Focus: BYD shifts away from in-house payment system that strained suppliers, sources say

Core Viewpoint - BYD is planning to discontinue the use of in-house financial notes for payments to suppliers, marking a significant change in its financial practices that have contributed to its growth [1] Group 1 - BYD has communicated to some suppliers its intention to stop using in-house financial notes, which indicates a strategic shift in its payment methods [1] - This change is seen as a major departure from a practice that has been instrumental in supporting BYD's rapid expansion [1]