Company: GDHLF
Filing Date: 2025-05-27
Form Type: 424B5
Source: 0001104659-25-053058
Chunk: 8

Company: GDS Holdings Ltd
Filing Date: 2025-05-27
Form: 424B5
Chunk 8
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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 | ​ | ​ |

You should rely only on the information contained or incorporated by reference in this prospectus supplement, the accompanying prospectus or any other offering materials we file with the United States Securities and Exchange Commission, or the SEC. We have not, and the underwriters have not, authorized any other person to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on such different or inconsistent information. Neither we nor the underwriters are making an offer of the ADSs in any jurisdiction where such offer is not permitted. You should not assume that the information contained or incorporated by reference in this prospectus supplement and the accompanying prospectus or in any other offering material is accurate as of any date other than the respective dates thereof. Our business, financial condition, results of operations and prospects may have changed since those dates. Neither this prospectus supplement nor the accompanying prospectus constitutes an offer, or an invitation on our behalf or the underwriter to subscribe for and purchase, any of the ADSs and may not be used for or in connection with an offer or solicitation by anyone, in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation .

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TABLE OF CONTENTS

### ABOUT THIS PROSPECTUS SUPPLEMENT
This prospectus supplement and the accompanying prospectus are part of a registration statement that we filed with the U.S. Securities and Exchange Commission, or the SEC, using a “shelf” registration process. Under the shelf registration process, from time to time, we may sell any combination of the securities described in the accompanying prospectus in one or more offerings, subject in certain cases to the receipt of regulatory approval. This document is in two parts. The first part is the prospectus supplement, which describes the specific terms of this offering of our ADSs and supplements information contained in the accompanying