Legal analysis: 1. Franchising refers to an individual or enterprise (i.e. franchisor) who owns a unique product, equipment, business patent or service mark, and grants other individuals or enterprises (i.e. franchisees) the right to conduct inter-bank business activities in a specific area and within a specified period of time in a predetermined way.

2. Franchise generally includes three different forms: trademark franchise, product franchise and operation mode franchise.

3. There are two ways to obtain franchise. The first way is that the state or government issues relevant policies to franchise some special industries or special products to some enterprises. This is a friendship that needs to be applied. Another way is that some enterprises will. It is also a way of franchising to provide the intellectual property rights, patents or trademark service products of its enterprises to units or individuals free of charge. Bidding is not the only way.

Legal basis: Article 12 of the Measures for the Administration of Municipal Public Utilities Franchise: "The franchise period shall be determined according to factors such as industry characteristics, scale and mode of operation, and the longest period shall not exceed 30 years." The longest franchise period is 30 years, but it is usually 10 year. Unless the franchisee is seriously unable to fulfill its obligations, it will apply for an extension.