Autohome Inc. (02518) disclosed its unaudited financial results for the first quarter of 2026. The report indicates the company's total revenue for the quarter was RMB 1.05 billion. In a move to consistently reward shareholders and fulfill its long-term value commitment, and in line with its dividend policy, the board of directors has approved a cash dividend of $0.66 per American Depositary Share (ADS), or $0.1650 per ordinary share. The dividend, payable in U.S. dollars, will be distributed to holders of record of ADSs and ordinary shares as of the close of business on July 2, 2026, with a total payout amounting to approximately RMB 500 million.

On March 5, 2026, the company's board approved a share repurchase plan with an aggregate amount not exceeding $200 million over an 18-month period. As of May 22, 2026, the company had repurchased approximately 3.47 million ADSs for a total consideration of about $62.3 million.

Having operated in the industry for two decades, Autohome has evolved from a primary destination for car browsing into a highly influential automotive information hub in China. As the domestic auto market enters a stage of competition for existing customers, user demand has expanded beyond mere vehicle information queries, with a growing emphasis on end-to-end car purchasing and transaction services. Faced with industry challenges such as rising customer acquisition costs and weak lead conversion, automakers and dealers are eager to move away from traditional traffic procurement models towards more efficient, performance-based services.

Aligning with industry trends, Autohome is comprehensively advancing its transformation into a one-stop transaction service platform. Its business scope has expanded from traditional information services to an integrated platform encompassing "content, transaction, and services," continuously enhancing transaction efficiency and solidifying user trust. The company recently held a successful brand renewal event, unveiling a new logo and an upgraded app. The platform is now further focusing on user scenarios and full-link car purchasing services to precisely match market consumption needs.

This upgrade not only represents a comprehensive refresh of the user experience but also marks a historic shift in the platform's value proposition from an "information intermediary" to "service infrastructure."