Document:

EX-10.14

Exhibit 10.14

CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

REDACTED Version of Exhibit 10.14

Translation

CERTAIN INFORMATION (INDICATED BY ASTERISKS) IN THIS EXHIBIT HAS BEEN OMITTED AND FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED
WITH RESPECT TO THE OMITTED PORTION.

Medical Equipment Lease Agreement

	 	 	 
	Parties to the Contract:
	 
	 	 
	Lessor:

	 	Shanghai Medstar Medical Investment Management Company Limited
(hereinafter referred to as “Party A”)
	 
	 	 
	Legal Representative: ZHANG, Jing
	 
	 	 
	Address:

	 	Flat D and Flat E, 15/F, No. 500, Zhangyang Road, Pudong New Area, Shanghai
	 
	 	 
	Lessee:

	 	The Chinese People’s Liberation Army Navy General
Hospital (hereinafter referred to as “Party B”)
	 
	 	 
	Legal Representative: DUAN, Yunyou
	 
	 	 
	Address:

	 	No. 6 Fucheng Road, Haidian District, Beijing

In accordance with the principle of equality and fairness, Party A and Party B are willing to
formulate this Lease Agreement (hereinafter referred to as this “Contract”) upon friendly
consultation and hereby jointly comply with the following:

Article 1 Leased Assets

	 	1.1	 	Party A agrees to lease to Party B one set of brand new imported PET-CT
equipment.
	 
	 	1.2	 	Name of the Leased Assets: PET-CT, model number and specifications,
quantity, unit price, total price, manufacturer (for details, please refer to Appendix
I);

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

	 	1.3	 	The price of the Leased Assets is approximately RMB *** (subject to the final
bid price).

Article 2 Use of the Leased Assets

During the Lease Term, the Leased Assets will be used as medical equipment by the PET-CT
Centre within Party B’s hospital and may not be used for other purposes.

Article 3 Premises for Using the Leased Assets

The Premises for using the Leased Assets shall be: the PET-CT Centre of the Chinese
People’s Liberation Army Navy General Hospital.

Article 4 Time of Delivery of the Leased Assets

Party A shall deliver the Leased Assets to the Premises where the Leased Assets will be
used pursuant to the time as provided in the Leased Assets Purchase Contract. In the event
that the Leased Assets fail to arrive at the Premises in a timely manner because the
processing of the procedures regarding the examination and approval under Article 8.2.2
hereof and the premises preparation are delayed, Party A shall not be liable for any
responsibilities.

Article 5 Lease Term

The Lease Term of the Leased Assets shall be: upon confirmation by the Parties, and under
the conditions of normal use, should the Leased Assets fail to continue to be used or be
declared to be scrapped, that is, the Lease shall terminate.

Should the Leased Assets be delivered later than such date as provided in the Contract, the
Lease Term shall be extended accordingly.

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

Article 6 Ownership of the Leased Assets

	 	6.1	 	The ownership of the Leased Assets listed in the Appendix hereto shall belong
to Party A. During the Lease Term, Party B shall have the right to use only. Party B
may not sell, transfer, sub-lease, establish mortgage over, invest in the Leased
Assets and may not adopt such other acts in respect of the Leased Assets which may
infringe upon the ownership of the Leased Assets.
	 
	 	6.2	 	That Party B enters into a contract with any third party or that Party B’s
status of legal person is changed will not change Party A’s ownership in respect of
the Leased Assets. In the event that Party B is in bankruptcy, the Leased Assets
shall not belong to the property in bankruptcy.
	 
	 	6.3	 	During the performance of the Contract, Party A shall have the right to check
the use and completeness of the Leased Assets and under the circumstances wherein the
use of such equipment is not subject to any influence, Party B shall provide such
convenience. Without Party A’s written consent, Party B may not disassemble any parts
and components of the Leased Assets nor change the premise used.
	 
	 	6.4	 	During the performance of the Contract, Party A shall have the right to
establish mortgage over and transfer the Leased Assets, provided however that, Party A
must report such mortgage and transfer to Party B and seek Party B’s advice prior to
such mortgage and transfer. Party A’s mortgage and transfer shall not change Party
B’s rights and interests as provided herein. Should damages are caused to Party B due
to any mortgage and transfer of the Leased Assets, Party A shall be liable for
compensation.

Article 7 Rental

	 	7.1	 	The rental shall be paid on a monthly basis.
	 
	 	7.2	 	After the Leased Assets have been delivered to the Premises for using the
Leased Assets, the Parties agree that the Lease shall commence from [Day]

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

	 	 	 	[Month][Year] (or another official commencement date for the Lease agreed upon by
the Parties by entering into a supplemental Agreement).
	 
	 	7.3	 	Commencing from the official commencement date for the Lease, Party B shall
remit the rental for the previous month into the account designated by Party A by the
20th day for each month, and shall submit the independent book regarding
the finance of the PET-CT Centre to Party A by the 20th day for the first
month of each quarter.
	 
	 	 	 	Name of the Account: Shanghai Medstar Medical Investment
Management Company Limited

Bank with account opened: Gaoqiao Branch of Agricultural Bank of China, at
Waigaoqiao, Shanghai

Account Number: 03-341600040016559
	 
	 	7.4	 	Rental calculation method:
	 
	 	7.4.1	 	Before *** and within ***, the rental shall be *** of the monthly Leased
Assets Revenue of the Center;
	 
	 	7.4.2	 	Upon ***, the rental shall be *** of the monthly Leased Assets Revenue of
the Center;
	 
	 	 	 	Leased Assets Revenue = ***

The Hospital’s own expenses and costs: The following costs shall be borne by the
PET-CT Centre:

	 	7.4.2.1	 	Integrated service fee equivalent to *** of the total amount charged;
	 
	 	7.4.2.2	 	Cost for renovation and transformation of the operation room (the item is
included once incurred);
	 
	 	7.4.2.3	 	Auxiliary consumptive materials required for treatment;
	 
	 	7.4.2.4	 	Maintenance and repair cost for the Leased Assets;
	 
	 	7.4.2.5	 	The wages and bonuses of such service personnel seconded by the Parties to
the Centre (including the capped amount for the wages of three military
personnel seconded by Party B);

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

	 	7.4.2.6	 	Charges for water, electricity, heat, and office expenses;
	 
	 	7.4.2.7	 	Cost for media and advertisement;
	 
	 	7.4.2.8	 	Necessary technical training and technical upgrading, academic interchange
and the cost for hiring experts and consultants;
	 
	 	7.4.2.9	 	Other costs directly related to the operation of the Centre recognized by
the Parties.

	 	 	 	(The foregoing expenses may not exceed *** of the total amount charged by the
Centre for the current month at most. Should such expenses exceed ***, calculation
will be based on ***. The exceeding portion shall be carried forward into the next
month.)

Article 8 Rights and Obligations of the Parties

	8.1	 	Party A’s Rights and Obligations

	 	8.1.1	 	Party A shall deliver to Party B the Leased Assets designated by Party B in
a timely manner and assist the supplier in installing and commissioning.
	 
	 	8.1.2	 	Party A shall understand and grasp the operating situation of the leased
equipment at any time based on the operating financial revenue and expenses of the
Leased Assets as provided by Party B. When it is necessary, Party A may hire an
independent accounting firm for conducting audit regarding the accounts of the PET-CT
Centre.
	 
	 	8.1.3	 	Party A does not participate in Party B’s operation and management.
	 
	 	8.1.4	 	Party A or the entrusted agent of Party A shall have the right to examine
and check the use and perfect condition of the Leased Assets.
	 
	 	8.1.5	 	Party A shall be responsible for providing the necessary technical
information for the use of the Leased Assets.
	 
	 	8.1.6	 	Party A shall be responsible for the technical training and upgrading
service in respect of the Leased Assets.
	 
	 	8.1.7	 	Party A shall delegate special personnel who shall be responsible for
examining and coordinating the work.

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

	 	8.1.8	 	Party A shall be responsible for coordinating with the supplier in respect
of the repair and maintenance of the Leased Assets.
	 
	 	8.1.9	 	Party A shall be responsible for confirming jointly with Party B the
proposal regarding the renovation and transformation of the operation room and the
costs and expenses thereof.

	8.2	 	Party B’s Rights and Obligations

	 	8.2.1	 	Party B shall pay rental to Party A on a monthly basis.
	 
	 	8.2.2	 	Party B shall be responsible for processing all of the procedures for
approvals in respect of the Leased Assets hereunder, including the approval for
importation, application for the permit for deployment of large medical equipment for
the Leased Assets, and etc.
	 
	 	8.2.3	 	Party B promises that the financial statement on the operation of the leased
equipment and the relevant report Party B issues to Party A shall be in compliance
with the relevant laws and regulations of China and shall truly and objectively show
the financial status of Party B in connection with the Leased Assets.
	 
	 	8.2.4	 	To provide such premises, universal and auxiliary medical and communication
equipment coping with the Leased Assets, to provide doctors, nurses and technicians
and other professionals, and to provide the convenient conditions in respect of
logistics services.
	 
	 	8.2.5	 	To assist Party B in handling the matters related to domestic equipment
transportation, installation and commissioning.
	 
	 	8.2.6	 	To deal with medical management work, such as filing and report the charges
and prices.
	 
	 	8.2.7	 	Party B may have 2 military patients to undergo free-of-charge diagnosis of
the “Centre” per month (and among whom, one patient shall be entitled to full
exemption of the diagnosis charge while two patients shall be entitled to
half-exemption of the diagnosis charge).
	 
	 	8.2.8	 	Party B shall be responsible for the treatment and other medical decisions
on the patients and shall independently be liable for the medical liability.

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	 	 	 	The medical disputes related to the Leased Assets and other issues shall be handled
according to the relevant provisions of the health administrative authorities.
	 
	 	8.2.9	 	Party B shall properly manage and safekeep the Leased Assets and delegate
special personnel who shall be responsible for the daily work of the operation of the
Leased Assets.
	 
	 	8.2.10	 	Party B may not dissolve this Contract in early manner nor amend this Contract
because Party A has recovered the cost, or the integrated benefits of the PET-CT
System continues to grow or the leadership of the Hospital is replaced. Party A’s
legal interests may not be damaged because of early dissolution hereof in the event of
other reasons beyond the force majeure, wars, and natural disasters.
	 
	 	8.2.11	 	During the Lease Term, in the event that Party B is required to introduce the same
type of the equipment, Party A shall enjoy the absolute priority.

Article 9 Delivery and Acceptance Upon Examination of the Leased Assets

	 	9.1	 	Delivery and Acceptance upon Examination: After the Leased Assets have been
delivered to the premise for use, Party B shall examine the Leased Assets for
acceptance pursuant to the content as provided in the Appendix I hereof. Should the
Leased Assets fail to meet the agreed terms, Party B shall timely make a note on the
delivery receipt and wait for Party A to settle it.
	 
	 	9.2	 	Technical acceptance upon examination: Upon installation and commissioning
and completion of the diagnosis and treatment for 5 cases and patients, if Party B
confirms that the technical requirements are met, it shall issue acceptance
certificate to Party A within 5 days, and the delivery of the Leased Assets is deemed
to be completed. The Lease Term shall commence and the charges for such 5 cases and
patients shall be included in the revenue of the Leased Assets.

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	 	9.3	 	In the event that the Leased Assets do not comply with the standard upon
examination and acceptance, Party A shall be responsible for handling such matter.

Article 10 Insurance of the Leased Assets and the Third Person’s Damage Liability

	 	10.1	 	During the Lease term, Party A may, by installments, buy property integrated
insurance in respect of the Leased Assets with the insurance company based on the
total amount of the Leased Assets. The insurance beneficiary shall be Party A. The
duplicate copy of the insurance contract shall be kept by Party B.
	 
	 	10.2	 	During the Lease term, in the event of any incident of insurance liability,
Party B shall immediately notify Party A and cooperate with Party A for providing the
report on the accident cause and the relevant information, and shall, in conjunction
with Party A, timely process the claim with the insurance company. The Contract shall
continue to perform. Should such insurance claim fail to be settled due to Party B’s
delay in processing the insurance claim, Party B shall be liable for the losses
incurred.
	 
	 	10.3	 	In the event that any third party (patient) suffers from any damages due to
the quality issue of the Leased Assets, Party A shall be responsible for making a
claim against the manufacturer or operator of the Leased Assets. Before the claim can
successfully be made, the expenses shall be borne by Party A. Should the amount
claimed is insufficient, the insufficient portion shall be included into the
Hospital’s own expenses which shall be borne by the PET-CT Centre.
	 
	 	10.4	 	In the event that any third party (patient) suffers from any damages due to
Party B’s fault in using the Leased Assets, Party A shall be liable for such damages.
The expenses shall be included into the Hospital’s own expenses which shall be borne
by the PET-CT Centre.

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	Article 11	 	Disposal of the Leased Assets Upon Expiry of the Lease
Upon the expiry of the Lease Term, the Leased Assets shall be
returned to Party A and a third party shall be entrusted to
handle the scrap procedure.

Article 12 Financial Audit

	 	12.1	 	For purposes of ensuring the reasonable and effective use of the Leased
Assets and ensuring the Lessor’s legal rights and interests, Party B agrees that Party
A shall conduct financial audit in respect of the Centre.
	 
	 	12.2	 	The measures regarding the financial audit shall include that Party A shall
have the right to supervise, at any time, the number of people seeking medical advice,
price, the Centre’s cost and expenses, the wages and bonus amount of the personnel
working in the Centre.

Article 13 Handling of Breach

	 	13.1	 	In the event that Party A unilaterally terminates this Contract in early
manner in violation of the provisions hereof, Party A shall compensate Party B the
total sum of the average monthly revenue for the three months prior to the termination
hereof.
	 
	 	13.2	 	Party A shall be responsible for equipment maintenance and technical service
and technical upgrading and shall ensure the normal switch-on rate of the equipment.
In the event that the equipment fails due to its own quality issue and the impact on
treatment lasts for over 30 days, Party A shall provide compensation and the
compensation amount shall be negotiated by the Parties.
	 
	 	13.3	 	During the Lease Term, if Party B has introduced any medical equipment which
has similar function of the Leased Assets through a third party in violation of
Article 8.11 hereof, Party B shall compensate Party A the losses incurred therefrom in
a lump-sum payment, and the Parties shall terminate this Contract in early manner.
Amount of loss = Remaining Lease Term × the monthly average rental prior to the
breach.

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	 	13.4	 	Should Party B delay in paying the rental, such delay shall not exceed three
months. And Party B shall pay to Party A a default fine equivalent to 0.05% of the
amount delayed in payment on a daily basis.
	 
	 	13.5	 	In the event that Party B breaches the Contract in any of the following
manners, Party A shall have the right to dissolve this Contract and Party B is
required to pay an overdue penalty and shall immediately pay all due outstanding and
undue rental. As for the undue monthly rental, it is calculated as 2.5% of the total
price of the Leased Assets. And the Leased Assets shall be recovered.

	 	13.5.1	 	Any monthly rental owed by Party B is in arrears for more than three months;
	 
	 	13.5.2	 	Party B has disposed the Leased Assets in its sole discretion in violation
of the provisions of this Contract;
	 
	 	13.5.3	 	The Leased Assets are seriously damaged or lost due to any improper use,
intentional damage or careless storage by Party B.

	 	13.6	 	Should Party A breach the Contract in the foregoing manner, Party A shall be
liable for Party B’s lawsuit cost, legal counsel fees and other costs arising from
Party B’s realization of the creditors’ rights.
	 
	 	13.7	 	During the Lease Term, if the military patient paid the relevant fees which
are lower than the verified price charged (except for the Centre’s free-of-charge
diagnosis cost for the two military personnel per month), the insufficient portion
shall be supplemented by Party B and shall be deducted from Party B’s income.
	 
	 	13.8	 	In the event that either party unilaterally proposes a reduction or exemption
for patients other than the military personnel, the proposing party shall bear the
price difference which shall be deducted from such

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	 	 	 	party’s income. Any amount mutually recognized by the Parties may be included in
the expenses of the PET-CT Center.

Article 14 Dispute Resolution

	 	 	 	Any and all disputes in connection with this Contract shall be
settled by the Parties through consultation. If no settlement
can be reached through consultation, an action may be brought
before the People’s Court in the place where the Leased Assets
are located.

Article 15 Appendix to this Contract

	 	 	 	The Appendix to this Contract is an integral part hereof and
shall have the equal legal validity as that of the main text
hereof.

Article 16 Effectiveness

	 	 	 	This Contract shall become effective after being signed and
stamped by both Party A and Party B.

Article 17 Termination of Contract

	 	17.1	 	This Contract shall automatically terminate upon the expiry of the Lease
Term.
	 
	 	17.2	 	All claims and indebtedness arising from the performance of this Agreement by
Party A and Party B shall be terminated upon full repayment of all debts, including
all rental payments, default penalties, indemnification, and so on.
	 
	 	17.3	 	In case of impossibility of performance of the Contract or use of the Leased
Assets due to war, natural disaster, force majeure and other factors, this Contract
shall be terminated and neither party shall be liable to or have any rights against
the other party.
	 
	 	17.4	 	In case of impossibility of performance of the Contract due to any change in
the policy and regulation of the State or the locality, resulting into the

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	 	 	 	fact that this Contract fails to be performed, but without affecting the use of the
Leased Assets, this Contract may be terminated in early manner. The Parties shall
confirm the proposal of solution through consultation.
	 
	 	17.5	 	In the event that the military adjusts its policy, resulting into the fact
that this Contract fails to be performed, but without affecting the use of the Leased
Assets, this Contract may be terminated in early manner; provided, however, that Party
B is required to make a lump-sum payment to purchase such leased equipment in an
amount equal to: *** (see Appendix I) minus ***
	 
	 	 	 	Or, subject to safeguarding the legal rights and interests of the Parties, such
matter may be settled through consultation.

Purchase Price = ***

Article 18 Miscellaneous

	 	18.1	 	The Parties hereto have carefully read through all the terms hereof.
Reasonable manner has been adopted to urge the Parties to pay attention to the terms
regarding exemption or restriction on their responsibilities as provided herein. And
per the requirements of the Parties, explanation has been made in respect of the
relevant terms.
	 
	 	18.2	 	The Parties hereto have authorized their respective representatives to sign
this Contract. All terms of this Contract are a true expression of the intents of the
Parties and shall have legal binding effect on the Parties.

			
	Article 19	 	The original of this Contract and the Appendix hereto shall be prepared in four copies
while Party A and Party B shall each hold two copies hereof.

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

	 	 	 
	Lessor:	 	Lessee:
	Shanghai Medstar Medical Investment 

Management Company Limited (affixed 

with its corporate seal)

	 	the Chinese People’s Liberation Army

Navy General Hospital(affixed with
its corporate seal)
	Legal Representative (or Authorized 

Representative):

	 	Legal Representative (or Authorized
Representative):
	(Affixed with the signature of
Zheng Chen)

	 	(affixed with the signature of
Yangming Qian)

	 	 	 
	Date of Execution:	 	Date of Execution:
	29 September, 2006

	 	29 September, 2006
	 
	 	 
	Bank with account opened:

	 	Bank with account opened:
	Gaoqiao Branch of Agricultural Bank
of China, at Waigaoqiao, Shanghai

	 	Fuwaidajie Branch of Industrial and
Commercial Bank of China
	Account Number: 03-341600040016559

	 	Account Number: 0200049209026700101
	Telephone: 021-58367007

	 	Telephone: 010-66958114
	Facsimile: 021-58368131

	 	Facsimile: 010-66958034

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Appendix I:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Purchase	 	 	 	 
	Name of Leased	 	Model	 	 	 	 	 	Price RMB	 	 	 	 
	Equipment	 	Number	 	Quantity	 	(10,000 Yuan)	 	Manufacturer	 	Distributor
	PET/CT

	 	 	 	 	1	 	 	 	 	 	 	 

14EX-10.15

Exhibit 10.15

CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

REDACTED Version of Exhibit 10.15

Translation

CERTAIN INFORMATION (INDICATED BY ASTERISKS) IN THIS EXHIBIT

HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES

AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN

REQUESTED WITH RESPECT TO THE OMITTED PORTION.

Supplemental Agreement

Concerning the Development of

the Aohai Radiotherapy Treatment and Diagnosis Research Center

(Contract Number: AMS20090601)

June 2009

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

Parties to the Contract:

			
	Party A:	 	Chinese People’s Liberation Army Navy General Hospital
(hereinafter referred to as “Party A”)

Legal Address: No. 6 Fucheng Road, Beijing

Postal Code:100048

Legal Representative: QIAN, Yangming

			
	Party B:	 	Shenzhen Aohua Medical Services Company Limited (hereinafter
referred to as “Party B”)

Registered Address: Room 3702, Jinmao Plaza, No. 4028
Jintian Road, Shenzhen

Postal Code: 518035

Legal Representative: YANG, Jianyu

Section I General Provisions

Article 1

Deploying their respective resource advantages, Party A and Party B entered into a Cooperation
Contract on 19 March, 1995 and thereby jointly established “Aohai Radiotherapy Treatment and
Diagnosis Research Center” (hereinafter referred to as the “Center”) and invested, for such initial
phase, the OUR-XGD Rotary Focus Gamma Knife )(head Gamma Knife) in the Center; entered into a
supplementary contract on 18 March, 1999 and further invested, for the second phase, the
three-dimensional stereotactic Gamma Ray Whole-body Treatment System (Whole-body Gamma Knife); and
entered into a supplementary contract (Contract Number 2003-S008) on 27 September, 2003 and further
invested, for the third phase, the linear accelerator for medical uses, simulated stereotactic
machine, three-dimensional conformal radiotherapy treatment plan and system, the endogenic field
hyperthermia machine; and further entered into a supplementary agreement on 15 September, 2004 and
further invested, for the third phase, the EEG Stereotactic System to carry out the diagnosis and
treatment of epilepsy diseases; and in the process, Party A and Party have developed the tumor
Center into a medical treatment center which features first-class technology, first-class talents,
a relatively high domestic reputation, and the integration of medical treatment and scientific
research and which is capable of providing systematic, sound comprehensive diagnosis and therapy
services in relation to tumors of different phases and types for relevant patients. Thanks to the
joint efforts of the Parties, the Center has achieved good social and economic results from all of
the first three phases investments.

Article 2

Based on the principle of equality, mutual benefit and risk sharing, through friendly discussions,
the Parties, desiring to further invest the fourth phase equipment in the Center on the basis of
their existing cooperation and thereby meet the needs of patients and further enhance the capacity
of the equipment of the Center, hereby agree as follows in respect of relevant matters.

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Section II Basic Introduction of the Center

Article 3

			
	Name of the Center:      	 	“Aohai Radiotherapy and Diagnosis Research Center”
(hereinafter referred to as the “Center”).

Article 4

			
	Address of the Center:      	 	Within the Chinese People’s Liberation Army Navy
General Hospital

Article 5

Business Scope of the Center:

To carry out diagnosis, radiotherapy, scientific research, academic work in respect of tumors and
related diseases as well as other medical services. All activities of the Center shall be in
compliance of the laws and regulations of the People’s Republic of China. All medical treatment
activities of the Center shall observe relevant medical treatment rules and regulations, common
diagnostic operation procedures and quality control standards, as well as relevant requirements of
the Hospital.

Section III Mode of Cooperation

			
	Article 6	 	Contribution by the Parties

	6.1	 	Party B shall be responsible for contributing the fourth phase medical equipment, including:

	6.1.1	 	One set of the three-dimensional stereotactic Gamma Ray Whole-body Treatment System
(Whole-body Gamma Knife); and one set of Siemens image-guided high-energy linear accelerator;
	 
	6.1.2	 	The total investment amount shall be RMB *** (such amount for the invested equipment shall
be wire transferred, before actual payment, by Party B to Party A, which shall then pay it to
the equipment vendor). The specific model and specifications, equipping and price of the
equipment shall be determined as per the actual bidding and
procurement results;
	 
	6.1.3	 	Party B shall advance a payment in the amount of approximately RMB *** in respect of the
construction and furnishing expenses of the equipment room and auxiliary rooms thereof. The
required expenses shall be included into the operating costs of the fourth phase cooperation
project.

	6.2	 	Party A shall be responsible for providing the following:

	6.2.1	 	A premises space of approximately 350 sq. m. for the equipment room and auxiliary room
thereof;
	 
	6.2.2	 	Infrastructure facilities, such as water, electricity, heating and communications, etc.;
	 
	6.2.3	 	Technical personnel and professional personnel; and

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

	6.2.4	 	All the legal permits and licenses required for the business operations of the Center.

	6.3	 	No Party may withdraw the property used for the cooperation project without the consent of
the other Party.

			
	Article 7:	 	Term of Cooperation:

The term of cooperation for the fourth phase equipment contribution shall be ***, commencing from
the date on which the treatment and operation formally begin upon approval by relevant competent
authorities and readiness of the fourth phase equipment contributed by Party B (the specific date
shall be agreed and confirmed in writing by the Parties).

Section IV The Center’s Revenue, Expenses and Profit Allocation

			
	Article 8	 	The Center’s Revenue

The Center’s Revenue shall include all revenues generated from the examination and treatment by
using the equipment contributed for the current phase.

			
	Article 9	 	The Center’s Expenses (the Center’s Operating Costs):

The Center’s expenses shall include the following:

	9.1	 	Costs of human resources: wages of the newly hired personnel of the Center; the bonuses,
welfare benefits, etc. of the Center’s personnel; external experts’ cost and consultation fee;
training cost, education expenses, scientific research expenses, etc.;
	 
	9.2	 	Equipment operation costs: expenses for repair and maintenance of the equipment, costs of
consumptive materials, costs of auxiliary parts, costs for replacement of radiation sources,
etc.;
	 
	9.3	 	Medical related costs: cost of medicines, cost of medical consumptive materials,
sterilization cost, cleansing cost, anaesthetization cost, costs for the handling of medical
disputes, medical indemnity, etc.;
	 
	9.4	 	Office expenses: travel and accommodation cost, entertainment cost, transportation fee,
telephone fee, postal and telecommunication fee, water, electricity and heating charges,
health and hygiene expenses, etc.;
	 
	9.5	 	Advertisement and promotional cost: academic exchange expenses, expenses for expert-related
events, advertising and promotional expenses, expert assistance and service fee, etc.;
	 
	9.6	 	Equipment insurance premium;
	 
	9.7	 	Management fee (***);
	 
	9.8	 	Other expenses: relevant expenses required for the normal operation of the Center.

			
	Article 10	 	Profit Allocation

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

During the Term of Cooperation, the Parties shall allocate the net revenue of the Center (the
Profit of the Center) generated from the fourth phase equipment contributed as follows.

	10.1	 	Three-dimensional stereotactic Gamma Ray Whole-body Treatment System (Whole-body Gamma
Knife):
	 
	 	 	From ***, Party A and Party B shall each obtain *** of the Profit of the Center.
	 
	10.2	 	Siemens image-guided high-energy linear accelerator:
	 
	 	 	From ***, Party A shall obtain *** of the Profit of the Center and
Party B shall obtain *** of the Profit of the Center; and
	 
	 	 	From ***, Party A shall obtain *** of the Profit of the Center and
Party B shall obtain *** of the Profit of the Center.

Section V Management Body of the Center

Article 11

The Center shall establish a management committee and the duties of the management committee shall,
in principle, be dealt with in accordance with the provisions of the original contract. Material
matters such as amendment of the cooperation contract of the Parties shall be subject to the
agreement and confirmation of both Parties.

Section VI Financial Management of the Center

Article 12

The Center shall formulate its financial and management procedures, shall establish a finance
office and shall independently account for its finances, all in accordance with the relevant system
of the State and the administration requirements of the Army.

Article 13

The Center’s medical charges shall be centrally collected by the Hospital on behalf of the Center.
The Hospital shall create a relevant fee charge subject for the Center and the Center’s finance
office shall retain the return receipt copies of fee charge vouchers for its book-keeping purposes
and shall check and settle the accounts with the Hospital as well as remit the relevant profit
allocations on a monthly basis. No Party hereto and no individual shall collect the charges
privately. In the event of any private fee collection, the responsible person shall be imposed a
penalty double the privately collected amount when such allegation has been found true.

Article 14

The Center’s finance personnel shall settlement the accounts on a monthly basis pursuant to the
allocation arrangement as provided herein and the 5th day of each month shall be the
settlement day, on which date the Center and Party A shall jointly verify the income

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

and expenses of the Center. The amount allocable to Party B after deduction of the Center’s
operating costs shall be paid to Party B in a lump-sum within 5 working days of such settlement
day.

Article 15

Considering the special status of Party A, namely, its status as a hospital of the army, the
Center’s equipment shall be reasonably used to provide military servicemen with medical services.
The three-dimensional stereotactic Gamma Ray Whole-body Treatment System (Whole-body Gamma Knife)
will annually provide 15 military servicemen with free treatment, in the event of which the medical
personnel of Party A shall be assured of the appropriateness of the therapy for relevant diseases
and shall escalate such free treatment request to the president of the Hospital for approval
pursuant to relevant procedures before carrying out such free treatment. Should the quota of such
free treatment be exceeded, relevant treatment charges shall be calculated on a cost basis and
shall be borne by Party A. The Siemens image-guided high-energy linear accelerator will, in
accordance with the treatment rules applicable to the existing accelerator, provide free service to
military servicemen on the basis of the needs required of reasonable medical treatment, provided
that, where such equipment is used to carry out the image-guided intensity-modulated radiotherapy,
the medical personnel of Party A must strictly be assured of the appropriateness of the therapy for
relevant diseases and shall escalate such free treatment request to the president of the Hospital
for approval pursuant to relevant procedures before carrying out such free treatment, Such
equipment will annually provide 10 military servicemen with free treatment. Should such quota be
exceeded, relevant treatment charges shall be calculated on a cost basis and shall be borne by
Party A.

Section VII
Rights and Obligations of the Parties

Article 16

Party A’s rights and obligations:

	16.1	 	To study and process, in conjunction with Party B, the organizational set-up and construction
plan of the Center and to attend to the actual construction work of the Center;
	 
	16.2	 	To provide the land required for the premises of the Center, and to put in place the
infrastructure facilities including water, electricity, heating, etc;
	 
	16.3	 	To arrange or recommend such medical, nursing and technical personnel as required for the
operation of the Center and to provide such personnel seconded by Party B or recruited by the
Center with necessary working conditions (among others, the medical and nursing personnel
shall be granted with the medical practice qualification at the Hospital.) ;
	 
	16.4	 	To coordinate the relationship between the Center and the divisions of Party A;
	 
	16.5	 	To handle, with respect to all the equipment of the Center, approval application filings with
relevant authorities in relation to large medical equipment procurement permits, environmental
evaluation, pricing, medical insurance and other procedures as well as work related to the
bidding of the equipment;
	 
	16.6	 	To supervise the medical treatment quality of the Center, to include the Center into the
Hospital’s quality management system, and to implement the review,

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

	 	 	appraisal and incentive and disciplinary matters based on the Hospital’s existing
management system;
	 
	16.7	 	To conduct the maintenance and repair of the equipment in conjunction with Party B; and

	 
	16.8	 	To coordinate for the handling of other matters related to the operation of the Center.

Article 17

Party B’s rights and obligations:

	17.1	 	To handle, in conjunction with Party A, the tendering and procurement work in relation to the
equipment required for the Center pursuant to the subject matter of the contract; coordinate
the transportation, installation and commissioning of the equipment; and provide Party A with
relevant documentation of the procured equipment;
	 
	17.2	 	To assist Party A to submit to the competent health authority approval application filings in
relation to large medical equipment procurement permits and other procedures;
	 
	17.3	 	To make contacts and arrangements in connection with the equipment operation training for the
medical and nursing personnel of the Center;
	 
	17.4	 	To contact or recommend relevant Chinese and foreign medical experts;
	 
	17.5	 	To carry out, in conjunction with Party A, the construction and upgrading work of the
Center’s digital medical treatment network system;
	 
	17.6	 	To assist the Center to carry out the marketing and promotion work;

	 
	17.7	 	To handle other matters entrusted by Party A; and
	 
	17.8	 	During the Term of Cooperation, if Party A needs to further introduce the same type of
equipment, Party B shall have the right of priority.

Section VIII
Ownership and Insurance of Equipment

Article 18

During the Term of Cooperation provided herein, the ownership of the equipment contributed by Party
B to the Center shall belong to Party B. Upon the expiry of the Term of Cooperation, the ownership
of such equipment shall belong to Party A.

Article 19

The ownership of the equipment separately procured by the Center after its establishment with its
revenue shall belong to the Center. Upon the expiry of the Term of Cooperation, the ownership of
such equipment shall belong to Party A.

Article 20

Provided that the performance hereof shall not be affected, Party B shall have the right to
mortgage or transfer the ownership of the equipment contributed by it, provide that, however, the
prior consent of Party A will be required. The carrying out by Party B of such mortgage or
transfer shall not modify Party A’s rights and interests provided herein and Party B shall be
liable to indemnify Party A against any damage suffered by it as a result of such mortgage or
transfer.

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

Article 21

Party B may take out insurance with an insurer in respect of the equipment set out herein, with the
type, value and term of insurance coverage to be determined in accordance with relevant terms of
such insurer, and the insurance beneficiary shall be Party B or a third party designated by Party
B. The insurance contract shall be notified to Party A and a duplicate copy of it shall be kept by
Party A.

Section IX Breach of Contract

Article 22

If a Party fails to perform its obligations or grossly breaches the provisions under the Contract
and thereby prevents the Center from being operated or from achieving the business objectives
hereunder, such Party shall be deemed a breaching Party and shall be deemed to have terminated this
Contract and the non-breaching party shall have the right to claim against the breaching party and
terminate this Contract.

Article 23

If Party A delays to remit and pay the revenue allocable to Party B for over two months, then Party
A shall pay to Party B an overdue fine equal to 0.05% of the late payment amount for each of the
days so delayed, except where such delay has been caused by a force majeure event.

Article 24

Should Party A commit any of the following breaches, Party B shall have the right to terminate this
Contract and Party A shall be obligated to pay breach penalty to Party B.
Such breach penalty shall be equal to: Party B’s total income for the previous year × the remainder
of the Term of Cooperation

	24.1	 	Party A privately and unilaterally terminates earlier or amends this Contract in violation of
the provisions hereof ;
	 
	24.2	 	Party A privately and unilaterally disposes of the equipment invested by Party B (including
but not limited to sale, sub-lease, relocation, transfer, etc.) in violation of the provisions
hereof;
	 
	24.3	 	Without consultation with, and consent of, Party B, Party A remains in arrears with the
payment of any installment of the profit allocable to Party B for more than 6 months or causes
the equipment to cease its normal provision of medical treatment services to patients for more
than 30 days for reasons attributable to Party A (except for equipment failures).
	 
	24.4	 	Party A otherwise grossly violates the provisions hereof.

Article 25

Should Party B commit any of the following breaches, Party A shall have the right to terminate this
Contract and Party B shall be obligated to pay default penalty to Party A.

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

Such default penalty shall be equal to: Party A’s total income for the previous year × the
remainder of the Term of Cooperation

	24.1	 	Party B privately and unilaterally terminates earlier or amends this Contract in violation of
the provisions hereof;
	 
	24.2	 	The carrying out by Party B of a mortgage or transfer in respect of the equipment under this
Contract has a material effect on the rights and interests of Party A;
	 
	24.3	 	Party B otherwise grossly violates the provisions hereof.

Section X Amendment, Extension, Termination and Dissolution of the Contract

Article 26

Any amendment, modification or termination of this Contract and its appendix shall become effective
only if a written instrument has been executed by the Parties hereto upon mutual consultation and
agreement.

Article 27

If the Parties decide to extend the term of cooperation, they shall either enter into a
supplementary agreement for the extension of such term of cooperation 6 months prior to the expiry
of such term of cooperation or shall enter into a separate cooperation contract.

Article 28

If, due to war, natural disasters, force majeure events, or like factors, it becomes impossible to
perform this Contract or use the equipment, the Parties may terminate this Contract earlier without
any liabilities to each other.

Article 29

If, due to reasons attributable to the regulations of the state or local authorities, it becomes
impossible to perform this Contract but the use of the equipment remains unaffected, this Contract
may be terminated earlier, provided that the Parties shall determine a solution through mutual
consultations.

Article 30

If, due to adjustments in the policy of the army, it becomes impossible to perform this Contract
but the use of the equipment remains unaffected, this Contract may be terminated earlier, provided
that Party A shall be obligated to buy back, on an one-off basis, the equipment from Party B and
provided further that the specific terms therefor shall be determined through mutual consultations,
having due regard to the protection of the legal rights and benefits of the Parties.

Section XI Miscellaneous

Article 31

Any dispute arising from the performance hereof shall be resolved through friendly
consultations, failing which such dispute shall be referred to the local court of Beijing for
adjudication.

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CONFIDENTIAL TREATMENT REQUESTED BY CONCORD MEDICAL SERVICES HOLDINGS LIMITED

Article 32

Any notice involving the rights and obligations of either Party shall be in writing and the
addresses set out herein shall be the addresses of the Parties for the receipt of notices.

Article 33

This Contract shall become effective once it is signed and sealed by the Parties.

Article 34

No change to the legal representatives of either Party shall affect the normal performance of this
Contract.

Article 35

Any matter not covered herein may be dealt with by a separate supplementary agreement, which shall
have the same legal force and effect as this Contract.

Article 36

The Appendix hereto shall be an integral part hereof and shall have the same legal force and effect
as this Contract.

Article 37

This Contract shall be made in four originals, with each Party holding two copies, each of which
shall have the same legal force and effect.

Article 38

This Contract is made and entered into in [     ] City on [Day] [Month], 2009

	 	 	 
	Party A: Chinese People’s Liberation
Army Navy General Hospital

	 	Party B: Shenzhen Aohua Medical
Services Company Limited
	 
	 	 
	[corporate seal]

	 	[corporate seal]
	 
	 	 
	Signed by Legal Representative
or Authorized Agent:

	 	Signed by Legal Representative
or Authorized Agent:
	 
	 	 
	(affixed with the seal of The
Chinese People’s Liberation Army
Navy General Hospital and the
signature of Yunyou Duan)

	 	(affixed with the seal of Shenzhen
Aohua Medical Services Co., Ltd. and
the signature of Jun Song)
	 
	 	 
	Date of Execution: 8 July, 2009

	 	Date of Execution: 8 July, 2009

10

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