BingEx Ltd Executive President Yu Hongjian increased his direct stake through the vesting and settlement of equity awards. On March 19, 2026, 125,000 restricted share units converted into 125,000 Class A ordinary shares at no exercise price, reflecting previously granted compensation.
Footnotes explain these units vested on January 3, 2026 and were settled into shares on March 19, 2026, with each unit representing one Class A ordinary share. A small adjustment of 17 shares at $0.86 per share covered administrative fees and ADS ratio effects, leaving Yu with 1,624,914 Class A shares directly owned after the transactions.
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.
BingEx Ltd director Yang Zhihui filed an initial Form 3 showing his equity interests in the company. He directly holds 14,763 Class A ordinary shares.
He also holds 24,000 restricted share units, each representing one Class A ordinary share. These RSUs were granted on November 26, 2024 and are scheduled to vest in equal installments on October 7, 2026, 2027 and 2028.
BingEx Ltd’s Form 3 shows that Chief Financial Officer Tang Le has a meaningful equity position in the company. Tang Le directly holds 749,952 Class A ordinary shares, plus equity awards that can turn into more shares over time.
The filing lists 250,000 restricted share units, each representing the right to receive one Class A ordinary share. These remaining RSUs vest in equal installments on January 3, 2026, April 3, 2026, July 3, 2026 and October 3, 2026. In addition, Tang Le holds stock options to buy 100,000 and 50,000 Class A ordinary shares at an exercise price of $1.74 per share, with expirations in 2027 and 2028. This combination of shares, RSUs and options ties a significant portion of the CFO’s compensation to BingEx’s future share performance.
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.
BingEx Ltd director Hong Weili has filed an initial ownership report showing his current equity stake in the company. The filing lists direct ownership of 9,978 Class A ordinary shares and 15,000 restricted share units.
Each restricted share unit represents the right to receive one Class A ordinary share. According to the disclosure, these restricted share units were granted on November 26, 2024, and the remaining 15,000 units are scheduled to vest on October 7, 2026, 2027 and 2028 in equal installments. This filing is a baseline statement of his holdings rather than a buy or sell transaction.
BingEx Ltd director Ru Haibo has filed an initial ownership report on Form 3 for Class A ordinary shares of FLX. The filing shows indirect ownership of 5,577,058 Class A ordinary shares held through Halfmoon Pavilion BeingEx Limited and 3,981,294 Class A ordinary shares held through Black Opal BeingEx Limited. These entries reflect existing holdings rather than new share purchases or sales.
BingEx Ltd director liu jing has filed an initial insider ownership report for the company’s Class A ordinary shares. The filing shows direct ownership of 9,978 Class A ordinary shares and 15,000 restricted share units, each representing the right to receive one Class A ordinary share at an exercise price of 0.0000 per share.
The restricted share units were granted on November 26, 2024. According to the disclosure, the remaining 15,000 restricted share units will vest on October 7, 2026, October 7, 2027 and October 7, 2028 in equal installments, potentially increasing liu jing’s direct share ownership over time if they are settled in shares.
BingEx Limited reported unaudited fourth quarter and full-year 2025 results showing a clear move back into profitability despite softer revenue. Full-year revenues were RMB3,992.1 million, down from RMB4,468.2 million in 2024, mainly due to lower order volume amid intense competition.
Net income for 2025 reached RMB109.4 million versus a net loss of RMB146.5 million in 2024, while non-GAAP net income was RMB199.4 million. Operating efficiency improved, with gross margin rising to 11.8% and operating expenses falling 18.1%. The company ended 2025 with RMB951.6 million in cash, restricted cash and short-term investments, and its board extended a share repurchase program allowing up to US$30.0 million of buybacks through April 1, 2027.
CDH Venture Capital III Limited and related CDH entities report beneficial ownership of 10,615,386 Class A ordinary shares of BingEx Ltd, representing 6.3% of the class as of December 31, 2025.
The ownership percentage is based on 167,811,951 Class A ordinary shares outstanding as of February 28, 2025. As of December 31, 2025, all of these Class A shares were converted into American depositary shares, with each ADS representing three Class A shares, and the ADSs trading on the Nasdaq Global Select Market under the symbol "FLX".