Autohome Inc. Announces Cash Dividend
prnewswire.com·2024-05-21 09:30

Core Viewpoint - Autohome Inc. has announced a cash dividend of US$0.5700 per ADS, reflecting strong cash flow and a solid balance sheet, with confidence in future growth prospects [1][3]. Dividend Announcement - The total amount of the dividend will be approximately RMB0.5 billion [2]. - Holders of ordinary shares must register their shares with the Hong Kong branch share registrar by 4:30 p.m. on July 10, 2024, to qualify for the dividend [2]. - The dividend is expected to be paid to ordinary shareholders around August 16, 2024, and to ADS holders around August 21, 2024 [2]. Company Overview - Autohome Inc. is the leading online platform for automobile consumers in China, aiming to reduce decision-making and transaction costs in the auto industry through advanced technology [4]. - The company provides a variety of content types, including user-generated and AI-generated content, and offers extensive automobile listing information [4]. - Autohome's services include dealer subscription and advertising, sales leads, data analysis, and a full-service online transaction platform called "Autohome Mall" [4].