Tuniu Corporation (Nasdaq: TOUR), an online leisure travel company in China, has announced that certain senior management members of Tuniu, consisting of Donald Dunde Yu, co-founder, chairman and chief executive officer, Maria Yi Xin, chief financial officer, Shihong Chen, chief technology officer, and Wei Zhang, executive vice president, intend to use their personal funds to purchase the company´s American depositary shares (“ADS”) on the open market, the company said.
They plan to spend an aggregate amount up to a maximum of USD 2 million within the next 6 months.
Tuniu offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu has over 2,000,000 stock keeping units (SKUs) of packaged tours, covering over 420 departing cities throughout China and all popular destinations worldwide. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network. For more information, visit http://ir.tuniu.com.