Hua Er Jie Jian Wen·2025-09-15 08:38Core 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]