Core Viewpoint - Haier Group, through its subsidiary Katai Chi Holdings, has acquired approximately 43.0% of Autohome's shares from Ping An's Yunchen Capital for about $1.8 billion, becoming the controlling shareholder of Autohome [3][4]. Group 1: Acquisition Details - The acquisition involves Katai Chi Holdings purchasing 2 billion ordinary shares of Autohome, making it the largest shareholder [3]. - Ping An will retain a 5.1% stake in Autohome through Yunchen Capital and maintain one board seat [3]. - The transaction was officially announced on February 20, with completion confirmed on August 27 [3][4]. Group 2: Management Changes - Following the acquisition, Autohome announced a management restructuring, with former CEO Wu Tao resigning and Yang Song appointed as the new CEO [4]. - Yang Song assured employees that there would be no layoffs or changes to job stability and compensation due to the acquisition [4]. Group 3: Strategic Direction - Yang Song emphasized a strategic shift for Autohome from an automotive vertical media platform to an automotive ecosystem platform in collaboration with Haier and Ping An [4]. - Haier Group's Chief Brand Officer stated that the company is not entering the car manufacturing sector but is focusing on automotive aftermarket services [4]. Group 4: Company Background and Financials - Autohome was founded in 2005 by Li Xiang and is one of China's three major automotive vertical portals [4]. - In the second quarter of 2025, Autohome reported a net revenue of RMB 1.758 billion, down from RMB 1.873 billion in the same period of 2024 [7]. - The net profit attributable to Autohome was RMB 415.7 million, a decrease from RMB 524.8 million year-on-year [7].
豪掷18亿美元，海尔集团成汽车之家控股股东