Norges Bank discloses 5.9% Vnet Group (VNET) ownership in 13G/A

Rhea-AI Filing Summary

Norges Bank has disclosed a significant ownership position in Vnet Group Inc. As of December 31, 2025, Norges Bank beneficially owned 93,195,744 Class A shares, representing 5.9% of this share class, held in the form of 15,532,624 ADRs.

Norges Bank reports sole voting power over all 93,195,744 shares, with sole dispositive power over 46,560,210 shares and shared dispositive power over 46,635,534 shares. Certain shares are invested on behalf of the Government of Norway. The position is certified as being held in the ordinary course of business without the purpose of influencing control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Vnet Group Inc

(Name of Issuer)

Class A shares

(Title of Class of Securities)

90138A103

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 90138A103

1

Names of Reporting Persons

Norges Bank

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NORWAY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 93,195,744.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 46,560,210.00
8	Shared Dispositive Power 46,635,534.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

93,195,744.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

FI, OO

Comment for Type of Reporting Person: 93,195,744 class A shares held in the form of 15,532,624 ADRs

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Vnet Group Inc
(b)	Address of issuer's principal executive offices: GUANJIE BUILDING, SOUTHEAST 1ST FLOOR, 10# JIUXIANQIAO EAST ROAD, Beijing, China, 100016
Item 2.
(a)	Name of person filing: Norges Bank
(b)	Address or principal business office or, if none, residence: Bankplassen 2, PO Box 1179 Sentrum, Oslo, NO-0107, Oslo, Norway
(c)	Citizenship: Norway
(d)	Title of class of securities: Class A shares
(e)	CUSIP No.: 90138A103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Investment Adviser
Item 4.	Ownership
(a)	Amount beneficially owned: 93,195,744
(b)	Percent of class: 5.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 93,195,744
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 46,560,210
	(iv) Shared power to dispose or to direct the disposition of: 46,635,534
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain shares reported herein are invested on behalf of the Government of Norway.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. I also certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to the investment management division of Norges Bank, the central bank of Norway, is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Norges Bank

Signature:	Philippe Chiaroni
Name/Title:	Business and Regulatory Compliance
Date:	01/28/2026

FAQ

What stake does Norges Bank hold in Vnet Group Inc (VNET)?

Norges Bank beneficially owns 93,195,744 Class A shares of Vnet Group Inc, representing 5.9% of the class as of December 31, 2025. The shares are held in the form of 15,532,624 ADRs, according to the Schedule 13G/A filing.

What voting power does Norges Bank report over VNET Class A shares?

Norges Bank reports sole voting power over 93,195,744 Class A shares of Vnet Group Inc. It indicates no shared voting power, meaning all reported voting authority for these shares rests solely with Norges Bank under the terms described in the filing.

How are dispositive powers over VNET shares split for Norges Bank?

Norges Bank reports sole dispositive power over 46,560,210 shares and shared dispositive power over 46,635,534 shares of Vnet Group Inc Class A stock. This split reflects how authority to decide on selling or transferring the shares is allocated.

On whose behalf are some of the VNET shares held by Norges Bank?

The filing notes that certain shares are invested on behalf of the Government of Norway. Norges Bank explains that some securities reported in its 5.9% beneficial ownership position are held for this governmental client within its broader investment management activities.

Is Norges Bank seeking to influence control of Vnet Group Inc (VNET)?

Norges Bank certifies the VNET shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Vnet Group Inc, consistent with a passive investment reported on Schedule 13G/A.

What type of reporting person is Norges Bank in this VNET filing?

Norges Bank is identified as an "FI" type reporting person and classified as an Investment Adviser. It also certifies that its foreign regulatory scheme, as the central bank of Norway, is substantially comparable to equivalent U.S. institutional regulation.