Group 1 - The China Automotive Industry Association (CAIA) released the "Supplier Payment Norms Initiative" on September 15, aimed at standardizing payment terms between automakers and suppliers [1][2]. - BYD, Li Auto, and NIO are among the automakers actively responding to the CAIA's initiative, emphasizing the importance of timely payments and collaboration with supply chain partners [1][2][4]. - The initiative aligns with recent decisions by the Ministry of Industry and Information Technology (MIIT) to stabilize the supply chain and promote high-quality development in the automotive industry [2]. Group 2 - BYD is committed to implementing the initiative by focusing on key aspects such as order confirmation, delivery, payment, and contract terms, aiming to foster a collaborative ecosystem for mutual growth [2]. - Li Auto has pledged to maintain a payment term of within 60 days and to ensure timely acceptance and reconciliation of goods, highlighting the importance of trust and support from partners [3]. - NIO aims to build long-term, mutually beneficial relationships with partners, emphasizing the health of the supply chain as essential for product quality and user experience [4].