• BingEx signed a strategic investment agreement for its wholly owned subsidiary with Hangzhou Low-Altitude Industry Development to support its expansion into drone delivery.
• FlashEx is set to become one of the first on-demand delivery operators in Hangzhou to receive backing from the city’s low-altitude industry platform once the investment closes.
• The Hangzhou drone delivery pilot has launched five takeoff and landing sites, covering 14 routes, completing about 3,500 paid orders over nearly 2,900 flights with a 100% safety record as of end-April 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bingex Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605180500PRIMZONEFULLFEED9721986) on May 18, 2026, and is solely responsible for the information contained therein.