Sean Shao Biography and Net Worth

Director of VNET Group

Mr. Sean Shao has served as our Director since August 2015. Mr. Shao also serves as independent director and chairman of the audit committee for UTStarcom Holdings Corp. (a company listed on Nasdaq, Nasdaq: UTSI) since October 2012. He served as chief financial officer and a board member of Trina Solar Limited from 2006 to 2008 and from 2015 to 2017, respectively. Mr. Shao was also an independent director and chairman of the audit committee of Luckin Coffee Inc. from May 2019 through July 2020 and was re-appointed as an independent director of Luckin Coffee Inc. in September 2020. He was also the chairman of a special committee of the board which investigated accounting improprieties at Luckin Coffee Inc during 2020. In addition, Mr. Shao served as chief financial officer of ChinaEdu Corporation and Watchdata Technologies Ltd from 2004 to 2006. Prior to that, Mr. Shao worked at Deloitte Touche Tohmatsu CPA Ltd. for approximately a decade. Mr. Shao received his master’s degree in healthcare administration from the University of California at Los Angeles in 1988 and his bachelor’s degree in arts from East China Normal University in 1982. Mr. Shao is a member of the American Institute of Certified Public Accountants.

What is Sean Shao's net worth?: The estimated net worth of Sean Shao is at least $10.15 million as of June 1st, 2026. Shao owns 983,820 shares of VNET Group stock worth more than $10,150,071 as of June 3rd. This net worth approximation does not reflect any other investments that Shao may own. Learn More about Sean Shao's net worth.
How do I contact Sean Shao?: The corporate mailing address for Shao and other VNET Group executives is Guanjie Building Southeast 1st Floor 10# Jiuxianqiao East Road, Beijing F4, 100016. VNET Group can also be reached via phone at 861084562121. Learn More on Sean Shao's contact information.
Has Sean Shao been buying or selling shares of VNET Group?: Over the course of the past ninety days, Sean Shao has sold $102,600.00 of VNET Group stock. Most recently, Sean Shao sold 60,000 shares of the business's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $1.71, for a transaction totalling $102,600.00. Following the completion of the sale, the director now directly owns 983,820 shares of the company's stock, valued at $1,682,332.20. Learn More on Sean Shao's trading history.
Who are VNET Group's active insiders?: VNET Group's insider roster includes David Chen (Director), and Sean Shao (Director). Learn More on VNET Group's active insiders.
Are insiders buying or selling shares of VNET Group?: In the last year, insiders at the information technology services provider sold shares 3 times. They sold a total of 152,616 shares worth more than $244,083.12. The most recent insider tranaction occured on June, 1st when Director Sean Shao sold 60,000 shares worth more than $102,600.00. Insiders at VNET Group own 12.1% of the company. Learn More about insider trades at VNET Group.
Information on this page was last updated on 6/1/2026.

Sean Shao Insider Trading History at VNET Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
6/1/2026	Sell	60,000	$1.71	$102,600.00	983,820

Sean Shao Buying and Selling Activity at VNET Group

VNET Group Company Overview

VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers' private networks by setting up connections through the public internet. The company also provides server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.

Today's Range

Now: $10.34

$10.21

$10.53

50 Day Range

MA: $9.13

$7.94

$11.28

2 Week Range

Now: $10.34

$5.31

$14.48

Volume

3,599,737 shs

Average Volume

7,430,550 shs

Market Capitalization

$2.80 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.25