AUTOHOME-S (02518) achieved a net income of approximately 1.198 billion yuan in the second quarter, with innovative business continuously advancing to implementation.

AUTOHOME-S (02518) announced its second-quarter results for 2026, with net revenues of approximately 1.198 billion yuan. The net profit attributable to Autohome was about 248 million yuan, while the adjusted net profit attributable to Autohome was approximately 277 million yuan. Mr. Liu Chi, Chairman and CEO of Autohome, stated: In this quarter, our innovative business continued to advance, facilitating a smooth upgrade of Autohome into a one-stop automotive ecosystem service platform. In the new retail business sector, we have launched the offline franchise chain brand 'Jiajia Haoche' on the basis of initiating trial operations with the authorized dealer model and expanding to more cities, further broadening our offline service network. Additionally, the layout for global transactions in the used car market is also steadily progressing. In July, our cross-border export service platform completed its first transaction, providing valuable experience for enhancing our service capabilities. We have made significant progress in the field of artificial intelligence, particularly in cutting-edge agent technology. At the beginning of July, our self-developed agent product 'Cheese Vehicle Manager' was opened for public testing. As the first independent agent product in the automotive industry, this marks not only a new exploration of intelligent applications but also a crucial milestone in enriching our product matrix and establishing differentiated competitiveness. Mr. Zeng Yan, Chief Financial Officer of Autohome, added: In this quarter, while solidly advancing our business development, we remain steadfast in our commitment to create sustainable returns for our shareholders. The $200 million stock buyback plan announced in early March this year has been completed ahead of schedule in less than six months. At the end of July, we announced a new round of a $400 million buyback plan, which fully reflects our strong confidence in the company's long-term value and our high regard for shareholder interests.