Tuniu announces ADS ratio change

Tuniu (TOUR) announced that it plans to change the ratio of its American depositary shares to its Class A ordinary shares, from the current ratio of one ADS representing three Class A ordinary shares to a new ratio of one ADS representing 30 Class A ordinary shares. For the company’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-ten reverse ADS split. The company anticipates that the ADS Ratio Change will be effective on or about April 22.