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].

Core Viewpoint - The article discusses the collective response of 11 major automotive companies in China to the "Supplier Payment Norms Initiative" issued by the China Association of Automobile Manufacturers, emphasizing the importance of timely payments to suppliers to enhance the resilience and quality of the automotive industry. Group 1: Industry Response - On September 15, the China Association of Automobile Manufacturers released the "Supplier Payment Norms Initiative" to promote a collaborative ecosystem between vehicle manufacturers and suppliers, aiming for high-quality development in the automotive industry [1][2][3]. - Major companies like Dongfeng, SAIC, Chery, and others have committed to implementing the initiative by standardizing payment terms and ensuring supplier rights are protected [2][4][5]. Group 2: Specific Company Actions - Dongfeng Motor Group will implement the initiative across key processes such as order confirmation and payment, enhancing supply chain resilience [2]. - SAIC Group has unified supplier payment terms to within 60 days and will avoid methods that increase financial pressure on suppliers [3]. - Chery Group has introduced measures to shorten average payment periods and support small and medium enterprises through innovative practices [4]. - Companies like Li Auto, NIO, and Xpeng have reiterated their commitment to maintaining a 60-day payment period and ensuring timely delivery and settlement processes [6][11][12]. Group 3: Industry Collaboration - The initiative encourages collaboration among automotive companies to strengthen the supply chain and promote sustainable development [5][10]. - Companies are urged to enhance self-discipline and work together to create a healthy and competitive industry environment [5]. - The overarching goal is to build a transparent and efficient automotive ecosystem that benefits all stakeholders involved [8][10].

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: Industry Response - Multiple automakers, including SAIC Motor, BYD, GAC Group, Xiaomi Auto, and Seres, have expressed their support for the initiative [2] - SAIC Motor has committed to unifying supplier payment terms to within 60 days and will not use commercial acceptance bills to alleviate supplier financial pressure [3] - BYD emphasizes the importance of technological innovation and management optimization to build a collaborative ecosystem for high-quality development in the automotive industry [5] - GAC Group has maintained a payment principle of not exceeding 60 days for 28 years, demonstrating its commitment to supplier relationships and supply chain stability [7] - Changan Automobile has implemented a payment process that ensures payments are made within 60 days, showcasing its commitment to supplier payment norms [10] - Dongfeng Motor aims to protect supplier rights and enhance industry resilience by adhering to the initiative's requirements [12] - Xiaomi Auto reaffirms its commitment to a 60-day payment term and aims to enhance supplier rights and industry resilience [14] - Li Auto is committed to maintaining a 60-day payment term and ensuring timely delivery and settlement processes [17] - NIO focuses on establishing long-term, mutually beneficial relationships with partners while adhering to the payment norms [19] - Seres calls for self-discipline among enterprises to promote high-quality industry development and enhance competitiveness [20] - XPeng Motors is dedicated to maintaining a 60-day payment term and ensuring efficient payment processes for partners [22]

Core Viewpoint - The China Automobile Industry Association has launched the "Supplier Payment Norms Initiative" to standardize payment practices between automobile manufacturers and suppliers, aiming to promote the healthy development of the automotive industry [1] Group 1: Initiative Details - The initiative specifies requirements for delivery acceptance, payment terms, and contract duration, including a maximum delivery acceptance time of three working days and a minimum contract duration of one year [1] - The initiative is expected to significantly contribute to the standardized development of the automotive industry [1] Group 2: Company Responses - SAIC Motor Group has unified supplier payment terms to within 60 days and will not use commercial acceptance bills to alleviate supplier financial pressure [2] - BYD has committed to implementing the initiative and enhancing collaboration with upstream and downstream partners to foster a win-win ecosystem [4] - GAC Group has consistently adhered to a payment principle of not exceeding 60 days for suppliers since its establishment in 1997, demonstrating its commitment to supplier relationships [6] - Changan Automobile has implemented a payment scheme that ensures a 60-day payment period, promoting high-quality industry development [9] - Dongfeng Motor has pledged to protect supplier rights and enhance supply chain resilience [11] - Xiaomi Auto has reaffirmed its commitment to a 60-day payment period and aims to strengthen supplier relationships [13] - Li Auto has committed to timely delivery acceptance and settlement standards to ensure partner stability [16] - NIO has expressed its intention to build long-term mutually beneficial relationships with partners while adhering to the payment norms [17] - Xpeng Motors has committed to strict adherence to the initiative and ensuring timely payment and acceptance processes [22]

Core Viewpoint - Multiple automotive companies are responding positively to the China Automotive Industry Association's initiative to standardize supplier payment terms, aiming to enhance the stability and health of the automotive supply chain [1] Group 1: Industry Response - The China Automotive Industry Association issued a proposal on September 15, 2023, to regulate payment terms between automotive manufacturers and suppliers, emphasizing key aspects such as order confirmation, delivery and acceptance, payment and settlement, and contract duration [1] - The initiative specifies that the acceptance of goods should ideally be completed within three working days, and encourages stable cooperation between suppliers and manufacturers, with contracts lasting no less than one year [1] Group 2: Company Commitments - SAIC Motor Group announced that by June 2025, it will unify supplier payment terms to within 60 days and will not use commercial acceptance bills that increase financial pressure on suppliers [1] - BYD Auto expressed its commitment to the initiative, focusing on key areas such as order confirmation and payment processes, and aims to foster a collaborative ecosystem for high-quality development in the Chinese automotive industry [1] - GAC Group has consistently adhered to the principle of not exceeding 60 days for supplier payment since its establishment in 1997, demonstrating its commitment to supply chain stability [1] - Changan Automobile is actively supporting the initiative and has implemented a payment process that ensures compliance with the 60-day payment commitment [1]

Core Viewpoint - The China Automotive Industry Association has released a proposal to standardize payment practices between automotive manufacturers and suppliers, emphasizing key aspects such as order confirmation, delivery and acceptance, payment and settlement, and contract duration [1] Group 1: Industry Response - Major automotive companies including SAIC Motor, BYD, GAC Group, Changan Automobile, Dongfeng Motor, Xiaomi Auto, Li Auto, NIO, Seres, and Xpeng have expressed their support for the initiative [1] - These companies are committed to adhering to a payment term of 60 days or less, ensuring timely payment to suppliers and fostering stable partnerships [2][4][6][9][11][13][15][16][19] Group 2: Specific Company Actions - SAIC Motor has officially announced a unified payment term of 60 days by June 2025, avoiding methods that increase financial pressure on suppliers [2] - BYD focuses on technological innovation and management optimization to enhance collaboration with upstream and downstream partners [4] - GAC Group has maintained a strict 60-day payment principle since its establishment in 1997, demonstrating long-term commitment to supplier relationships [6] - Changan Automobile has implemented a payment process that ensures compliance with the 60-day payment commitment [9] - Dongfeng Motor emphasizes the protection of supplier rights and the stability of supplier expectations [11] - Xiaomi Auto and Li Auto both reaffirm their commitment to the 60-day payment term and focus on key operational aspects [13][15] - NIO aims to establish long-term mutually beneficial relationships with partners while adhering to the payment proposal [16] - Seres advocates for self-discipline among enterprises to promote high-quality industry development [17] - Xpeng Auto is committed to timely payment and efficient settlement processes to support supplier stability [19]

Group 1: Event Overview - The 2025 International Motor Show in Munich, themed "'Moving' Everything," attracted around 750 exhibitors from over 30 countries, with 116 exhibitors from China, marking a historical high in participation [1] - The event showcased a shift towards electric, intelligent, and low-carbon mobility, reflecting the global automotive industry's transformation [1][2] Group 2: Electric Vehicle Trends - The International Energy Agency's report indicates that global electric vehicle sales surpassed 4 million units in Q1 2023, with an expected annual total exceeding 20 million units, a 25% increase year-on-year, representing 25% of global new car sales [2] - By 2030, the number of public charging stations is projected to increase nearly eightfold to approximately 40 million [2] Group 3: Innovations from Major Automakers - Major automakers like BMW, Mercedes, and Volkswagen are focusing on electric and intelligent development, with BMW's new iX3 model capable of over 900 km range and rapid charging [2][3] - Volkswagen introduced the ID Polo electric vehicle priced at €25,000, while Mercedes launched the GLC electric model with smart driving assistance [2] Group 4: Chinese Brands and Technologies - Chinese exhibitors showcased innovations in vehicle manufacturing, battery production, and intelligent driving software, with BYD presenting models like the Seal 06DM-i and the Z9GT, along with rapid charging technology [4][6] - GAC Group debuted its global strategic models AION V and AION UT, along with a mass-produced autonomous flying car [5] Group 5: Battery Technology Advancements - EVE Energy displayed high-density eVTOL batteries with a discharge rate of 14C and a density of 288 Wh/kg, while CATL introduced the NP3.0 technology platform for lithium iron phosphate batteries [6] - The Chinese automotive industry is experiencing significant growth in exports, with 3.083 million vehicles exported in the first half of 2025, a 10.4% increase, and 1.06 million of those being new energy vehicles, up 75.2% [6] Group 6: International Collaboration - The automotive industry is highly globalized, with German automakers relying on international supply chains and partnerships, as highlighted by the collaboration between Chinese and European companies [7][8] - Companies like Bosch and ZF are leveraging their presence in China to support local manufacturers in expanding their global reach [8]

本文综合自：东风汽车、上汽集团、奇瑞集团等微信公众号 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》，东风汽车、上汽集团、奇瑞集团、赛力斯、理想汽车、长安汽车、广汽集 团、比亚迪等多家车企先后发表声明，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。此次八家企业具体声明内容如下： 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15日 ...

Group 1 - The core viewpoint of the report highlights the positive momentum in the automotive industry, supported by government policies aimed at stabilizing growth from 2025 to 2026 [1][2] - The report notes that the A-share automotive sector outperformed the broader market, with the Shanghai and Shenzhen 300 Index rising by 1.38% and the automotive sector increasing by 1.74% [1][2] - Key developments in the industry include the release of the "Automotive Industry Stabilization Growth Work Plan (2025-2026)" by the Ministry of Industry and Information Technology and other departments, as well as significant advancements in electric vehicle sales and technology [2][3] Group 2 - The report suggests focusing on various companies within the automotive sector, including BYD, Great Wall Motors, and Li Auto, among others, indicating a diverse range of investment opportunities [3] - In the commercial vehicle segment, companies such as China National Heavy Duty Truck Group and FAW Jiefang are highlighted as potential investment targets [3] - The automotive parts sector is also emphasized, with recommendations for companies like Midea Group and Fuyao Glass, showcasing a broad spectrum of investment prospects across the industry [3]

蔚来涨超5%，理想汽车涨近3%，广汽集团、小鹏汽车涨超2%，零跑汽车、比亚迪股份等跟涨。 (本文来自第一财经) ...