GDS Holdings Limited (GDS) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.039 Hello ladies and gentlemen, thank you for standing by for GDS Holdings Limited 00:00:06.039 -- 00:00:10.926 fourth quarter and full year 2025 earnings conference call. 00:00:10.926 -- 00:00:14.651 At this time, all participants are in listen only mode. 00:00:14.651 -- 00:00:19.598 After management's prepared remarks, there will be a question and answer session. 00:00:19.598 -- 00:00:21.040 Today's 00:00:21.040 -- 00:00:26.585 conference call is being recorded. I will now turn the call over to your host, 00:00:26.585 -- 00:00:30.571 Ms. Laura Chen, Head of Investor Relations for the company. 00:00:30.571 -- 00:00:33.492 Please go ahead, Laura. 00:00:33.735 -- 00:00:38.842 Thank you. Hello, everyone. Welcome to the fourth quarter and full year 2025 earnings 00:00:38.842 -- 00:00:43.849 conference call of GDS Holdings Limited. The company's results were issued via Newswire 00:00:43.849 -- 00:00:47.054 Services earlier today and are posted online. 00:00:47.054 -- 00:00:51.723 A summary presentation, which we'll refer to during this conference call, can be viewed 00:00:51.723 -- 00:00:56.086 and downloaded from our IR website at investorsgdsservices.com. 00:00:56.529 -- 00:01:01.955 Leading today's call is Mr. William Huang, GDS founder, chairman, and CEO, 00:01:01.955 -- 00:01:05.919 who will provide an overview of our business strategy and performance. 00:01:05.919 -- 00:01:12.087 Mr. Dan Newman, GDS CFO, will then review financial and operating results. 00:01:12.087 -- 00:01:17.065 Before we continue, please note that today's discussion will contain full statements 00:01:17.065 -- 00:01:21.810 made under the safe harbor provisions of the US Private Securities Litigation Reform 00:01:21.810 -- 00:01:23.912 Act of 1995. 00:01:23.912 --...