BingEx Ltd (FLX) executive reports major direct and indirect share stakes

Rhea-AI Filing Summary

BingEx Ltd Executive President Yu Hongjian filed an initial ownership report for Class A ordinary shares of FLX. The filing shows direct ownership of 1,499,931 Class A ordinary shares and indirect ownership of 3,152,991 Class A ordinary shares held through Y&X Changan Limited.

The report also lists 500,000 restricted share units, each representing the right to receive one Class A ordinary share at no exercise price. According to the disclosure, these remaining units were granted on June 14, 2021 and vest in equal installments on January 3, 2026, April 3, 2026, July 3, 2026 and October 3, 2026.

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Yu Hongjian

(Last) (First) (Middle)

NO.1 YONGTAIZHUANG NORTH ROAD,

HAIDIAN DISTRICT

(Street)

BEIJING 100192

(City) (State) (Zip)

CHINA

(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)
	Executive President

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 A ordinary shares	3,152,991	I	By Y&X Changan Limited
Class A ordinary shares(1)	1,499,931	D

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
Restricted Share Units	(2)	(2)	Class A ordinary shares	500,000	(3)	D

Explanation of Responses:

1. Acquired upon vesting of restricted share units.

2. These restricted shares units were granted on June 14, 2021. The remaining 500,000 restricted share units vest on January 3, 2026, April 3, 2026, July 3, 2026 and October 3, 2026 in equal installments.

3. Each restricted share unit represents the contingent right to receive one Class A ordinary share.

	/s/ Hongjian Yu	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 the FLX Form 3 filing by Yu Hongjian show?

The FLX Form 3 shows Executive President Yu Hongjian’s initial ownership in BingEx Ltd, including direct and indirect Class A ordinary shares and outstanding restricted share units that convert into Class A shares as they vest over time.

How many Class A ordinary shares of FLX does Yu Hongjian hold directly and indirectly?

The filing reports 1,499,931 Class A ordinary shares held directly and 3,152,991 Class A ordinary shares held indirectly through Y&X Changan Limited, detailing both personal and entity-related ownership stakes in BingEx Ltd.

What restricted share units are reported for Yu Hongjian in FLX?

The filing lists 500,000 restricted share units, each representing a contingent right to receive one Class A ordinary share. These units were granted on June 14, 2021 and remain unexercised, providing potential future equity in BingEx Ltd.

When do Yu Hongjian’s FLX restricted share units vest?

The remaining 500,000 restricted share units vest in four equal installments on January 3, 2026, April 3, 2026, July 3, 2026 and October 3, 2026, gradually increasing the executive’s entitlement to Class A ordinary shares.

How are the FLX restricted share units linked to Class A ordinary shares?

Each restricted share unit corresponds to a contingent right to receive one Class A ordinary share of BingEx Ltd. As these units vest on scheduled dates, the underlying Class A ordinary shares can be delivered to the reporting person.

Who holds the indirect FLX shares reported for Yu Hongjian?

The indirect Class A ordinary shares, totaling 3,152,991, are held by Y&X Changan Limited. The Form 3 attributes these holdings as indirect ownership for Executive President Yu Hongjian, reflecting shares controlled through this related entity.