Gelonghui, December 12 | Goldman Sachs published a report, initiating coverage on Autohome with a "Neutral" rating for its Listed in Hong Kong shares and a Target Price of 55 Hong Kong dollars, stating that the company is one of the few that effectively executes its shareholder return policy and focuses on regular Cash dividends. Goldman Sachs noted that the company's relatively aggressive shareholder return policy in recent years has stabilized its stock price. Goldman Sachs mentioned that with a strong balance sheet (specifically, 3.2 billion dollars in net cash, equivalent to 90% of Market Cap), the stock offers a 6% regular dividend yield, with the latest dividend policy indicating at least 1.5 billion yuan in dividends annually from 2024 to 2026; as well as a potential Share Buyback yield of up to 3%.