Xiami Automobile has expressed its wholehearted support for the "Initiative on Norms for Payment of Accounts to Suppliers by Automobile Manufacturers," which was issued by the relevant association. The company stands firmly behind the guiding principles set forth by the Ministry of Industry and Information Technology and is dedicated to putting them into practice. In line with these principles, Xiami Automobile reaffirms its unwavering commitment to settling payments with suppliers within a 60-day timeframe. The company will place particular emphasis on crucial stages of the business process, including order confirmation, delivery and acceptance procedures, payment settlement, and the clear definition of contract terms. By doing so, Xiami Automobile aims not only to meet the requirements outlined in the initiative but also to protect the rights and interests of its suppliers and bolster the overall resilience of the industrial chain.