Company News - BeiGene reported total revenue of approximately $3.845 billion for the first nine months, a year-on-year increase of 43%. Adjusted net profit was approximately $693 million, marking a return to profitability. In Q3, revenue reached $1.412 billion, up 41% year-on-year, with adjusted net profit of approximately $304 million, a 489% increase year-on-year. The growth is primarily attributed to the sales increase of BeiYueZe® in the US and Europe, with the US remaining the largest market for the company. The full-year revenue guidance is set at $5.1 billion to $5.3 billion, reflecting strong growth expectations from BeiYueZe® in the US and continued expansion in Europe and other key global markets [2] - Yidu International Holdings announced an earnings upgrade, expecting a profit attributable to shareholders of approximately HKD 1.2 billion for the first half, representing an increase year-on-year [3] - Hua Hong Semiconductor reported sales revenue of $635 million for Q3 2025, a year-on-year increase of 20.7%. However, net profit decreased by 42.6% to $25.725 million [4] - Autohome's net profit attributable to the parent company for Q3 was approximately RMB 436.6 million, with online marketing and other business revenues increasing by 32.1% year-on-year [5] - Xinyi International reported a cumulative net operating income of approximately HKD 13.981 billion for the first ten months, a year-on-year decrease of about 5.3%, with October revenue at HKD 1.457 billion [6] - Dongfeng Motor Group's cumulative vehicle sales for the first ten months reached 1.501 million units, a year-on-year decline of approximately 1.6%. However, sales of new energy vehicles increased by approximately 37.1% to 421,400 units [7] - China Overseas Land & Investment reported a cumulative contracted property sales amount of approximately RMB 189.165 billion for the first ten months, a year-on-year decrease of 21.3% [8] - Poly Property Group reported a cumulative contracted sales amount of RMB 43.8 billion for the first ten months, a year-on-year decrease of 10.43% [9] - Gemdale reported a cumulative contracted sales amount of approximately RMB 9.125 billion for the first ten months, a year-on-year decrease of 43.93% [10] - Sunac China reported a cumulative contract sales amount of approximately RMB 32.77 billion for the first ten months, a year-on-year decline of 25.1% [11] - Guoyin Financial Leasing plans to purchase 1,198 units of domestic information technology computing equipment for a total consideration of RMB 1.04 billion [12] - Youjia Innovation recently received project designation notifications from a globally renowned automotive group's joint venture and luxury brand, with a total order amount of approximately RMB 320 million [13] - Swire Properties reported a rental rate of 96% for Taikoo Place in Q3, with a rental reduction of 13%. Other Swire properties had an occupancy rate of 90%, with a rental reduction of 15% [14] - Zhongshen Construction Industry plans to acquire 100% equity of Huajian Development Co., Ltd. for approximately HKD 213.6 million [15] - Hard Egg Innovation signed a memorandum of understanding with Huixin Investment to jointly develop an AIoT innovation enterprise incubation platform [16] - Damai Entertainment expects mid-term net profit to increase to no less than RMB 500 million, compared to RMB 337 million last year [17] - Cafe de Coral Group issued a profit warning, expecting mid-term profit attributable to shareholders to decline by 65% to 70% [18] - Qingci Games signed a game licensing transfer agreement with Disney, obtaining authorization to develop and publish the game "Disney: Book of Legends," expected to launch in 2026 across various regions [19] - Now Medical Technology's subsidiary signed a strategic cooperation framework agreement with Medtronic Changzhou to promote clinical applications of real-time navigation tracking endoscopic technology in China [19] - Zhaoke Ophthalmology-B signed a distribution agreement with PT FERRON for the commercialization of BRIMOCHOL PF in Indonesia, receiving an upfront payment and potential milestone payments [19] - Shoujia Technology signed a strategic framework cooperation agreement with Stardust Intelligence, covering the development of humanoid robot tendon and related fields [20] Buyback Dynamics - Helen's decided to exercise its share buyback authorization, planning to repurchase up to 127 million shares [21] - China Feihe repurchased 6.806 million shares for a total of approximately HKD 29.4298 million, with a buyback price of HKD 4.29 to HKD 4.35 [22] - Kintor Pharmaceutical repurchased 1.734 million shares for a total of approximately HKD 26.3078 million, with a buyback price of HKD 14.35 to HKD 15.8 [23] - COSCO Shipping Holdings repurchased 1.53 million shares for a total of approximately HKD 20.9869 million, with a buyback price of HKD 13.57 to HKD 13.84 [24] - Sinopec repurchased 2.398 million H-shares for a total of approximately HKD 10.1066 million, with a buyback price of HKD 4.20 to HKD 4.23 [25]

Financial Data and Key Metrics Changes - Net revenues for Q3 2025 reached RMB 1.78 billion, with media services revenues contributing RMB 298 million, leads generation services revenues at RMB 664 million, and online marketplace revenues increasing by 32.1% year over year to RMB 816 million [12][13] - Cost of revenues in Q3 was RMB 646 million compared to RMB 408 million in Q3 2024, resulting in a gross margin of 63.7%, down from 77% in the same period last year [14] - Operating profit for Q3 was RMB 147 million, up from RMB 83 million in Q3 2024, while adjusted net income attributable to Autohome was RMB 407 million, down from RMB 497 million year over year [15] Business Line Data and Key Metrics Changes - The online marketplace and other revenues increased significantly, while media services revenues continued to decline year over year, although the decline has narrowed [13][28] - Revenues from new energy vehicles (NEVs) grew by 58.6% year over year, indicating strong performance in this segment [10] Market Data and Key Metrics Changes - The average mobile daily active users (DAUs) reached 76.56 million in September 2025, up by 5.1% from the same period last year [9] - The NEV penetration rate exceeded 50% in seven out of the first nine months of 2025, driven by favorable policies [21] Company Strategy and Development Direction - The company is focusing on advancing AI and O2O strategies, enhancing user experience and operational efficiency through AI technology integration [4][10] - The launch of the Autohome Mall marks a significant step in the O2O strategy, aiming to create a comprehensive closed-loop ecosystem for car purchases [7][10] - The company plans to continue driving innovation in products and business models to build a more efficient automotive ecosystem [12][24] Management Comments on Operating Environment and Future Outlook - Management noted that the price war in the auto market is showing signs of easing, with automakers accelerating their intelligent technology efforts [19] - The NEV market remains a core growth driver, despite slower growth compared to the previous year, with expectations for modest and steady growth in 2026 [22][23] - Short-term challenges exist due to policy changes and market pressures, but long-term opportunities remain as intelligent technologies continue to develop [23][24] Other Important Information - The company announced a cash dividend of $1.20 per ADS, fulfilling its commitment to distribute no less than RMB 1.5 billion in dividends for the full year 2025 [17][30] - As of September 30, 2025, the company had cash, cash equivalents, and short-term investments of RMB 21.89 billion [16] Q&A Session Summary Question: Outlook for the 2026 auto market and AI product offerings - Management indicated that the price war is easing, and competition will increasingly focus on technological capabilities rather than just pricing [19][20] - The NEV market is expected to continue growing, with structural adjustments anticipated in consumer purchasing decisions [21][22] Question: Traditional business outlook and shareholder return plans - OEM promotional discounts remain high, impacting media services revenues, which are expected to see a slight year-over-year decline [27][28] - The company has committed to a stable dividend policy and has completed over 70% of its $200 million share repurchase program [30] Question: Gross profit margin trends and energy space stores development - The decline in gross profit margin is attributed to increased upfront investments in innovative businesses, which are expected to yield long-term benefits [31][32] - The development of offline networks aims to improve transaction efficiency and expand sales in low-tier markets [33][34] Question: Outlook for the used car market - The used car market is experiencing rising transaction volumes but falling prices, with operational pressures intensifying due to price wars [36][37] - Despite challenges, positive factors such as trade-in policies are expected to stimulate demand, particularly for NEV used cars [37]

Core Insights - The company reported a total revenue of 1.78 billion RMB for Q3 2025, with an adjusted net profit of 407 million RMB, highlighting a 32.1% year-on-year growth in online marketing and other business revenues, indicating ongoing diversification and service capability enhancement [1] - The CEO emphasized the acceleration of business implementation driven by AI and O2O strategies, with significant progress in content ecology, new energy O2O, and AI technology applications [1] Financial Performance - Total revenue for Q3 2025 was 1.78 billion RMB [1] - Adjusted net profit for the same period was 407 million RMB [1] - Online marketing and other business revenues grew by 32.1% year-on-year [1] Content Ecosystem Development - The company has focused on building a rich content ecosystem by enhancing both professional depth and broad perspectives, achieving dual coverage of global insights and local understanding during major auto shows [2] - The establishment of "Zhijia Media MCN" aims to create a creator matrix centered on automotive content, expanding into technology, tourism, and overseas living [4] - As of September 2025, the mobile daily active user count reached 76.56 million, reflecting a 5.1% year-on-year growth [4] O2O Ecosystem Construction - The company is developing an integrated online and offline service ecosystem to cover the entire car purchasing process, from selection to delivery and after-sales [6] - The newly launched "Automobile Home Mall" aims to provide a transparent and convenient digital car purchasing channel, with over 3,000 orders recorded during the trial run [8] - The company plans to officially launch mall operations during the "Double Eleven" shopping festival, further integrating industry resources for a more efficient car buying experience [8] AI Technology Integration - AI technology has been deeply applied across various business segments, with a comprehensive upgrade of the "AI Assistant" enhancing user decision-making processes [10] - The company hosted the first Global AI Technology Conference, showcasing advancements in automotive intelligence and fostering industry collaboration [10] - The launch of the "Tianshu Intelligent Service Platform" aims to reshape collaboration among users, platforms, and ecosystem partners, marking a strategic upgrade from an information platform to an industry intelligence hub [12] Future Outlook - The company is committed to continuous innovation and sustainable growth, focusing on technology investment, optimizing business structure, and expanding partner networks to empower the digital transformation of the automotive industry [14]

Core Insights - The company reported a total net revenue of RMB 1.778 billion for Q3 2025, with a net profit attributable to the company of RMB 436.6 million and an adjusted net profit of RMB 406.9 million [1] - The board has approved a cash dividend of USD 1.20 per American Depositary Share (or USD 0.30 per ordinary share) [1] Group 1 - The CEO highlighted the ongoing implementation of the artificial intelligence and online-to-offline (O2O) strategy, which has significantly enhanced user experience and operational efficiency [1] - The trial operation of the Auto Home Mall in September marked a significant milestone, showcasing progress in the O2O strategy and further developing the new retail business model [1] - The CFO noted that the company achieved a 5.1% year-on-year increase in daily active users on mobile platforms, reaching 76.56 million in September, driven by diversified content and a robust interactive ecosystem [1] Group 2 - Online marketing and other business revenues grew by 32.1% year-on-year in Q3, primarily due to strong contributions from the new retail business [1] - The company aims to create a more efficient automotive ecosystem service system through continuous product and business model innovation, contributing to sustainable value for the industry [1]

Core Insights - The company reported a total net revenue of RMB 1.778 billion for Q3 2025, with a net profit attributable to the company of RMB 436.6 million and an adjusted net profit of RMB 406.9 million [1] - The board approved a cash dividend of USD 1.20 per American Depositary Share (or USD 0.30 per ordinary share) [1] Group 1: Business Strategy and Developments - The company is advancing its artificial intelligence and online-to-offline (O2O) integration strategy, enhancing user experience and operational efficiency [1] - The trial operation of the company's mall in September marked a significant milestone, showcasing progress in the O2O strategy and further developing the new retail business model [1] Group 2: Financial Performance and User Growth - The company achieved a 32.1% year-on-year increase in online marketing and other business revenues in Q3, driven by strong contributions from the new retail business [1] - The daily active users on the mobile platform reached 76.56 million in September, reflecting a 5.1% year-on-year growth [1]

Core Viewpoint - The company, AutoHome Inc. (S, 02518), announced a cash dividend of $0.3 per share to be distributed on February 12, 2026 [1] Group 1 - The cash dividend reflects the company's commitment to returning value to its shareholders [1] - The announcement indicates the company's financial stability and confidence in future performance [1]

Group 1 - The company, Autohome Inc. (02518), announced a cash dividend of $0.3 per share to be distributed on February 12, 2026 [1]

Financial Performance - For Q3 2025, Autohome Inc. reported total net revenue of RMB 1,778.1 million (USD 249.8 million), a slight increase from RMB 1,774.5 million in Q3 2024[9]. - The net profit attributable to Autohome Inc. for Q3 2025 was RMB 436.6 million (USD 61.3 million), compared to RMB 441.3 million in the same period last year, reflecting a decrease of 1.5%[18]. - Adjusted net profit (non-GAAP) for Q3 2025 was RMB 406.9 million (USD 57.2 million), down from RMB 497.2 million in Q3 2024[9]. - Operating profit for Q3 2025 was RMB 147.0 million (USD 20.7 million), an increase from RMB 82.6 million in Q3 2024[16]. - In Q3 2025, net profit attributable to ordinary shareholders was RMB 419.4 million (USD 58.9 million), slightly down from RMB 425.7 million in Q3 2024[19]. - Basic and diluted earnings per share for Q3 2025 were RMB 0.89 (USD 0.13), compared to RMB 0.88 and RMB 0.87 in Q3 2024[19]. - Adjusted basic and diluted earnings per share for Q3 2025 were RMB 0.87 (USD 0.12) and RMB 0.86 (USD 0.12), respectively, compared to RMB 1.02 in Q3 2024[20]. Revenue and Growth - Daily active users on mobile platforms reached 76.56 million in September 2025, representing a year-over-year growth of 5.1%[10]. - Online marketing and other business revenues grew by 32.1% year-over-year in Q3 2025, driven by strong contributions from the new retail business[10]. Expenses and Costs - Operating costs for Q3 2025 were RMB 646.0 million (USD 90.7 million), significantly higher than RMB 407.7 million in Q3 2024, primarily due to increased transaction costs from expanding into lower-tier markets[12]. - Research and development expenses for Q3 2025 were RMB 278.6 million (USD 39.1 million), down from RMB 339.2 million in the same quarter last year, mainly due to reduced personnel-related costs[15]. Dividends and Share Repurchase - The company approved a cash dividend of USD 1.20 per American depositary share, totaling approximately RMB 1 billion, with total declared cash dividends for 2025 reaching RMB 1.5 billion[9]. - The company has repurchased 5,483,238 American depositary shares for a total amount of approximately USD 145.9 million as of October 31, 2025[9]. Cash Flow and Assets - As of September 30, 2025, cash and cash equivalents totaled RMB 21.89 billion (USD 3.08 billion) with net cash flow from operating activities at RMB 66.6 million (USD 9.4 million)[21]. - Total assets increased to RMB 30,221,625 as of December 31, 2024, up from RMB 28,773,351 as of September 30, 2024, representing a growth of 5.0%[37]. - Cash and cash equivalents decreased to RMB 1,693,597 from RMB 3,012,339, a decline of 43.7%[37]. - Short-term investments rose to RMB 21,621,992, an increase of 14.6% compared to RMB 18,880,945 in the previous quarter[37]. - Total current assets reached RMB 25,163,851, an increase of 6.2% from RMB 23,690,755[37]. Liabilities and Equity - Total liabilities increased to RMB 5,020,975, up 45.3% from RMB 3,451,212[37]. - Current liabilities surged to RMB 4,529,794, a significant increase of 53.0% from RMB 2,959,042[37]. - Total equity stood at RMB 23,269,121, slightly up from RMB 23,249,006, indicating a marginal growth of 0.09%[37]. Future Outlook and Strategy - The company aims to leverage technology to reduce decision-making and transaction costs in the automotive industry[26]. - The company utilizes non-GAAP financial metrics to provide a clearer picture of its financial performance, excluding certain expenses[28]. Employee and Conference Information - Total employees as of September 30, 2025, numbered 4,259, including 1,206 from Tian Tian Pai Che[23]. - The earnings conference call is scheduled for November 6, 2025, at 7:00 AM ET[24].

第 2 頁 共 2 頁 v 1.1.1 EF001 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | Autohome Inc. | | 股份代號 | 02518 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 宣派及派付現金分紅 | | 公告日期 | 2025年11月6日 | | 公告狀態 | 新公告 | | 股息信息 | | | 其他 | | | 股息類型 | 普通分紅 | | 股息性質 | 普通股息 | | 財政年末 | 不適用 | | 宣派股息的報告期末 | 不適用 | | 宣派股息 | 每 股 0.3 USD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.3 USD | | 匯率 | 1 USD : 1USD | ...

Core Insights - The article highlights the financial performance of Autohome in Q3 2025, reporting total revenue of 1.78 billion RMB and an adjusted net profit of 407 million RMB, with online marketing and other business revenues growing by 32.1% year-on-year [1] - The CEO emphasizes the company's focus on AI and O2O strategies, indicating significant progress in content ecology, new energy O2O, and AI technology applications [1] Financial Performance - Total revenue for Q3 2025 reached 1.78 billion RMB [1] - Adjusted net profit was reported at 407 million RMB [1] - Online marketing and other business revenues increased by 32.1% year-on-year [1] Business Strategy - The company is accelerating its business implementation driven by AI and O2O, collaborating with partners like Katai and Ping An Insurance to explore emerging business areas [1] - Autohome aims to create a more efficient and intelligent automotive ecosystem service system [1] Content Ecosystem Development - Autohome is enhancing its content ecosystem by focusing on both professional depth and broad perspectives, aiming to retain users and build trust [1] - The establishment of "Zhijia Media MCN" aims to create a matrix of creators centered on automotive content, expanding into technology, travel, and overseas living [2] - The platform has gathered over 200 high-quality creators across various verticals, enhancing user engagement [2] O2O Service Ecosystem - Autohome is building an integrated online and offline service ecosystem to cover the entire car purchasing process [3] - The launch of the new "Autohome Mall" aims to provide a transparent and convenient digital car purchasing channel [5] - As of early October, the Autohome Mall has surpassed 3,000 orders, indicating strong growth potential [5] AI Technology Integration - AI technology is deeply integrated into various business segments, with upgrades to the "AI Assistant" enhancing user decision-making [6] - The launch of the "Tianshu Intelligent Service Platform" aims to transform the relationship between users, the platform, and ecosystem partners [7] - The "AI Car Inspection Expert" has achieved industry-leading accuracy in vehicle valuation [7] Future Outlook - Autohome plans to continue its transition from a content-driven platform to an ecosystem-empowering platform, focusing on technological investment and optimizing business structure [8] - The company aims to create smarter, more convenient, and trustworthy automotive life service experiences for users [8]