February 18, 2019
The Board of Directors
eHi Car Services Limited
Unit 12/F, Building No. 5
Guosheng Center, 388 Daduhe Road
Shanghai, 200062
People’s Republic of China
Dear Board Members of eHi,
We refer to our revised non-binding proposal (the “Proposal”) to the board of directors of eHi Car Services Limited (the “Company”), dated June 29, 2018, to acquire all outstanding common shares (the “Shares”) of the Company in a going-private transaction at US$15.50 per American depositary share of the Company, each representing two Shares, in cash. On behalf of our affiliates and consortium members, we hereby notify the Company of our withdrawal of the Proposal effective as of the date of this letter.
| Sincerely, | |
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| Ocean Link Partners Limited | |
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| By: | /s/ Tony Tianyi Jiang |
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| Name: Tony Tianyi Jiang | |
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| Title: Director | |
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| Ctrip Investment Holding Ltd. | |
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| By: | /s/ Cindy Xiaofan Wang |
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| Name: Cindy Xiaofan Wang | |
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| Title: Director |