Exhibit 99.2
November 13, 2017
The Board of Directors
Concord Medical Services Holdings Limited
18/F, Tower A, Global Trade Center
36 North Third Ring Road East
Dongcheng District, Beijing 100013
People’s Republic of China
Dear Sirs:
Re:Withdrawal of the Non-binding Proposal to Acquire All Outstanding Class A Ordinary Shares and American Depositary Shares of the Company Not Owned by the Buyer Parties
Mr. Jianyu Yang (“Mr. Yang”), the chairman and chief executive officer of Concord Medical Services Holdings Limited (the “Company”), Morgancreek Investment Holdings Limited, an investment vehicle controlled by Mr. Yang (“Morgancreek”), and Blue Ocean Management Limited (“Blue Ocean” and collectively with Mr. Yang and Morgancreek, the “Buyer Parties”) hereby withdraw the non-binding going-private proposal (the “Non-binding Proposal”) dated July 11, 2016, with immediate effect. After careful consideration, the Buyer Parties have decided not to proceed with the Non-binding Proposal under the current circumstances.
Sincerely,
Jianyu Yang | |
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By: | | /s/ Jianyu Yang | |
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Morgancreek Investment Holdings Limited | |
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By: | | /s/ Jianyu Yang | |
Name: | | Jianyu Yang | |
Title: | | Director | |
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Blue Ocean Management Limited | |
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By: | | /s/ Feng Yang | |
Name: | | Feng Yang | |
Title: | | Director | |