On June 10, Geely Auto Group announced a pivotal decision to align with the State Council's "Regulations on Guaranteeing Payment to Small and Medium-Sized Enterprises" and the initiative of the China Association of Automobile Manufacturers. The Group will now uniformly implement a 60-day payment term for its suppliers. This strategic shift aims to expedite capital turnover within the automotive supply chain, ensure its stability, and underscore Geely's commitment as an industry leader to fostering high-quality development in the sector.

Geely has consistently demonstrated a proactive stance in fulfilling its social responsibilities and diligently adhering to national policies. By embracing this unified payment term, the Group underscores its willingness to collaborate with peers in constructing a shared future for the automotive value chain. This collective effort aims to establish a fair, orderly, and healthy market environment, fostering mutual benefit and win-win outcomes that contribute to the sustainable and high-quality development of China's automotive industry.