Autohome Inc. announces a change of management

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BEIJING, October 8, 2021 / PRNewswire / – Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”), the leading online destination for automotive consumers in China, announced today that Mr. Xiao wang resigned from his duties as Chief Technology Officer of the Company because of his other personal commitments, with immediate effect. The Board of Directors of the Company has appointed Mr. Bibo Xiang as the new CTO with immediate effect, in charge of the overall technology framework and the development roadmap of the company.

Mr. Xiang has extensive experience in search engines, commercial advertising, recommendation systems, natural language processing, and data mining. Prior to joining Autohome, Mr. Xiang was Senior Vice President of VIPKID and CTO of Koolearn Technology Holding Limited (HKEX: 1797), responsible for the digital transformation of education and training activities. Prior to that, Mr. Xiang worked at Yahoo Search, Taobao Advertising, Shanda online, 360 Search and 360 Commercial Products, where he was responsible for the technology management of search, recommendation and advertising activities. Mr. Xiang received his BS in Computer and Technology from Southwest Jiaotong University in 1999, and his MS in Information Security from Beijing University of Posts and Telecommunications in 2006.

Sir. Quan Long, Chairman and CEO of Autohome, said, “On behalf of Autohome, I am delighted to welcome Mr. Xiang to the team as Autohome CTO. We believe that his vast experience and dedication will strengthen our technological capabilities and continue our quest for innovation. We would also like to thank Mr. Xiao wang for his tremendous efforts and contributions to the Company during his tenure as CTO, particularly in improving our technology infrastructure and the technological components of our services as we continue to cultivate the automotive ecosystem. We respect his decision and wish Xiao continued success in his future endeavors. “

About Autohome Inc.

Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online destination for auto consumers in China. Its mission is to engage, educate and inform consumers on all matters relating to the automobile. Autohome provides Original Generated Content, Professionally Generated Content, User Generated Content and AI Generated Content, Comprehensive Automotive Library, and Complete Automotive Listing Information to Automotive Consumers, covering the entire car purchase and ownership cycle. The ability to reach a large and engaged user base of automotive consumers has made Autohome a preferred platform for automotive manufacturers and dealers to run their advertising campaigns. In addition, 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 dollars. ‘Internet users in China and generate leads for them. The Company provides sales leads, data analytics and marketing services to help automakers and dealerships improve efficiency and facilitate transactions. Autohome operates its “Autohome Mall”, a full-service online transaction platform, to facilitate transactions for automakers and dealerships. In addition, through its websites and mobile apps, it also provides other value-added services including auto financing, auto insurance, used car transactions and aftermarket services. For more information, please visit www.autohome.com.cn.

Safe Harbor Declaration

This press release contains statements that may constitute “forward-looking” statements in accordance with the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as “will” , “” Expects “,” anticipates “,” future “,” intends “,” anticipates “,” believes “,” believes “and similar statements. Among other things, Autohome’s business outlook, Autohome’s strategic and operational plans, and management quotes in this announcement contain forward-looking statements. Autohome may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission (“SEC”), in announcements made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) ), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. 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, including, but not limited to, the following: Autohome’s objectives and strategies; Autohome’s future business development, results of operations and financial condition; the expected growth of the online automotive advertising market in China; Autohome’s ability to attract and retain users and advertisers and further strengthen brand recognition; Autohome’s expectations regarding demand and market acceptance of its products and services; competition in the online automotive advertising industry; relevant government policies and regulatory environment in China; fluctuations in general economic and business conditions in China and the assumptions underlying or related to all of the above. Further information regarding these and other risks is included in Autohome’s filings with the SEC and announcements on the Hong Kong Stock Exchange website. All information provided in this press release is as of the date of this press release, and Autohome assumes no obligation to update any forward-looking statement, except as required by applicable law.

For investor and media inquiries, please contact:

In China:

Autohome Inc.
Investor Relations
Phone. : + 86-10-5985-7483
E-mail: [email protected]

The Piacente Group, Inc.
Jenny Cai
Phone. : + 86-10-6508-0677
E-mail: [email protected]

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Phone: + 1-212-481-2050
E-mail: [email protected]

SOURCE Autohome Inc.

Related links

http://www.autohome.com.cn


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