Autohome Inc. announced on August 27, 2025, the completion of the share transfer to CARTECH HOLDING COMPANY, a subsidiary of Haier Group Corporation. CARTECH acquired 200,884,012 ordinary shares, representing approximately 43.0% of Autohome's total issued and outstanding shares, thereby becoming the new controlling shareholder. Yun Chen Capital Cayman, a subsidiary of Ping An, now holds approximately 5.1% of the shares and has ceased to be the controlling shareholder.
Following the completion of the share transfer, significant changes to Autohome's leadership and board of directors took effect. Mr. Song Yang resigned as a director and Chief Executive Officer, transitioning to the role of Senior Vice President. Ms. Keke Ding and Dr. Fan Lu also resigned from their director positions.
The company appointed Mr. Chi Liu as the new chairman of the Board, Director, and Chief Executive Officer. Mr. Liu brings over 20 years of corporate management experience and also serves on the Board of Directors of Haier Group. Additionally, Mr. Haishan Liang, Ms. Cuimei Zhang, Mr. Shenglei Zhou, and Mr. Xing Fang were appointed as new Directors, and a Compliance Management Committee was formed to oversee the company's compliance and risk management systems.
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