GDS Holdings announced a net revenue of RMB 2.9 billion for the second quarter of 2025, marking a 12.4% increase year-on-year. The company reported a net loss of RMB 70.6 million, which represents a significant narrowing compared to the same period last year. Adjusted EBITDA reached RMB 1.372 billion, reflecting an 11.2% year-on-year growth. As of June 30, the company's total signed and pre-signed area stood at 664,000 square meters, billed area at 479,200 square meters, and operating area at 618,100 square meters, all indicating positive year-on-year growth trends.