Autohome-S shares experienced significant gains during the morning session, rising nearly 7%.

As of the latest update, AUTOHOME-S (ASX: 02518) was up 6.68%, trading at HK$34.48.

The positive movement follows the company's recent disclosure of its first-quarter 2026 financial results, which reported total revenue of 1.05 billion yuan.

In a move to reward shareholders and fulfill its long-term value commitment, the board of directors has approved a cash dividend distribution.

The dividend is set at $0.66 per American Depositary Share or $0.1650 per ordinary share.

This payment, totaling approximately 500 million yuan, will be made in U.S. dollars to holders of record as of the close of business on July 2, 2026.

Earlier this year in April, Autohome held a brand renewal event titled "Trust, Setting Out Anew."

During the event, the company unveiled a refreshed brand logo and a revamped mobile application.

It also officially announced the launch of several initiatives, including a digital human, an AIGC creation competition, and an AI-powered smart assistant.

These steps are aimed at fostering innovation in automotive content and simplifying user decision-making through AI technology.

A highlight of the presentation was the demonstration of progress in deploying its self-developed Cangjie large language model and the AI smart assistant.