Core Viewpoint - The China Automotive Industry Association has released the "Supplier Payment Norms Initiative for Complete Vehicle Enterprises," which aims to standardize payment terms in procurement contracts between automakers and suppliers, receiving positive responses from multiple car manufacturers [1][3][5][8][10]. Group 1: Company Responses - SAIC Group will actively implement the "Regulations on Payment for Small and Medium-sized Enterprises" and focus on key aspects such as order confirmation, delivery and acceptance, payment and settlement, and contract duration to promote efficient capital flow among upstream and downstream enterprises [1]. - Dongfeng Motor has committed to implementing the initiative's requirements in order confirmation, delivery and acceptance, payment and settlement, and contract duration to protect supplier rights and enhance supply chain resilience [3]. - Chery Group has pledged to standardize contract terms in key areas and comply with the "Regulations on Payment for Small and Medium-sized Enterprises," aiming to build a collaborative and win-win ecosystem between complete vehicles and components [5]. - Li Auto will continue to adhere to the commitment of a payment period within 60 days, ensuring timely acceptance of goods and settlement standards to support stable operations for partners [8]. - Changan Automobile has fully honored its commitment to a 60-day payment period and has developed an efficient payment process for supplier payments through an innovative "payment collection within ten days from the delivery date" scheme [10][11].
多家车企迅速响应