BingEx Limited Files Its 2025 Annual Report on Form 20-F

BingEx Limited (Nasdaq: FLX) filed its 2025 Annual Report on Form 20-F with the SEC on April 24, 2026, U.S. Eastern Time for the fiscal year ended December 31, 2025.

Rhea-AI Summary

BingEx Limited (Nasdaq: FLX) filed its 2025 Annual Report on Form 20-F with the SEC on April 24, 2026, U.S. Eastern Time for the fiscal year ended December 31, 2025. The electronic report and audited consolidated financial statements are available on the company investor relations website and the SEC site.

The company will provide a free hard copy of the annual report, including audited consolidated financial statements, to shareholders and ADS holders upon request via its Investor Relations Department in Beijing.

Argus Apr 24 session

+17.91% close to close Open Argus

Details

News Market Reaction – FLX

In the Apr 24 session, FLX gained 17.91%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +17.9% in the session following this news. A strong positive reaction aligns with B...

Analysis

The stock surged +17.9% in the session following this news. A strong positive reaction aligns with BingEx’s history of favorable responses to detailed financial disclosures, where earnings reports generated moves of 11.3% and 20.76%. However, this 20-F mainly formalized already released numbers and risk factors, so any outsized move could be sensitive to follow-through demand rather than new fundamentals. With shares trading well below the 200-day MA and 39.78% under the 52-week high, profit-taking risk and broader sector sentiment could influence sustainability.

Key Figures

2025 revenue: RMB3,992.1M 2025 net income: RMB109.4M Ordinary shares outstanding: 219,389,729 shares +5 more

2025 revenue

RMB3,992.1M

Consolidated revenue in 2025 from Form 20-F

2025 net income

RMB109.4M

Net income for year ended Dec 31, 2025

Ordinary shares outstanding

219,389,729 shares

Total ordinary shares as of Dec 31, 2025

Class A shares

173,811,951 shares

Class A ordinary shares outstanding as of Dec 31, 2025

Class B shares

45,577,778 shares

Class B ordinary shares outstanding as of Dec 31, 2025

VIE revenue contribution

18.2%

Portion of 2025 revenues from VIE structure

Current price

$2.68

Price before 20-F news on Apr 24, 2026

52-week range

$2.08–$4.45

52-week low and high before this filing

Historical Context

4 past events · Latest: Mar 17

4 events

1. Mar 17

   Full-year earnings

   24h Move

   +20.8%

   Reported FY2025 revenue and net income with improved gross margin and buyback extension.

2. Mar 10

   Earnings date notice

   24h Move

   -0.4%

   Announced timing and call details for Q4 and FY2025 earnings release.

3. Nov 19

   Quarterly earnings

   24h Move

   +11.3%

   Released Q3 2025 results with profitability and share repurchases despite lower revenue.

4. Nov 11

   Earnings date notice

   24h Move

   +0.6%

   Set reporting date and call schedule for Q3 2025 financial results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

form 20-f, securities and exchange commission, ads, audited consolidated financial statements

4 terms

form 20-f regulatory

"announced that it filed its annual report on Form 20-F for the fiscal year"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

securities and exchange commission regulatory

"for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

ads financial

"to its shareholders and ADS holders upon request."

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

audited consolidated financial statements financial

"hard copy of its annual report, containing audited consolidated financial statements, free of charge"

A set of financial reports that combine a parent company and all its subsidiaries into one overall picture, examined and verified by an independent auditor. Think of it as a household budget that merges every family member’s accounts and is then checked by a neutral accountant; it gives investors a single, trustworthy view of the group’s assets, debts, income and cash flow. That independent check matters because it reduces the chance of hidden problems and helps investors compare companies on a level playing field.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

BEIJING, April 24, 2026 (GLOBE NEWSWIRE) -- BingEx Limited (the “Company”) (Nasdaq: FLX), a leading on-demand dedicated courier service provider in China (branded as “FlashEx”), today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (“SEC”) on April 24, 2026, U.S. Eastern Time. The annual report in electronic format can be accessed on the Company’s investor relations website at http://ir.ishansong.com as well as on the SEC’s website.

The Company will provide a hard copy of its annual report, containing audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Investor Relations Department, BingEx Limited, Building 6, Zhongguancun Dongsheng International Science Park, No.1 Yongtaizhuang North Road, Haidian District, Beijing, 100080, People's Republic of China.

About BingEx Limited

BingEx Limited (Nasdaq: FLX) is a pioneer in China in providing on-demand dedicated courier services for individual and business customers with superior time certainty, delivery safety and service quality. The company brands its services as “FlashEx,” or “闪送”. FlashEx has become synonymous with on-demand dedicated courier services in China. With a mission to make people’s lives better through its services, FlashEx remains dedicated to consistently providing a superior customer experience and offering a unique value proposition to all participants in its business.

For more information, please visit: http://ir.ishansong.com.

Investor Relations Contact

In China:

BingEx Limited
Investor Relations
E-mail: ir@ishansong.com

Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: FlashEx@thepiacentegroup.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: FlashEx@thepiacentegroup.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did BingEx (FLX) file its 2025 Form 20-F and what period does it cover?

BingEx filed its 2025 Form 20-F on April 24, 2026, covering the fiscal year ended December 31, 2025. According to the company, the filing was submitted on that date in U.S. Eastern Time and includes audited consolidated financial statements for 2025.

Where can investors access BingEx Limited's 2025 annual report (FLX)?

Investors can access the 2025 annual report on the company's investor relations website and the SEC website. According to the company, the electronic Form 20-F is available at http://ir.ishansong.com and via the SEC's EDGAR portal for download.

Can shareholders and ADS holders request a hard copy of BingEx (FLX) 2025 annual report?

Yes. Shareholders and ADS holders can request a free hard copy of the annual report that includes audited consolidated financial statements. According to the company, requests should be directed to its Investor Relations Department in Beijing at the provided address.

Does BingEx's 2025 Form 20-F include audited consolidated financial statements?

Yes. The Form 20-F includes audited consolidated financial statements for the fiscal year ended December 31, 2025. According to the company, those audited statements are included in the electronic filing and in any requested hard copy of the report.

What contact details should investors use to request BingEx (FLX) 2025 annual report hard copies?

Requests should be sent to BingEx's Investor Relations Department at Building 6, Zhongguancun Dongsheng International Science Park, No.1 Yongtaizhuang North Road, Haidian District, Beijing 100080. According to the company, that address is provided for hard-copy requests by shareholders and ADS holders.