SHANGHAI, China, Jan. 30, 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 a private placement of US$300 million of Series B convertible preferred shares (the “convertible preferred shares”) to Huatai Capital Investment Limited, a Chinese institutional investor (the “Private Placement”). GDS will use the proceeds from the private placement to fund expan ...

Group 1 - The core point of the article is that 21Vianet Group, Inc. (万国数据-SW) has announced a share buyback agreement with DayOne Data Centers Limited, which will allow the company to recover approximately 95% of its investment in DayOne, with an expected return on investment of nearly 6.5 times [1][1][1] - The buyback involves a total value of $385 million for DayOne common stock, with the buyback price per share aligned with the recently announced price of over $2 billion for DayOne's Series C convertible preferred stock [1][1][1] - Following the buyback, the remaining equity held by 21Vianet in DayOne is valued at over $2.2 billion, equating to approximately $11.18 per American depositary share of 21Vianet [1][1][1] Group 2 - 21Vianet intends to reallocate the proceeds from the share buyback to invest in emerging opportunities within its core business in China that have significant return potential [1][1][1]

Core Viewpoint - The company, GDS Holdings Limited (万国数据-SW), has entered into a final agreement with DayOne Data Centers Limited for the repurchase of $385 million worth of DayOne common stock, which will allow the company to recover approximately 95% of its investment principal in DayOne, yielding a return on investment of nearly 6.5 times [1] Group 1 - The repurchase price per share of common stock is aligned with the recently announced issuance price of over $2 billion in Series C convertible preferred stock by DayOne [1] - Following the repurchase, the remaining equity held by the company in DayOne is valued at over $2.2 billion, equating to $11.18 per American depositary share of the company [1] - The company intends to reallocate the proceeds from the stock repurchase to invest in emerging opportunities within its core business in China that have significant return potential [1]

Group 1 - The company, GDS Holdings Limited, has entered into a final agreement with DayOne Data Centers Limited to repurchase $385 million worth of DayOne common stock [1] - The repurchase price per share is aligned with the recently announced price of DayOne's new issuance of over $2 billion in Series C convertible preferred stock [1] - This repurchase will allow the company to recover approximately 95% of its investment principal in DayOne, achieving a return on investment of nearly 6.5 times [1] Group 2 - Based on the new issuance price from the Series C round, the remaining equity held by the company in DayOne is valued at over $2.2 billion, equating to $11.18 per American Depositary Share of the company [1] - The company intends to reallocate the proceeds from the stock repurchase to invest in emerging opportunities within its core business in China that have significant return potential [1]

Core Viewpoint - The company, GDS Holdings Limited (09698.HK), has entered into a final agreement with DayOne Data Centers Limited for the repurchase of common shares valued at $385 million [1] Group 1 - DayOne will repurchase common shares from the company at a price equivalent to the recently announced issuance of over $2 billion in Series C convertible preferred shares [1]

Core Viewpoint - The company, GDS Holdings Limited, has entered into a final agreement with DayOne Data Centers Limited to repurchase $385 million worth of DayOne common shares, indicating a significant return on investment and strategic repositioning of funds for future opportunities [1] Group 1: Financial Details - The repurchase price per common share is aligned with the recently announced issuance price of over $2 billion in Series C convertible preferred shares by DayOne [1] - The repurchase will allow GDS to recover approximately 95% of its initial investment in DayOne, achieving a return on investment of nearly 6.5 times [1] - The remaining equity held by GDS in DayOne is valued at over $2.2 billion, equating to $11.18 per American Depositary Share of GDS [1] Group 2: Strategic Intent - GDS intends to reallocate the proceeds from the share repurchase to invest in emerging opportunities within its core business in China that have significant return potential [1]

Core 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].

Financial Highlights - Total revenue for FY24 grew by 5.5% year-over-year to RMB 10,322.1 million ($1,414.1 million)[6] - Adjusted EBITDA for FY24 increased by 3.0% year-over-year to RMB 4,876.4 million ($668.1 million)[6] - Total revenue for 4Q24 increased by 9.1% year-over-year to RMB 2,690.7 million ($368.6 million)[9] - Adjusted EBITDA for 4Q24 increased by 13.9% year-over-year to RMB 1,297.7 million ($177.8 million)[9] - Pro Forma Consolidated FY24 Net Revenue was RMB 11,545.5 million, a 16.0% year-over-year increase[40] - Pro Forma Consolidated FY24 Adjusted EBITDA was RMB 5,192.9 million, a 12.3% year-over-year increase[40] Customer Commitments & Utilization - Net new customer commitments for FY24 were +11,055 sqm[6] - Total area committed increased by 1.8% year-over-year to 629,997 sqm[6,9] - Net additional area utilized for FY24 was +47,792 sqm[6] - Total area utilized was 453,094 sqm, an 11.8% year-over-year increase, with a utilization rate of 73.8%[6,9] - Net new customer commitments for 4Q24 were +3,214 sqm[9] Capacity Expansion & Backlog - Additional capacity in service for FY24 was 78,419 sqm[31] - Total area in service at YE24 was 613,583 sqm[32] - Total area under construction at YE24 was 102,691 sqm[32] - Total area held for future development at YE24 was 388,922 sqm[32] - Backlog at YE24 was 176,904 sqm[18] FY25 Guidance - FY25 revenue guidance is RMB 11,290 - 11,590 million, implying a year-over-year growth of +9.4% – +12.3%[81] - FY25 Adjusted EBITDA guidance is RMB 5,190 - 5,390 million, implying a year-over-year growth of +6.4% – +10.5%[81] - FY25 Capex is expected to be approximately RMB 4,300 million, a +42.9% increase[81]