A select group of listed automakers have successfully met their commitment to a "60-day account period," actively establishing a comprehensive control system to guarantee the prompt payment of supplier invoices. According to feedback from leading automakers like GAC Group and Thalys, they are steadfastly adhering to this pledge. Supplier Fuyao Group has affirmed that this policy has been instrumental in alleviating cash flow pressures and bolstering supply chain stability. Nevertheless, certain suppliers have noted that the payment collection scenario for other automakers has not witnessed substantial improvement. Industry experts emphasize that achieving the 60-day account period goal necessitates sustained and concerted efforts.
