Tuniu Announces Receipt of Minimum Bid Price Notice from Nasdaq

Tuniu Corporation (TOUR) has received notification from Nasdaq that its American depositary shares (ADSs) have traded below the required minimum bid price of $1.00 per share for 30 consecutive business days, placing the company at risk of delisting. Tuniu has been granted a 180-day compliance period, until November 17, 2025, to regain compliance by maintaining a closing bid price of $1.00 or higher for at least ten consecutive business days; the company stated it will take reasonable measures to meet this requirement.

Analysis

Tuniu Corporation (TOUR) has received a formal notification from Nasdaq, dated May 19, 2025, indicating non-compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1), as its American depositary shares (ADSs) closed below US$1.00 for 30 consecutive business days. This development, carrying a negative sentiment score of -0.7 for TOUR and a general market impact score of 0.6, underscores a significant risk. While the notification does not immediately affect Tuniu's ADS listing or trading, nor its business operations, the company is now under a 180-calendar-day compliance period, ending November 17, 2025, to achieve a closing bid price of US$1.00 or higher for at least ten consecutive business days. Tuniu has stated its intention to take all reasonable measures to regain compliance and noted it may be eligible for an additional 180-day period, subject to Nasdaq's determination. This situation directly impacts perceptions of the company's fundamentals and highlights regulatory scrutiny, reflecting the identified themes of "Company Fundamentals" and "Regulation & Legislation."

Key Decisions for Investors

• Investors should closely monitor Tuniu's ADS price performance relative to the US$1.00 threshold and the November 17, 2025 compliance deadline, as failure to regain compliance poses a significant delisting risk.
• Carefully evaluate any corporate actions Tuniu may announce to address the share price deficiency, such as a reverse stock split or substantive strategic initiatives aimed at improving financial performance and investor confidence.
• Given the negative sentiment surrounding TOUR and the material risk of delisting, existing shareholders should reassess their position and risk tolerance, while prospective investors should exercise heightened caution until compliance is demonstrably regained and sustained.