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FLX vs ZTO

BingEx Limited American Depositary Shares and ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share

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BingEx Limited American Depositary Shares

BingEx Limited, through its subsidiaries, engages in the provision of on-demand dedicated courier services under the FlashEx brand name in the People's Republic of China. The company offers Flash-Riders as service who provides the courier services. It serves individual and business customers, including local retailers, restaurants, and logistics players through its mobile platform and website. The company was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.

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ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e-commerce merchants and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.

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