Yang Lei, co-founder and CEO of Chinese bike sharer Hellobike delivered a speech centering "technology reshapes transportation." Hellobike has deconstructed and reconceptualized "shared bike." Instead of "bikes + locks," Hellobike redefines bike-sharing as a business relying on intelligent hardware operation. For the past few years, Hellobike transformed the traditional bicycle industry into a high-tech industry via technology and data AI. For the first time, the large-scale public application of the intelligent IoT realized in a strict sense. The improvements brought about by Hellobike are evident in three aspects: smart locks, creative positioning, and innovative operations.