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The Sharing economy is becoming a bright spot in China's economic field. It provides broad space for companies, injects new value into brands, and generates huge potential. On July 29, Xingheng, the global leader of lithium battery for electric vehicles, appeared at the 20th Asia International Smart City Internet of Things Exhibition (2021 China · Beijing International Shared Lifestyle Exhibition), enabling the Sharing economy of the day through solutions such as technology, products, services and innovative models. At the same time, the operating brand "Chengman Electric" under Xingheng Power has landed heavily at this exhibition. Chengman Electric is a brand under Xingheng Power, committed to building a complete urban battery service network and a comprehensive service platform for efficient operation of shared bicycles. It is aimed at sub sectors such as shared bicycles, shared battery swapping (delivery riders), and express delivery, providing high-quality and efficient services that meet user needs, fully empowering shared travel.

Build a "city full power" service platform to empower shared travel

From sharing electric bicycles and power banks to sharing office spaces, "sharing" has changed the consumption and entrepreneurial patterns of Chinese people. The Report on the Development of China's Sharing economy (2021) released by the State Information Center of China shows that in 2020, the market transaction scale of China's Sharing economy will be about 3377.3 billion yuan, of which the market scale of Sharing economy for life services, production capacity, and knowledge and skills will be the top three. At the same time, the report also said that it is expected that the development speed of China's Sharing economy is expected to reach 10% -15% in 2021, and the average annual growth rate will remain above 10% in the next five years.

The importance of sharing in economic life is increasingly prominent, especially in the field of shared transportation. Shared electric bicycles, shared battery swapping (delivery riders), and express delivery all contain huge development potential. Many innovative internet companies not only supply products and services to end users, but also rely on upstream industry empowerment, which relies on technology, products, services, and management to provide continuous and reliable logistics support (services). In addition to maintaining its leading edge in technology and products, Xingheng took the lead in launching the sub brand of "city full power" to better empower the Sharing economy and solve the pain points at each node of the sharing trip.

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