---
title: "Charging will only start after five minutes. Beijing launches a self-discipline convention for the shared power bank industry"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253747108.md"
description: "The Beijing Consumers Association has launched the \"Self-Regulatory Convention for the Shared Power Bank Industry in Beijing,\" aimed at regulating the development of the shared power bank industry. The convention proposes nine measures, including transparent charging, convenient borrowing and returning, and efficient complaint response. Eight companies, including Smart Share Global, Meituan, and Jiedian, have signed the convention, committing to optimize the pricing model, with rental fees calculated in units not exceeding 15 minutes, and ensuring that shared power banks maintain a high charge and inform consumers of the remaining battery level"
datetime: "2025-08-20T06:20:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253747108.md)
  - [en](https://longbridge.com/en/news/253747108.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253747108.md)
generator: "portal-rs"
---

# Charging will only start after five minutes. Beijing launches a self-discipline convention for the shared power bank industry

As an important convenience facility to address the public's emergency charging needs, shared power banks have achieved widespread coverage in large commercial areas, transportation hubs, and cultural tourism scenic spots. To further standardize industry development, the Beijing Consumers Association has launched the "Self-Regulatory Convention for the Shared Power Bank Industry in Beijing," proposing nine measures focusing on transparent pricing, convenient borrowing and returning, and efficient complaint responses. Eight companies, including Smart Share Global, Meituan, and Street Electric, which cover 95% of operational points in the city, have signed the convention, committing to ensure service implementation through gradual technological upgrades and staff training. Optimize the pricing model. The rental fee time unit shall not exceed 15 minutes, and the fee for the first time unit will be charged after 5 minutes of use. From the second time unit onwards, no fee will be charged if the usage is less than one time unit. Maintain high battery levels for lending. Shared power banks should maintain a high battery level when lent out and clearly inform consumers of the remaining battery percentage

### Related Stocks

- [EM.US](https://longbridge.com/en/quote/EM.US.md)
- [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md)
- [03690.HK](https://longbridge.com/en/quote/03690.HK.md)

## Related News & Research

- [Meituan Launches Its Second Drone Delivery Network in China at Shanghai West Bund](https://longbridge.com/en/news/298877327.md)
- [CEO Wang Xing: MEITUAN-W, Facing Uncertainties and Challenges Brought by AI, Upholds Long-term Value](https://longbridge.com/en/news/298706741.md)
- [Data centers light fire under uranium prices](https://longbridge.com/en/news/298537322.md)
- [Meituan and McDonald’s open China’s first dedicated drone-delivery route for a restaurant brand](https://longbridge.com/en/news/298693852.md)
- [e.l.f. Beauty (ELF) Expands Naturium At Sephora, Is The Upside Already Priced In?](https://longbridge.com/en/news/298839317.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**