What restricted share awards are reported for Xu Liangjie in Tuniu Corp (TOUR)?

The filing reports two restricted share positions for Xu Liangjie. They are each tied to Class A ordinary shares: one award covers 2,499 underlying shares and the other covers 2,547, providing contingent rights to receive those shares upon settlement events.

Tuniu director Xu Liangjie reports initial holdings

Q: What does the Form 3 filing by Xu Liangjie for Tuniu Corp (TOUR) show?

The Form 3 shows director Xu Liangjie reporting his existing ownership in Tuniu Corp. It lists his direct holdings of American depositary shares and restricted share awards linked to Class A ordinary shares, establishing a baseline of his equity interest as an insider.

Q: How many American depositary shares does Xu Liangjie hold in Tuniu Corp (TOUR)?

Xu Liangjie holds 38,318 American depositary shares of Tuniu Corp. These ADSs represent a larger number of underlying Class A ordinary shares, because each ADS corresponds to three Class A ordinary shares according to the footnotes in the ownership report.

Q: What is the relationship between Tuniu Corp (TOUR) ADSs and Class A ordinary shares?

Each Tuniu Corp American depositary share represents three Class A ordinary shares. This means the ADSs trade as a bundled form of the underlying Class A shares, simplifying international ownership while preserving the economic exposure to the ordinary equity.

Q: Do Xu Liangjie’s restricted shares in Tuniu Corp (TOUR) give immediate ownership of Class A shares?

The restricted shares provide a contingent right rather than immediate ownership of Class A shares. Each restricted share converts into one Class A ordinary share only upon settlement, typically after vesting or service conditions specified in the award are satisfied.

Tuniu Corp director Xu Liangjie has filed an initial ownership report showing his current stake in the company.

Accepted by SEC EDGAR 03/12/2026 - 06:13 AM EDT

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Tuniu Corp director Xu Liangjie has filed an initial ownership report showing his current stake in the company. The filing lists direct holdings of 38,318 American depositary shares and two restricted share awards tied to 2,499 and 2,547 Class A ordinary shares, respectively. Each ADS represents three Class A ordinary shares, and each restricted share represents a contingent right to receive one Class A ordinary share upon settlement.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Xu Liangjie

Role Director

Type	Security	Shares	Price	Value
Holding	Restricted Share	--	--	--
Holding	Restricted Share	--	--	--
Holding	American depositary share	--	--	--

Holdings: Restricted Share — 5,046 contracts (Direct); American depositary share — 38,318 shares (Direct)

Footnotes (2)

F1. Each American depositary share ("ADS") represents three Class A ordinary shares, par value US$0.0001 per share, of the Issuer.
F2. Each Restricted Share represents a contingent right to receive one Class A Ordinary Share upon settlement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing by Xu Liangjie for Tuniu Corp (TOUR) show?

The Form 3 shows director Xu Liangjie reporting his existing ownership in Tuniu Corp. It lists his direct holdings of American depositary shares and restricted share awards linked to Class A ordinary shares, establishing a baseline of his equity interest as an insider.

How many American depositary shares does Xu Liangjie hold in Tuniu Corp (TOUR)?

Xu Liangjie holds 38,318 American depositary shares of Tuniu Corp. These ADSs represent a larger number of underlying Class A ordinary shares, because each ADS corresponds to three Class A ordinary shares according to the footnotes in the ownership report.

What is the relationship between Tuniu Corp (TOUR) ADSs and Class A ordinary shares?

Each Tuniu Corp American depositary share represents three Class A ordinary shares. This means the ADSs trade as a bundled form of the underlying Class A shares, simplifying international ownership while preserving the economic exposure to the ordinary equity.

Do Xu Liangjie’s restricted shares in Tuniu Corp (TOUR) give immediate ownership of Class A shares?

The restricted shares provide a contingent right rather than immediate ownership of Class A shares. Each restricted share converts into one Class A ordinary share only upon settlement, typically after vesting or service conditions specified in the award are satisfied.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Xu Liangjie

(Last)

(First)

(Middle)

12011 MAGNOLIA COURT

(Street)

SARATOGA

95070

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/12/2026

3. Issuer Name and Ticker or Trading Symbol
Tuniu Corp [ TOUR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American depositary share⁽¹⁾	38,318	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Share	04/09/2026	05/09/2032	Class A Ordinary Share	2,499	⁽²⁾	D
Restricted Share	05/09/2026	05/09/2032	Class A Ordinary Share	2,547	⁽²⁾	D

Explanation of Responses:

1. Each American depositary share ("ADS") represents three Class A ordinary shares, par value US$0.0001 per share, of the Issuer.

2. Each Restricted Share represents a contingent right to receive one Class A Ordinary Share upon settlement.

	/s/ Liangjie Xu	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR