People's Travel is a leading smart city operator in the industry. It is an advocate and pioneer in the field of smart transportation, new national standard two-wheel electric bicycle manufacturing, new energy distributed application and new energy regeneration integration solutions. The company has been deeply involved in the data field and has been approved as a specialized, specialized, and new small and medium-sized enterprises in China, high-tech innovation enterprises in China, a planned listing enterprise in Guangxi Zhuang Autonomous Region, and a major project enterprise. In 2021, the company took the lead in entering the field of new energy smart slow-moving transportation and launched the "People's Travel 5G Smart Travel" project. It has currently launched and operated more than 680,000 electric bicycles in more than 140 cities across the country, with a market share of 10.12%, which is becoming an important foundation and beneficial supplement to the urban travel network.

In order to explore the optimal solution for electric bicycle charging, People's Travel has carried out integrated projects in the field of new energy consumer charging and swapping. At present, smart charging and swapping stations have been built in Nanning City, exploring and promoting the people's travel model of "centralized charging" and "replacement instead of charging", and driving the orderly development of the national electric vehicle charging and swapping market. At present, the electric bicycle industry lacks unified standards and specifications, and the quality of electric bicycle products on the market is uneven. Based on the technology and brand advantages accumulated by continuous innovation, People's Travel is committed to leading the industry's standardization and standardization transformation and upgrading. It will jointly establish an electric bicycle and battery production base in Nanning, Guangxi with Xinri Electric Vehicle, and introduce upstream and downstream industrial chain enterprises to improve supporting capabilities, strengthen chains, supplement chains, and extend chains, and gradually create a new highland for the gathering of "scale + industrial chains" to promote the healthy and sustainable development of the industry.