Summary by Moomoo AI
GDS Holdings Limited (GDS) has published its 2023 report detailing the company's structure, operations and financial performance. GDS is a leading developer and operator of high-performance data centers in China and Southeast Asia, with data centers located in major economic centers, designed for high performance, large area, high power capacity, density and efficiency. The company provides hosting and management services, including innovative cloud hosting value proposition. As of December 31, 2023, the total net floor area operated by GDS was 572,555 square meters, of which 92.8% were contracted by customers, and 182,746 square meters were under construction, of which 76.4% were pre-contracted. A company's financial performance depends primarily on the contracting or subcontracting status of data center capacity and its utilization rate. From...Show More