Financial Data and Key Metrics Changes - In Q2 2025, the company recorded total revenue of RMB 1.02 billion, a decrease from RMB 1.18 billion in the same period of 2024, primarily due to lower order volumes amid competitive dynamics [18][20] - Gross profit margin increased by 1.2 percentage points year over year to 12%, reflecting improved operational efficiency and cost management [18][19] - Adjusted net profit for the quarter was $45.6 million, down from $59.1 million in Q2 2024 [20] Business Line Data and Key Metrics Changes - The company fulfilled 123 million orders in the first half of 2025, maintaining steady average selling price (ASP) compared to the previous year [27] - The share of CN orders saw a slight positive increase, indicating a stable performance in the business lines [27] Market Data and Key Metrics Changes - The instant delivery industry continued to grow steadily, with flowers and cakes maintaining a significant market share due to unique demand [6][7] - The competitive landscape in the food delivery market remains intense, impacting order volumes and rider supply across the industry [30][33] Company Strategy and Development Direction - The company is focusing on enhancing product and service quality through a tiered operational strategy and in-depth analysis of user groups [5][6] - Plans to expand service offerings and deepen collaborations with high-value merchants are in place to enhance user satisfaction and drive repeat purchases [15][28] - The company aims to integrate its brand into users' daily lives through innovative marketing strategies and scenario-based initiatives [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a recovery in overall order volume in the second half of 2025, as competition stabilizes [28][29] - The company remains committed to optimizing resource allocation and capturing emerging opportunities for sustainable growth [21] Other Important Information - The company has implemented a comprehensive rider support system, including subsidies, training, and rewards, to maintain a stable and efficient delivery team [13][31] - Cash and cash equivalents totaled RMB 827.8 million as of the end of Q2 2025, indicating a healthy cash position [20] Q&A Session Summary Question: Could you please share the company's order volume and ASP for this quarter broken down by 2B and 2C business? How do you project the trend for order volume and ASP in the second half of the year? - The company fulfilled 123 million orders in the first half of 2025, with ASP holding steady compared to last year, and expects a recovery in overall order volume in the second half [27][28] Question: How would you assess rider's thickness and retention metrics? What trajectory should we anticipate for rider incentive budget this year? - The company reported strong registered and new rider numbers, with no notable impact from market fluctuations, and is focusing on optimizing rider productivity through an intelligent dispatch system [30][31]

Core Viewpoint - BingEx Limited, operating under the brand "FlashEx," reported its second quarter financial results for 2025, highlighting its resilience in a competitive market and commitment to service quality and operational excellence [1][3]. Financial Performance - Revenues for the second quarter of 2025 were RMB1,024.6 million (US$143.0 million), a decrease from RMB1,176.7 million in the same period of 2024, primarily due to a decline in order volume amid intensified competition [4][6]. - The cost of revenues was RMB901.9 million (US$125.9 million), down from RMB1,049.8 million in the same period of 2024, aligning with the revenue decline [4]. - Gross profit was RMB122.7 million (US$17.1 million), slightly down from RMB127.0 million in the same period of 2024, with a gross profit margin of 12.0%, improving from 10.8% year-over-year [5][6]. - Total operating expenses increased by 22.1% to RMB103.4 million (US$14.4 million) from RMB84.7 million in the same period of 2024 [5][6]. - Net income attributable to ordinary shareholders reached RMB53.5 million (US$7.5 million), a significant increase from RMB22.3 million in the same period of 2024 [9][10]. Operational Highlights - The number of orders fulfilled in the second quarter of 2025 was 64.8 million, reflecting the company's operational scale [6]. - The company emphasized its focus on enhancing operational efficiency and deepening partnerships with enterprise clients, which contributed to its financial results [3][4]. Strategic Outlook - The management expressed optimism about the long-term potential of the on-demand retail market and plans to broaden its presence in this sector to unlock new growth pathways [3]. - The company is committed to delivering customized, high-value services while exploring new user scenarios to meet diverse customer needs [3]. Share Repurchase Program - As of August 18, 2025, the company had repurchased approximately 0.8 million American Depositary Shares (ADSs) for an aggregate consideration of approximately US$2.6 million under its share repurchase program [11].

Group 1 - The stock price of Flash Delivery (FLX) increased by 2.54% on August 18, reaching $3.23 per share, with a total market capitalization of $221 million [1] - As of March 31, 2025, Flash Delivery reported total revenue of 961 million RMB, a year-on-year decrease of 13.27%, and a net profit attributable to shareholders of -10.269 million RMB, a year-on-year decrease of 115.9% [1] Group 2 - Flash Delivery is scheduled to disclose its mid-year report for the fiscal year 2025 on August 28, with the actual disclosure date subject to company announcement [2] - The company is registered in the Cayman Islands and primarily operates through its domestic entity subsidiary, Beijing Tongcheng Biying Technology Co., Ltd., providing on-demand delivery services via its mobile platform and website [2]

8月28日，闪送将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间，实际 披露日期以公司公告为准）。 资料显示，闪送必应有限公司是一家在开曼群岛注册成立的境外控股母公司,主要由其境内实体子公司 Beijing Tongcheng Biying Technology Co., Ltd.运营。公司通过其全资子公司、可变利益实体(VIE)和VIE 的子公司(统称为集团),主要通过其移动平台和网站向客户提供按需专用快递服务。 本文源自：金融界 作者：行情君 8月13日，闪送(FLX)盘中上涨3.89%，截至22:20，报3.205美元/股，成交2459.0美元，总市值2.19亿美 元。 财务数据显示，截至2025年03月31日，闪送收入总额9.61亿人民币，同比减少13.27%；归母净利 润-1026.9万人民币，同比减少115.9%。 大事提醒： ...

Participants are required to pre-register for the conference call at: https://register-conf.media-server.com/register/BI3857db826af14ea4b2f6d197e63fdee8 Upon registration, participants will receive an email containing participant dial-in numbers and a personal PIN to join the conference call. BEIJING, Aug. 12, 2025 (GLOBE NEWSWIRE) -- BingEx Limited ("BingEx" or the "Company") (Nasdaq: FLX), a leading on-demand dedicated courier services provider in China (branded as "FlashEx"), today announced that it will ...

8月11日，闪送(FLX)开盘上涨2.73%，截至21:30，报3.195美元/股，成交1616.0美元，总市值2.19亿美 元。 资料显示，闪送必应有限公司是一家在开曼群岛注册成立的境外控股母公司,主要由其境内实体子公司 Beijing Tongcheng Biying Technology Co., Ltd.运营。公司通过其全资子公司、可变利益实体(VIE)和VIE 的子公司(统称为集团),主要通过其移动平台和网站向客户提供按需专用快递服务。 本文源自：金融界 财务数据显示，截至2025年03月31日，闪送收入总额9.61亿人民币，同比减少13.27%；归母净利 润-1026.9万人民币，同比减少115.9%。 作者：行情君 大事提醒： 8月28日，闪送将披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国当地时间，实际 披露日期以公司公告为准）。 ...

Group 1 - The stock price of Flash Delivery (FLX) increased by 4.69% on August 8, reaching $3.35 per share, with a total trading volume of $422,100 and a market capitalization of $229 million [1] - As of March 31, 2025, Flash Delivery reported total revenue of 961 million RMB, a year-on-year decrease of 13.27%, and a net profit attributable to the parent company of -10.269 million RMB, representing a year-on-year decrease of 115.9% [1] Group 2 - Flash Delivery is set to disclose its mid-year report for the fiscal year 2025 on August 28, with the actual disclosure date subject to the company's announcement [2] - The company is registered in the Cayman Islands and primarily operates through its domestic entity subsidiary, Beijing Tongcheng Biying Technology Co., Ltd., providing on-demand delivery services via its mobile platform and website [2]

Group 1 - The stock price of Flash Delivery (FLX) increased by 6.72% on August 7, reaching $3.415 per share, with a total market capitalization of $234 million [1] - As of March 31, 2025, Flash Delivery reported total revenue of 961 million RMB, a year-on-year decrease of 13.27%, and a net profit attributable to the parent company of -10.269 million RMB, representing a year-on-year decrease of 115.9% [1] Group 2 - Flash Delivery is set to disclose its fiscal year 2025 mid-term report on August 28, with the actual disclosure date subject to the company's announcement [2] - The company is registered in the Cayman Islands and primarily operates through its domestic entity subsidiary, Beijing Tongcheng Biying Technology Co., Ltd., providing on-demand delivery services via its mobile platform and website [2]

Core Viewpoint - Flash Delivery (FLX) has experienced a stock price increase of 2.19%, reaching $3.27 per share, with a total market capitalization of $224 million as of August 7 [1] Financial Performance - As of March 31, 2025, Flash Delivery reported total revenue of 961 million RMB, reflecting a year-on-year decrease of 13.27% [1] - The company recorded a net loss attributable to shareholders of 10.269 million RMB, which represents a year-on-year decline of 115.9% [1] Upcoming Events - Flash Delivery is scheduled to disclose its fiscal year 2025 interim report on August 28, with the actual release date subject to company announcement [1] Company Overview - Flash Delivery is a Cayman Islands-registered holding company primarily operated by its domestic entity subsidiary, Beijing Tongcheng Biying Technology Co., Ltd. [1] - The company provides on-demand dedicated courier services through its mobile platform and website, utilizing wholly-owned subsidiaries, variable interest entities (VIEs), and their subsidiaries [1]

Group 1 - The stock price of Flash Delivery (FLX) increased by 2.24% on August 6, reaching $3.20 per share, with a total market capitalization of $219 million [1] - As of March 31, 2025, Flash Delivery reported total revenue of 961 million RMB, a year-on-year decrease of 13.27%, and a net profit attributable to shareholders of -10.269 million RMB, a year-on-year decrease of 115.9% [1] Group 2 - Flash Delivery is set to disclose its mid-year report for the fiscal year 2025 on August 28, with the actual disclosure date subject to the company's announcement [2] - The company is registered in the Cayman Islands and primarily operates through its domestic entity subsidiary, Beijing Tongcheng Biying Technology Co., Ltd., providing on-demand delivery services via its mobile platform and website [2]