--- title: "Chengdu releases self-discipline convention for the shared power bank industry: avoid \"excessive charging\" and compress billing time unit to within 15 minutes" type: "News" locale: "en" url: "https://longbridge.com/en/news/263452517.md" description: "On October 30th, Chengdu released the \"Self-Regulatory Convention for the Shared Power Bank Industry,\" aimed at protecting consumer rights. The convention requires companies to disclose prices and billing methods, avoid ambiguous charges, and provide at least 5 minutes of free usage time. The billing time unit is compressed to within 15 minutes, with the first billing unit starting only after exceeding the free usage time, and hourly billing is prohibited. Eight mainstream companies, including Meituan and Smart Share Global, have signed this convention" datetime: "2025-10-30T08:03:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263452517.md) - [en](https://longbridge.com/en/news/263452517.md) - [zh-HK](https://longbridge.com/zh-HK/news/263452517.md) generator: "portal-rs" --- # Chengdu releases self-discipline convention for the shared power bank industry: avoid "excessive charging" and compress billing time unit to within 15 minutes On October 30th, the Chengdu Consumer Rights Protection Committee, Chengdu Market Supervision Administration, and Chengdu Economic and Information Bureau quickly took action and officially released the "Chengdu Shared Power Bank Industry Self-Discipline Convention," guiding eight mainstream companies including Meituan, Smart Share Global, Aito, Jiedian, Xiaodian, Shanceng, Xiudian, and Koala to sign the convention. The main contents of the convention include: eliminating "ambiguous charges," requiring companies to prominently display prices, billing methods, cap prices, deposit policies, etc., on the rental page or on the equipment; avoiding "excessive billing," providing no less than 5 minutes of free usage time, compressing the billing time unit to within 15 minutes, with the first billing unit starting only after exceeding the free usage time, and eliminating "rounding up by the hour," among other provisions ### Related Stocks - [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [EM.US](https://longbridge.com/en/quote/EM.US.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.**