GAC Group: We have always adhered to the principle of paying suppliers within 60 days and have strictly implemented it for 28 years.

On September 15, the China Association of Automobile Manufacturers released the "Initiative for Standardized Payment of Accounts Payable by Automobile Original Equipment Manufacturers". GAC Group stated that the company actively responded and firmly supported the implementation of the relevant initiative, and took practical actions to promote the coordinated and healthy development of the industrial chain. Since its establishment in 1997, GAC Group has always adhered to the payment principle of "supplier credit period not exceeding 60 days", and has strictly implemented this for 28 years, practicing corporate responsibility with practical actions and maintaining supply chain stability.