 BEIJING, Nov. 30, 2020 GLOBE NEWSWIRE -- China Index Holdings Limited NASDAQ: CIH, CIH or the Company, a leading real estate information and analytics service platform provider in China, today announced that its board of directors the Board has received a preliminary non-binding proposal letter the Proposal Letter, dated November 30, 2020, from General Atlantic Singapore Fund Pte. Ltd. together with its affiliated investment entities, General Atlantic, as the Proposing Buyer, proposing to acquire all of the outstanding Class A ordinary shares, with a par value of US0.001 each and Class B ordinary shares, par value US0.001 each collectively, the Shares and the American depositary shares each American depositary shares representing one Class A ordinary share, par value US0.001 each, the ADSs of the Company not already beneficially owned by the Proposing Buyer in a going-private transaction. The consideration payable for each Share and each ADS to be acquired will be US2.32 in cash, subject to certain conditions. According to the Proposal Letter, the US2.32 per ShareADS price represents a premium of 25 to the Companys stock price as of the close of business on November 27, 2020 and a premium of approximately 33 to the Companys 30-day volume weighted average price up to November 27, 2020. 