GDS Holdings Ltd

GDS Holdings Limited announced the successful conclusion of its 2026 Annual General Meeting (AGM), where all submitted resolutions were approved by shareholders. Key resolutions included the re-election of Mr. Gary J. Wojtaszek and Ms. Hua (Kathy) Chen, and the election of Mr. David Zhang as a new director. The company also confirmed KPMG Huazhen LLP as its independent auditor for 2026 and extended its 2016 Equity Incentive Plan for three years. Additionally, Mr. Satoshi Okada stepped down from the Board after 12 years of service.

GDS Holdings Limited announced its 2026 Annual General Meeting (AGM) will take place on June 25, 2026, at 4:00 p.m. China Standard Time in Shanghai. Shareholders of record as of June 4, 2026, will be eligible to receive notice of and vote at the meeting. The company also confirmed the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the SEC, and its annual report for Hong Kong purposes, both of which are accessible online.

GDS Holdings announced the resignation of Mr. Lim Ah Doo as an independent director and Chairman of the Audit Committee, effective May 20, 2026, due to personal reasons. Mr. Lim served the company for 11 years. The Board has appointed Ms. Hua (Kathy) Chen to succeed him in both roles. Ms. Chen brings over 30 years of extensive financial and operational experience, including her current role as Managing Partner and CFO at SB China Venture Capital, and previous roles at Credit Suisse, Arthur Andersen, and Ernst & Young.

GDS Holdings announced the resignation of Mr. Lim Ah Doo as an independent director and Chairman of the Audit Committee, effective May 20, 2026, due to personal reasons. Mr. Lim served the company for 11 years, playing a critical role in corporate governance and financial oversight. The Board has appointed Ms. Hua (Kathy) Chen to succeed him, bringing over 30 years of extensive financial and operational experience, including her current role as Managing Partner and CFO at SB China Venture Capital. The company confirmed that Ms. Chen meets all independence criteria and regulatory requirements.

GDS Holdings Limited announced strong unaudited financial results for the first quarter ended March 31, 2026. Net income surged by 247.1% year-over-year to RMB2,652.1 million (US$384.5 million), while net revenue increased by 23.6% to RMB3,367.1 million (US$488.1 million). Adjusted EBITDA also saw significant growth, rising 47.2% to RMB1,948.7 million (US$282.5 million). The company achieved record net new bookings of approximately 200MW, driven by intensifying AI infrastructure demand. GDS also enhanced financial flexibility through a US$385 million partial sale of DayOne shares and a US$300 million private placement of convertible preferred shares, and reaffirmed its full-year 2026 guidance.

GDS Holdings Limited announced it will report its first quarter 2026 unaudited financial results on May 20, 2026. The results will be released after the close of the Hong Kong market and before the open of the U.S. market. The company's management will host an earnings conference call on the same day at 8:00 AM U.S. Eastern Time to discuss the results.

GDS Holdings Limited announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission on April 29, 2026. The report is available on the Company's investor relations website and the SEC's website. Shareholders and ADS holders can request free hardcopies.