GDS Holdings Limited (9698) Announces US$300 Million Convertible Preferred Shares Placement

Bulletin Express
02/06

GDS Holdings Limited (the “Company,” stock code: 9698), which operates under a weighted voting rights structure, published an overseas regulatory announcement dated February 6, 2026. The Hong Kong Stock Exchange and Hong Kong Securities Clearing Company Limited have disclaimed responsibility for the content.

According to the announcement, the Company has furnished a current report on Form 6-K, detailing transaction documents related to a private placement of US$300 million of convertible preferred shares to a Chinese institutional investor. The Company’s American depositary shares, each representing eight Class A ordinary shares, are listed on the Nasdaq Global Market under the symbol GDS.

The Board of Directors of GDS Holdings Limited is chaired by Mr. William Wei Huang, who also serves as Chief Executive Officer. The notice highlights that the issuance involves Series B Convertible Preferred Shares with detailed terms filed as Exhibit 4.1 to the Form 6-K. GDS notes that because it is controlled through weighted voting rights, shareholders should be aware of the influence such structures may have on voting outcomes. The announcement was issued pursuant to Rule 13.10B of the Hong Kong Listing Rules.

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