We are a holding company whose main subsidiary runs a major on-demand dedicated courier service in China. (Incorporated in the Cayman Islands) 

Our mission is to make people’s lives better through our services.

We are the pioneer in providing on-demand dedicated courier services for individual and business customers with superior time certainty, delivery safety and service quality. We brand our services as “FlashEx,” or “闪送” (pronounced as “Shan Song”) in Chinese, which means delivery in a flash. FlashEx has become synonymous with on-demand dedicated courier services in China, according to iResearch.

We are the largest independent on-demand dedicated courier service provider in China as measured by revenue in 2023, according to iResearch. Since the inception of our commercial operation in 2014, our business has flourished with individual and business customers embracing the on-demand dedicated courier industry. As of June 30, 2024, we had approximately 2.7 million registered riders, and had expanded our services coverage to 295 cities in China. In 2023, our market share of the independent on-demand dedicated courier service in China was approximately 33.9%, according to iResearch.

Note: Net income and revenue are for the year that ended Dec. 31, 2023.

(Note: BingEx Limited priced its IPO at $16.50 – slightly above the mid-point of its $15.00-to-$17.00 price range – and sold 4.0 million shares – the number in the prospectus – to raise $66.0 million on Thursday night, Oct. 3, 2024. Background: BingEx Limited disclosed terms for its IPO in an  F-1/A filing: 4.0 million American Depositary Shares (ADS) at $15.00 to $17.00 to raise $64.0 million. Each ADS represents three Class A ordinary shares. Background: BingEx filed its F-1 for its IPO on Sept. 16, 2024, without disclosing terms. The IPO is expected to raise about $100 million, a placeholder figure. Background: BingEx Limited submitted confidential IPO documents to the SEC on June 10, 2021.)