工信微报、@小米汽车 9月15日，东风汽车集团有限公司、上海汽车集团股份有限公司、奇瑞汽车股份有限公司、赛力斯集团 股份有限公司、理想汽车有限公司、重庆长安汽车股份有限公司、广州汽车集团股份有限公司、比亚迪 汽车工业有限公司等多家汽车生产企业先后发表声明，表示将积极落实《汽车整车企业供应商账款支付 规范倡议》，构建"整车—零部件"协作共赢发展生态，共同推动汽车产业高质量发展。 东风 9月15日，中国汽车工业协会发布《汽车整车企业供应商账款支付规范倡议》，为构建"整车—零部 件"协作共赢生态、推动汽车产业高质量发展提供明确指引。东风汽车集团有限公司（以下简称"东风汽 车"）积极响应倡议号召，将在订单确认、交付与验收、支付与结算、合同期限等关键环节落实倡议要 求，切实保障供应商权益，稳定供应商预期，增强产业链韧性。 作为中央直管的特大型汽车企业，东风汽车将以切实行动践行央企责任，进一步发挥产业链"链长"作 用，不断优化产业生态，加强产业技术创新和产业链供应链体系建设，共同推动行业高质量发展。 上汽 近期，工信部、国资委等国家部委围绕保障产业链供应链稳定、促进汽车产业高质量发展作出一系列决 策部署。2025年9月1 ...

Core Viewpoint - The "60-day payment commitment" initiative among automotive manufacturers and suppliers continues to evolve, with the China Automotive Industry Association releasing a new guideline to standardize payment practices within the industry [1][4]. Group 1: Initiative Details - The new initiative specifies that payment terms should not exceed 60 calendar days from the date of delivery and acceptance by the automotive manufacturers [4][5]. - It encourages cash payments or bank acceptance bills, especially for small and medium-sized enterprises, to alleviate financial pressure on suppliers [5][9]. - The initiative aims to enhance the execution of payment commitments and promote the healthy development of the automotive industry [5][10]. Group 2: Industry Response - Major automotive companies, including Dongfeng, Changan, and SAIC, have committed to implementing the initiative's requirements to protect supplier rights [6][9]. - As of the announcement, several automotive stocks saw significant gains, indicating positive market sentiment towards the initiative [4][10]. - The Ministry of Industry and Information Technology has emphasized the importance of adhering to payment commitments to support innovation and stability within the supply chain [10][11]. Group 3: Financial Impact - In the first half of the year, 14 automotive companies reported a decrease in accounts payable compared to the end of the previous year, with Changan, SAIC, and Geely showing the largest reductions [10]. - The initiative is seen as a critical step in addressing cash flow challenges within the automotive supply chain, which is still maturing [10][11]. - The potential obstacles to implementing the 60-day payment term include the financial management capabilities of some companies and the need for better internal coordination among departments [11].

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日乘用车板块主力资金净流入14.34亿元，游资资金净流出6.49亿元，散户资金净 流出7.85亿元。乘用车板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002594 | 比亚迪 | 8.40亿 | 7.91% | -4.11 Z | -3.87% | -4.30 Z | -4.04% | | 601127 | 赛力斯 | 5.24亿 | 8.28% | -2.20亿 | -3.47% | -3.04亿 | -4.81% | | 000572 海马汽车 | | 1.447 | 39.52% | -8117.86万 | -22.34% | -6243.73万 | -17.18% | | 601238 广汽集团 | | 584.59万 | 1.89% ...

Core Viewpoint - The initiative by the China Automobile Industry Association regarding supplier payment norms has garnered collective support from major automotive companies, aiming to standardize payment terms to within 60 days and enhance supplier relationships [1] Group 1: Industry Response - Major automotive companies including SAIC Motor, BYD, Changan Automobile, Xiaomi Auto, and Li Auto have committed to adhering to the 60-day payment principle and standardizing supplier payment processes [1] - The Ministry of Industry and Information Technology emphasizes the importance of these regulations in promoting the standardized development of the automotive industry [1] Group 2: Commitment from Traditional Automakers - SAIC Motor has announced that by June 2025, it will unify supplier payment terms to within 60 days without using commercial acceptance bills, which could increase supplier financial pressure [2] - GAC Group has maintained a consistent payment principle of not exceeding 60 days since its establishment in 1997, demonstrating a long-term commitment to supply chain stability [4] - Changan Automobile, as a representative of state-owned enterprises, has implemented an innovative payment method to ensure compliance with the 60-day payment commitment [7] Group 3: Engagement from New Energy Vehicle Companies - New energy vehicle manufacturers are also actively supporting the initiative, with BYD focusing on key aspects such as order confirmation and payment processes to foster a collaborative ecosystem [12] - Xiaomi Auto and Li Auto have expressed full support for the initiative and committed to timely payment and settlement standards [14] - NIO and XPeng Motors aim to establish long-term mutually beneficial relationships with partners, emphasizing efficient payment and settlement processes [16] Group 4: Industry Collaboration and Development - The initiative encourages companies to strengthen self-discipline and work together to promote high-quality industry development, enhancing the competitiveness of the entire automotive ecosystem [17]

Group 1 - The China Automotive Industry Association (CAAM) released the "Supplier Payment Norms Initiative" on September 15, prompting several automakers to respond positively [2][4] - BYD expressed its commitment to the initiative, focusing on key aspects such as order confirmation, delivery and acceptance, payment and settlement, and contract duration to foster a collaborative ecosystem for high-quality development in the automotive industry [2][4] - Xiaomi Auto fully supports the initiative and commits to maintaining a payment period of within 60 days, emphasizing the importance of supplier rights and enhancing supply chain resilience [6] Group 2 - Other automakers, including Dongfeng Motor, Changan Automobile, BAIC Group, Chery Group, Seres, and Li Auto, also responded positively to the CAAM initiative [7] - In June, 17 major automakers, including FAW and Dongfeng, pledged to keep supplier payment periods within 60 days, aligning with the newly released initiative [7] - The initiative outlines specific requirements for goods delivery acceptance, payment periods, and encourages stable cooperation between suppliers and automakers, which is crucial for the regulated development of the automotive industry [7]

Core Viewpoint - The China Automotive Industry Association has released the "Supplier Payment Norms Initiative for Complete Vehicle Enterprises," which aims to standardize key aspects of procurement contracts between automakers and suppliers, including order confirmation, delivery and acceptance, payment and settlement, and contract duration [1] Group 1: Initiative Details - The initiative specifies requirements for goods delivery acceptance, account period commencement, reconciliation and settlement, and payment, such as a maximum goods acceptance time of three working days and a minimum contract validity of one year [1] - The initiative is expected to significantly promote the standardized development of the automotive industry [1] Group 2: Company Responses - SAIC Group announced it will unify supplier payment terms to within 60 days by June 2025 and will not use commercial acceptance bills to avoid increasing suppliers' financial pressure [3] - BYD Auto expressed its commitment to the initiative and aims to foster a collaborative ecosystem for high-quality development in the Chinese automotive industry through technological innovation and management optimization [5] - GAC Group has consistently adhered to a payment principle of not exceeding 60 days for suppliers since its establishment in 1997, emphasizing integrity and collaboration within the industry [7] - Changan Automobile has implemented a payment scheme that ensures a 60-day payment commitment and is exploring efficient payment processes for suppliers [10] - Dongfeng Motor pledged to implement the initiative's requirements to protect supplier rights and enhance supply chain resilience [12] - Xiaomi Auto fully supports the initiative and commits to maintaining a payment period of within 60 days while focusing on key procurement aspects [14] - Li Auto will continue to uphold its 60-day payment commitment and ensure timely acceptance and reconciliation of goods [16] - NIO aims to establish long-term, mutually beneficial relationships with partners while adhering to the supplier payment norms [17] - Seres Group calls for self-discipline among enterprises to promote high-quality industry development and enhance competitiveness [18] - Beijing Automotive Group is optimizing its payment mechanisms and opposing unreasonable payment practices to safeguard supplier rights [20]

（文章来源：每日经济新闻） 每经AI快讯，9月15日，北京汽车集团发布声明，持续优化订单确认、交付验收、支付结算等机制，坚 决反对任何形式的不合理付款行为和恶性竞争，切实保障供应商伙伴合法权益，坚持与供应商伙伴携手 共进，聚焦核心技术突破与产品品质提升，构建健康、稳定、共赢的汽车产业生态，增强产业链韧性和 安全水平。 ...

Market Performance - A-shares showed mixed performance on September 15, with the Shanghai Composite Index down 0.26% to 3860.50 points, while the Shenzhen Component Index rose 0.63% to 13005.77 points, and the ChiNext Index increased by 1.52% to 3066.18 points [1] - The total trading volume for the Shanghai market was 986.2 billion, while the Shenzhen market recorded 1,291.2 billion, and the ChiNext market had 620.8 billion [1] Sector Performance - Strong performance was noted in sectors such as gaming, automotive, and pork, with notable stocks like Ningde Times rising over 9% to reach a historical high, and several automotive stocks hitting the daily limit [1][2] - Conversely, sectors like satellite internet and cultural media saw significant declines, with stocks like Sanwei Communication dropping over 5% and Guomai Culture falling over 10% [1][2] Institutional Insights - According to Jifeng Investment Advisory, the market is expected to benefit from the gradual onset of the Federal Reserve's interest rate cut cycle, with A-shares and certain sectors likely to see upward trends [3] - CITIC Securities highlighted the ongoing transformation in the retail sector, with private enterprises undergoing management changes to enhance operational efficiency [3] - Huatai Securities noted the release of a new action plan for the storage industry, which is expected to promote long-term healthy development in the sector, with strong demand and reduced price competition [3] Policy Developments - The People's Bank of China in Shanghai reported a total cross-border RMB payment amount of 18.83 trillion yuan in the first seven months of the year, indicating a robust financial environment [4] - Guangzhou's plan for V2G (Vehicle-to-Grid) applications aims to establish a comprehensive network of smart charging stations and vehicles, with specific targets set for 2025 and beyond [5] Automotive Industry Initiatives - The China Association of Automobile Manufacturers released a payment standard initiative for automotive suppliers, with major companies like Dongfeng and BYD expressing commitment to this initiative to foster a collaborative ecosystem [6][7]

Core Viewpoint - The article highlights that the Xiaojie H5 has achieved a significant milestone with 101,800 pre-orders, marking a successful collaboration between Huawei and SAIC in the automotive sector [1] Company Summary - Xiaojie H5 is the first model developed through the partnership between Huawei and SAIC [1] - The vehicle is equipped with Huawei's QianKun ADS4 driving assistance system, showcasing advanced technology integration in the automotive design [1] Industry Summary - The achievement of 101,800 pre-orders indicates strong market demand and consumer interest in smart vehicles, reflecting a growing trend in the automotive industry towards technology-driven solutions [1]

Core Viewpoint - On September 15, 2023, 11 automotive manufacturers in China announced their commitment to implement the "Supplier Payment Norms Initiative" to foster a collaborative ecosystem between vehicle manufacturers and parts suppliers, aiming for high-quality development in the automotive industry [1][3][24]. Group 1: Initiative Response - Dongfeng Motor Group actively supports the initiative, focusing on key areas such as order confirmation, delivery, payment, and contract terms to protect supplier rights and enhance supply chain resilience [3]. - SAIC Motor Corporation has unified supplier payment terms to within 60 days and will not use commercial acceptance bills to alleviate supplier financial pressure, promoting efficient capital flow in the supply chain [5]. - Chery Group has committed to standardizing contract terms and implementing measures to shorten average payment periods for suppliers, thereby alleviating financial pressure on small and medium enterprises [7]. - Ideal Automotive reaffirms its commitment to a 60-day payment period and aims to build stable, mutually beneficial relationships with partners [12]. - Chang'an Automobile has implemented a payment scheme that ensures payments are made within 60 days, supporting the initiative and enhancing supply chain collaboration [13]. - GAC Group has maintained a payment principle of not exceeding 60 days for suppliers for 28 years, ensuring a transparent and efficient payment process [15]. - BYD Auto is focused on technological innovation and management optimization to build a collaborative ecosystem with suppliers, adhering to the initiative [17]. - Xiaomi Auto emphasizes the importance of timely payments to maintain a stable supply chain and commits to a 60-day payment period [19]. - NIO is dedicated to establishing long-term, mutually beneficial partnerships and aims to enhance the health of the supply chain [21]. - XPeng Motors continues to uphold its commitment to a 60-day payment period and aims to foster a stable and cooperative relationship with its partners [23].