Chen Anqiang 4

What Happened
Chen Anqiang, Financial Controller of Tuniu Corp (TOUR), purchased a total of 19,600 American Depositary Shares (ADS) in two transactions: 16,800 ADS on 2026-03-20 at $0.73 each ($12,224) and 2,800 ADS on 2026-03-23 at $0.72 each ($2,030). The combined outlay reported in the filing is $14,254. Each ADS represents three Class A ordinary shares, so these purchases equal 58,800 underlying Class A shares. The Form 4 lists the transactions as purchases (code P), which are generally seen as more informative to investors than routine sales.

Key Details

• Transaction dates and prices: 2026-03-20 — 16,800 ADS @ $0.73 ($12,224); 2026-03-23 — 2,800 ADS @ $0.72 ($2,030).
• Total acquired: 19,600 ADS (equivalent to 58,800 Class A ordinary shares) for $14,254.
• Transaction type: Purchases (open market or private purchase per the filing).
• Footnote: The filing notes a weighted-average price disclosure — purchases were executed at prices ranging from $0.7044 to $0.7358 per ADS; the reporting person can provide a breakdown on request.
• Shares owned after transaction: Not stated in the information provided (not disclosed here).
• Filing timeliness: Form 4 was filed on 2026-03-24 covering trades on 2026-03-20 and 2026-03-23; this filing appears timely under standard two-business-day reporting rules.

Context

• These are direct purchases by an executive — purchases can be interpreted as a personal investment signal, but they do not by themselves prove future company performance.
• Amounts are relatively small in dollar terms ($14k total), so this is a modest insider buy rather than a large stake accumulation.