NANJING, China, Feb. 9,
2021 /PRNewswire/ -- Tuniu Corporation (NASDAQ:TOUR)
("Tuniu" or the "Company"), a leading online leisure travel company
in China, today announced that
effective February 9, 2021, Mr.
Jiangtao Liu and Mr. Shiwei Zhou were appointed as directors to the
Company's board of directors, replacing Mr. Shengli Hu and Mr. Tao Yang, who resigned from
the board effective on the same date. Mr. Jiangtao Liu also replaced Mr. Shengli Hu as a member of the Company's
compensation committee. The appointment of Mr. Liu is in connection
with the closing of transactions contemplated under the Share
Purchase Agreement between certain subsidiaries of both JD.com,
Inc. and Caissa Sega Tourism Culture Development Group Co., Ltd. on
November 20, 2020.
Mr. Jiangtao Liu joined Caissa
Group in 2019 and currently serves as Chief Executive Officer of
Caissa Group, and Chairman of the Board of Caissa Tourism (000796.
SZ), an A-share company listed on the Shenzhen Stock Exchange.
Prior to joining Caissa Group, Mr. Liu served as Vice Chairman of
Secoo Group, Executive Director and Senior Vice President of Elion
Resources Group and Vice Chairman of HNA Tourism Group Co. Mr. Liu
received a bachelor's degree in engineering from Nanjing University of Aeronautics and
Astronautics and is currently pursuing an EMBA degree in the PBC
School of Finance at Tsinghua University.
Mr. Zhou currently serves as Vice President of Corporate
Strategy & Investment at Trip.com (NASDAQ: TCOM), leading the
Company's strategic M&A activity and investments. Mr. Zhou
joined Trip.com in November 2015 as
the head of its investor relations department. Before joining
Trip.com, Mr. Zhou worked in equity research on both the buy side
and the sell side in the US, covering the technology, real estate,
and hospitality sectors. Prior to that, he worked in a private
investment fund, investing in US real estate assets. Mr. Zhou is a
Certified Financial Analyst (CFA) and received an MBA degree from
the University of Southern California,
a Master of Science degree from Columbia
University, and a Bachelor of Engineering degree from Tongji
University.
About Tuniu
Tuniu (Nasdaq:TOUR) is a leading online leisure travel company
in China that 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 covers
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, including a dedicated team of professional customer
service representatives, 24/7 call centers, extensive networks of
offline retail stores and self-operated local tour operators. For
more information, please visit http://ir.tuniu.com.
Safe Harbor Statement
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "confident" and similar statements. Tuniu may also
make written or oral forward-looking statements in its reports
filed with or furnished to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases
and other written materials and in oral statements made by its
officers, directors or employees to third parties. Any statements
that are not historical facts, including statements about Tuniu's
beliefs and expectations, are forward-looking statements that
involve factors, risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements. Such factors and risks include, but are not limited to
the following: Tuniu's goals and strategies; the growth of the
online leisure travel market in China; the demand for Tuniu's products and
services; its relationships with customers and travel suppliers;
the Company's ability to offer competitive travel products and
services; Tuniu's future business development, results of
operations and financial condition; competition in the online
travel industry in China; relevant
government policies and regulations relating to the Company's
structure, business and industry; the impact of the COVID-19 on
Tuniu's business operations, the travel industry and the economy of
China and elsewhere generally; and
the general economic and business condition in China and elsewhere. Further information
regarding these and other risks, uncertainties or factors is
included in the Company's filings with the U.S. Securities and
Exchange Commission. All information provided in this press release
is current as of the date of the press release, and Tuniu does not
undertake any obligation to update such information, except as
required under applicable law.
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SOURCE Tuniu Corporation