Bei Jing Ri Bao Ke Hu Duan·2025-09-15 06:42Core 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]