EXHIBIT 4
September 14, 2011
Special Committee of the Board of Directors
CNinsure Inc.
22nd Floor, Yinhai Building
No. 299 Yanjing Zhong Road
Guangzhou, Guangdong 510110
People’s Republic of China
Dear Sirs:
We refer to our preliminary non-binding proposal (the “Proposal”) to the board of directors of CNinsure Inc. (the “Company”), dated May 14, 2011, to acquire the Company pursuant to the Acquisition (as defined in the Proposal). Pursuant to the terms of our consortium agreement, we have unanimously determined to withdraw our Proposal for the Company. We hereby notify the Company of such withdrawal effective as of the date of this letter.
| | | | | |
| | Sincerely,
TPG ASIA V MU, INC.
| |
| | By: | /s/ Sing Wang | |
| | | Name: | Sing Wang | |
| | | Title: | Authorized Signatory | |
| | | |
| | /s/ Yinan Hu | |
| | YINAN HU | |
| |
| | KINGSFORD RESOURCES LIMITED
| |
| | By: | /s/ Yinan Hu | |
| | | Name: | Yinan Hu | |
| | | Title: | Director | |
| |
| | CDH INSERVICE LIMITED
| |
| | By: | /s/ Kiang Hua Lew | |
| | | Name: | Kiang Hua Lew | |
| | | Title: | Director | |
cc:
Bob Bartell, Duff & Phelps
Bill Snyder, Duff & Phelps
Douglas Freeman, Fried, Frank, Harris, Shriver & Jacobsen LLP
