On July 11, reporters from The Paper exclusively learned from XPeng Motors' supply chain that the company has dispatched a written notice to its suppliers, officially announcing an adjustment to its payment cycle to within 60 days. This notification came just two days after the Ministry of Industry and Information Technology launched an initiative related to payment term commitments. In the email, XPeng Motors emphasized that, in light of long-term cooperation, it will proceed with the signing of supplementary agreements aimed at reducing the payment term to within 60 days.