--- 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-W Kicks off 2027 Campus Recruitment Incl. HK, Adds 10+ AI-Native Positions](https://longbridge.com/en/news/296190753.md) - [McDonald’s Just Started Selling Energy Drinks. How to Play MCD Stock Here.](https://longbridge.com/en/news/296685013.md) - [DDL: Net income jumped 153.5% on 8.6% revenue growth, with China divestiture pending](https://longbridge.com/en/news/296471627.md) - [A new look and fresh merch are winning customers back at Target as sales rebound](https://longbridge.com/en/news/296379065.md) - [China's JD.Com, Meituan, Alibaba Speed Discount Supermarket Expansion](https://longbridge.com/en/news/296069444.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**