BingEx Ltd (FLX) CEO Xue Peng discloses large indirect Class B share stakes

Rhea-AI Filing Summary

BingEx Ltd director and Chief Executive Officer Xue Peng filed an initial ownership report showing large indirect stakes in the company’s Class B ordinary shares. The filing lists 41,596,484 Class B shares held indirectly through Snoweagle-s Limited and 3,981,294 Class B shares held indirectly through Diamondbird-s Limited.

This Form 3 does not reflect new buying or selling activity; it establishes Xue Peng’s existing indirect ownership positions through these entities as of the reporting date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Xue Peng

(Last) (First) (Middle)

NO.1 YONGTAIZHUANG NORTH ROAD,

HAIDIAN DISTRICT

(Street)

BEIJING 100192

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
BingEx Ltd [ FLX ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B ordinary shares	41,596,484	I	By Snoweagle-s Limited
Class B ordinary shares	3,981,294	I	By Diamondbird-s Limited

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Peng Xue	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Xue Peng’s Form 3 filing for BingEx Ltd (FLX) show?

The Form 3 shows Xue Peng’s existing indirect ownership of BingEx Ltd Class B ordinary shares. It reports 41,596,484 shares held via Snoweagle-s Limited and 3,981,294 shares via Diamondbird-s Limited, without indicating new purchases or sales.

How many BingEx Ltd (FLX) Class B shares are held through Snoweagle-s Limited?

Snoweagle-s Limited is reported as holding 41,596,484 Class B ordinary shares of BingEx Ltd indirectly for Xue Peng. This stake is disclosed as part of his initial ownership statement and represents one of two indirect holding entities listed.

What is Diamondbird-s Limited’s indirect holding in BingEx Ltd (FLX)?

Diamondbird-s Limited is reported as holding 3,981,294 BingEx Ltd Class B ordinary shares indirectly for Xue Peng. This position, alongside the larger Snoweagle-s Limited stake, forms part of his disclosed indirect ownership in the company’s Class B shares.

Does Xue Peng’s BingEx Ltd (FLX) Form 3 indicate any share purchases or sales?

The Form 3 does not indicate any purchases or sales. It classifies the entries as holdings with unknown transaction codes, meaning the filing serves to disclose existing indirect Class B share ownership rather than to report new trading activity.

In what capacity is Xue Peng reporting his BingEx Ltd (FLX) holdings?

Xue Peng is reporting as both a director and Chief Executive Officer of BingEx Ltd. The Form 3 details his indirect beneficial ownership of Class B ordinary shares through Snoweagle-s Limited and Diamondbird-s Limited, fulfilling initial insider disclosure requirements.