News & Videos - THE9 LTD.

The9 Limited Achieved 66% Increase in Net Revenues and Turned Net Loss into Net Income for the Year Ended December 31, 2023 PR Newswire SHANGHAI, April 15, 2024 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...

A New Generation of Antidepressant Drug Precision Treatment Based on Revolutionary AI Technology is Born PR Newswire SHANGHAI, April 15, 2024 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. WM...

/C O R R E C T I O N -- The9 Limited/ PR Newswire SHANGHAI, March 26, 2024 In the news release, The9 Signed a Definitive Share Purchase Agreement to Invest in GenAI LLM Digital Precision Medicine Platform for Brain Disease WM Therapeutic, issued 26-Mar-2024 by The9 Limited over PR Newswire, we are advised by the company that the 5th paragraph, should read "As of the date hereof, the total number of issued and outstanding shares of The9 is 1,675,281,127 (equivalent to 5,584,270 ADSs), being the...

The9 Signed a Definitive Share Purchase Agreement to Invest in GenAI LLM Digital Precision Medicine Platform for Brain Disease WM Therapeutic PR Newswire SHANGHAI, March 26, 2024 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)...

The9 Signed a Legally Binding Term Sheet to Acquire a Leading AIGC Driven Digital Human SaaS Platform ShenMa PR Newswire SHANGHAI, March 5, 2024 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...

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM PR Newswire SHANGHAI, Feb. 21, 2024 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 is also...

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM PR Newswire SHANGHAI, Feb. 21, 2024 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 is also...

The9's Chairman and CEO to Purchase No More Than 10% of The9 ADSs in the Open Market PR Newswire SHANGHAI, Jan. 19, 2024 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...

The9 Limited Raised US$12 million in a Private Placement Transaction to Fund Business Growth PR Newswire SHANGHAI, Nov. 30, 2023 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...

The9 Limited to Hold Annual General Meeting on December 22, 2023 PR Newswire SHANGHAI, Nov. 17, 2023 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. , Hong Kong time, on December 22, 2023 . No proposal will be submitted for shareholder...

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2022 and Adopted Tenth Amended and Restated 2004 Stock Option Plan PR Newswire SHANGHAI, May 1, 2023 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...

The9 Limited Announces Result of Annual General Meeting PR Newswire SHANGHAI, Dec. 19, 2022 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...

The9 Limited to Hold Annual General Meeting on December 19, 2022 PR Newswire SHANGHAI, Nov. 17, 2022 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. , Shanghai time, for the purpose...

NFTSTAR leads its NFT superstar squad to arrive at The Sandbox ahead of the World Football Championships PR Newswire SINGAPORE, Nov. 14, 2022 NFTSTAR superstar squad will be featured in a Global Sports Village experience in The Sandbox open metaverse developed jointly by The Sandbox and NFTSTAR through a partnership with Web3 company Forj, which includes licensing of unique Bored Ape Yacht Club characters. SINGAPORE , Nov. 14, 2022 /PRNewswire/ -- Prolific Brazilian player Neymar JR., Asian...

NFTSTAR and Neymar Jr. to release Beastmode Metaverse HUMAN NFT drop PR Newswire SHANGHAI, Nov. 9, 2022 MINT TIME starts from 2PM UTC , 11 Nov. Neymar Jr. to conduct NFT-Launch livestream on Facebook at 3PM UTC , 11 Nov. SHANGHAI , Nov. 9, 2022 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, has newly announced that its NFT community NFTSTAR is releasing the next drop of exclusive NFTs in collaboration with professional Brazilian international footballer...

The9 Limited's NFTSTAR to Launch Neymar NFTs, Metaverse dApps and Games PR Newswire SINGAPORE, Sept. 13, 2022 SINGAPORE , Sept. 13, 2022 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its wholly-owned subsidiary NFTSTAR Singapore Pte., Ltd, which operates the Web3 metaverse platform NFTSTAR, will hold the four new products launching conference on October 15, 2022 . NFTSTAR will launch four different products, including a NFT collection...

The9 Announces Cancellation of Warrants and Investment in the Initial Public Offering of Nano Labs PR Newswire SHANGHAI, July 14, 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., entities controlled by Mr. Jianping Kong and Mr. Qifeng Sun , respectively, to cancel the Tranche IV Warrants that were issued to them pursuant to a share...

The9 Limited and SolarCoin, a Kyrgyzstan Cryptomining Company, Signed Contract on Purchase of Computing Center PR Newswire SHANGHAI, May 11, 2022 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...

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2021 PR Newswire SHANGHAI, May 6, 2022 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...

The9 Limited Announces Results of Annual General Meeting and Class B Meeting PR Newswire SHANGHAI, Dec. 22, 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...