Gairanod, along with runners-up Darren Espanto, Juan Karlos Labajo and Darlene Vibares, had a recording session on Sunday for "Thank You, Ang Babait Ninyo."
The song's chorus gives a new spin to the popular Christmas carol. Part of it goes: "Kaya ngayong Pasko, ang blessings ko'y kayo / Thank you, thank you, ang babait ninyo."
ABS-CBN earlier released a teaser video of passersby at Plaza Miranda in Manila announcing on a microphone who they are thankful for.
"Thank You, Ang Babait Ninyo" will mark ABS-CBN's 12th Christmas station ID following a string of hits that paid tribute to the Filipino sense of community and spirit amid disasters.
ABS-CBN has yet to announce details of the new Christmas tune, including the release date of its full-length music video featuring stars and news personalities of the network.
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