SHANGHAI, Nov. 27, 2017 /PRNewswire/ — eHi Car Casework Bound (“eHi” or the “Company”) (EHIC), a arch car rental and car casework aggregation in China, today appear that its Board of Directors (the “Board”) has accustomed a basic non-binding angle letter (the “Proposal Letter”), anachronous November 26, 2017, from Goliath Advisors Bound (“Goliath”), a third affair China-based advance fund. According to the Angle Letter, Goliath has proposed to access all outstanding accepted shares of the Aggregation for US$13.35 in banknote per American depositary allotment of the Aggregation (each apery two Class A accepted shares) or US$6.675 in banknote per accepted allotment of the Company.
The Board plans to appraise the Angle Letter. The Board cautions the Company’s shareholders and others because trading in its balance that the Board aloof accustomed the Angle Letter and no decisions accept been fabricated with account to the Company’s acknowledgment to the Angle Letter and the transaction advised thereby. There can be no affirmation that any absolute action will be made, that any acceding will be accomplished or that this or any added transaction will be accustomed or consummated. The Aggregation does not undertake any obligation to accommodate any updates with account to this or any added transaction, except as appropriate beneath applicative law.
About eHi Car Casework Bound
eHi Car Casework Bound (EHIC) is a arch car rental and car casework providers in China. The Company’s mission is to accommodate absolute advancement solutions as an another to car buying by best utilizing absolute assets and administration abridgement to actualize optimal value. eHi distinguishes itself in China’s fast-growing car rental and car casework bazaar through its commutual business model, customer-centric accumulated culture, ample geographic coverage, able agile management, arch cast name, and charge to abstruse innovation. eHi is the absolute cardinal accomplice in China of Enterprise, the better car rental aggregation in the world, and is the appointed and adopted business accomplice of Ctrip, a baton in the online biking bureau industry in China. For added advice apropos eHi, amuse appointment http://en.1hai.cn.
Safe Harbor Statement
This columnist absolution contains assertive “forward-looking statements” aural the acceptation of federal balance laws. All statements, added than statements of actual facts, included herein are “forward-looking statements” including, amid added things, statements about eHi’s behavior and expectations. The expectations reflected in these advanced statements absorb cogent assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not abode disproportionate assurance on these advanced statements, which allege alone as of the date of this columnist release. Potential risks and uncertainties include, but are not bound to, risks discussed in ehi’s filings with the U.S. Balance and Exchange Commission at www.sec.gov. Added than as appropriate beneath the balance laws, the Aggregation does not accept a assignment to amend these advanced statements.
For broker and media inquiries, amuse contact:
In China:eHi Car Casework Bound Tel: 86 (21) 6468-7000 ext. 8830E-Mail: [email protected]
In the United States:The Piacente Group, Inc.Ms. Brandi PiacenteTel: 1-212-481-2050E-Mail: [email protected]
View aboriginal content:http://www.prnewswire.com/news-releases/ehi-car-services-announces-receipt-of-preliminary-non-binding-proposal-to-acquire-the-company-300561744.html
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