XPENG Motors has announced that it has actively responded to the initiatives put forth by industry associations and the call from the Ministry of Industry and Information Technology (MIIT). The company is fully embracing and implementing the guiding principles set by the MIIT. XPENG Motors reaffirms its unwavering commitment to making payments within a 60-day timeframe. It will rigorously adhere to the practices of timely goods acceptance, efficient reconciliation processes, and punctual settlement of accounts. The company is dedicated to ensuring that its partners can conduct their business operations with confidence and achieve sustained, steady growth.