TOUR - Tuniu executives to purchase up to $2M of ADSs

Tuniu (NASDAQ:TOUR) says that certain senior management members of the company, consisting of Mr. Donald Dunde Yu, founder, chairman and chief executive officer, Mr. Wei Zhang, executive vice president, and Mr. Anqiang Chen, financial controller and certain employees of Tuniu, intend to use their personal funds to purchase the company's American depositary shares on the open market for an aggregate amount up to a maximum of $2M within the next 6 months. "Although the recovery of the overall travel industry has experienced setbacks due to Covid-19, we remain confident in the long-term prospects of both the industry and Tuniu," said Mr. Donald Dunde Yu.

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Tuniu executives to purchase up to $2M of ADSs