Abstract: Current studies on operation plan of shared bicycle systems mainly focus on qualitative analyses that are varied in terms of criteria and corresponding conclusions are often inconsistent with observed consequences.Thus they cannot be applied to design operation plan of publicly shared electric bicycle systems which have a much higher require-ment of funds and facilities than shared bicycle systems.In order to overcome these problems,a quantitative model is pro-posed in this paper.First,a 0-1 mixed integer-programming model is constructed to select suppliers of public electric bi-cycle systems.Second,a dynamic programming model is developed to allocate resources.A numerical example based on simulation reveals that:①compared with qualitative analyses regarding capital and income as priorities,a quantitative model can relieve financial burden for the government by decreasing its capital requirement by 18.68% and 23.09%,re-spectively.②It is highly recommended by integrating both the government and enterprises during construction and opera-tion period of publicly shared electric bicycle systems.③The start-up stage of the systems is more sensitive to the funds provided by the government than in operation stage,thus it is necessary to increase the investment from the government during the start-up stage.