Jefferies：中国的 OEMs’ 60 天付款周期承诺_对汽车零部件公司的影响》

China (PRC) | Autos & Auto Parts Equity Research Chinese OEMs' 60d Payment Cycle Pledge: Implications for Auto Parts Companies Beginning this Tuesday, Chinese OEMs, including BYD, Geely, GWM, GAC, Chery announced their commitment to shorten supplier payment terms to within 60 days. This industry-led effort follows repeated government directives discouraging harmful price competition in the market. We see this as a positive for auto parts companies, with improved CF and reduced finance/provision cost. Suppli ...