Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
The law comes as concern mounts about the financial stability of a number of mobility firms in the rental economy sector.
Discarded bikes are languishing after the rental-bike boom went bust due to high retrieval costs.
Bike companies have a longer time for implementation than previously announced.
While Ofo’s legal troubles pile up, millions of users are reportedly still waiting for their deposits.
Ofo’s headquarters have shifted as it faces a reported cash crunch.
The Chinese bike rental firm is reportedly preparing for its bankruptcy reorganization plans.