china everbright limited’s investment project, gds services ltd listed on nasdaq

business related 09 nov 2016
gds services ltd (“gds”), an investment project of china everbright limited (“cel”, stock code: 165.hk) was listed on the nasdaq on 2 november, 2016 (stock code: gds.us) with its ipo price of us$ 10/ads. gds has raised a total of us$192.5 mn proceeds, and the market capitalization was about us$ 940 mn.

gds began as an it service provider in china pioneering the provision of business and disaster recovery solutions for financial service institutions. from this base, it expanded to developing and operating high performance data centers and setting industry standards for operational excellence. today it has grown to become the leading vertically integrated provider of high performance data center and it infrastructure services in china.

gds serves an outstanding client base of 400 customers representing the leading companies in china driving the technology revolution. it primarily focuses on three verticals: internet and cloud, financial services and large enterprises.

currently, cel's china special opportunities fund i, ii and iii have completed 28 investment projects, with techfaith, ngc transmission, wasu media, goldwind, sunshine paper, anhui yingliu electromechanical, gds, beingmate baby & child food, china outfitters, beijing jingneng clean energy, binhai investment, spt energy and petro-king oilfield services successfully completing ipo listings, and global market group listed on the new over-the-counter bulletin board (new otc bb) market. also, some other investment projects are in the process of preparing for listing in mainland china and hong kong.

for more information of gds, please visit: .