Concord Medical Services Holdings Limited Engages Solebury Communications Group LLC to Establish a Strategic Investor Relations Program

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Concord Medical Services Holdings Limited

Feb 01, 2012, 06:00 ET

BEIJING, Feb. 1, 2012 /PRNewswire-Asia-FirstCall/ -- Concord Medical Services Holdings Limited ("Concord Medical", or the "Company") (NYSE: CCM), a leading specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers in China, today announced that it has engaged Solebury Communications Group LLC ("Solebury") as its strategic investor relations advisor. The decision to retain Solebury reinforces Concord Medical's dedication to attain fair value for its shareholders and bolster its investor communications.

Solebury brings equity capital markets expertise to the investor relations industry, in-depth knowledge of investor needs and the skill-set and access necessary to properly position Concord Medical to unlock shareholder value. Solebury has a strong commitment to Asia, with a unique business model designed for connecting foreign issuers with the U.S. capital markets.

"We are excited to be working with Solebury as our new investor relations advisor," said Adam (Jigang) Sun, the acting Chief Financial Officer of Concord Medical. "As we continue to expand our presence as the leading specialty hospital management solution provider and operator of radiotherapy and diagnostic imaging centers in China, we are focused on developing a top-rated investor relations program to effectively communicate Concord Medical's strategic plan and long-term goals to our investors. We are confident that Solebury's team will enhance our communication initiatives to ensure that our investment strategy is fully understood by investors."

About Concord Medical

Concord Medical Services Holdings Limited operates the largest network of radiotherapy and diagnostic imaging centers in China, measured by revenues and the number of centers in operation. As of September 30, 2011, the Company operated a network of 128 centers with 70 hospital partners that spanned 48 cities and 24 provinces and administrative regions in China. Under long-term arrangements with top-tier hospitals in China, Concord Medical provides radiotherapy and diagnostic imaging equipment and manages the daily operations of these centers, which are located on the premises of its hospital partners. The Company also provides ongoing training to doctors and other medical professionals in its network of centers to ensure a high level of clinical care for patients. For more information, please see http://ir.concordmedical.com.

About Solebury Communications Group LLC

Solebury Communications Group LLC is a solutions-based financial communications firm delivering equity capital markets driven, strategic Investor Relations (IR) advisory services. Solebury professionals are senior equity market specialists with unrivaled Wall Street experience, relationships, access and insights. Solebury brings expertise in crafting and delivering high impact corporate messages, and developing and executing strategic IR programs to maximize shareholder value. Solebury provides strategic counsel to both public and private companies, including Chinese issuers listing on U.S. exchanges. Solebury has offices in Pennsylvania, Connecticut, New York, Boston and Beijing. For more information, please visit http://www.soleburyir.com

For more information, please contact:

Concord Medical Services
Mr. Tony Tian
[email protected]
(+86) 10 5957-5287

Solebury Communications

In China:
Ms. Cindy Li
[email protected]
(+86) 10 6563-0288 (Office)

In the United States
Mr. Richard Zubek
[email protected]
(+1) 203-428-3230