Autohome inc. approves dividend policy

On november 4, 2019, autohome inc.’s board of directors approved an annual cash dividend policy. under the policy, starting from 2020, the company will declare and distribute a recurring cash dividend at an amount equivalent to approximately 20% of the company’s net income in the previous fiscal year. the company expects to announce the dividend amount for fiscal year 2019 after the disclosure of the fourth quarter results of 2019. the determination to make dividend distributions and the exact amount of such distributions in any particular year will be based upon the company’s operations and earnings, cash flow, financial condition and other relevant factors, and subject to adjustment and determination by the board of directors.
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