YS launched a global market survey in 2023 to study the feasibility of shared electric vehicles. In early 2024, the company conducted trial operations in the market to test equipment performance and collect feedback, laying a solid foundation for future development.

In April 2025, YS obtained the market operation license and launched the official fee mechanism (3-10 RMB/hour). It features a 24/7 rental mechanism, allowing users to query and rent in real-time through the platform app.

Market share: Achieve a market share of at least 15% by December 31, 2027; Scale of deployment: Deploy at least 30000 shared bicycles in major cities in Oceania Fully operational: Ensure that all equipment in the advertising area is put into formal operation, providing users with an efficient, convenient, and safe riding experience.

Market Expansion: Broaden coverage to towns and villages to secure industry leadership. Equipment Quantity: Reach a total milestone of 100,000 active shared bicycles. Service Deepening: Optimize big data scheduling and operations for smart urban micro-transportation.