Exhibit 99.1
Autohome Inc. Announces CEO and Board Changes
NEW YORK, December 12, 2023 – 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.