On September 15, SAIC Motor reported that recently, national ministries and commissions, including the Ministry of Industry and Information Technology and the State - owned Assets Supervision and Administration Commission, have rolled out a series of decisions and arrangements. These measures aim to safeguard the stability of industrial and supply chains and foster the high - quality development of the automotive sector.

On the same day, the China Association of Automobile Manufacturers issued the "Initiative on Standardizing Accounts Payable to Suppliers by Automobile OEMs." This initiative offers normative recommendations regarding the accounts - payable clauses in procurement contracts between OEMs and supply - chain enterprises.

Previously, SAIC Motor declared that starting from June 2025, it would uniformly shorten the supplier payment period to within 60 days. Moreover, it would refrain from using settlement methods that add financial strain on suppliers.

In the future, SAIC Motor will persist in implementing the "Regulation on Ensuring Payments to Small and Medium - sized Enterprises" and respond to the "Initiative on Standardizing Accounts Payable to Suppliers by Automobile OEMs." It will focus on key links such as order confirmation, delivery and acceptance, payment and settlement, and contract terms to boost efficient capital flow among upstream and downstream enterprises.