Tuniu Selects “Mr. Anqiang Chen” as Financial Controller

Tuniu Corporation (NASDAQ:TOUR) indicated a bullish pattern during the past exchanging meeting, reported the expansion of 28.26%, to close at $1.10, and trade hands with the overall exchanged volume of 3.25 million shares. During last exchange, the organization’s base price was $0.89, while it touched its highest price of $1.27. Its market capitalization was $147.25 million. Its beta worth stands at 1.39 times and its earning per share (EPS) was -$0.80. The organization has the total of 123.27 million outstanding shares with 22.30% insider ownership.

Tuniu Corporation (NASDAQ:TOUR) declared the advancement of Mr. Anqiang Chen to the Financial Controller of the Company, compelling as of May 31, 2020. Mr. Chen’s obligations at Tuniu incorporate corporate finance, tax, funding and inside controls. Ms. Maria Yi Xin, who offered her renunciation as the Company’s Chief Financial Officer viable as of May 31, 2020, will keep on filling in as an advisor to the Company to help with the change.

Mr. Chen joined Tuniu in March 2010. Before the financial controller appointment, Mr. Chen recently filled in as partner VP accountable for planning and working capital administration at Tuniu. Mr. Chen has more than 25 years of involvement with account and the executives across different businesses. Mr. Chen holds a MBA from Xi’an University of Technology.

Tuniu is a leading online recreation travel organization in China that offers an enormous choice of bundled visits, including composed and independently directed visits, just as movement related administrations for relaxation explorers through its site tuniu.com and portable stage. Over the three months, Tuniu Corporation (NASDAQ:TOUR)’s shares have declined by -30.82% and in the past one year, it has lost -64.86%. Additionally, the stock’s year to date performance has declined -56.35%. Further, the company is trading at a price to sales ratio of 0.46 and the stock is at a price to book ratio of 0.36.

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