GDS Holdings Announces Results of Annual Shareholder Meeting

June 27, 2024 by No Comments

SHANGHAI, China, June 27, 2024 — 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 and South East Asia, announced that its Annual General Meeting of Shareholders (“2024 AGM”) was held on June 27, 2024. All resolutions submitted to shareholders for approval at the 2024 AGM were approved.

Specifically, the Company’s shareholders passed ordinary resolutions approving:

  1. The re-election of Mr. Lim Ah Doo as a director of the Company;
  2. The re-election of Mr. Chang Sun as a director of the Company;
  3. The re-election of Ms. Judy Qing Ye as a director of the Company;
  4. The appointment of KPMG Huazhen LLP as the Company’s independent auditor for the fiscal year ending December 31, 2024;
  5. Authorization for the Company’s Board of Directors to allot or issue, within the 12-month period following the 2024 AGM, ordinary shares or other equity or equity-linked securities up to a total of thirty percent (30%) of the Company’s existing issued share capital as of the date of the 2024 AGM, either in a single transaction or a series of transactions (EXCLUDING any allotment or issues of shares upon the exercise of any options granted by the Company); and
  6. Authorization for each of the Company’s directors and officers to take any and all necessary actions to implement the aforementioned resolutions, as each such director or officer, in their absolute discretion, deems 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 and South East Asia. The Company’s facilities are strategically located in primary economic hubs where demand for high-performance data center services is concentrated. The Company also builds, operates and transfers data centers at other locations selected by its customers in order to fulfill their broader requirements. 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 23-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.

For investor and media inquiries, please contact:

GDS Holdings Limited
Laura Chen
Phone: +86 (21) 2029-2203

Piacente Financial Communications
Ross Warner
Phone: +86 (10) 6508-0677

Brandi Piacente
Phone: +1 (212) 481-2050

GDS Holdings Limited