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.
Flash Delivery (FLX, Financial) has successfully launched its initial public offering (IPO) on the U.S. stock market. The company's stock price increased by 0.85% to $16.64.
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.
| Air Freight & Logistics Industry | Industrials Sector | Peng Xue CEO | NASDAQ (NGS) Exchange | US0903371062 ISIN |
| CN Country | 1,046 Employees | - Last Dividend | - Last Split | - IPO Date |
BingEx Limited is a dynamic company situated in the bustling marketplace of the People's Republic of China, primarily focused on redefining the courier service industry. Founded in 2013 and with its headquarters in Beijing, BingEx Limited has made significant strides in establishing its presence as a leading provider of on-demand dedicated courier services. Operating under the brand name FlashEx, the company has seamlessly integrated technology with logistics to offer innovative delivery solutions. Catering to both individual and business clients, BingEx Limited has carved out a niche for itself by offering reliable, efficient, and fast courier services, enhancing the way local retailers, restaurants, and logistics companies manage their delivery requirements. Through its advanced mobile platform and user-friendly website, BingEx Limited is committed to improving the delivery experience for all its customers, underscored by its commitment to excellence and customer satisfaction.
Under the FlashEx brand, BingEx Limited offers premier on-demand dedicated courier services. This includes the deployment of Flash-Riders, a team of skilled couriers who provide swift and reliable delivery services. These services are specifically designed to cater to the urgent delivery needs of individuals and businesses across the People's Republic of China, ensuring that packages reach their destinations quickly and safely.
BingEx Limited harnesses the power of technology to facilitate its courier services. The company's innovative mobile platform and easy-to-navigate website enable customers to place and track orders in real-time, offering a seamless and hassle-free user experience. This digital approach not only enhances operational efficiency but also provides transparency and convenience for users, whether they are individual customers or businesses seeking dependable courier solutions.