<SEC-DOCUMENT>0001968582-25-000900.txt : 20250912
<SEC-HEADER>0001968582-25-000900.hdr.sgml : 20250912
<ACCEPTANCE-DATETIME>20250912172142
ACCESSION NUMBER:		0001968582-25-000900
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250912
DATE AS OF CHANGE:		20250912

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GDS Holdings Ltd
		CENTRAL INDEX KEY:			0001526125
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-37925
		FILM NUMBER:		251312433

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		F4/F5, BUILDING C, SUNLAND INTERNATIONAL
		STREET 2:		NO. 999 ZHOUHAI ROAD, PUDONG,
		CITY:			SHANGHAI
		PROVINCE COUNTRY:   	F4
		ZIP:			200137
		BUSINESS PHONE:		86-21-2029-2200

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		F4/F5, BUILDING C, SUNLAND INTERNATIONAL
		STREET 2:		NO. 999 ZHOUHAI ROAD, PUDONG,
		CITY:			SHANGHAI
		PROVINCE COUNTRY:   	F4
		ZIP:			200137

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GDS Services Ltd
		DATE OF NAME CHANGE:	20110719

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Newman Daniel Antony
		CENTRAL INDEX KEY:			0001972874
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		F4/F5, BUILDING C
		STREET 2:		SUNDLAND INTERNATIONAL, NO. 999 ZHOUHAI
		CITY:			PUDONG, SHANGHAI
		STATE:			F4
		ZIP:			200137
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
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  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001972874</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001526125</issuerCik>
      <issuerName>GDS Holdings Limited</issuerName>
      <secFileNumber>001-37925</secFileNumber>
      <issuerAddress>
        <com:street1>F4/F5, Building C, Sunland International</com:street1>
        <com:street2>No 999, Zhouhai Road, Pudong</com:street2>
        <com:city>Shanghai</com:city>
        <com:stateOrCountry>F4</com:stateOrCountry>
        <com:zipCode>200137</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>86-21-2029-2200</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Daniel Antony Newman</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>J.P. Morgan Securities LLC</name>
        <address>
          <com:street1>390 Madison Avenue - 6th Floor</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10017</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>1200000</noOfUnitsSold>
      <aggregateMarketValue>46200000</aggregateMarketValue>
      <noOfUnitsOutstanding>1607430567</noOfUnitsOutstanding>
      <approxSaleDate>09/12/2025</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <acquiredDate>07/18/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Private Purchase</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>SBGD Investment Limited</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>730000</amountOfSecuritiesAcquired>
      <paymentDate>07/18/2014</paymentDate>
      <natureOfPayment>Consideration for purchase</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <acquiredDate>06/16/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Vested RSUs granted under the 2014 GDS Holdings Limited Equity Incentive Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>GDS Holdings Limited</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>211795</amountOfSecuritiesAcquired>
      <paymentDate>06/16/2020</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <acquiredDate>08/04/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Vested RSUs granted under the 2016 GDS Holdings Limited Equity Incentive Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>GDS Holdings Limited</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>67774</amountOfSecuritiesAcquired>
      <paymentDate>08/04/2025</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <acquiredDate>08/01/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Vested RSUs granted under the 2016 GDS Holdings Limited Equity Incentive Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>GDS Holdings Limited</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>46875</amountOfSecuritiesAcquired>
      <paymentDate>08/01/2025</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <acquiredDate>05/28/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Vested RSUs granted under the 2016 GDS Holdings Limited Equity Incentive Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>GDS Holdings Limited</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>46875</amountOfSecuritiesAcquired>
      <paymentDate>05/28/2025</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <acquiredDate>05/01/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Vested RSUs granted under the 2016 GDS Holdings Limited Equity Incentive Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>GDS Holdings Limited</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>60695</amountOfSecuritiesAcquired>
      <paymentDate>05/01/2025</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.00005 per share (represented by ADS)</securitiesClassTitle>
      <acquiredDate>08/01/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Vested RSUs granted under the 2016 GDS Holdings Limited Equity Incentive Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>GDS Holdings Limited</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>35986</amountOfSecuritiesAcquired>
      <paymentDate>08/01/2025</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>The shares covered by this filing will be sold by Ofira Capital Limited, Daniel Antony Newman as Director.</remarks>
    <noticeSignature>
      <noticeDate>09/12/2025</noticeDate>
      <signature>/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for Daniel Antony Newman</signature>
    </noticeSignature>
  </formData>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
