GDS Holdings Limited (GDS) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.959 Hello, ladies and gentlemen. Thank you for standing by for GDS Holdings Limited Third 00:00:04.959 -- 00:00:09.986 Quarter 2025 Earnings Conference Call. At this time, all participants are in 00:00:09.986 -- 00:00:14.313 listen-only mode. After management prepared remarks, there will be a question and answer 00:00:14.313 -- 00:00:17.959 session. Today's conference call is being recorded. 00:00:17.959 -- 00:00:19.922 I'll now turn the call over to your host, Ms. 00:00:19.922 -- 00:00:23.547 Laura Chen, Head of Investor Relations for the company. 00:00:23.547 -- 00:00:26.128 Please go ahead, Laura. 00:00:26.151 -- 00:00:31.261 Thank you. Hello, everyone. Welcome to the third quarter 2025 earnings conference call 00:00:31.261 -- 00:00:36.607 of GDS Holdings Limited. The company's results were issued via Newswire services 00:00:36.607 -- 00:00:41.693 earlier today and are posted online. A pre-presentation of which you 00:00:41.693 -- 00:00:46.518 will be able to join this conference call can be viewed and downloaded from our IR website 00:00:46.518 -- 00:00:48.698 at investors.gdsservices.com. 00:00:49.340 -- 00:00:54.466 Leading today's call is Mr. William Huang, GDS founder, chairman, and CEO, 00:00:54.466 -- 00:00:58.651 who will provide an overview of our business strategy and performance. 00:00:58.651 -- 00:01:04.198 Mr. Dan Newman, GDS CFO, will then review the financial and operating results. 00:01:04.198 -- 00:01:08.743 Before we continue, please note that today's discussion will contain forward-looking 00:01:08.743 -- 00:01:12.708 statements made under the safe harbor provisions of the U.S. 00:01:12.708 -- 00:01:16.863 Private Securities Litigation Reform Act of 1995. 00:01:16.863 -- 00:01:21.289 Forward-looking statements inv...