BingEx Limited (Ticker: FLX) is a holding company that operates the largest independent on-demand dedicated courier service in China through its subsidiary, FlashEx (闪送). The company provides courier services for both individual and business customers with a focus on time certainty, delivery safety, and service quality. As of June 30, 2024, BingEx had 2.7 million registered riders, covering 295 cities in China. In 2023, it held a 33.9% market share in its sector.

BingEx Limited is offering 4.0 million American Depositary Shares (ADS) at a price range of $15.00 to $17.00 per share, aiming to raise $64.0 million. The company will list on NASDAQ on October 4, 2024. The offering is managed by Deutsche Bank Securities, CICC, and CLSA.