Not much official infos, but i found this site:

club.autohome.com.cn/bbs/thread-a-100029-60623027-1.html

They write if the bike is lost, insurance will pay 600-800 RMB!?

@Geezer: The funny thing is, the GPS thingy isn't battery-powered. My first thought was like yours, they just cut the power and the signal is gone. My neighbour showed me his plate and it looks like a normal one... just bigger than the old plates for ebikes.

@Dazzer: They will also engrave the plate-number on the bike-frame like with the normal registration/plates you could do before.

Kunming police is delivering green numberplates for e-bikes on street corners atm. Price is 150 RMB/Plate and it does have GPS build in. In case the bike is stolen, the police "could" track it down and if they can't find it, there will be insurance paying for the bike. If someone does have more accurate information, please share!

Animal Farm / Doolittle's / Waterhole

@tigertiger:

Yeah the P3 upwards all can do stuff like that too. But also interesting gear the small ones with smartphone as remote.
Can shoot videos without a whole filmcrew whirling around. :)