BingEx Ltd Files 2024 Annual Report
Ticker: FLX · Form: 20-F · Filed: Apr 25, 2025 · CIK: 1858724
Sentiment: neutral
Topics: annual-report, financials, preferred-stock, transportation
TL;DR
BingEx Ltd dropped its 2024 20-F, showing preferred stock details. Looks like business as usual.
AI Summary
BingEx Ltd filed its annual 20-F report for the fiscal year ending December 31, 2024. The company, primarily involved in trucking and courier services, is incorporated in E9 and headquartered in Beijing, China. The filing details its financial structure, including various classes of preferred stock such as Series A, B, and C redeemable convertible preferred stock, and ordinary shares.
Why It Matters
This 20-F filing provides investors with a comprehensive overview of BingEx Ltd's financial health and corporate structure for the 2024 fiscal year, crucial for understanding its operational status and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard annual report, but the nature of the business (trucking/courier) and the presence of multiple preferred stock series suggest potential complexities and risks not immediately apparent without deeper analysis.
Key Numbers
- 20241231 — Fiscal Year End (Indicates the period covered by the financial statements.)
- 20250425 — Filing Date (The date the 20-F report was submitted to the SEC.)
Key Players & Entities
- BingEx Ltd (company) — Filer of the 20-F report
- 0001858724 (company) — Central Index Key for BingEx Ltd
- 20241231 (date) — Fiscal year end date
- 20250425 (date) — Filing date
- Beijing (location) — City of business and mailing address
FAQ
What is BingEx Ltd's primary business activity?
BingEx Ltd is primarily involved in TRUCKING & COURIER SERVICES (NO AIR), as indicated by its Standard Industrial Classification code [4210].
Where is BingEx Ltd headquartered?
BingEx Ltd's business and mailing addresses are located in Beijing, China.
What is the Central Index Key (CIK) for BingEx Ltd?
The CIK for BingEx Ltd is 0001858724.
What types of preferred stock does BingEx Ltd have?
BingEx Ltd has Series A, Series B, Series C, and Series C-One Redeemable Convertible Preferred Stock, as detailed in the filing for the fiscal years 2023 and 2024.
When did BingEx Ltd file its 20-F report?
BingEx Ltd filed its 20-F report on April 25, 2025.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 25, 2025 regarding BingEx Ltd (FLX).