BingEx Limited reported unaudited financial results for the second quarter ended June 30, 2026. Revenues declined to RMB940.3 million (US$138.6 million) from RMB1,024.6 million in the prior year period due to intensifying market competition. The company reported a net loss of RMB34.0 million compared to net income of RMB53.5 million previously. Gross profit fell to RMB95.5 million with a margin of 10.2%. Non-GAAP net income was RMB11.4 million, down from RMB45.6 million. The company repurchased approximately 3.9 million ADSs for US$11.8 million as part of an authorized program extending to April 1, 2027. BingEx Limited operates in the on-demand dedicated courier and logistics industry in China under the FlashEx brand.