and other documents filed with the SEC. VNET does not undertake any obligation to update any forward-looking statements, except as required under applicable laws.

Please also note that VNET's earnings press release and this conference call include the disclosure of unaudited GAAP and non-GAAP financial matters. VNET's earnings press release contains a reconciliation of the audited non-GAAP measures to the unaudited GAAP matters.

A summary presentation which we will refer to during this conference call, can be viewed and downloaded from our IR website at ir.vnet.com.

Next, I'd like to alert you that we will be utilizing text to speech technology powered by Newlink.ai to deliver this quarter's prepared remarks, like I mentioned, our Rotating President; and Qiyu Wang, our CFO. Gavin and Qiyu will join the Q&A session in person.