GDS Holdings Completes C-REIT IPO on Shanghai Stock Exchange
Shanghai, China — GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a prominent developer and operator of high-performance data centers, has recently triumphantly finished its initial public offering (IPO) for the China REIT (C-REIT) on the Shanghai Stock Exchange. This achievement marks a significant milestone for GDS Holdings and indicates robust investor enthusiasm concerning its future.
Highlights of the IPO Process
The retail offering was concluded ahead of the anticipated schedule due to an overwhelming response from investors. The IPO generated substantial interest from both institutional and retail sectors, with the institutional order book being oversubscribed by a remarkable 166 times relative to the announced final offering price. Additionally, retail subscriptions exceeded expectations, being oversubscribed by 456 times.
Strategic Importance of the C-REIT
The newly established C-REIT is expected to begin trading on the Shanghai Stock Exchange in August, represented under the fund code 508060. This move is integral to the company's growth strategy, as it aims to attract further investments and foster the development of additional high-performance data centers across China.
About GDS Holdings Limited
Founded on the vision of delivering cutting-edge data center services, GDS Holdings stands out as a leader in the industry with its state-of-the-art facilities located strategically near major economic hubs. The company boasts a large net floor area, along with high power capacity and operational efficiency. Its data centers are designed with resilience and multiple redundancies to ensure service reliability.
Commitment to Neutrality and Access
As a carrier and cloud-neutral provider, GDS enables its customers access to various telecommunications networks and leading public clouds. The company offers a comprehensive range of services including co-location, managed hybrid cloud solutions, and direct connections to major cloud providers.
Customer Base and Market Reach
GDS has developed a diverse customer base, encompassing hyperscale cloud service providers, large internet firms, financial institutions, telecommunications companies, and IT service organizations. This wide-ranging clientele is a testament to GDS's reputation within the industry for fulfilling the demanding requirements of various sectors.
Partnership and Investments
Beyond domestic operations, GDS also holds a strategic 35.6% equity interest in DayOne Data Centers Limited, enhancing its presence in international markets. This partnership signifies GDS’s dedication to extending its innovative solutions beyond China, thereby tapping into global growth opportunities.
Investor Support and Contact Information
GDS Holdings values open lines of communication with investors and media. For any inquiries, interested parties can reach out to:
Laura Chen
Phone: +86 (21) 2029-2203
Email: ir@gds-services.com
Ross Warner
Phone: +86 (10) 6508-0677
Email: GDS@tpg-ir.com
Brandi Piacente
Phone: +1 (212) 481-2050
Email: GDS@tpg-ir.com
Frequently Asked Questions
What is a C-REIT?
A C-REIT, or China Real Estate Investment Trust, is a type of investment vehicle that allows investors to gain exposure to real estate markets in China, specifically through publicly traded funds.
When will the C-REIT start trading?
The C-REIT is anticipated to begin trading on the Shanghai Stock Exchange in August 2025.
What services does GDS Holdings provide?
GDS Holdings provides a range of services including co-location, managed hybrid cloud services, and connections to major telecommunications and cloud service networks.
Who are GDS's primary clients?
GDS's clientele primarily includes hyperscale cloud providers, large internet firms, financial institutions, telecommunications carriers, and IT service providers.
What is GDS’s international presence?
GDS Holdings has a strategic partnership and holds a significant equity interest in DayOne Data Centers Limited, allowing for international market engagement.
