Company: GDHLF
Filing Date: 2025-05-27
Form Type: F-3ASR
Source: 0001104659-25-053030
Chunk: 7

Company: GDS Holdings Ltd
Filing Date: 2025-05-27
Form: F-3ASR
Chunk 7
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| USE OF PROCEEDS                              | ​ | ​ | ​    | ​ |  8 | ​ | ​ |
| DESCRIPTION OF SHARE CAPITAL                 | ​ | ​ | ​    | ​ |  9 | ​ | ​ |
| DESCRIPTION OF AMERICAN DEPOSITARY SHARES    | ​ | ​ | ​    | ​ | 19 | ​ | ​ |
| ENFORCEABILITY OF CIVIL LIABILITIES          | ​ | ​ | ​    | ​ | 32 | ​ | ​ |
| TAXATION                                     | ​ | ​ | ​    | ​ | 34 | ​ | ​ |
| SELLING SHAREHOLDERS                         | ​ | ​ | ​    | ​ | 35 | ​ | ​ |
| 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