Globenewswire·2026-01-13 11:00Core Viewpoint - GDS Holdings Limited has entered into definitive agreements with DayOne Data Centers Limited for a share repurchase valued at US$385 million, allowing GDS to recycle a significant portion of its investment in DayOne at a high multiple [1][2]. Group 1: Share Repurchase Details - The share repurchase will enable GDS to recycle approximately 95% of its principal invested in DayOne at a nearly 6.5 times multiple of money [2]. - The repurchase price per ordinary share is aligned with DayOne's recent Series C convertible preferred share issuance, which is over US$2.0 billion [1]. - GDS's remaining equity interest in DayOne, as implied by the Series C new issue price, is over US$2.2 billion, equivalent to US$11.18 per GDS American Depositary Share [2]. Group 2: Future Investment Plans - GDS intends to reallocate the proceeds from the share repurchase to invest in new business opportunities with attractive return potential in its core business in China [2]. Group 3: Company Overview - GDS Holdings Limited is a leading developer and operator of high-performance data centers in China, strategically located in key demand hubs [3]. - The company has a 25-year track record of service delivery, catering to large customers including hyperscale cloud service providers and multinational corporations [3]. - GDS's data centers are characterized by large net floor area, high power capacity, and multiple redundancies, making them carrier and cloud-neutral [3].