BingEx unit FlashEx signs strategic investment deal with Hangzhou low-altitude platform HLID

• BingEx signed a strategic investment agreement with Hangzhou Low-Altitude Industry Development to accelerate drone delivery deployment in Hangzhou.
• The deal positions FlashEx among the first on-demand delivery providers in the city to receive backing from Hangzhou’s low-altitude industry platform, supporting expansion into low-altitude logistics.
• By end-April 2026, FlashEx and local partners had launched five drone takeoff and landing sites, opened 14 routes, completed about 3,500 paid orders across nearly 2,900 flights, reporting a 100% safety record.

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