Haier plans to acquire Autohome, layoff senior executives and rectify internal problems

Haier Group is close to completing the acquisition of Autohome, and is expected to officially announce it on February 20. The main purpose of this acquisition is to solve the problems of palace fighting, corruption and power-for-sex transactions within Autohome. Haier plans to lay off all personnel above the director level and provide compensation or let them join Ping An Group. Autohome has a large amount of car owner data and car dealer data, which is of great value to Haier's layout in the automotive industry.