Shanghai Holds Auto Industry Compliance Meeting to Tackle Online Info Dissemination

MT Newswires Live07-23 10:51

Shanghai's cyberspace administration, alongside economic, commerce, market regulation and police authorities, held a compliance guidance meeting on Tuesday as part of a special campaign to regulate online information dissemination in the automotive sector.

Representatives from 15 automakers including SAIC (SHA:600104), Tesla, BYD (HKG:1211, SHE:002594), Xiaomi (HKG:1810), XPeng (HKG:9868), NIO (HKG:9866, SGX:NIO), and Li Auto (HKG:2015) attended, alongside over 80 major dealer groups and platforms like Xiaohongshu, Bilibili (HKG:9626) and Hupu, according to a Wednesday statement.

Officials outlined key governance areas and regulatory requirements. The market regulator detailed pricing compliance guidelines covering manufacturing to sales.

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