Core Viewpoint - The success of Autohome has provided the opportunity for Li Xiang to enter the smart car startup space, emphasizing the importance of focusing on user value and executing fundamental tasks effectively [2][3]. Group 1: Autohome's Success Factors - Autohome captured 90% of the industry's profits by focusing on user value rather than competition, using traffic as a key performance indicator [2]. - The company prioritized high-quality real car images over official manufacturer photos, which significantly improved user engagement [13][14]. - Autohome's commitment to daily updates, including weekends and holidays, set it apart from competitors, who failed to match this level of execution [17][18]. Group 2: Strategic Shifts in Smart Vehicle Development - The transition to the embodied intelligence era for Li Auto is marked by three key milestones, including public commitments to becoming a leading company in this field [4][5][6]. - The organizational structure of Li Auto will fundamentally change, integrating teams for collaborative design, contrasting with past practices of separate software and hardware development [6]. Group 3: Lessons from Early Challenges - The initial years of Autohome were characterized by significant challenges, including a lack of resources and industry connections, which were overcome through innovative strategies [11][12]. - The first three battles fought by Autohome were crucial in establishing its market position, focusing on real-time updates and original content [30][31][34].

Group 1 - The company has announced a "2026 New Retail Strategy" aiming to establish 1,000 new retail franchise stores across eight major regions in China to enhance the integration of online and offline digital ecosystems [3] - Collaboration with Haier Group and Kataychi is expected to further unlock value and strengthen the "content + transaction + service" closed-loop, enhancing cross-scenario collaboration capabilities [4] - As of Q3 2025, the company reported a net revenue of 1.778 billion yuan and a net profit of 436.6 million yuan, with a cash dividend of 1.20 USD per American Depositary Share (ADS), indicating strong cash flow [5] Group 2 - The online marketing and other business revenues grew by 32.1% year-on-year, with the new retail business becoming a major growth driver, while traditional media service revenues face competitive pressure [5] - As of September 2025, the daily active users on mobile platforms reached 76.56 million, reflecting the effectiveness of content ecosystem development with a year-on-year growth of 5.1% [7] - The automotive industry policies in 2026, such as trade-in subsidies and new national standards for battery safety, may indirectly impact the business environment, necessitating attention to the policies' effects on consumer demand [6]

Core Viewpoint - The article highlights the evolving nature of the Chinese Spring Festival, emphasizing the increasing mobility and diverse experiences associated with it, particularly through the lens of self-driving and the growing automotive culture in China [4][10][15]. Group 1: Changing Spring Festival Experiences - The article discusses how modern Spring Festival experiences have shifted from static family gatherings to more dynamic and mobile celebrations, with individuals exploring new traditions and local cultures during their travels [6][7]. - The narrative includes personal stories of individuals who have embraced self-driving as a means to enhance their holiday experiences, showcasing the joy and discovery that comes with traveling home [3][4][8]. Group 2: Automotive Growth and Cultural Impact - The article notes that by 2025, China's vehicle ownership is projected to reach 469 million, with 366 million being cars, indicating a significant increase in accessibility and integration of automobiles into daily life [10]. - The rise in car ownership has transformed vehicles from luxury items into essential components of everyday life, reflecting a shift in societal values and lifestyle [10][15]. Group 3: Automotive Industry Response - The "Super Ji Discovery - Warm Return Plan" launched by Autohome during the 2026 Spring Festival is presented as a response to the evolving needs of consumers and the automotive market, showcasing the platform's ability to adapt and innovate [11][20]. - The initiative aims to provide a comprehensive experience that goes beyond just the vehicle, tapping into the emotional and cultural significance of the Spring Festival [11][20]. Group 4: User-Centric Content and Engagement - The article emphasizes the importance of understanding user needs and market trends, with Autohome leveraging its extensive content and operational capabilities to create engaging experiences for users [12][19]. - The focus on user engagement and content diversity is seen as crucial for fostering loyalty and meeting the growing demand for integrated automotive and lifestyle experiences [19][20].

Core Insights - The company is accelerating its "2026 New Retail Strategy," aiming to establish 1,000 new retail franchise stores across eight major regions in China and is initiating talent recruitment for its "E-commerce Combat Organization" to deepen its transformation into a digital ecosystem platform [1] Group 1: Strategic Initiatives - The collaboration with Haier Group and Kataychi is expected to further unlock value, focusing on the construction of a closed-loop system centered around "content + transaction + service," aiming to enhance cross-scenario collaboration capabilities [2] Group 2: Financial Performance - In Q3 2025, the company achieved a net revenue of 1.778 billion yuan and a net profit of 436.6 million yuan, distributing a cash dividend of 1.20 USD per American Depositary Share (ADS). Online marketing and other business revenues grew by 32.1% year-on-year, with the new retail business becoming a growth engine, although media service revenue faces competitive pressure [3] Group 3: Industry Policies and Environment - The 2026 automotive industry policies, such as the old-for-new subsidy and the implementation of new national standards for battery safety, may indirectly impact the business environment for the company [4]

Core Viewpoint - The company, Autohome Inc. (02518.HK), will hold a board meeting on March 5, 2026, to approve its unaudited financial results for the three months and the full year ending December 31, 2025 [1] Group 1 - The board meeting is scheduled for Thursday, March 5, 2026, Hong Kong time [1] - The meeting will include discussions on the company's financial performance for the three months and the full year ending December 31, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何 責任。 承董事會命 Autohome Inc. 董事及首席執行官 劉斥先生 Autohome Inc. 汽車之家* （於開曼群島註冊成立的有限公司） （股份代號：2518） Autohome Inc.（「本公司」）董事會（「董事會」）將於2026年3月5日（星期四）（香港時間）舉行 董事會會議，並將於會上批准本公司及其附屬公司截至2025年12月31日止三個月及全年 的未經審計財務業績及公告（「業績」）等議案。本公司將於2026年3月5日（星期四）（香港 時間）香港聯合交易所有限公司交易時段後及美國股市開市前於香港聯合交易所有限公 司網站https://www.hkexnews.hk及本公司網站https://ir.autohome.com.cn公佈該業績。 註冊鏈接：https://register-conf.media-server.com/register/BIdfc55c5793964417869b4d3 ...

Core Viewpoint - Autohome Inc. will announce its financial results for the fourth quarter and full year of 2025 on March 5, 2026, before U.S. markets open [1] Group 1: Financial Results Announcement - The financial results will cover the period ending December 31, 2025 [1] - An earnings conference call is scheduled for March 5, 2026, at 7:00 AM U.S. Eastern Time [1] - Participants must register in advance to receive dial-in numbers and a personal PIN for the conference call [1] Group 2: Company Overview - Autohome Inc. is a leading online platform for automobile consumers in China, providing a wide range of content and services related to the automotive industry [1] - The company offers various types of content, including occupationally-generated, professionally-generated, user-generated, and AI-generated content [1] - Autohome's services include dealer subscriptions, advertising, sales leads, data analysis, and marketing services to enhance efficiency for automakers and dealers [1] - The company operates "Autohome Mall," a full-service online transaction platform, and provides additional services such as auto financing, insurance, used car transactions, and aftermarket services [1]

Core Viewpoint - The company is accelerating its 2026 strategy focusing on new retail and ecosystem collaboration, marking a significant shift towards a digital ecosystem platform that integrates online and offline services [1] Group 1: Company Project Advancement - In February 2026, the company announced its "2026 New Retail Strategy," aiming to establish 1,000 new retail franchise stores across eight major regions within a year to enhance automotive consumer services [2] - The strategy signifies a deepening transition from a vertical media company to a digital ecosystem platform [2] Group 2: Business and Technology Development - The company continues to integrate artificial intelligence with its O2O strategy, with online marketing and other business revenues increasing by 32.1% year-on-year in Q3 2025, making new retail a key growth driver [3] - Future collaborations with Haier Group and Kartach are expected to further unlock ecosystem value [3] Group 3: Financial Status - In Q3 2025, the company reported a net revenue of 1.778 billion yuan and a net profit of 436.6 million yuan, while also distributing a cash dividend of 1.20 USD per American depositary share [4] - The company signals strong cash flow through high dividends and stock buybacks [4]

Group 1 - MSCI announced its quarterly index adjustments for February 2026, effective after the market close on February 27 [2][3] - The MSCI Global Small Cap Index will include 21 new stocks from the China region, such as Anjuke Food (603345), AutoHome (ATHM.US), and Baiaosaitu (02315) [2][3] - The adjustments also include the addition of stocks from Hong Kong, such as Champion REIT (02778) and Longjiang Life Science Technology (00755) [3][4] Group 2 - Stocks removed from the MSCI Global Small Cap Index include Yasheng Service (03319), BOE Technology Group (00710), and Chaince Digital (CD.US) [2][3] - In Hong Kong, stocks like Cafe de Coral (00341) and SuperX AI (SUPX.US) were also removed from the index [4]

Core Viewpoint - MSCI announced its quarterly index adjustments for February 2026, which will take effect after the market closes on February 27. The adjustments include the addition and removal of several stocks in the MSCI Global Small Cap Index for both China and Hong Kong regions [1]. Group 1: Additions to MSCI Global Small Cap Index - In the China region, 21 stocks will be added, including: - Anjuke Food (02648) - Autohome (ATHM.US) - Baidu (02315) - Bruker (00325) - China Communications Services (00552) - China Rare Earth Holdings (03788) [1][2] - In the Hong Kong region, the following stocks will be added: - Champion REIT (02778) - Chuang's Consortium International (00755) - FWD Group (01828) - Eagle Precision (01286) - Dexion Shipping (02510) [3][4] Group 2: Removals from MSCI Global Small Cap Index - In the China region, 11 stocks will be removed, including: - Yasheng Group (03319) - BOE Technology Group (00710) - Jianfa International Group (01908) - Chaince Digital (CD.US) [2] - In the Hong Kong region, the following stocks will be removed: - Cafe de Coral (00341) - Derin International (01126) - SuperX AI (SUPX.US) [3][4]