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At GDS Holdings Limited's 2 shareholder meetings in the 2025-2026 proxy season (held March 10, 2026 and June 25, 2026), 64 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,334 separate fund positions. Their filings are grouped here into 28 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — ELECT DIRECTOR DAVID ZHANG — the reporting funds cast 99.3% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings. Page generated November 8, 2026.
No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from GDS Holdings Limited has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Proxy season: 2025-2026
Explore GDS Holdings Limited in the interactive database Compare manager voting policies
Each item below shows how the 64 asset managers that disclosed a GDS Holdings Limited vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of GDS Holdings Limited’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Meeting held June 25, 2026; no official results are on file for this meeting.
Combines 2 wordings of this item as funds reported it.
99.3% of fund votes cast · no official result
The 49 asset managers below reported 87,020,187 for, 540,754 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 23,511,172 | 0 | 0 | 0 | For |
| BlackRock | 22,856,664 | 0 | 0 | 0 | For |
| Invesco | 9,153,603 | 0 | 0 | 0 | For |
| Fidelity | 8,803,457 | 0 | 0 | 0 | For |
| Dimensional | 5,723,805 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,659,000 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 3,425,857 | 0 | 0 | 0 | For |
| Cohen & Steers | 1,869,000 | 0 | 0 | 0 | For |
| American Century | 1,472,657 | 0 | 0 | 0 | For |
| Charles Schwab | 993,218 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 622,000 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 619,207 | 0 | 0 | 0 | For |
| Putnam | 0 | 540,754 | 0 | 0 | Against |
| Goldman Sachs | 523,588 | 0 | 0 | 0 | For |
| Russell Investments | 502,800 | 0 | 0 | 0 | For |
| WisdomTree | 446,795 | 0 | 0 | 0 | For |
| ALGER FUNDS | 398,497 | 0 | 0 | 0 | For |
| Northern Trust | 293,500 | 0 | 0 | 0 | For |
| Victory Capital | 237,100 | 0 | 0 | 0 | For |
| Aberdeen | 218,700 | 0 | 0 | 0 | For |
| Lincoln Financial | 195,408 | 0 | 0 | 0 | For |
| TIAA | 181,900 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 155,200 | 0 | 0 | 0 | For |
| Nationwide | 150,900 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 130,753 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. All 49 are in the interactive database (link above).
Meeting held June 25, 2026; no official results are on file for this meeting.
Combines 2 wordings of this item as funds reported it.
67% of fund votes cast · no official result
The 49 asset managers below reported 58,395,203 for, 29,165,738 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 23,511,172 | 0 | 0 | 0 | For |
| BlackRock | 0 | 22,856,664 | 0 | 0 | Against |
| Invesco | 9,153,603 | 0 | 0 | 0 | For |
| Fidelity | 3,293,941 | 5,509,516 | 0 | 0 | Mixed |
| Dimensional | 5,723,805 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,659,000 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 3,425,857 | 0 | 0 | 0 | For |
| Cohen & Steers | 1,869,000 | 0 | 0 | 0 | For |
| American Century | 1,472,657 | 0 | 0 | 0 | For |
| Charles Schwab | 993,218 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 622,000 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 619,207 | 0 | 0 | 0 | For |
| Putnam | 0 | 540,754 | 0 | 0 | Against |
| Goldman Sachs | 523,588 | 0 | 0 | 0 | For |
| Russell Investments | 502,800 | 0 | 0 | 0 | For |
| WisdomTree | 446,795 | 0 | 0 | 0 | For |
| ALGER FUNDS | 398,497 | 0 | 0 | 0 | For |
| Northern Trust | 293,500 | 0 | 0 | 0 | For |
| Victory Capital | 237,100 | 0 | 0 | 0 | For |
| Aberdeen | 218,700 | 0 | 0 | 0 | For |
| Lincoln Financial | 33,808 | 161,600 | 0 | 0 | Mixed |
| TIAA | 181,900 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 155,200 | 0 | 0 | 0 | For |
| Nationwide | 150,900 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 130,753 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. All 49 are in the interactive database (link above).
Meeting held June 25, 2026; no official results are on file for this meeting.
Combines 2 wordings of this item as funds reported it.
99.3% of fund votes cast · no official result
The 49 asset managers below reported 87,020,187 for, 540,754 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 23,511,172 | 0 | 0 | 0 | For |
| BlackRock | 22,856,664 | 0 | 0 | 0 | For |
| Invesco | 9,153,603 | 0 | 0 | 0 | For |
| Fidelity | 8,803,457 | 0 | 0 | 0 | For |
| Dimensional | 5,723,805 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,659,000 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 3,425,857 | 0 | 0 | 0 | For |
| Cohen & Steers | 1,869,000 | 0 | 0 | 0 | For |
| American Century | 1,472,657 | 0 | 0 | 0 | For |
| Charles Schwab | 993,218 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 622,000 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 619,207 | 0 | 0 | 0 | For |
| Putnam | 0 | 540,754 | 0 | 0 | Against |
| Goldman Sachs | 523,588 | 0 | 0 | 0 | For |
| Russell Investments | 502,800 | 0 | 0 | 0 | For |
| WisdomTree | 446,795 | 0 | 0 | 0 | For |
| ALGER FUNDS | 398,497 | 0 | 0 | 0 | For |
| Northern Trust | 293,500 | 0 | 0 | 0 | For |
| Victory Capital | 237,100 | 0 | 0 | 0 | For |
| Aberdeen | 218,700 | 0 | 0 | 0 | For |
| Lincoln Financial | 195,408 | 0 | 0 | 0 | For |
| TIAA | 181,900 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 155,200 | 0 | 0 | 0 | For |
| Nationwide | 150,900 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 130,753 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. All 49 are in the interactive database (link above).
Meeting held June 25, 2026; no official results are on file for this meeting.
99.9% of fund votes cast · no official result
The 10 asset managers below reported 649,350 for, 451 against, 21 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Pacer Funds Trust | 202,736 | 0 | 0 | 0 | For |
| Global X | 197,270 | 0 | 0 | 0 | For |
| BlackRock | 91,462 | 0 | 0 | 0 | For |
| Charles Schwab | 65,700 | 0 | 0 | 0 | For |
| Tidal Trust II | 56,912 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund | 13,197 | 300 | 14 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 10,444 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund II | 6,626 | 151 | 7 | 0 | For |
| Northern Lights Fund Trust IV | 4,774 | 0 | 0 | 0 | For |
| John Hancock | 228 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
86% of fund votes cast · no official result
The 10 asset managers below reported 557,958 for, 91,843 against, 21 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Pacer Funds Trust | 202,736 | 0 | 0 | 0 | For |
| Global X | 197,270 | 0 | 0 | 0 | For |
| BlackRock | 0 | 91,462 | 0 | 0 | Against |
| Charles Schwab | 65,700 | 0 | 0 | 0 | For |
| Tidal Trust II | 56,912 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund | 13,244 | 253 | 14 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 10,444 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund II | 6,650 | 127 | 7 | 0 | For |
| Northern Lights Fund Trust IV | 4,774 | 0 | 0 | 0 | For |
| John Hancock | 228 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
99.9% of fund votes cast · no official result
The 10 asset managers below reported 649,492 for, 309 against, 21 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Pacer Funds Trust | 202,736 | 0 | 0 | 0 | For |
| Global X | 197,270 | 0 | 0 | 0 | For |
| BlackRock | 91,462 | 0 | 0 | 0 | For |
| Charles Schwab | 65,700 | 0 | 0 | 0 | For |
| Tidal Trust II | 56,912 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund | 13,292 | 206 | 14 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 10,444 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund II | 6,674 | 103 | 7 | 0 | For |
| Northern Lights Fund Trust IV | 4,774 | 0 | 0 | 0 | For |
| John Hancock | 228 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
100% of fund votes cast · no official result
The 5 asset managers below reported 3,037,973 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,858,400 | 0 | 0 | 0 | For |
| Krane Shares Trust | 723,200 | 0 | 0 | 0 | For |
| John Hancock | 202,590 | 0 | 0 | 0 | For |
| First Trust | 148,583 | 0 | 0 | 0 | For |
| Jackson National | 105,200 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
39% of fund votes cast · no official result
The 5 asset managers below reported 1,179,573 for, 1,858,400 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 0 | 1,858,400 | 0 | 0 | Against |
| Krane Shares Trust | 723,200 | 0 | 0 | 0 | For |
| John Hancock | 202,590 | 0 | 0 | 0 | For |
| First Trust | 148,583 | 0 | 0 | 0 | For |
| Jackson National | 105,200 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
100% of fund votes cast · no official result
The 5 asset managers below reported 3,037,973 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,858,400 | 0 | 0 | 0 | For |
| Krane Shares Trust | 723,200 | 0 | 0 | 0 | For |
| John Hancock | 202,590 | 0 | 0 | 0 | For |
| First Trust | 148,583 | 0 | 0 | 0 | For |
| Jackson National | 105,200 | 0 | 0 | 0 | For |
Meeting held March 10, 2026; no official results are on file for this meeting.
34% of fund votes cast · no official result
The 39 asset managers below reported 25,677,031 for, 50,326,611 against, 106,300 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 21,390,764 | 0 | 0 | 0 | For |
| Vanguard | 0 | 19,325,583 | 0 | 0 | Against |
| Invesco | 5,680 | 10,087,227 | 0 | 0 | Against |
| Fidelity | 0 | 8,387,533 | 0 | 0 | Against |
| Dimensional | 0 | 6,044,405 | 0 | 0 | Against |
| BARON SELECT FUNDS | 3,033,563 | 0 | 0 | 0 | For |
| Cohen & Steers | 0 | 2,649,700 | 0 | 0 | Against |
| TIAA | 0 | 1,197,089 | 0 | 0 | Against |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 642,000 | 0 | 0 | 0 | For |
| Victory Capital | 0 | 481,600 | 0 | 0 | Against |
| WisdomTree | 0 | 437,045 | 0 | 0 | Against |
| Putnam | 0 | 347,447 | 0 | 0 | Against |
| ALGER FUNDS | 0 | 300,387 | 0 | 0 | Against |
| Northern Trust | 0 | 281,400 | 0 | 0 | Against |
| American Century | 186,112 | 0 | 0 | 0 | For |
| Aberdeen | 173,300 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 0 | 145,224 | 0 | 0 | Against |
| State Street | 0 | 113,435 | 0 | 0 | Against |
| FIRST EAGLE FUNDS | 0 | 0 | 106,300 | 0 | Abstain |
| DWS | 0 | 84,733 | 0 | 0 | Against |
| Franklin Templeton | 0 | 78,900 | 0 | 0 | Against |
| JPMorgan | 0 | 69,600 | 0 | 0 | Against |
| MASTER INVESTMENT PORTFOLIO | 67,600 | 0 | 0 | 0 | For |
| Baron ETF Trust | 62,865 | 0 | 0 | 0 | For |
| HC CAPITAL TRUST | 0 | 57,700 | 0 | 0 | Against |
Showing the 25 largest of 39 asset managers. All 39 are in the interactive database (link above).
Meeting held June 25, 2026; no official results are on file for this meeting.
26% of fund votes cast · no official result
Description as filed by funds: Authorization of each of the directors and officers of the Company to take any and every action that might be necessary to effect the foregoing resolutions as such director or officer, in his or her absolute discretion, thinks fit.
The 10 asset managers below reported 171,765 for, 478,034 against, 23 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Pacer Funds Trust | 0 | 202,736 | 0 | 0 | Against |
| Global X | 0 | 197,270 | 0 | 0 | Against |
| BlackRock | 91,462 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 65,700 | 0 | 0 | Against |
| Tidal Trust II | 56,912 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund | 12,394 | 1,102 | 15 | 0 | Mixed |
| TRUST FOR PROFESSIONAL MANAGERS | 0 | 10,444 | 0 | 0 | Against |
| Saba Capital Income & Opportunities Fund II | 6,223 | 554 | 8 | 0 | Mixed |
| Northern Lights Fund Trust IV | 4,774 | 0 | 0 | 0 | For |
| John Hancock | 0 | 228 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
71% of fund votes cast · no official result
Description as filed by funds: THAT EACH OF THE DIRECTORS AND OFFICERS OF THE COMPANY BE AUTHORIZED TO TAKE ANY AND EVERY ACTION THAT MIGHT BE NECESSARY OR DESIRABLE TO EFFECT THE FOREGOING RESOLUTIONS AS SUCH DIRECTOR OR OFFICER, IN HIS OR HER ABSOLUTE DISCRETION, THINKS FIT
The 5 asset managers below reported 2,166,190 for, 871,783 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,858,400 | 0 | 0 | 0 | For |
| Krane Shares Trust | 0 | 723,200 | 0 | 0 | Against |
| John Hancock | 202,590 | 0 | 0 | 0 | For |
| First Trust | 0 | 148,583 | 0 | 0 | Against |
| Jackson National | 105,200 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
2% of fund votes cast · no official result
Description as filed by funds: APPROVE ISSUANCE OF EQUITY OR EQUITY-LINKED SECURITIES WITHOUT PREEMPTIVE RIGHTS
The 47 asset managers below reported 1,876,700 for, 84,188,223 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 23,511,172 | 0 | 0 | Against |
| BlackRock | 0 | 22,856,664 | 0 | 0 | Against |
| Invesco | 0 | 9,153,603 | 0 | 0 | Against |
| Fidelity | 0 | 8,803,457 | 0 | 0 | Against |
| Dimensional | 0 | 5,723,805 | 0 | 0 | Against |
| T. Rowe Price | 0 | 3,659,000 | 0 | 0 | Against |
| BARON SELECT FUNDS | 0 | 3,425,857 | 0 | 0 | Against |
| Cohen & Steers | 1,869,000 | 0 | 0 | 0 | For |
| American Century | 0 | 1,472,657 | 0 | 0 | Against |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 0 | 622,000 | 0 | 0 | Against |
| DRIEHAUS MUTUAL FUNDS | 0 | 619,207 | 0 | 0 | Against |
| Putnam | 0 | 540,754 | 0 | 0 | Against |
| Goldman Sachs | 0 | 523,588 | 0 | 0 | Against |
| WisdomTree | 0 | 446,795 | 0 | 0 | Against |
| ALGER FUNDS | 0 | 398,497 | 0 | 0 | Against |
| Northern Trust | 0 | 293,500 | 0 | 0 | Against |
| Victory Capital | 0 | 237,100 | 0 | 0 | Against |
| Aberdeen | 0 | 218,700 | 0 | 0 | Against |
| Lincoln Financial | 0 | 195,408 | 0 | 0 | Against |
| TIAA | 0 | 181,900 | 0 | 0 | Against |
| FIRST EAGLE FUNDS | 0 | 155,200 | 0 | 0 | Against |
| Nationwide | 0 | 150,900 | 0 | 0 | Against |
| Perpetual Americas Funds Trust | 0 | 130,753 | 0 | 0 | Against |
| State Street | 0 | 128,465 | 0 | 0 | Against |
| Baron ETF Trust | 0 | 93,030 | 0 | 0 | Against |
Showing the 25 largest of 47 asset managers. All 47 are in the interactive database (link above).
Meeting held June 25, 2026; no official results are on file for this meeting.
19% of fund votes cast · no official result
Description as filed by funds: Authorization of the Board of Directors of the Company to approve allotment or issuance, in the 12-month period from the date of the Meeting, of ordinary shares or other equity or equity-linked securities of the Company up to an aggregate thirty per cent. (30 percent) of its existing issued share capital of the Company at the date of the Meeting, whether in a single transaction or a series of transactions (OTHER THAN any allotment or issues of shares on the exercise of any options or warrants granted by the Company from time to time or any shares issued on the conversion by Ping An Insurance and by STT of the convertible and redeemable bonds due 2019 held by Ping An Insurance and STT respectively).
The 8 asset managers below reported 73,707 for, 313,122 against, 24 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Pacer Funds Trust | 0 | 202,736 | 0 | 0 | Against |
| BlackRock | 0 | 91,462 | 0 | 0 | Against |
| Tidal Trust II | 56,912 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund | 8,003 | 5,493 | 16 | 0 | Mixed |
| TRUST FOR PROFESSIONAL MANAGERS | 0 | 10,444 | 0 | 0 | Against |
| Saba Capital Income & Opportunities Fund II | 4,018 | 2,758 | 8 | 0 | Mixed |
| Northern Lights Fund Trust IV | 4,774 | 0 | 0 | 0 | For |
| John Hancock | 0 | 228 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
0% of fund votes cast · no official result
Description as filed by funds: THAT THE BOARD OF DIRECTORS OF THE COMPANY BE AUTHORIZED TO ALLOT OR ISSUE, IN THE 12-MONTH PERIOD FROM THE DATE OF THE MEETING, ORDINARY SHARES OR OTHER EQUITY OR EQUITY-LINKED SECURITIES OF THE COMPANY UP TO AN AGGREGATE THIRTY PER CENT. (30%) OF ITS EXISTING ISSUED SHARE CAPITAL OF THE COMPANY AT THE DATE OF THE MEETING, WHETHER IN A SINGLE TRANSACTION OR A SERIES OF TRANSACTIONS (OTHER THAN ANY ALLOTMENT OR ISSUES OF SHARES ON THE EXERCISE OF ANY OPTIONS OR WARRANTS GRANTED BY THE COMPANY FROM TIME TO TIME OR ANY SHARES ISSUED ON THE CONVERSION BY PING AN INSURANCE AND BY STT OF THE CONVERTIBLE AND REDEEMABLE BONDS DUE 2019 HELD BY PING AN INSURANCE AND STT RESPECTIVELY)
The 5 asset managers below reported 3,037,973 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 0 | 1,858,400 | 0 | 0 | Against |
| Krane Shares Trust | 0 | 723,200 | 0 | 0 | Against |
| John Hancock | 0 | 202,590 | 0 | 0 | Against |
| First Trust | 0 | 148,583 | 0 | 0 | Against |
| Jackson National | 0 | 105,200 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
0% of fund votes cast · no official result
The 2 asset managers below reported 1,496,018 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Charles Schwab | 0 | 993,218 | 0 | 0 | Against |
| Russell Investments | 0 | 502,800 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
0% of fund votes cast · no official result
Description as filed by funds: Authorization of the Board of Directors of the Company to approve allotment or issuance, in the 12-month period from the date of the Meeting, of ordinary shares or other equity or equity-linked securities of the Company up to an aggregate thirty per cent. (30%) of its existing issued share capital of the Company at the date of the Meeting, whether in a single transaction or a series of transactions (other than any allotment or issues of shares on the exercise of any options or warrants granted by the Company from time to time or any shares issued on the conversion by Ping An Insurance and by STT of the convertible and redeemable bonds due 2019 held by Ping An Insurance and STT respectively).
The 2 asset managers below reported 262,970 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Global X | 0 | 197,270 | 0 | 0 | Against |
| Charles Schwab | 0 | 65,700 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
89% of fund votes cast · no official result
Description as filed by funds: AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS
The 47 asset managers below reported 76,897,808 for, 9,167,115 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 23,511,172 | 0 | 0 | 0 | For |
| BlackRock | 22,856,664 | 0 | 0 | 0 | For |
| Invesco | 0 | 9,153,603 | 0 | 0 | Against |
| Fidelity | 8,803,457 | 0 | 0 | 0 | For |
| Dimensional | 5,723,805 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,659,000 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 3,425,857 | 0 | 0 | 0 | For |
| Cohen & Steers | 1,869,000 | 0 | 0 | 0 | For |
| American Century | 1,472,657 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 622,000 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 619,207 | 0 | 0 | 0 | For |
| Putnam | 540,754 | 0 | 0 | 0 | For |
| Goldman Sachs | 523,588 | 0 | 0 | 0 | For |
| WisdomTree | 446,795 | 0 | 0 | 0 | For |
| ALGER FUNDS | 398,497 | 0 | 0 | 0 | For |
| Northern Trust | 293,500 | 0 | 0 | 0 | For |
| Victory Capital | 237,100 | 0 | 0 | 0 | For |
| Aberdeen | 218,700 | 0 | 0 | 0 | For |
| Lincoln Financial | 195,408 | 0 | 0 | 0 | For |
| TIAA | 181,900 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 155,200 | 0 | 0 | 0 | For |
| Nationwide | 150,900 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 130,753 | 0 | 0 | 0 | For |
| State Street | 128,465 | 0 | 0 | 0 | For |
| Baron ETF Trust | 93,030 | 0 | 0 | 0 | For |
Showing the 25 largest of 47 asset managers. All 47 are in the interactive database (link above).
Meeting held March 10, 2026; no official results are on file for this meeting.
Combines 3 wordings of this item as funds reported it.
73% of fund votes cast · no official result
Description as filed by funds: Approval of the amendments of the rights attached to the Class B ordinary shares of the Company to increase the voting power attached to such Class B ordinary shares held by Mr. William Wei Huang, from twenty (20) votes per share to fifty (50) votes per share, specified in certain articles of the Company's Articles of Association to reflect such amendments as detailed in the proxy statement and as set forth in Exhibit A hereto, a copy of which Articles of Association has been produced to the Meeting marked "A" and for identification purpose signed by the chairman of the Meeting (the "New Articles"), and the approval and adoption of the New Articles in substitution for and to the exclusion of the existing articles of association of the Company with immediate effect after the close of the Meeting.
The 17 asset managers below reported 21,832,366 for, 8,047,823 against, 402 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 21,390,764 | 4,467,107 | 0 | 0 | Mixed |
| Russell Investments | 0 | 1,090,600 | 0 | 0 | Against |
| Charles Schwab | 0 | 1,058,170 | 0 | 0 | Against |
| Krane Shares Trust | 0 | 773,900 | 0 | 0 | Against |
| Brookfield Investment Funds | 310,562 | 0 | 0 | 0 | For |
| Global X | 0 | 269,008 | 0 | 0 | Against |
| John Hancock | 0 | 184,216 | 0 | 0 | Against |
| MASTER INVESTMENT PORTFOLIO | 67,600 | 67,600 | 0 | 0 | Mixed |
| Jackson National | 0 | 90,200 | 0 | 0 | Against |
| Saba Capital Income & Opportunities Fund | 29,374 | 12,702 | 268 | 0 | Mixed |
| Saba Capital Income & Opportunities Fund II | 14,748 | 6,377 | 134 | 0 | Mixed |
| Venerable Variable Insurance Trust | 0 | 17,400 | 0 | 0 | Against |
| EA Series Trust | 13,680 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 0 | 9,911 | 0 | 0 | Against |
| Northern Lights Fund Trust IV | 5,180 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 0 | 631 | 0 | 0 | Against |
| Tidal Trust I | 458 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
0% of fund votes cast · no official result
The 2 asset managers below reported 1,496,018 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Charles Schwab | 0 | 993,218 | 0 | 0 | Against |
| Russell Investments | 0 | 502,800 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
28% of fund votes cast · no official result
Description as filed by funds: AMEND OMNIBUS STOCK PLAN
The 47 asset managers below reported 23,693,593 for, 62,371,330 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 23,511,172 | 0 | 0 | 0 | For |
| BlackRock | 0 | 22,856,664 | 0 | 0 | Against |
| Invesco | 0 | 9,153,603 | 0 | 0 | Against |
| Fidelity | 0 | 8,803,457 | 0 | 0 | Against |
| Dimensional | 0 | 5,723,805 | 0 | 0 | Against |
| T. Rowe Price | 0 | 3,659,000 | 0 | 0 | Against |
| BARON SELECT FUNDS | 0 | 3,425,857 | 0 | 0 | Against |
| Cohen & Steers | 0 | 1,869,000 | 0 | 0 | Against |
| American Century | 0 | 1,472,657 | 0 | 0 | Against |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 0 | 622,000 | 0 | 0 | Against |
| DRIEHAUS MUTUAL FUNDS | 0 | 619,207 | 0 | 0 | Against |
| Putnam | 0 | 540,754 | 0 | 0 | Against |
| Goldman Sachs | 0 | 523,588 | 0 | 0 | Against |
| WisdomTree | 0 | 446,795 | 0 | 0 | Against |
| ALGER FUNDS | 0 | 398,497 | 0 | 0 | Against |
| Northern Trust | 0 | 293,500 | 0 | 0 | Against |
| Victory Capital | 0 | 237,100 | 0 | 0 | Against |
| Aberdeen | 0 | 218,700 | 0 | 0 | Against |
| Lincoln Financial | 23,900 | 171,508 | 0 | 0 | Mixed |
| TIAA | 0 | 181,900 | 0 | 0 | Against |
| FIRST EAGLE FUNDS | 0 | 155,200 | 0 | 0 | Against |
| Nationwide | 0 | 150,900 | 0 | 0 | Against |
| Perpetual Americas Funds Trust | 0 | 130,753 | 0 | 0 | Against |
| State Street | 128,465 | 0 | 0 | 0 | For |
| Baron ETF Trust | 0 | 93,030 | 0 | 0 | Against |
Showing the 25 largest of 47 asset managers. All 47 are in the interactive database (link above).
Meeting held June 25, 2026; no official results are on file for this meeting.
44% of fund votes cast · no official result
The 11 asset managers below reported 287,703 for, 362,103 against, 22 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Pacer Funds Trust | 202,736 | 0 | 0 | 0 | For |
| Global X | 0 | 197,270 | 0 | 0 | Against |
| BlackRock | 0 | 91,462 | 0 | 0 | Against |
| Charles Schwab | 0 | 65,700 | 0 | 0 | Against |
| Tidal Trust II | 56,912 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund | 8,542 | 4,955 | 15 | 0 | Mixed |
| TRUST FOR PROFESSIONAL MANAGERS | 10,444 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund II | 4,289 | 2,488 | 7 | 0 | Mixed |
| Northern Lights Fund Trust IV | 4,774 | 0 | 0 | 0 | For |
| John Hancock | 0 | 228 | 0 | 0 | Against |
| IMA Advisory Services, Inc. | 6 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
6% of fund votes cast · no official result
Description as filed by funds: THAT THE EFFECTIVENESS OF THE COMPANYS 2016 EQUITY INCENTIVE PLAN BE EXTENDED FOR A PERIOD OF THREE (3) YEARS
The 5 asset managers below reported 185,883 for, 2,852,090 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 0 | 1,858,400 | 0 | 0 | Against |
| Krane Shares Trust | 0 | 723,200 | 0 | 0 | Against |
| John Hancock | 37,300 | 165,290 | 0 | 0 | Mixed |
| First Trust | 148,583 | 0 | 0 | 0 | For |
| Jackson National | 0 | 105,200 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
0% of fund votes cast · no official result
The 2 asset managers below reported 1,496,018 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Charles Schwab | 0 | 993,218 | 0 | 0 | Against |
| Russell Investments | 0 | 502,800 | 0 | 0 | Against |
Meeting held June 25, 2026; no official results are on file for this meeting.
100% of fund votes cast · no official result
Description as filed by funds: RATIFY KPMG HUAZHEN LLP AS AUDITORS
The 47 asset managers below reported 86,064,923 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 23,511,172 | 0 | 0 | 0 | For |
| BlackRock | 22,856,664 | 0 | 0 | 0 | For |
| Invesco | 9,153,603 | 0 | 0 | 0 | For |
| Fidelity | 8,803,457 | 0 | 0 | 0 | For |
| Dimensional | 5,723,805 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,659,000 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 3,425,857 | 0 | 0 | 0 | For |
| Cohen & Steers | 1,869,000 | 0 | 0 | 0 | For |
| American Century | 1,472,657 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 622,000 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 619,207 | 0 | 0 | 0 | For |
| Putnam | 540,754 | 0 | 0 | 0 | For |
| Goldman Sachs | 523,588 | 0 | 0 | 0 | For |
| WisdomTree | 446,795 | 0 | 0 | 0 | For |
| ALGER FUNDS | 398,497 | 0 | 0 | 0 | For |
| Northern Trust | 293,500 | 0 | 0 | 0 | For |
| Victory Capital | 237,100 | 0 | 0 | 0 | For |
| Aberdeen | 218,700 | 0 | 0 | 0 | For |
| Lincoln Financial | 195,408 | 0 | 0 | 0 | For |
| TIAA | 181,900 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 155,200 | 0 | 0 | 0 | For |
| Nationwide | 150,900 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 130,753 | 0 | 0 | 0 | For |
| State Street | 128,465 | 0 | 0 | 0 | For |
| Baron ETF Trust | 93,030 | 0 | 0 | 0 | For |
Showing the 25 largest of 47 asset managers. All 47 are in the interactive database (link above).
Meeting held June 25, 2026; no official results are on file for this meeting.
99.9% of fund votes cast · no official result
Description as filed by funds: Confirmation of the appointment of KPMG Huazhen LLP as independent auditor of the Company for the fiscal year ending December 31, 2026.
The 10 asset managers below reported 649,542 for, 258 against, 21 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Pacer Funds Trust | 202,736 | 0 | 0 | 0 | For |
| Global X | 197,270 | 0 | 0 | 0 | For |
| BlackRock | 91,462 | 0 | 0 | 0 | For |
| Charles Schwab | 65,700 | 0 | 0 | 0 | For |
| Tidal Trust II | 56,912 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund | 13,326 | 172 | 14 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 10,444 | 0 | 0 | 0 | For |
| Saba Capital Income & Opportunities Fund II | 6,691 | 86 | 7 | 0 | For |
| Northern Lights Fund Trust IV | 4,774 | 0 | 0 | 0 | For |
| John Hancock | 228 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
100% of fund votes cast · no official result
Description as filed by funds: THAT THE APPOINTMENT OF KPMG HUAZHEN LLP AS INDEPENDENT AUDITOR OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026 BE CONFIRMED;
The 5 asset managers below reported 3,037,973 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,858,400 | 0 | 0 | 0 | For |
| Krane Shares Trust | 723,200 | 0 | 0 | 0 | For |
| John Hancock | 202,590 | 0 | 0 | 0 | For |
| First Trust | 148,583 | 0 | 0 | 0 | For |
| Jackson National | 105,200 | 0 | 0 | 0 | For |
Meeting held June 25, 2026; no official results are on file for this meeting.
100% of fund votes cast · no official result
The 2 asset managers below reported 1,496,018 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Charles Schwab | 993,218 | 0 | 0 | 0 | For |
| Russell Investments | 502,800 | 0 | 0 | 0 | For |
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 1,520,535,019 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 1.55% |
| 2 | BlackRock | 1.50% |
| 3 | Invesco | 0.60% |
| 4 | Fidelity | 0.58% |
| 5 | Dimensional | 0.38% |
| 6 | T. Rowe Price | 0.24% |
| 7 | BARON SELECT FUNDS | 0.23% |
| 8 | Cohen & Steers | 0.12% |
| 9 | American Century | 0.10% |
| 10 | Charles Schwab | 0.07% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | IMA Advisory Services, Inc. | <0.01% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| GIC Private Limited | 8.32% | 13G |
Percentages above are of 1,520,535,019 shares outstanding, as reported by GDS Holdings Limited on its Form 20-F dated December 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from GDS Holdings Limited’s 20-F dated December 31, 2025. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
GDS Holdings Limited proxy season coverage: 2025-2026 (this page).
proxyvotesnow.com, “GDS Holdings (GDS) 2026 Shareholder Meetings: Shareholder Vote Results”, https://proxyvotesnow.com/company/gds-holdings-limited/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.