Core Viewpoint - The Ministry of Industry and Information Technology has launched an online feedback window to address issues related to payment cycles for small and medium-sized enterprises (SMEs) from key automotive companies, aiming to enhance the implementation of the "Regulations on Guaranteeing Payment to SMEs" [1][4]. Group 1: Issues Addressed - The feedback window will primarily handle four types of issues related to payment cycles and practices of key automotive companies [2][6]. - Key automotive companies, including FAW, Dongfeng, GAC, and Seres, have publicly committed to a payment cycle not exceeding 60 days, which has received positive social feedback [4][5]. Group 2: Objectives and Future Actions - The initiative aims to improve management processes and payment methods among key automotive companies, thereby enhancing the confidence and vitality of SMEs in the automotive industry [4][5]. - The Ministry plans to guide industry organizations in developing payment settlement standards and promoting contract templates to further standardize payment processes in the automotive sector [4][5]. Group 3: Importance of Payment Commitments - The commitment from automotive companies to a 60-day payment cycle is significant for fostering a collaborative ecosystem between complete vehicles and components, which is crucial for sustainable industry development [5][6]. - The automotive supply chain is described as the "muscle and blood" of the industry, and the increasing competition in the new energy vehicle market has led to longer payment cycles and financial difficulties for suppliers, hindering innovation and sustainable growth [5][6].

Core Viewpoint - GAC Group has committed to ensuring the completion of dealer rebate payments within two months, responding to the initiative from the China Automobile Dealers Association to promote healthy development in the automotive industry [1] Group 1: Industry Commitments - Multiple automotive companies have pledged to unify payment cycles to suppliers to within 60 days, in line with a new regulation set to take effect on June 1, 2025, which mandates that payments to small and medium-sized suppliers cannot exceed 60 days [1] - The regulation also prohibits forcing suppliers to accept non-cash payment methods such as commercial bills, addressing long-standing issues of payment collection for upstream small and medium enterprises [1] Group 2: Government Support - A representative from the Ministry of Industry and Information Technology expressed support for automotive companies to fulfill their commitments and emphasized the importance of self-discipline within the industry [1] - The official highlighted that the current period is crucial for the high-quality development of China's new energy vehicle industry and called for collective efforts to resist negative online behaviors that disrupt the industry [1]

Core Viewpoint - The Ministry of Industry and Information Technology indicates that China's new energy vehicle (NEV) industry is currently in a critical period of high-quality development, urging enterprises to lead by example and enhance industry self-discipline [1] Group 1 - The NEV industry is at a key stage of high-quality development [1] - The Ministry encourages various stakeholders to support the high-quality development of the NEV industry [1] - There is a call to combat negative online phenomena such as "internet water armies" and "black public relations" to create a positive and orderly development environment [1]