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BYD Automobile: Actively Respond to the "Supplier Accounts Payment Standard Initiative" and Promote the High-Quality Development of the Industry Recently, the Ministry of Industry and Information Technology and other national ministries have made a series of decisions and deployments around ensuring the stability of the industrial chain and supply chain, and promoting the high-quality development of the automotive industry. On September 15, the China Association of Automobile Manufacturers released the "Initiative for Standardizing Supplier Accounts Payment for Automobile Whole Vehicle Enterprises," proposing standard initiatives for the payment of accounts in purchasing contracts between whole vehicle enterprises and supply chain enterprises. BYD Automobile actively responds to the "Supplier Accounts Payment Standard Initiative," implements the requirements of the "Regulations on Guaranteeing Payment of Funds to Small and Medium-sized Enterprises," focuses on key processes such as order confirmation, delivery and acceptance, payment and settlement, contract duration, and continuously promotes high-quality development in the Chinese automotive industry through technological innovation and management optimization. BYD Automobile collaborates with upstream and downstream partners to jointly build a collaborative and win-win development ecosystem, promoting the high-quality development of the Chinese automotive industry.