BingEx Limited American Depositary Receipt (FLX)
NASDAQ (NGS) NASDAQ (NGS) Primary 
BingEx Limited (FLX) Q3 2025 Earnings Call Transcript
BingEx Limited ( FLX ) Q3 2025 Earnings Call November 19, 2025 7:00 AM EST Company Participants Peng Xue - Founder, CEO & Chairman of the Board Le Tang - Chief Financial Officer Conference Call Participants Helen Wu Yu Zhang Presentation Operator Good day, and welcome to BingEx' 2025 Third Quarter Financial Results Conference Call. Today's conference is being recorded.
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BingEx Limited aims to raise $100 million in an IPO to expand its courier services in China. The company is producing a slower revenue growth rate but increasing gross profit and operating profit, with fluctuating cash flow from operations. BingEx faces intense competition in a fragmented market, with a focus on independent couriers and direct customer contact.
