VNET Group Inc. recently held its First Quarter 2025 Earnings Conference Call, as outlined in their published transcript. The event took place on May 28, 2025, and included key participants such as Mr. Ju Ma, the Rotating President, Mr. Qiyu Wang, Chief Financial Officer, and Ms. Xinyuan Liu, Head of Investor Relations. Analysts from major financial institutions like Morgan Stanley, Jefferies, Bank of America Securities, Citi, and UBS also participated in the call. During the call, the management team discussed VNET's financial performance, highlighting both GAAP and non-GAAP financial measures. A reconciliation of these measures can be found in their earnings press release. The call also featured prepared remarks delivered through text-to-speech technology, powered by Neolink.ai, with the management team joining live for the Q&A session. Xinyuan Liu opened the call, stating, "Our earnings release was distributed earlier today, and you can find a copy on our IR website, as well as on newswire services." The management emphasized the forward-looking nature of the discussion, cautioning that actual results may differ due to risks and uncertainties. The full transcript can be accessed through the link below.