NEW
YORK, Dec. 12, 2023 /PRNewswire/ -- Autohome
Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the
leading online destination for automobile consumers in China, today announced that Mr. Quan Long has stepped down from his position as
the chief executive officer of the Company (the "Chief Executive
Officer") due to his other personal commitments, effective
immediately. Mr. Long will remain in his position as the chairman
of the board of directors of the Company (the "Board"). Dr.
Jing Xiao has also resigned from his
position as a director and a member of the Nominating and Corporate
Governance Committee of the Board due to his other personal
commitments, effective immediately.
The Company is pleased to announce that Mr. Tao Wu has been
appointed as an executive director of the Company and the Chief
Executive Officer, and Ms. Keke
Ding, a current director and member of the Compensation
Committee of the Board, has been appointed as a member of the
Nominating and Corporate Governance Committee of the Board, both
effective immediately.
Mr. Tao Wu has over 28 years of experience in the property and
casualty insurance and automobile services industries. Mr. Wu
currently serves as a director of Ping An Property & Casualty
Insurance Company of China, Ltd.
("Ping An P&C"). Before joining Autohome, he served as an
executive director and a vice general manager of Ping An
P&C. Mr. Wu joined Ping An P&C in September 2001, and held a series of leadership
roles there, including operating director, general manager of the
Guangdong Branch, general manager
of the Auto, Accident & Health Insurance Claims Department,
vice general manager of the Fujian
Branch and vice general manager of the Xiamen Branch. Mr. Wu also served as a vice
president of Autohome from July 2016
to November 2020. Mr. Wu received his
bachelor's degree in automotive engineering from Tsinghua
University in July 1995.
Mr. Quan Long, the chairman of
the Board, stated, "We are delighted to welcome Mr. Tao Wu back to
the team as our executive director and Chief Executive Officer. Mr.
Wu previously spent over four years in a management role at
Autohome and during that time he played a crucial role in leading
the development of our core businesses. We believe that his
leadership and extensive industry experience will be a great asset
to our future development. The Board looks forward to working with
him closely as we enter the exciting next phase of our growth
story."
Mr. Long continued, "On behalf of the Board, I would like to
express our sincere gratitude to Dr. Xiao for his dedication and
his contributions to the Company. We wish him continued success in
all of his future endeavors. I would also like to welcome Ms. Ding
to her new role where I am confident her experience and
perspectives will prove valuable to the Board."
About Autohome Inc.
Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online
destination for automobile consumers in China. Its mission is to relentlessly reduce
auto industry decision-making and transaction costs driven by
advanced technology. Autohome provides occupationally generated
content, professionally generated content, user-generated
content, and AI-generated content, a
comprehensive automobile library, and extensive automobile listing
information to automobile consumers, covering the entire car
purchase and ownership cycle. The ability to reach a large and
engaged user base of automobile consumers has made Autohome a
preferred platform for automakers and dealers to conduct their
advertising campaigns. Further, the Company's dealer subscription
and advertising services allow dealers to market their inventory
and services through Autohome's platform, extending the reach of
their physical showrooms to potentially millions of internet users
in China and generating sales
leads for them. The Company offers sales leads, data analysis, and
marketing services to assist automakers and dealers with improving
their efficiency and facilitating transactions. Autohome operates
its "Autohome Mall," a full-service online transaction platform, to
facilitate transactions for automakers and dealers. Further,
through its websites and mobile applications, it also provides
other value-added services, including auto financing, auto
insurance, used car transactions, and aftermarket services. For
further information, please
visit https://www.autohome.com.cn.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements pursuant to the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will", "expects", "anticipates", "future",
"intends", "plans", "believes", "estimates" and similar statements.
Statements that are not historical facts, including statements
about Autohome's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement. Further information regarding these and other risks is
included in Autohome's filings with the SEC and announcements on
the website of the Hong Kong Stock Exchange. All information
provided in this press release is as of the date of this press
release, and Autohome does not undertake any obligation to update
any forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
In China:
Autohome Inc.
Investor Relations
Sterling Song
Investor Relations Director
Tel: +86-10-5985-7483
E-mail: ir@autohome.com.cn
Christensen China Limited
Suri Cheng
Tel: +86-185-0060-8364
E-mail: suri.cheng@christensencomms.com
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SOURCE Autohome Inc.