账期不超60天，提升中国汽车产业链韧性

Group 1 - The automotive industry is experiencing intensified price wars, leading to squeezed profit margins and extended payment terms for suppliers, causing financial strain [1][3] - A collective action by 17 major automotive companies has emerged, committing to a payment term of no more than 60 days for suppliers, marking a significant step towards combating "involution" in the industry [2][5] - The new revised "Regulations on Payment for Small and Medium Enterprises" effective from June 1 mandates large enterprises to pay small and medium enterprises within 60 days, further supporting the industry's shift towards healthier competition [2][3] Group 2 - In the first four months of 2025, China's automotive production and sales both exceeded 10 million units for the first time, with new energy vehicles (NEVs) accounting for 42.7% of total new car sales [3] - NEV exports reached 642,000 units in the same period, reflecting a 52.6% year-on-year increase, showcasing the growing international presence of Chinese manufacturing [3] - The profit margin in the automotive industry has declined from 6.2% in 2020 to 3.9% in the first quarter of 2025, indicating the adverse effects of ongoing price competition [3][4] Group 3 - Some automotive companies are reportedly delaying payments to upstream suppliers, transferring their financing pressures onto them, which exacerbates financial difficulties for suppliers [4] - The automotive industry is a crucial indicator of a country's advanced manufacturing capabilities, characterized by its large scale, extensive supply chain, and significant economic impact [4][5] - To foster a resilient and secure supply chain, collaboration between large and small automotive enterprises is essential, emphasizing the need for streamlined payment processes [5]