NIO stated that it has actively responded to the "Initiative on Standardized Payment of Supplier Accounts by Automotive OEMs" issued by the China Association of Automobile Manufacturers. NIO is committed to becoming a user-friendly company with leading technology and user experience, existing for user satisfaction. Through technological innovation, NIO develops ultimate products, provides services that exceed expectations, and builds a community of shared growth. The healthy development of the supply chain system is fundamental to ensuring product quality, enhancing user experience, and promoting the high-quality development of the automotive industry. NIO will establish long-term, stable, mutually beneficial partnerships with its partners, strictly implement its supplier payment commitments and the "Initiative on Standardized Payment of Supplier Accounts by Automotive OEMs," and strive to build a collaborative and win-win development ecosystem for "complete vehicles and parts." NIO will work with its partners to promote the high-quality development of the automotive industry and create a sustainable and better future.