PHOENIX¹, a 120-year-old bike producer based in Shanghai, will provide about 5 million bikes annually² for Ofo.

 

凤凰自行车，一个有120年历史的上海自行车厂，将每年为Ofo提供大约500万辆自行车。
 

 

They will target major Chinese cities including Beijing and Shanghai, as well as the overseas markets, the two companies said today, when they announced a strategic cooperation in the 2017 China International Bicycle Fair in Shanghai.

 

The strategic cooperation covers areas including manufacturing, branding and new models' development to meet quality standards on shared bikes in different countries. Every bike produced by Phoenix, compared with other Ofo bikes, will have a classic Phoenix logo.

 

Phoenix will also use its overseas distribution and logistics network to support Ofo's international expansion, as Phoenix is the largest original bike exporter in China, with registered trademarks³ in more than 80 countries and regions, according to the statement.

 

The two companies started business cooperation from about six months ago, mainly in bike manufacturing.

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