Company: GDHLF
Filing Date: 2025-05-29
Form Type: 424B5
Source: 0001104659-25-053917
Chunk: 47

Company: GDS Holdings Ltd
Filing Date: 2025-05-29
Form: 424B5
Chunk 47
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 | ​ | ​ | ​ | ​                            | ​ | 1,270,130 | ​ | ​ | ​ | ​              | ​ | 52.2 | ​ | ​ | ​ | ​    | ​ | 1,455,422 | ​ | ​ | ​ | ​   | ​ | 200,562 | ​ | ​ | ​ | ​              | ​ | 53.4 | ​ | ​ |

Quarterly Key Performance Indicators Our net revenue and results of operations are largely determined by the amount of data center area in service, the degree to which data center space is committed or pre-committed as well as its utilization. The following table sets forth our key performance indicators on a quarterly basis, starting from the three months ended March 31, 2023 and ending with the three months ended March 31, 2025.

| (Sqm, %)                | ​ | ​ | As ofMarch 31,2023 |   |         |   | ​ | ​ | As ofJune 30,2023 |   |         |   | ​ | ​ | As ofSeptember 30,2023 |   |         |   | ​ | ​ | As ofDecember 31,2023 |   |         |   | ​ | ​ | As ofMarch 31,2024 |   |         |   | ​ | ​ | As ofJune 30,2024 |   |         |   | ​ | ​ | As ofSeptember 30,2024 |   |         |   | ​ | ​ | As ofDecember 31,2024 |   |         |   | ​ | ​ | As ofMarch 31,2025 |   |         |   | ​ |
| Area in service         | ​ | ​ | ​                  | ​ | 517,372 | ​ | ​ | ​ | ​                 | ​ | 528,105 | ​ | ​ | ​ | ​                      | ​ | 540,606 | ​ | ​ | ​ | ​                     | ​ | 548,352 | ​ | ​ | ​ | ​                  | ​ | 549,352 | ​ | ​ | ​ | ​                 | ​ | 580,165 | ​ | ​ | ​ | ​                      | ​ | 595,606 | ​ | ​ | ​ | ​                     | ​ | 613,583 | ​ | ​ | ​ | ​                  | ​ | 610,685 | ​ | ​ |
| Area