Tuniu Announces Appointment of New Administrators

NANJING, China, Feb. 9, 2021 /PRNewswire/ — Tuniu Company (NASDAQ:TOUR) (“Tuniu” or the “Firm”), a foremost on-line leisure travel organization in China, today introduced that productive February 9, 2021, Mr. Jiangtao Liu and Mr. Shiwei Zhou ended up appointed as directors to the Firm’s board of administrators, changing Mr. Shengli Hu and Mr. Tao Yang, who resigned from the board successful on the same date. Mr. Jiangtao Liu also changed Mr. Shengli Hu as a member of the Company’s payment committee. The appointment of Mr. Liu is in connection with the closing of transactions contemplated below the Share Acquire Arrangement in between sure subsidiaries of equally JD.com, Inc. and Caissa Sega Tourism Tradition Advancement Team Co., Ltd. on November 20, 2020.

Mr. Jiangtao Liu joined Caissa Team in 2019 and at this time serves as Chief Executive Officer of Caissa Group, and Chairman of the Board of Caissa Tourism (000796. SZ), an A-share business detailed on the Shenzhen Stock Trade. Prior to becoming a member of Caissa Team, Mr. Liu served as Vice Chairman of Secoo Team, Govt Director and Senior Vice President of Elion Methods 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 present pursuing an EMBA degree in the PBC College of Finance at Tsinghua College.

Mr. Zhou at present serves as Vice President of Corporate Technique & Investment at Excursion.com (NASDAQ: TCOM), major the Firm’s strategic M&A action and investments. Mr. Zhou joined Trip.com in November 2015 as the head of its investor relations division. Ahead of becoming a member of Journey.com, Mr. Zhou worked in equity study on each the invest in aspect and the sell aspect in the US, masking the know-how, serious estate, and hospitality sectors. Prior to that, he labored in a non-public expenditure fund, investing in US real estate belongings. Mr. Zhou is a Qualified Economic Analyst (CFA) and been given an MBA degree from the University of Southern California, a Master of Science diploma from Columbia University, and a Bachelor of Engineering degree from Tongji College.

About Tuniu

Tuniu (Nasdaq:TOUR) is a primary on-line leisure vacation firm in China that offers a large range of packaged tours, together with organized and self-guided excursions, as perfectly as vacation-connected services for leisure tourists by way of its website tuniu.com and mobile platform. Tuniu covers in excess of 420 departing cities through China and all common places around the world. Tuniu offers one particular-end leisure vacation options and a compelling buyer practical experience via its online system and offline company network, together with a devoted staff of skilled shopper assistance representatives, 24/7 get in touch with facilities, extensive networks of offline retail suppliers and self-operated regional tour operators. For additional facts, please pay a visit to http://ir.tuniu.com.

Protected Harbor Assertion

This push release incorporates ahead-seeking statements made below the “harmless harbor” provisions of Area 21E of the Securities Trade Act of 1934, as amended, and the U.S. Personal Securities Litigation Reform Act of 1995. These ahead-hunting statements can be identified by terminology this sort of as “will,” “expects,” “anticipates,” “long term,” “intends,” “strategies,” “thinks,” “estimates,” “confident” and comparable statements. Tuniu may also make composed or oral ahead-on the lookout statements in its stories submitted with or furnished to the U.S. Securities and Trade Fee, in its once-a-year report to shareholders, in push releases and other penned products and in oral statements created by its officers, directors or personnel to 3rd functions. Any statements that are not historical specifics, together with statements about Tuniu’s beliefs and expectations, are forward-wanting statements that entail variables, pitfalls and uncertainties that could induce true effects to differ materially from those people in the ahead-seeking statements. These kinds of elements and threats include, but are not limited to the subsequent: Tuniu’s objectives and tactics the expansion of the on-line leisure travel sector in China the demand from customers for Tuniu’s products and services its associations with shoppers and travel suppliers the Company’s capacity to provide competitive vacation items and services Tuniu’s foreseeable future company progress, final results of functions and economic affliction opposition in the on the net journey field in China pertinent government guidelines and rules relating to the Company’s composition, organization and business the impression of the COVID-19 on Tuniu’s business operations, the vacation marketplace and the overall economy of China and in other places typically and the normal financial and company condition in China and somewhere else. Even more information and facts about these and other risks, uncertainties or components is incorporated in the Company’s filings with the U.S. Securities and Trade Commission. All data furnished in this push release is present-day as of the day of the press launch, and Tuniu does not undertake any obligation to update these kinds of data, besides as demanded underneath applicable regulation.

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