Company Overview - Smart Share Global Limited, also known as Energy Monster, is a consumer tech company specializing in mobile device charging services [3] - The company operates the largest mobile device charging service network in China, with a leading market share [3] - As of September 30, 2023, the company had 8 7 million power banks deployed across 1,189,000 points of interest (POIs) in over 2,000 counties and county-level districts in China [3] Sustainability Campaign - Energy Monster launched a new power bank sustainability campaign aimed at enhancing the utilization of power banks by incentivizing users to recycle previously purchased power banks [1] - The campaign encourages users to return their power banks to Energy Monster's cabinets, which are equipped to assess the eligibility of returned power banks [2] - Users returning eligible power banks will receive mobile device charging service vouchers as an incentive [2] - The company has previously collected over 50,000 power banks through earlier versions of this campaign [3] Environmental Impact - Energy Monster's mobile device charging service has a net positive environmental impact by promoting power bank sharing and reducing individual ownership [1] - The company's sustainability campaign aligns with its founding principles of shared economy and environmental sustainability [3] - Energy Monster manages a distributed network of energy storage systems consisting of over 8 million power banks across China [3] Industry Leadership - Energy Monster is the industry leader in China's mobile device charging service market [3] - The company's extensive network and market share position it as a key player in driving sustainability initiatives within the industry [3]
Smart Share Global Limited Launches New Power Bank Sustainability Campaign