SEC Form SC 13D/A filed by The9 Limited (Amendment)

$NCTY
Finance: Consumer Services
Finance
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$NCTY

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$NCTY
Press Releases

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  • The9 Establishes Joint Venture to Focus on Mobile Game Operation and Distribution in China's Sinking Market

    Joint Venture Partner Committed Annual Profit of RMB80 Million and 50% Annual Growth SHANGHAI, Feb. 21, 2025 /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 Chengdu Qing Cheng Network Science and Technology Co., Ltd. (hereinafter referred to as "Qing Cheng"), a leading mobile game operation and distribution company focusing on serving gamers in China's sinking market. The9 will hold a 51% stake and Qing Cheng will hold a 49% stake in the Joint Venture. The Joint Venture will be

    $NCTY
    Finance: Consumer Services
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  • The9 Establishes Another Joint Venture to Operate AI Mobile Advertising Business

    Joint Venture Partner Committed Annual Profit of RMB20 Million and 50% Annual Growth SHANGHAI, Dec. 16, 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 Shenzhen JiTuo Interactive Technology Co., Ltd. (hereinafter referred to as "JiTuo"), an AI algorithms mobile advertising company in China. JiTuo is a game development partner with AppLovin Corporation (NASDAQ:APP) in China. It is also an agency partner for Apple Search Ads in China. The9 will hold a 51% stake and JiTuo wil

    $APP
    $NCTY
    Computer Software: Programming Data Processing
    Technology
    Finance: Consumer Services
    Finance
  • The9 Joint Venture Partner Increased Committed Annual Revenue to RMB900 Million and Profit to RMB300 Million from RMB600 and RMB200M Respectively

    SHANGHAI, Dec. 6, 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 an amendment agreement to joint venture agreement (hereinafter referred to as the "Agreement") with its joint venture partner Zhejiang Huanyu Network Technology Co., Ltd. (hereinafter referred to as "Huanyu"), a Chinese game development and operation company. Huanyu originally committed that the Joint Venture will have game revenues of at least RMB600 million and a profit of RMB200 million in 2025. Based on the Agreement, Huanyu increased its commitment that the Joint Venture will ha

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    Finance: Consumer Services
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$NCTY
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$NCTY
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  • DDC Enterprise Ltd. Appoints George Lai to Board of Directors

    DDC Enterprise, Ltd. (NYSEAM:DDC), ("DayDayCook," "DDC," or the "Company"), a leading multi-brand Asian consumer food company, today announced that it has appointed George Lai as an independent member of the Board of Directors. George was also appointed to serve on each Committee of the Board of Directors, including the Audit Committee where he will serve as the designated financial expert and Chair. George replaces Ms. Wei Qiao who resigned from the Board on November 30, 2024. "George brings a strong background in finance and accounting to our Board, with his CFO and Board experience with other public companies," commented Norma Chu, CEO and Chair of the Board of Directors. "George's ins

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  • The9 Appointed Wang Wei as the Vice President of NBTC Limited

    SHANGHAI, March 15, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced the appointment of Mr. Wang Wei as the Vice President of NBTC Limited (hereinafter referred to as "NBTC"), a wholly-owned subsidiary of The9. Mr. Wang will lead the global operation and management of the cryptocurrencies mining machines in NBTC. Mr. Wang is an early pioneer in the blockchain industry. Before joining The9, he served as the head of Canaan Technology's technical service center, leading the team responsible for the maintenance and after-sales service of hundreds of thousands of mining machines. At the same time, Mr. Wang's team assisted customers in bui

    $NCTY
    Finance: Consumer Services
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  • The9 Appointed Cai ZhiFang as the CEO of NBTC Limited to Lead the Development of Blockchain and Cryptocurrency Business

    SHANGHAI, Feb. 26, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced the appointment of Cai Zhifang as the Chief Executive Officer of NBTC Limited (hereinafter referred to as "NBTC"), a wholly-owned subsidiary of The9, to lead the development of blockchain and cryptocurrency business in NBTC. Mr. Cai has been on board. Mr. Cai is an early pioneer in the blockchain industry. In 2013, Mr. Cai co-founded YiBit Digital Technology Company Limited, one of the earliest integrated platforms in blockchain industry in China. In 2015, Mr. Cai served as the general manager of WeiTui Technology Limited Company, which self-operated Bitcoin mining

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$NCTY
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  • The9 Establishes Joint Venture to Focus on Mobile Game Operation and Distribution in China's Sinking Market

    Joint Venture Partner Committed Annual Profit of RMB80 Million and 50% Annual Growth SHANGHAI, Feb. 21, 2025 /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 Chengdu Qing Cheng Network Science and Technology Co., Ltd. (hereinafter referred to as "Qing Cheng"), a leading mobile game operation and distribution company focusing on serving gamers in China's sinking market. The9 will hold a 51% stake and Qing Cheng will hold a 49% stake in the Joint Venture. The Joint Venture will be

    $NCTY
    Finance: Consumer Services
    Finance
  • The9 Establishes Another Joint Venture to Operate AI Mobile Advertising Business

    Joint Venture Partner Committed Annual Profit of RMB20 Million and 50% Annual Growth SHANGHAI, Dec. 16, 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 Shenzhen JiTuo Interactive Technology Co., Ltd. (hereinafter referred to as "JiTuo"), an AI algorithms mobile advertising company in China. JiTuo is a game development partner with AppLovin Corporation (NASDAQ:APP) in China. It is also an agency partner for Apple Search Ads in China. The9 will hold a 51% stake and JiTuo wil

    $APP
    $NCTY
    Computer Software: Programming Data Processing
    Technology
    Finance: Consumer Services
    Finance
  • The9 Joint Venture Partner Increased Committed Annual Revenue to RMB900 Million and Profit to RMB300 Million from RMB600 and RMB200M Respectively

    SHANGHAI, Dec. 6, 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 an amendment agreement to joint venture agreement (hereinafter referred to as the "Agreement") with its joint venture partner Zhejiang Huanyu Network Technology Co., Ltd. (hereinafter referred to as "Huanyu"), a Chinese game development and operation company. Huanyu originally committed that the Joint Venture will have game revenues of at least RMB600 million and a profit of RMB200 million in 2025. Based on the Agreement, Huanyu increased its commitment that the Joint Venture will ha

    $NCTY
    Finance: Consumer Services
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$NCTY
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