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bingex limited (hereinafter referred to as "bingex") officially submitted the f-1 document to the u.s. securities and exchange commission (sec) on september 13, eastern time, and plans to be listed on the nasdaq with the stock code "flx". cicc, citic clsa securities, deutsche bank and ubs serve as underwriters.

on july 4 this year, the international cooperation department of the china securities regulatory commission disclosed the filing notice for shansong's listing in the united states. founded in 2014, shansong focuses on providing one-to-one delivery services for individual and corporate customers. as of june 30, 2024, shansong's business scope covers 295 cities in china, with about 2.7 million registered riders.according toaccording to iresearch consulting, based on revenue in 2023,flash deliveryit is china's largest independentone-to-one deliverycourier service providers，2023years in chinaindependentone-to-one deliverycourier servicemarket share of about 33.9%share.

from 2021 to 2023, and in the first half of this year, shansong completed 158.6 million, 213.4 million, 270.7 million, and 138.1 million orders, respectively. according to iresearch, in 2023 and the first half of this year, shansong's average delivery time was faster than that of other major players in the industry, with the average city-wide delivery time being 27 minutes in the first half of this year. according to iresearch, the total market size of china's one-to-one express delivery industry has increased from 164.1 billion yuan in 2019 to 338.5 billion yuan in 2023 at a compound annual growth rate of 19.8%, and is expected to continue to grow at a compound annual growth rate of 19.1% to 809.6 billion yuan in 2028.