Yin Tongyue: Chery Corporation strongly opposes "price wars" and shortens the payment period for suppliers.

On July 19th, Chairman of Chery Automobile Co., Ltd., Yin Tongyue, demanded at the mid-year cadre conference that the company must adhere to simplicity, honesty, and sincerity, unify thoughts and actions with the decisions and deployments of the Party Central Committee, earnestly implement the requirements of the new energy automobile industry symposium held by the three ministries, and be a maintainer of fair and orderly competition in the industry. Chery Automobile will strengthen self-discipline, resolutely oppose "price wars," shorten the payment period for suppliers, refrain from false and excessive publicity, and resist online disorders such as "internet water armies" and "black PR." At the same time, it will play a leading role as a key enterprise, strictly adhere to the negative list against "overwork," actively participate in industry exchanges and consultations in the new energy automobile industry, and promote the high-quality development of the automotive industry.