Welcome to our dedicated page for Gds Holdings SEC filings (Ticker: GDS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The GDS Holdings Limited (GDS) SEC filings page brings together the company’s U.S. regulatory disclosures as a foreign private issuer with American Depositary Shares listed on NASDAQ. GDS furnishes current reports on Form 6-K that include press releases, supplemental financial information, and corporate announcements related to its high-performance data center business in China.
In these filings, investors can find quarterly earnings releases that discuss net revenue, net income or loss, Adjusted EBITDA, Adjusted Gross Profit, and margins, along with detailed operating metrics such as total area committed and pre-committed, area in service, area under construction, area utilized, and utilization and commitment rates. Filings may also include supplemental reconciliations between U.S. GAAP and International Financial Reporting Standards, providing additional transparency into the company’s financial reporting framework.
GDS uses Form 6-K to disclose information about capital market transactions and balance sheet management, including new debt financing and refinancing facilities, issuances of convertible senior notes and equity, and developments related to its China REIT (C-REIT) backed by stabilized data center assets. Filings describe the C-REIT’s initial public offering on the Shanghai Stock Exchange, the sale of a project company to the C-REIT, reinvestment in C-REIT units, and the ongoing services agreement under which GDS operates and manages the underlying data centers.
Other 6-K submissions cover announcements about GDS’s minority equity interest in DayOne Data Centers Limited, including DayOne’s financing activities and share repurchase arrangements with GDS. Corporate governance disclosures, such as dates of board meetings, results of annual general meetings, and ESG reporting, are also furnished through these reports.
On Stock Titan, these filings are updated as they are made available on EDGAR, and AI-powered tools can be applied to help summarize lengthy documents, highlight key financial and operational points, and make it easier to understand complex disclosures around data center assets, financing structures, and international investments.
GDS Holdings Ltd chief financial officer Daniel Antony Newman reported compensation-related share activity, not open-market trading. The filing shows an entry coded as an “other acquisition or disposition” involving 161,492 American Depositary Shares (ADSs), at a stated price of $0.00 per ADS.
According to the footnotes, this reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit (RSU) awards after certification of performance conditions on April 23, 2026 and satisfaction of time-based conditions. After this settlement, Newman directly owned 989,384 ADSs and indirectly owned 200,000 ADSs through Ofira Capital Limited, a British Virgin Islands company of which he is the sole beneficial owner. Each ADS represents eight Class A ordinary shares.
GDS Holdings Ltd executive Liang Yan reported a compensation-related share transaction involving American Depositary Shares (ADSs). On April 30, 2026, Yan received 20,775 ADSs at a stated price of $0.00 per ADS through settlement of fully vested Restricted Stock Units and option awards.
Following this transaction, Yan directly holds 79,658 ADSs and 376,024 Class A ordinary shares. Each ADS represents eight Class A ordinary shares, so the ADS position reflects indirect exposure to a larger number of underlying ordinary shares.
GDS Holdings Ltd executive vice president of operations Qian Yixin reported an internal equity restructuring involving American Depositary Shares (ADSs). The filing shows 52,660 ADSs were acquired at a stated price of $0.00 per ADS through settlement of fully vested Restricted Stock Unit (RSU) awards after performance and time conditions were met.
Following this RSU settlement, Qian directly holds 76,865 ADSs. Each ADS represents eight Class A ordinary shares, so the transaction reflects compensation-related share delivery rather than an open-market purchase or sale.
GDS Holdings Ltd Chairman and CEO William Wei Huang reported changes in his American Depositary Share (ADS) holdings. He acquired 200,888 ADSs at no cost upon settlement of fully vested Restricted Stock Unit (RSU) awards after performance and time conditions were met. Following this transaction, he holds 200,888 ADSs directly and 318,671 ADSs indirectly through Solution Leisure Investment Limited. Each ADS represents eight Class A ordinary shares, so this filing mainly reflects equity compensation rather than an open‑market trade.
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.
GDS Holdings Limited filed its Form 20-F annual report, outlining a Cayman holding-company structure that operates China data centers mainly through variable interest entities due to foreign-ownership limits. Revenues from these VIEs and their subsidiaries contributed 97.0%, 96.1% and 97.5% of total revenues in 2023, 2024 and 2025.
The company highlights rising demand for high-performance data centers, especially for AI workloads, alongside heavy capital needs, substantial indebtedness and complex PRC regulation on VATS, data centers, energy use, carbon emissions and AI. Net revenue grew from RMB9,782.4 million in 2023 to RMB11,432.3 million in 2025, while total consolidated indebtedness reached RMB46,210.4 million as of December 31, 2025.
GDS Holdings Ltd director Baharudin Zulkifli Bin filed an initial ownership report on American Depositary Shares. He reports direct ownership of 89,150 ADSs. Each ADS represents eight Class A ordinary shares, and the total includes ADSs received from fully vested RSU awards that have satisfied all conditions.
GDS Holdings Ltd director Lim Ah Doo has filed an initial statement of beneficial ownership. The filing reports direct holdings of 1,687,647 Class A ordinary shares and 73,580 American Depositary Shares (ADSs). Each ADS represents eight Class A ordinary shares, and the total includes ADSs received upon settlement of fully vested restricted stock units that had time and performance conditions fully satisfied.
GDS Holdings Ltd director Sun Qiang Chang has filed an initial statement of beneficial ownership, reporting 57,170 American Depositary Shares (ADS) held directly. Each ADS represents eight Class A ordinary shares. The total includes fully vested RSU awards that have settled into ADSs, with each RSU delivering one ADS.
GDS Holdings Ltd director Sio Tat Hiang filed an initial ownership report showing existing holdings of the company’s American Depositary Shares (ADSs). He directly holds 205,208 ADSs and has indirect ownership of 4,000 ADSs held by his spouse. Each ADS represents eight Class A ordinary shares, and the totals include settlement of fully vested restricted stock units that have converted into ADSs.