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    The9 Limited

    Subscribe to $NCTY
    $NCTY
    Finance: Consumer Services
    Finance

    The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. The company primarily focuses on developing cryptocurrencies mining business. It also operates and develops proprietary or licensed online games, primarily mobile games and TV games. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.

    IPO Year: 2004

    Exchange: NASDAQ

    Website: the9.com

    Recent Analyst Ratings for The9 Limited

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    The9 Limited Press Releases

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    • The9 Limited Receives Strategic Investment from Cryptocurrency Investment Funds to Operate Global GameFi Platform

      SINGAPORE, March 31, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) (hereinafter referred to as "The9"), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as "the Investors"). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of the agreements. The shares issued are subject to statutory lock-up period. The9 will esta

      3/31/25 4:00:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • 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

      2/21/25 7:30:00 AM ET
      $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

      12/16/24 7:00:00 AM ET
      $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

      12/6/24 7:00:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • 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

      12/4/24 9:00:00 AM ET
      $DDC
      $NCTY
      Packaged Foods
      Consumer Staples
      Finance: Consumer Services
      Finance
    • NIP Group Expands Esports Portfolio Through Strategic Partnership with The9 Limited

      WUHAN, China, Nov. 26, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ:NIPG) ("NIP Group" or the "Company"), a leading digital entertainment company, and The9 Limited ("The9") today announced that NIP Group has entered into a strategic partnership with China Crown Technology Limited ("China Crown"), a wholly owned subsidiary of The9, to develop "MIR M" into a competitive esports title. Together, both parties aim to create a game that embodies the characteristics of MIR M and is suitable for esports adoption. China Crown secured the exclusive publishing license of "MIR M" from Wemade Co., Ltd. ("Wemade") in Mainland China in May 2024. The game is the latest version of the classic game "MIR

      11/26/24 7:00:00 AM ET
      $NCTY
      $NIPG
      Finance: Consumer Services
      Finance
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • The9 Limited to Hold Annual General Meeting on December 27, 2024, and to Issue Class B Ordinary Shares to its Chief Executive Officer

      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. 4, 26/F Three Pacific Place, 1 Queen's Road East, Hong Kong on December 27, 2024 at 2:00 p.m., Hong Kong time to consider and vote on the following proposals (the "Proposals") as further detailed in the notice of the AGM (the "Notice"): 1. "THAT: Mr. Davin Alexander Mackenzie, whose te

      11/19/24 11:11:00 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • The9 Establishes Joint Venture to Operate AI Algorithms Marketing Business

      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. (hereinafter referred to as "TongZe"), an AI algorithms and big data marketing service provider in China. The9 will hold a 51% stake and TongZe will hold a 49% stake in the Joint Venture. The Joint Venture will become one of The9's consolidated subsidiaries to operate AI algorithms and big data

      10/9/24 4:30:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • 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, 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. (hereinafter referred to as "Huanyu"), a Chinese game development and operation company. The Joint Venture will become one of The9's consolidated subsidiaries to operate the mobile and PC versions of the new MIR game: MIR M, in which The9 holds a 51% stake and Huanyu holds a 49% stake. Pursuant to the Agreement, Huanyu promised to guide its existing MIR and relat

      8/23/24 12:16:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • The9 Signed a Definitive Share Purchase Agreement to Invest in AI-Powered Educational Technology Company

      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 is also granted a purchase option to purchase up to 51% of the total shares of WeiXiang based on a valuation calculated as 7 times of Weixiang's audited annual profit after tax, provided that such valuation should be higher than US$45 million. Weixiang was founded by Mr. Xu Wang, a pioneer in the

      6/2/24 11:30:00 PM ET
      $NCTY
      Finance: Consumer Services
      Finance

    The9 Limited Financials

    Live finance-specific insights

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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

      2/21/25 7:30:00 AM ET
      $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

      12/16/24 7:00:00 AM ET
      $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

      12/6/24 7:00:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • The9 Establishes Joint Venture to Operate AI Algorithms Marketing Business

      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. (hereinafter referred to as "TongZe"), an AI algorithms and big data marketing service provider in China. The9 will hold a 51% stake and TongZe will hold a 49% stake in the Joint Venture. The Joint Venture will become one of The9's consolidated subsidiaries to operate AI algorithms and big data

      10/9/24 4:30:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • 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, 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. (hereinafter referred to as "Huanyu"), a Chinese game development and operation company. The Joint Venture will become one of The9's consolidated subsidiaries to operate the mobile and PC versions of the new MIR game: MIR M, in which The9 holds a 51% stake and Huanyu holds a 49% stake. Pursuant to the Agreement, Huanyu promised to guide its existing MIR and relat

      8/23/24 12:16:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance

    The9 Limited SEC Filings

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    • Amendment: SEC Form SCHEDULE 13D/A filed by The9 Limited

      SCHEDULE 13D/A - The9 LTD (0001296774) (Subject)

      4/28/25 4:07:30 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 20-F filed by The9 Limited

      20-F - The9 LTD (0001296774) (Filer)

      4/28/25 4:02:26 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by The9 Limited

      6-K - The9 LTD (0001296774) (Filer)

      3/31/25 6:03:36 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by The9 Limited

      6-K - The9 LTD (0001296774) (Filer)

      2/21/25 7:37:09 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by The9 Limited

      6-K - The9 LTD (0001296774) (Filer)

      12/31/24 6:05:46 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form S-8 filed by The9 Limited

      S-8 - The9 LTD (0001296774) (Filer)

      12/27/24 4:24:20 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by The9 Limited

      6-K - The9 LTD (0001296774) (Filer)

      12/27/24 4:04:44 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by The9 Limited

      6-K - The9 LTD (0001296774) (Filer)

      12/27/24 4:02:23 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by The9 Limited

      6-K - The9 LTD (0001296774) (Filer)

      12/16/24 7:27:50 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by The9 Limited

      6-K - The9 LTD (0001296774) (Filer)

      12/6/24 7:21:54 AM ET
      $NCTY
      Finance: Consumer Services
      Finance

    The9 Limited Large Ownership Changes

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

      SC 13D/A - The9 LTD (0001296774) (Subject)

      1/30/24 6:12:47 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13D/A filed by The9 Limited (Amendment)

      SC 13D/A - The9 LTD (0001296774) (Subject)

      9/27/23 7:24:53 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G/A filed by The9 Limited (Amendment)

      SC 13G/A - The9 LTD (0001296774) (Subject)

      2/14/22 3:15:26 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G/A filed by The9 Limited (Amendment)

      SC 13G/A - The9 LTD (0001296774) (Subject)

      2/14/22 6:50:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G filed by The9 Limited

      SC 13G - The9 LTD (0001296774) (Subject)

      11/17/21 4:03:01 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13D/A filed by The9 Limited (Amendment)

      SC 13D/A - The9 LTD (0001296774) (Subject)

      9/17/21 4:03:58 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13D/A filed by The9 Limited (Amendment)

      SC 13D/A - The9 LTD (0001296774) (Subject)

      4/15/21 4:02:06 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G filed by The9 Limited

      SC 13G - The9 LTD (0001296774) (Subject)

      4/12/21 10:15:23 AM ET
      $NCTY
      Finance: Consumer Services
      Finance

    The9 Limited Leadership Updates

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    • The9 Limited Receives Strategic Investment from Cryptocurrency Investment Funds to Operate Global GameFi Platform

      SINGAPORE, March 31, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) (hereinafter referred to as "The9"), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as "the Investors"). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of the agreements. The shares issued are subject to statutory lock-up period. The9 will esta

      3/31/25 4:00:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • 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

      12/4/24 9:00:00 AM ET
      $DDC
      $NCTY
      Packaged Foods
      Consumer Staples
      Finance: Consumer Services
      Finance
    • 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

      3/15/21 8:00:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • 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

      2/26/21 3:30:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance