Tuniu Announces Appointment of New Administrators | News

NANJING, China, Feb. 9, 2021 /PRNewswire/ — Tuniu Corporation (NASDAQ:TOUR) (“Tuniu” or the “Corporation”), a main on-line leisure journey enterprise in China, now introduced that successful February 9, 2021, Mr. Jiangtao Liu and Mr. Shiwei Zhou ended up appointed as administrators to the Firm’s board of directors, replacing Mr. Shengli Hu and Mr. Tao Yang, who resigned from the board powerful on the exact date. Mr. Jiangtao Liu also changed Mr. Shengli Hu as a member of the Firm’s payment committee. The appointment of Mr. Liu is in relationship with the closing of transactions contemplated beneath the Share Buy Settlement among specified subsidiaries of the two JD.com, Inc. and Caissa Sega Tourism Society Enhancement Group Co., Ltd. on November 20, 2020.

Mr. Jiangtao Liu joined Caissa Group in 2019 and now serves as Chief Govt Officer of Caissa Team, and Chairman of the Board of Caissa Tourism (000796. SZ), an A-share organization listed on the Shenzhen Inventory Exchange. Prior to joining Caissa Team, Mr. Liu served as Vice Chairman of Secoo Team, Executive Director and Senior Vice President of Elion Sources Team and Vice Chairman of HNA Tourism Group Co. Mr. Liu gained a bachelor’s degree in engineering from Nanjing College of Aeronautics and Astronautics and is at the moment pursuing an EMBA diploma in the PBC College of Finance at Tsinghua College.

Mr. Zhou presently serves as Vice President of Corporate Tactic & Expense at Excursion.com (NASDAQ: TCOM), leading the Company’s strategic M&A activity and investments. Mr. Zhou joined Journey.com in November 2015 as the head of its trader relations division. In advance of becoming a member of Excursion.com, Mr. Zhou worked in fairness investigation on both equally the purchase aspect and the promote side in the US, covering the technology, serious estate, and hospitality sectors. Prior to that, he worked in a personal expenditure fund, investing in US true estate property. Mr. Zhou is a Qualified Money Analyst (CFA) and gained an MBA degree from the College of Southern California, a Grasp of Science degree from Columbia College, and a Bachelor of Engineering diploma from Tongji College.

About Tuniu

Tuniu (Nasdaq:TOUR) is a top online leisure travel company in China that gives a large assortment of packaged excursions, like organized and self-guided tours, as nicely as vacation-similar services for leisure travelers by its web-site tuniu.com and cellular platform. Tuniu addresses above 420 departing towns during China and all common destinations throughout the world. Tuniu offers one-end leisure travel answers and a powerful customer practical experience through its on-line platform and offline support network, which include a committed group of specialist customer services representatives, 24/7 contact centers, comprehensive networks of offline retail merchants and self-operated neighborhood tour operators. For extra facts, make sure you stop by http://ir.tuniu.com.

Safe and sound Harbor Statement

This push release contains ahead-looking statements created under the “safe harbor” provisions of Part 21E of the Securities Trade Act of 1934, as amended, and the U.S. Personal Securities Litigation Reform Act of 1995. These ahead-on the lookout statements can be recognized by terminology these types of as “will,” “expects,” “anticipates,” “long term,” “intends,” “programs,” “believes,” “estimates,” “confident” and equivalent statements. Tuniu might also make written or oral ahead-on the lookout statements in its studies filed with or furnished to the U.S. Securities and Trade Fee, in its annual report to shareholders, in push releases and other written supplies and in oral statements manufactured by its officers, administrators or workforce to third get-togethers. Any statements that are not historic details, which includes statements about Tuniu’s beliefs and anticipations, are ahead-wanting statements that involve elements, hazards and uncertainties that could trigger genuine outcomes to differ materially from all those in the forward-looking statements. Such elements and pitfalls incorporate, but are not confined to the following: Tuniu’s objectives and techniques the progress of the on the web leisure vacation market in China the demand from customers for Tuniu’s items and services its relationships with consumers and travel suppliers the Company’s potential to provide competitive travel products and solutions and companies Tuniu’s long term business growth, success of operations and monetary affliction competition in the on the net journey field in China suitable governing administration procedures and laws relating to the Company’s framework, business enterprise and business the effect of the COVID-19 on Tuniu’s business enterprise operations, the travel field and the economy of China and in other places commonly and the basic financial and business ailment in China and elsewhere. Even more information concerning these and other pitfalls, uncertainties or aspects is incorporated in the Company’s filings with the U.S. Securities and Exchange Commission. All data delivered in this push launch is existing as of the day of the push release, and Tuniu does not undertake any obligation to update these types of data, besides as demanded less than applicable regulation.

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