Tuniu appoints Anqiang Chen as Financial Controller » 05:4405/2905/29/20
Tuniu announced the…
Tuniu announced the promotion of Mr. Anqiang Chen to the Financial Controller of the Company, effective as of May 31. Tuniu said in a release, "Mr. Chen's responsibilities at Tuniu include corporate finance, tax, funding and internal controls. Ms. Maria Yi Xin, who tendered her resignation as the Company's Chief Financial Officer effective as of May 31, 2020, will continue to serve as a consultant to the Company to assist with the transition. Chen joined Tuniu in March 2010. Prior to the financial controller appointment, Mr. Chen previously served as associate vice president in charge of budgeting and working capital management at Tuniu."
|Over a week ago|
Tuniu receives Nasdaq notice of noncompliance » 06:0905/2205/22/20
Tuniu announced that it…
Tuniu announced that it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market dated on May 18, indicating that for the last 30 consecutive business days, the closing bid price for the Company's American depositary shares, each representing three Class A ordinary shares of the Company, was below the minimum bid price of $1.00 required for continued listing under Nasdaq Listing Rule 5450(a)(1). The company said, "The Nasdaq notification letter does not result in the immediate delisting of the Company's securities. Pursuant to Rule 5810(c)(3)(A) of the Nasdaq Listing Rules, the Company has a compliance period of 180 calendar days to regain compliance with the Nasdaq's minimum bid price requirement. The Notice also stated that given the extraordinary market conditions caused by COVID-19, Nasdaq has determined to toll the compliance periods for the bid price and market value of publicly held shares requirements through June 30. As a result, the tolling and 180 calendar day compliance period will expire on December 28, 2020. If at any time during the tolling period or 180 day compliance period, the closing bid price of the Company's security is at least $1.00 for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance by December 28, 2020, subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180 calendar day compliance period as stated in the Notice. The Notice will have no effect on the operations of the Company's business, and the Company will take all reasonable measures to regain compliance."
|Over a month ago|
Tuniu announces resignation of CFO Maria Yi Xin, effective May 31 » 07:0904/0904/09/20
Tuniu announced that…
Tuniu announced that Maria Yi Xin has tendered her resignation as the company's CFO due to personal reasons, effective as of May 31. Xin will continue to work closely with the company to facilitate a smooth transition before the effective date. The company has initiated a search for a new CFO.
Credit Suisse to hold a conference » 08:2303/1203/12/20
AKAM, CH, CRM, DDOG, FTNT, KP, TOUR, ZM, ZS
2020 Software Investor…
2020 Software Investor Day will be held in New York on March 12.