Hello Group establishes a presence in Nanjing.

On October 4, according to Nanjing Release, Hello Group's East China Regional Center signed an agreement with Nanjing. The Hello Group East China Regional Center project signed and landed this time involves a total investment of about 1 billion yuan and will build an innovation R&D center with hundreds of staff. According to this cooperation agreement, Hello Group will deploy smart battery swapping cabinet sites in Nanjing and carefully build comprehensive stations integrating electric bicycle rental and return, battery swapping services, and convenience facilities.