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GDS Holdings (NASDAQ: GDS) files 2025 Form 20-F annual report

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(Neutral)
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Form Type
6-K

Rhea-AI Filing Summary

GDS Holdings Limited, a China-based developer and operator of high-performance data centers, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission.

The report is available on the company’s investor relations website and the SEC’s website. GDS will provide hard copies of the annual report free of charge to shareholders and ADS holders who request them by email.

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Form 6-K regulatory
"SECURITIES AND EXCHANGE COMMISSION FORM 6-K Report of Foreign Private Issuer"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
Form 20-F regulatory
"GDS Files 2025 Annual Report on Form 20-F"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
foreign private issuer regulatory
"Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
ADS holders financial
"shareholders and ADS holders upon request"
ADS holders are investors who own American Depositary Shares, which are certificates traded on U.S. markets that represent ownership of a foreign company's ordinary shares. Think of an ADS as a receipt that lets U.S. investors buy and sell a piece of a foreign company without dealing with a foreign stock exchange; this matters because ADS holders are affected by the underlying company’s performance, dividends, and any corporate actions, but also by currency, custody arrangements, and U.S. trading rules.
high-performance data centers technical
"a leading developer and operator of high-performance data centers in China"

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For the month of April 2026

 

Commission File Number: 001-37925

 

GDS Holdings Limited

(Registrant’s name)

 

F4/F5, Building C, Sunland International

No. 999 Zhouhai Road

Pudong, Shanghai 200137

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F x Form 40-F ¨

 

 

 

 

 

EXHIBITS

 

99.1 Press release — GDS Files 2025 Annual Report on Form 20-F
99.2 Hong Kong 2025 Annual Report

 

2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  GDS Holdings Limited
   
Date: April 30, 2026 By: /s/ William Wei Huang
  Name: William Wei Huang
  Title: Chief Executive Officer

 

3 

 

 

Exhibit 99.1

 

GDS Files 2025 Annual Report on Form 20-F

 

SHANGHAI, China, April 29, 2026 (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 has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the “SEC”) on April 29, 2026 U.S. Eastern Time.

 

The annual report can be accessed on the Company’s investor relations website at investors.gds-services.com and on the SEC’s website at www.sec.gov. The Company will provide hardcopies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to ir@gds-services.com.

 

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 across the key 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. The Company 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 has a 25-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 minority equity interest in DayOne Data Centers Limited, an independent Singapore-headquartered hyperscale data center platform.

 

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

 

 

 

FAQ

What did GDS (GDS) announce in this Form 6-K filing?

GDS announced it has filed its Form 20-F annual report for the year ended December 31, 2025 with the SEC. Investors can access the report online or request hard copies free of charge from the company’s investor relations team.

Where can investors access GDS Holdings’ 2025 Form 20-F?

Investors can access GDS Holdings’ 2025 Form 20-F on the company’s investor relations website at investors.gds-services.com and on the SEC’s website at www.sec.gov. These sources provide the full annual report and related disclosures for review.

How can GDS shareholders request a hard copy of the 2025 annual report?

Shareholders and ADS holders can request a free hard copy of the 2025 annual report by emailing the company at ir@gds-services.com. GDS has committed to providing printed copies without charge upon request to facilitate investor access to its disclosures.

What business does GDS Holdings (GDS) operate according to the filing?

GDS operates as a leading developer and operator of high-performance data centers in China. Its facilities are strategically located in key demand hubs, with large net floor area, high power capacity, and carrier- and cloud-neutral connectivity for major telecom networks and cloud providers.

Who are the primary customers of GDS Holdings’ data centers?

GDS mainly serves hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. These customers rely on GDS for outsourced high-performance data center capacity and connectivity services.

Does GDS Holdings have any notable international data center interests?

Yes. GDS holds a minority equity interest in DayOne Data Centers Limited, an independent Singapore-headquartered hyperscale data center platform. This interest provides exposure to hyperscale data center operations outside mainland China through a separate regional platform.

Filing Exhibits & Attachments

2 documents