On August 25, Jiang Tao, the Chief Operating Officer of Lantu Auto, highlighted that the new energy vehicle industry is embroiled in intense competition that transcends mere price wars. The core challenge lies in the industry's exceedingly slim profit margin, which stands at approximately 5%. Mr. Jiang emphasized that automotive original equipment manufacturers (OEMs) cannot independently develop all related technologies; instead, many of these technologies are reliant on supply chain enterprises. If supply chain enterprises encounter losses due to factors such as extended payment terms, they will lack the necessary funds for new product and technology research and development, ultimately impeding the high-quality development of the entire industry. Therefore, it is imperative to ensure that supply chain enterprises maintain a reasonable profit margin and stable cash flow, enabling them to allocate a portion of their funds towards product research, development, and iteration.