Beijing and Shanghai have given no indication of whether the bans will be lifted.
Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
Bike companies have a longer time for implementation than previously announced.
Discarded bikes are languishing after the rental-bike boom went bust due to high retrieval costs.
The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
As the bike-rental craze cools down, so do Chinese firms’ ambitious globalization plans.
The law comes as concern mounts about the financial stability of a number of mobility firms in the rental economy sector.
All of China’s most visible mobility players have undergone significant change over the last 12 months.
Didi hopes new strategies will help it complete a U-turn that will get it out of the dead-end in which it finds itself.
Foshan will require Mobike, ofo, and other bike rental companies to hand over users blacklisted for bad parking.