BEIJING, May 21, 2024
/PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome"
or the "Company"), the leading online destination for automobile
consumers in China, today
announced that the Company's board of directors (the "Board") has
approved a cash dividend of US$0.5700
per ADS (or US$0.1425 per ordinary
share) payable in U.S. dollars (the "Dividend") to holders of ADSs
and ordinary shares of record as of the close of business on
July 10, 2024, New York Time and
Beijing/Hong Kong Time,
respectively.
The aggregate amount of the Dividend will be approximately
RMB0.5 billion. For holders of
ordinary shares, in order to qualify for the Dividend, all valid
documents for the transfer of shares accompanied by the relevant
share certificates must be lodged for registration with the
Company's Hong Kong branch share
registrar, Computershare Hong Kong Investor Services Limited, at
Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road
East, Wanchai, Hong Kong no later
than 4:30 p.m. on July 10, 2024 (Beijing/Hong Kong Time). The Dividend is
expected to be paid to holders of ordinary shares on or around
August 16, 2024 and to holders of
ADSs (through the depositary bank and subject to the terms of the
deposit agreement) on or around August 21,
2024.
Mr. Craig Yan Zeng, Chief
Financial Officer of the Company, commented, "We are pleased to
announce this cash dividend which directly reflects the strong cash
flow our business continues to generate and our solid balance
sheet. Looking forward, we are confident in our future growth
prospects and are committed to delivering value to all
shareholders."
About Autohome Inc.
Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online
destination for automobile consumers in China. Its mission is to relentlessly reduce
auto industry decision-making and transaction costs driven by
advanced technology. Autohome provides occupationally generated
content, professionally generated content, user-generated content,
and AI-generated content, a comprehensive automobile library, and
extensive automobile listing information to automobile consumers,
covering the entire car purchase and ownership cycle. The ability
to reach a large and engaged user base of automobile consumers has
made Autohome a preferred platform for automakers and dealers to
conduct their advertising campaigns. Further, the Company's dealer
subscription and advertising services allow dealers to market their
inventory and services through Autohome's platform, extending the
reach of their physical showrooms to potentially millions of
internet users in China and
generating sales leads for them. The Company offers sales leads,
data analysis, and marketing services to assist automakers and
dealers with improving their efficiency and facilitating
transactions. Autohome operates its "Autohome Mall," a full-service
online transaction platform, to facilitate transactions for
automakers and dealers. Further, through its websites and mobile
applications, it also provides other value-added services,
including auto financing, auto insurance, used car
transactions, and aftermarket services. For further information,
please visit https://www.autohome.com.cn.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements pursuant to the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will", "expects", "anticipates", "future",
"intends", "plans", "believes", "estimates" and similar statements.
Statements that are not historical facts, including statements
about Autohome's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement. Further information regarding these and other risks is
included in Autohome's filings with the SEC and announcements on
the website of the Hong Kong Stock Exchange. All information
provided in this press release is as of the date of this press
release, and Autohome does not undertake any obligation to update
any forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
In China:
Autohome Inc.
Investor Relations
Sterling Song
Investor Relations Director
Tel: +86-10-5985-7483
E-mail: ir@autohome.com.cn
Christensen China Limited
Suri Cheng
Tel: +86-185-0060-8364
E-mail: suri.cheng@christensencomms.com
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SOURCE Autohome Inc.