The9 Ltd. Sponsored

The9 Ltd. is engaged in the operation of online games. It operates through Greater China and Other Areas geographical segments. The firm is transitioning to cryptocurrencies mining business. The company was founded by Jun Zhu on December 22, 1999 and is headquartered in Shanghai, China.

The9 Ltd. is engaged in the operation of online games. It operates through Cryptocurrency Mining, and Corporate and Others segments. The company was founded by Jun Zhu on December 22, 1999, and is headquartered in Shanghai, China.

SHANGHAI , Nov. 19, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it has called an extraordinary general meeting (the "AGM") of shareholders and has approved the issuance of Class B ordinary shares to its chairman of the Board of Directors and chief executive officer Mr. Jun Zhu. AGM The AGM will be held at the BNY Mellon Office, Room No.

The9 Limited to Hold Annual General Meeting on December 27, 2024, and to Issue Class B Ordinary Shares to its Chief Executive Officer

On Wednesday, shares of The9 Limited (NCTY, Financial) opened over 6% higher and extended their gains to 7.36%, trading at $7.88. The rise in stock price follows the announcement of a joint venture agreement.

NCTY Surges Following Joint Venture Agreement in AI and Big Data Marketing

Joint Venture Partner Committed Annual Profit of RMB100 Million in 2025 SHANGHAI , Oct. 9, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a joint venture agreement (hereinafter referred to as the "Agreement") with ShaoXing TongZe Network Technology Co., Ltd.

The9 Establishes Joint Venture to Operate AI Algorithms Marketing Business

SHANGHAI , Aug. 23, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a joint venture agreement (hereinafter referred to as the "Agreement") with Zhejiang Huanyu Network Technology Co., Ltd.

Zhejiang Huanyu and The9 Establish Joint Venture and Signed Non-Exclusive Agreement to Operate New MIR Game with Annual Revenue Commitment of RMB600 Million, Profit Commitment of RMB200 Million and Annual Increase of 30%

SHANGHAI , June 2, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with Wuhan Weixiang Science And Technology Co., Ltd. ("WeiXiang"), an AI-powered educational technology company in China, to purchase 19% of WeiXiang by cash and issuance of The9's restricted shares.

The9 Signed a Definitive Share Purchase Agreement to Invest in AI-Powered Educational Technology Company

SHANGHAI , May 24, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it agreed and signed a private placement agreement (the "Agreement") with Fine Vision Fund, established by Finewill Capital, an internationally renowned investment institution. The fund is dedicated to investing in global game projects and supporting the future of the game industry.

The9 Obtained Strategic Investment from Fine Vision Game Fund

SHANGHAI , May 24, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that its wholly-owned subsidiary China Crown Technology Limited ("China Crown"), a company incorporated in Hong Kong, entered into an exclusive publishing license agreement (the "License Agreement") with Wemade Co., Ltd. ("Wemade").

The9 Obtained Exclusive Publishing License of "MIR M" IP, A New Chinese Edition of Mobile and PC Game from Wemade

SHANGHAI , May 20, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with Kuaijin Shidai (Xiamen) Technology Co., Ltd. ("KuaiJin"), a company operating unmanned retail store platform in China, to purchase 15% of KuaiJin by cash and issuance of The9's restricted shares.

The9 Signed a Definitive Share Purchase Agreement to Invest in AI Unmanned Retail Store Platform KuaiJin

SHANGHAI , April 15, 2024 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an established Internet company, today announced it filed its annual report on Form 20-F for the year ended December 31, 2023 with the United States Securities and Exchange Commission ("SEC"). The annual report, which contains The9's audited financial statements, can be assessed on the SEC's website at http://www.sec.gov as well as on the Investor Relations section of The9's website at http://www.the9.com.

The9 Limited Achieved 66% Increase in Net Revenues and Turned Net Loss into Net Income for the Year Ended December 31, 2023

SHANGHAI , April 15, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its investee WM Therapeutics Co., Ltd. (未名脑脑) ("WM Therapeutics") has achieved revolutionary breakthroughs in the proprietarily developed research and development of antidepressant drug precision treatment.

A New Generation of Antidepressant Drug Precision Treatment Based on Revolutionary AI Technology is Born

SHANGHAI , March 26, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with WM Therapeutic Co., Ltd. ("WM Therapeutic"), a company operating Generative AI (GenAI) large language model (LLM) multi-dimensional and multi-omics digital precision medicine platform for brain disease, to purchase an additional 21.7% shares of WM Therapeutic by cash and issuance of The9's restricted shares.

The9 Signed a Definitive Share Purchase Agreement to Invest in GenAI LLM Digital Precision Medicine Platform for Brain Disease WM Therapeutic

SHANGHAI , March 5, 2024 /PRNewswire/ --  The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet (the "Term Sheet") with Shenma Limited ("Shenma") to purchase 51% shares of Shenma by cash and issuance of The9's restricted shares. Pursuant to the Term Sheet, The9 will pay cash consideration of US$1 million and will issue restricted Class A ordinary shares to Shenma or its shareholders with the value of US$14.3 million.

The9 Signed a Legally Binding Term Sheet to Acquire a Leading AIGC Driven Digital Human SaaS Platform ShenMa

SHANGHAI , Feb. 21, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet (the "Term Sheet") with Zhejiang Fazhidao Information Technology Co., Ltd. ("Fazhidao") to purchase 19% shares of Fazhidao by cash and issuance of The9's restricted shares.

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM

SHANGHAI , Jan. 19, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), an established Internet company, today announced that it was informed by its Chairman and CEO, Jun Zhu, of his intention to use personal funds to purchase up to 10% of the Company's outstanding American depositary shares in the open market from time to time at prevailing market prices in accordance with applicable rules and regulations. "As the Chairman and CEO, I must follow all the rules and regulations on purchasing Company's shares in the open market in strict compliance," Mr.

The9's Chairman and CEO to Purchase No More Than 10% of The9 ADSs in the Open Market

SHANGHAI , Nov. 30, 2023 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it has closed a private placement securities purchase transaction with Bripheno Pte. Ltd., a Singapore limited liability company, pursuant to which the Company sold and issued: 150,000,000 Class A ordinary shares (equivalent to 500,000 American Depository Shares, or ADSs) at a price of USD12 per ADS, two-year 3% per annum convertible promissory note at the purchase price of US$6 million with the conversion price of USD15 per ADS and warrants to purchase an aggregate of 120,000,000 Class A ordinary shares (equivalent to 400,000 ADSs) at an exercise price of US$60 per ADS.

The9 Limited Raised US$12 million in a Private Placement Transaction to Fund Business Growth

SHANGHAI , Nov. 17, 2023 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold an annual general meeting of shareholders at BNY Mellon Office, Room No. 2602, 26/F Three Pacific Place, 1 Queen's Road East, Wanchai, Hong Kong, at 2 p.m.

The9 Limited to Hold Annual General Meeting on December 22, 2023

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SHANGHAI , May 1, 2023 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9" or the "Company") today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (the "SEC") on May 1, 2023. The annual report, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http://www.the9.com/en/.

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2022 and Adopted Tenth Amended and Restated 2004 Stock Option Plan

SHANGHAI , Dec. 19, 2022 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq: NCTY), an established Internet company, today announced that the following proposed resolution submitted for shareholder approval has been duly adopted at its annual general meeting of shareholders held in Shanghai today:      as an ordinary resolution, that Mr. Jun Zhu be re-elected and appointed as a Class III Director of the Company, effective from the closing of the Annual General Meeting held today, to serve for a three (3) year term ending at the 2025 Annual General Meeting or until his successor is duly elected and qualified.

The9 Limited Announces Result of Annual General Meeting

SHANGHAI , Nov. 17, 2022 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold its annual general meeting of shareholders ("AGM") at the Company's business office, 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People's Republic of China on December 19, 2022 at 2:00 p.m.

The9 Limited to Hold Annual General Meeting on December 19, 2022

SHANGHAI , July 14, 2022 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9" or the "Company") today announced that it has entered into a cancellation agreement with JPKONG LTD. and Qifeng Sun Ltd.

The9 Announces Cancellation of Warrants and Investment in the Initial Public Offering of Nano Labs

SHANGHAI , May 11, 2022 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited and Kyrgyzstan enterprise SolarCoin LLC (hereinafter referred to as "SolarCoin") have signed a Purchase Agreement (the "Agreement") regarding a block chain computing center in Kyrgyzstan, pursuant to which The9 will obtain 31.5MW electricity capacity for the deployment of its 7,500 Antminer S19J Bitcoin mining machines contributing approximately 675PH/s hash power. The parties are looking forward to complete the construction work and have the computing center powered on around the end of July 2022.

The9 Limited and SolarCoin, a Kyrgyzstan Cryptomining Company, Signed Contract on Purchase of Computing Center

SHANGHAI , May 6, 2022 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9" or the "Company") today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission ("SEC") on May 2, 2022. The annual report, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http://www.the9.com.

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2021

SHANGHAI, Dec. 22, 2021 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq : NCTY), an established Internet company, today announced that the following proposed resolutions submitted for shareholder approval have been duly adopted at its annual general meeting of shareholders and the class meeting of holders of the Class B ordinary shares with a par value of US$0.01 each, as applicable, held in Shanghai today: 1.      as an ordinary resolution, that Mr.

The9 Limited Announces Results of Annual General Meeting and Class B Meeting

SHANGHAI, Nov. 24, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold its annual general meeting of shareholders ("AGM") at the Company's business office, 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People's Republic of China on December 22, 2021 at 2:00 p.m.

News for The9 Ltd. Sponsored Stock (NCTY)