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StocksMedium•20 March 2026•

1 min read

Tuniu Announces ADS Ratio Change and Declares Cash Dividend

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Key Facts

1Tuniu plans to change its ADS ratio from 1 ADS representing 3 Class A shares to 1 ADS representing 30 Class A shares.

2The ratio change will have the same effect as a one-for-ten reverse ADS split.

Tuniu Corporation (NASDAQ: TOUR) has announced a significant adjustment to its American Depositary Share (ADS) ratio. The company plans to transition from one ADS representing three Class A ordinary shares to one ADS representing 30 shares. This move effectively functions as a one-for-ten reverse ADS split, typically aimed at increasing the per-share market price to meet exchange listing requirements. In addition to the structural change, Tuniu's board has declared a cash dividend for its shareholders to reward long-term investors. While reverse splits can sometimes signal past share price weakness, the dividend payout provides a positive counter-signal regarding the company's liquidity. Investors will be monitoring how these dual announcements affect the stock's valuation and institutional interest on the NASDAQ.