VNET Group has appointed Peter Zhihua Zhang as Senior Vice President, Operational Finance, effective immediately, strengthening the company’s finance leadership as it continues to expand its carrier- and cloud-neutral internet data center services across China.
In his new role, Zhang will oversee the company’s financial operations and is authorized to review and approve VNET’s financial statements and related filings for SEC and Nasdaq compliance purposes. He will also serve as the company’s principal accounting officer in accordance with applicable U.S. federal securities laws, SEC rules, and Nasdaq requirements.
Zhang joined VNET in October 2019 and has overseen accounting, taxation, and compliance functions. He has played a central role in establishing financial systems for multiple business units, supporting operational compliance and steady growth. He also leads the company’s domestic debt financing initiatives and its strategic partnership with Microsoft.
Prior to joining VNET, Zhang served as chief financial officer at a TMT enterprise and as finance director at Anta Group. He also held key finance roles at Lenovo and TDK. Zhang is a Certified Management Accountant (CMA, USA) and holds a bachelor’s degree in accounting from Jilin University and an MBA from Renmin University of China.
VNET operates in more than 30 cities across China and serves over 7,000 hosting and enterprise customers spanning internet companies, government entities, blue-chip enterprises, and small- to mid-sized businesses. The company provides IDC, cloud, and business VPN services designed to improve the reliability, security, and speed of customers’ internet infrastructure.
KEY QUOTES
“We are delighted to welcome Peter to the operational finance leadership team. As a homegrown talent who has grown and developed through multiple key positions across our finance operations, Peter embodies our strong culture of nurturing internal leaders. His deep financial management expertise and extensive institutional knowledge will further strengthen our strategic execution, supporting sustainable growth and long-term value creation.”
Josh Sheng Chen, Founder, Executive Chairperson And Interim Chief Executive Officer, VNET Group
