According to news on the evening of March 15, CCTV’s 315 party exposed the illegal lifting of speed limits on electric bicycles, and Hello Rental electric bicycles were named. According to CCTV reports, Hello Electric Vehicles currently has more than 5,000 stores in more than 100 cities across the country. Staff at the Hello Rental electric bike rental store said that their electric bikes can reach a speed of up to 75 kilometers per hour.
Public information shows that the latest "Electric Bicycle Safety Technical Specifications" implemented by the country in 2025 clearly stipulates that the maximum design speed should not exceed 25 kilometers/hour, the battery pack's marked value should not exceed 48 volts, and the output power of the motor should be less than or equal to 400 watts.
Tianyancha App shows that Shanghai Junha Network Technology Co., Ltd., an affiliate of "Hello Rental Electric Vehicles", was established in August 2018. Its legal representative is Chi Xingde, with a registered capital of 2.05 billion yuan. Its business scope includes the rental of mechanical equipment, bicycles, electric bicycles, cars, and electric motorcycles. It is wholly owned by Shanghai Junfeng Network Technology Co., Ltd., an affiliate of Hello Travel.
According to traceability, Ant Technology Group Co., Ltd. holds approximately 36% of the shares through Shanghai Yunxin Venture Capital Co., Ltd. and Jiangsu Haro Puhui Technology Co., Ltd., making it the largest shareholder of the company involved.
