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Autohome Inc. Files Its Annual Report on Form 20-F

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Autohome Inc. (NYSE: ATHM) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on March 2, 2021. The report includes audited consolidated financial statements and is accessible on the SEC's website and Autohome's investor relations page. The company offers its annual report in hard copy to shareholders upon request. Autohome serves as a leading online platform for automobile consumers in China, providing a variety of content and services to enhance the car-buying experience.

Positive
  • Strong position as the leading online destination for automobile consumers in China.
  • Diverse range of services including auto financing, insurance, and aftermarket services.
Negative
  • Dependence on the online automobile advertising market which is subject to competition and economic fluctuations.

BEIJING, March 19, 2021 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the "SEC") on March 2, 2021. The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as through the Company's investor relations website at http://ir.autohome.com.cn.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Autohome Inc., 18th Floor Tower B, CEC Plaza, 3 Dan Ling Street, Haidian District, Beijing, People's Republic of China.

About Autohome Inc.

Autohome Inc. (NYSE: ATHM) is the leading online destination for automobile consumers in China. Its mission is to enhance the car-buying and ownership experience for auto consumers in China. Autohome provides original generated content, professionally generated content, user-generated content, 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 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. Among other things, Autohome's business outlook, Autohome's strategic and operational plans and quotations from management 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 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 goals and strategies; Autohome's future business development, results of operations and financial condition; the expected growth of the online automobile advertising market in China; Autohome's ability to attract and retain users and advertisers and further enhance its brand recognition; Autohome's expectations regarding demand for and market acceptance of its products and services; competition in the online automobile advertising industry; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Autohome's filings with the SEC. 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 further information, please contact:

In China:

Autohome Inc.

Anita Chen
Investor Relations
Tel: +86-10-5985-7483
Email: ir@autohome.com.cn

The Piacente Group, Inc.

Jenny Cai
Tel: +86-10-6508-0677
E-mail: autohome@tpg-ir.com   

In the United States:

The Piacente Group, Inc.

Brandi Piacente
Tel: +1-212-481-2050
E-mail: autohome@tpg-ir.com 

Cision View original content:http://www.prnewswire.com/news-releases/autohome-inc-files-its-annual-report-on-form-20-f-301250897.html

SOURCE Autohome Inc.

FAQ

What is the significance of Autohome's annual report filed on March 2, 2021?

The annual report contains audited consolidated financial statements for the fiscal year ending December 31, 2020, providing important insights into the company's financial health.

Where can investors access Autohome's Form 20-F report?

Investors can access the report on the SEC's website and through Autohome's investor relations website.

What services does Autohome provide to automobile consumers?

Autohome offers original and user-generated content, auto financing, insurance, and a comprehensive automobile library.

How does Autohome generate revenue?

Revenue is generated through dealer subscription services, advertising, and facilitating transactions via its online platform.

What is Autohome's business outlook based on its annual report?

The report outlines Autohome's strategies and operational plans but acknowledges risks from competition and economic fluctuations impacting the online automobile advertising market.

Autohome Inc. American Depositary Shares, each representing four

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