Company: GDHLF
Filing Date: 2025-05-29
Form Type: 424B5
Source: 0001104659-25-053917
Chunk: 102

Company: GDS Holdings Ltd
Filing Date: 2025-05-29
Form: 424B5
Chunk 102
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| PLAN OF DISTRIBUTION                         | ​ | ​ | ​    | ​ | 36 | ​ | ​ |
| LEGAL MATTERS                                | ​ | ​ | ​    | ​ | 39 | ​ | ​ |
| EXPERTS                                      | ​ | ​ | ​    | ​ | 40 | ​ | ​ |
| WHERE YOU CAN FIND MORE INFORMATION ABOUT US | ​ | ​ | ​    | ​ | 41 | ​ | ​ |
| INCORPORATION OF DOCUMENTS BY REFERENCE      | ​ | ​ | ​    | ​ | 42 | ​ | ​ |

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TABLE OF CONTENTS

### ABOUT THIS PROSPECTUS
This prospectus is part of an automatic shelf registration statement that we filed with the Securities and Exchange Commission, or the SEC, as a “well-known seasoned issuer” as defined in Rule 405 under the Securities Act of 1933, as amended, or the Securities Act. By using an automatic shelf registration statement, we may, at any time and from time to time, offer and sell the securities described in this prospectus in one or more offerings. We may also add, update or change information contained in this prospectus by means of a prospectus supplement or by incorporating by reference information that we file or furnish to the SEC. As allowed by the SEC rules, this prospectus and any accompanying prospectus supplement do not contain all of the information included in the registration statement. For further information, we refer you to the registration statement, including its exhibits. Statements contained in this prospectus or the prospectus supplement about the provisions or contents of any agreement or other document are not necessarily complete. If the SEC’s rules and regulations require that an agreement or document be filed as an exhibit to the registration statement, please see that agreement or document for a complete description of these matters.

You should carefully read this document and the applicable prospectus supplement. You should also read the documents we have referred you to under “Where You Can Find More Information About Us” and “Incorporation of Documents by Reference” below for information on our company, the risks we face and our financial statements. The registration statement and exhibits can be read at the SEC’s website or at the SEC as described under “Where You Can Find More Information About Us.” In this prospectus, unless otherwise indicated or unless the context otherwise requires:

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“ADSs” are to our American depositary shares, each of which represents eight Class A ordinary shares, and “ADRs” are to