Lates News

Haier Group (Haier Group) subsidiary Cartech Holding Company officially announced today the successful completion of the strategic acquisition of Autohome and the restructuring of the board of directors. Autohome has officially become a new member of Haier's automotive industry ecosystem. As previously announced, Haier Group, through its subsidiary Cartech Holding Company, acquired approximately 43.0% of Autohome's shares held by Yun Chen Capital Cayman, a subsidiary of China Ping An, for a total price of approximately $1.8 billion (based on Autohome's outstanding shares as of June 30, 2025), making it the controlling shareholder of Autohome. China Ping An Property Insurance Co., Ltd. (Ping An Property Insurance) will continue to be one of Autohome's major shareholders, indirectly holding approximately 5.1% of Autohome's shares through Yun Chen Capital and retaining a seat on the board of directors.