Press Release: GDS Announces Results of Annual General Meeting of Shareholders

Dow Jones
2025/06/26

SHANGHAI, China, June 26, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it held its Annual General Meeting of Shareholders ("2025 AGM") on June 26, 2025. Each of the resolutions submitted to the shareholders for approval at the 2025 AGM has been approved.

Specifically, the shareholders of the Company passed ordinary resolutions approving:

   1. Re-election of Mr. William Wei Huang as a director of the Company; 
 
   2. Re-election of Ms. Bin Yu as a director of the Company; 
 
   3. Re-election of Mr. Zulkifli Baharudin as a director of the Company; 
 
   4. Confirmation of the appointment of KPMG Huazhen LLP as independent 
      auditor of the Company for the fiscal year ending December 31, 2025; 
 
   5. Authorization of the Board of Directors of the Company to allot or issue, 
      in the 12-month period from the date of the 2025 AGM, ordinary shares or 
      other equity or equity-linked securities of the Company up to an 
      aggregate thirty per cent. (30%) of its existing issued share capital of 
      the Company at the date of the 2025 AGM, whether in a single transaction 
      or a series of transactions (OTHER THAN any allotment or issues of shares 
      on the exercise of any options that have been granted by the Company); 
      and 
 
   6. Authorization of each of the directors and officers of the Company to 
      take any and every action that might be necessary to effect the foregoing 
      resolutions as such director or officer, in his or her absolute 
      discretion, thinks fit. 

About GDS Holdings Limited

GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company's facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company's data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company's customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

For investor and media inquiries, please contact:

GDS Holdings Limited

Laura Chen

Phone: +86 (21) 2029-2203

Email: ir@gds-services.com

Piacente Financial Communications

Ross Warner

Phone: +86 (10) 6508-0677

Email: GDS@tpg-ir.com

Brandi Piacente

Phone: +1 (212) 481-2050

Email: GDS@tpg-ir.com

GDS Holdings Limited

(END) Dow Jones Newswires

June 26, 2025 07:00 ET (11:00 GMT)

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