2.7 Million Couriers Deliver Shansong to a U.S. IPO!
BingEx (Shansong) launches IPO process with 2.7M couriers, aiming for Nasdaq listing, driven by market growth and government subsidies.
Recently, BingEx Limited (Shansong) launched its Pre-Deal Investor Education (PDIE) program, considered a key step before its IPO.
On September 13, the company filed an F-1 form with the SEC, officially beginning its listing process.
According to the prospectus, founder Xue Peng holds 22.7% of shares directly. Xue Peng and his family also own 20.7% through Snoweagle-s Limited Trust, making them the largest shareholders.
As of June 30, 2024, Shansong disclosed it had about 2.7 million registered couriers.
If the IPO succeeds, it would be backed by these 2.7 million registered couriers.
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