Ultime notizie per The9 (NASDAQ:NCTY) Azioni

The9

The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China and other areas.

The9 Limited - American Depository Shares

The9 Ltd

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NCTY

The9 Limited shares are trading higher after the company announced its subsidiary signed a joint venture agreement with ShaoXing TongZe Network Technology, an AI and big data marketing service provider in China.

News

The9 Limited Announced That Its Wholly-owned Subsidiary Signed A Joint Venture Agreement With ShaoXing TongZe Network Technology Co., An AI Algorithms And Big Data Marketing Service Provider In China

<h3>Gainers</h3>
<ul>
<li>AMTD Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HKD#NYSE">HKD</a>) shares rose 10.4% to $5.75 during Monday's after-market session. The company's market cap stands at $1.1 billion. </li>
<li>Digital Ally (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGLY#NASDAQ">DGLY</a>) stock rose 4.89% to $1.07. The company's market cap stands at $4.1 million. </li>
<li>Neonode (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEON#NASDAQ">NEON</a>) shares increased by 4.44% to $7.9. The market value of their outstanding shares is at $122.1 million. </li>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) shares moved upwards by 3.71% to $1.33. The market value of their outstanding shares is at $48.7 million. </li>
<li>Crexendo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CXDO#NASDAQ">CXDO</a>) shares increased by 3.6% to $4.6. The company's market cap stands at $122.8 million. </li>
<li>WidePoint (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/WYY#AMEX">WYY</a>) stock moved upwards by 3.24% to $3.5. The market value of their outstanding shares is at $33.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Trident Digital Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDTH#NASDAQ">TDTH</a>) stock fell 7.5% to $3.23 during Monday's after-market session. The company's market cap stands at $208.4 million. </li>
<li>OneConnect Financial Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFT#NYSE">OCFT</a>) stock fell 4.06% to $4.5. The market value of their outstanding shares is at $175.4 million. </li>
<li>The9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) stock decreased by 3.56% to $7.33. The market value of their outstanding shares is at $65.8 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares decreased by 3.54% to $0.27. The company's market cap stands at $22.1 million. </li>
<li>Datasea (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTSS#NASDAQ">DTSS</a>) shares fell 2.89% to $2.36. The market value of their outstanding shares is at $12.1 million. </li>
<li>Smith Micro Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMSI#NASDAQ">SMSI</a>) shares decreased by 2.66% to $1.1. The market value of their outstanding shares is at $12.1 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Monday's After-Market Session

The Joint Venture will become one of The9&#39;s consolidated subsidiaries to operate the mobile and PC versions of the new MIR game: MIR M, in which The9 holds a&nbsp;51%&nbsp;stake and Huanyu holds a&nbsp;49%&nbsp;stake.
Pursuant to the Agreement, Huanyu promised to guide its existing MIR and related game users to the Joint Venture to ensure the smooth operation of MIR M by the Joint Venture. All after-tax profits of the Joint Venture will be distributed as dividends every quarter according to the shareholding ratio of the Joint Venture partners. Huanyu committed that the Joint Venture will have a game revenue of at least&nbsp;RMB600 million&nbsp;(approximately&nbsp;US$84 million) and a profit of&nbsp;RMB200 million&nbsp;(approximately&nbsp;US$28 million) in 2025, and that the game revenue and profit will increase by at least&nbsp;30%&nbsp;annually in 2026 and 2027.

Zhejiang Huanyu And The9 Forge Joint Venture With $84M Annual Game Revenue Commitment To Launch New MIR Game

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Shares of companies within the broader tech sector are trading lower amid concerns over the US economy.

SMI Vantage Limited (SGX: Y45) (&quot;SMI&quot; or the &quot;Company&quot;), a company listed on the mainboard of the SGX and The9 Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) (&quot;The9&quot;), is pleased to announce the signing of a Cooperation Agreement to strengthen their partnership in Bitcoin (BTC) mining and identify new opportunities for collaboration in artificial intelligence while building on the existing relationship between the 2 companies.
Key highlights of the agreement:
1. SMI Vantage plans to host up to 100 of The9&#39;s bitcoin machines that have processing power above 120 Terahashes per second (120 TH and above) at its East Malaysia facilities.
2. SMI Vantage will explore for the benefit of both parties new digital mining locations in Southeast Asia and the Middle East, targeting facilities with 5 MW power supply (capacity for 2,000 machines and above).
3. The companies will look for opportunities to collaborate on AI technology opportunities, further to The9&#39;s recent investments in retail and educational AI technologies. 
&nbsp;

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

SMI Vantage and The9 Strengthen Partnership in Bitcoin Mining and AI Collaboration

The9 shares are trading higher after the company announced that it acquired 19% stake in WeiXiang.

The9 Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) (&quot;The9&quot;), an established Internet company, today announced that it signed a definitive share purchase agreement (the &quot;Agreement&quot;) with Wuhan Weixiang Science And Technology Co., Ltd. (&quot;WeiXiang&quot;), an AI-powered educational technology company in&nbsp;China, to purchase&nbsp;19%&nbsp;of WeiXiang by cash and issuance of The9&#39;s restricted shares. The9 is also granted a purchase option to purchase up to&nbsp;51%&nbsp;of the total shares of WeiXiang based on a valuation calculated as 7 times of Weixiang&#39;s audited annual profit after tax, provided that such valuation should be higher than&nbsp;US$45 million.

Reported Earlier, The9 Acquires 19% Stake In AI-Powered Educational Technology Firm WeiXiang

<h3>Gainers</h3>
<ul>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) shares moved upwards by 9.6% to $0.46 during Friday's pre-market session. The company's market cap stands at $6.8 million. </li>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) stock increased by 7.73% to $0.24. The market value of their outstanding shares is at $4.7 million. </li>
<li>The9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) stock moved upwards by 7.63% to $9.31. The market value of their outstanding shares is at $61.8 million. </li>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) shares rose 7.53% to $3.21. The market value of their outstanding shares is at $117.7 million. </li>
<li>VerifyMe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRME#NASDAQ">VRME</a>) stock moved upwards by 7.38% to $1.6. The market value of their outstanding shares is at $16.2 million. </li>
<li>VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) shares moved upwards by 6.77% to $1.89. The market value of their outstanding shares is at $497.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) shares decreased by 43.8% to $1.4 during Friday's pre-market session. The company's market cap stands at $5.4 million. </li>
<li>Ascent Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTI#NASDAQ">ASTI</a>) stock declined by 21.52% to $0.17. The market value of their outstanding shares is at $5.1 million. </li>
<li>Domo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOMO#NASDAQ">DOMO</a>) stock declined by 13.75% to $6.15. The market value of their outstanding shares is at $234.7 million. The company's, Q1 earnings came out yesterday. </li>
<li>Roadzen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDZN#NASDAQ">RDZN</a>) stock fell 12.99% to $3.35. The market value of their outstanding shares is at $229.2 million. </li>
<li>Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) shares fell 10.89% to $232.5. The company's market cap stands at $61.6 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Akoustis Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKTS#NASDAQ">AKTS</a>) shares declined by 7.82% to $0.19. The company's market cap stands at $19.0 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Friday's Pre-Market Session

The9 Announced Exclusive Publishing License Agreement with Wemade for Mir M Game in Mainland China

The9 Limited Announces Strategic Partnership With Fine Vision Fund, Receiving $3.5M Investment

Pursuant to the License Agreement,&nbsp;China Crown&nbsp;will exclusively publish and service the new MIR M game&nbsp;in mainland China, in both Mobile and PC version. The game may include blockchain technology in accordance with relevant PRC laws and regulations, subject to further agreement between the parties. The license term is 5 years from the commercial launch date and may be extended for another 1 year if such extension is not objected by either Party. The Commercial launch is expected in early 2025.

The9 Secures Exclusive Rights To Publish 'MIR M' Game In China, Covering Mobile And PC Versions

The9 Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) (&quot;The9&quot;), an established Internet company, today announced that it signed a definitive share purchase agreement (the &quot;Agreement&quot;) with Kuaijin Shidai (Xiamen) Technology Co., Ltd. (&quot;KuaiJin&quot;), a company operating unmanned retail store platform in&nbsp;China, to purchase&nbsp;15%&nbsp;of KuaiJin by cash and issuance of The9&#39;s restricted shares. The9 is also granted a purchase option to purchase up to&nbsp;51%&nbsp;of the total shares of KuaiJin. The purchase option is exercisable within 2 years and will be based on KuaiJin&#39;s valuation at&nbsp;US$60 million.
KuaiJin provides standardized cost-effective solution to retail stores in&nbsp;China. Within 48 hours, traditional retail stores can be transformed into AI unmanned retail store by installation of KuaiJin hardware and software. The AI unmanned retail stores can be opened 24 hours a day, 7 days a week, under the monitor of AI-powered 360-degree surveillance cameras. After such transformation, the payroll cost will be significantly reduced. The chance of getting shoplifting will also be reduced. Profit of the retail stores will be increased accordingly. Due to this clear business model, KuaiJin has already transformed more than 500 retail shops in more than 100 cities in&nbsp;China.
Pursuant to the Agreement, The9 will pay cash consideration of&nbsp;US$1.5 million&nbsp;and will issue 318,448,800 restricted Class A ordinary shares (equivalent to 1,061,496 ADSs) to KuaiJin. The restricted Class&nbsp;A ordinary shares to be issued to KuaiJin will be subject to lock-up conditions and will only be released according to the following schedule: (i)&nbsp;when the market capitalization of The9 reaches&nbsp;US$200 million, 20,940,900 Class&nbsp;A ordinary shares (equivalent to 69,803 ADSs) of The9 will be released from the lock-up; (ii)&nbsp;when the market capitalization of The9 reaches&nbsp;US$500 million, 1,894,800 Class&nbsp;A ordinary shares (equivalent to 27,921 ADSs) of The9 will be released from the lock-up, and (iii)&nbsp;when the market capitalization of The9 reaches&nbsp;US$1 billion, 4,188,300 Class&nbsp;A Ordinary shares (equivalent to 13,961 ADSs) of The9 will be released from the lock-up. The rest of the restricted shares shall be released from the lock-up when either of the following conditions are met: KuaiJin completes a qualified IPO and its shares owned by The9 become freely tradable in the open market; or if and when the The9 exercises its purchase option and, as a result, holds a minimum&nbsp;51%&nbsp;of the then total share capital of KuaiJin.

The9 Signed a Definitive Share Purchase Agreement to Invest in AI Unmanned Retail Store Platform KuaiJin for $1.5M Cash Consideration

The9 Limited ("The9") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>), an established Internet company, today announced that it received a notification letter from the Nasdaq Listing Qualifications department of the Nasdaq Stock Market dated April&nbsp;22, 2024 stating that The9 has regained compliance with the Nasdaq Listing Rule&nbsp;5550(b)&nbsp;which requires The9 to maintain either a minimum $2.5 million stockholders' equity, or $35 million market value of listed securities, or $500,000 of net income from continuing operations for The Nasdaq Capital Market.

General

The9 Limited Regains Compliance With The Nasdaq Listing Rule 5550(b) For Minimum Shareholders Equity Maintenance

Earnings

The9 Limited Reported FY23 Net Revenues RMB 179M ($25M) Up From RMB 108M YoY; Net Income RMB 13M ($2M) Up From Net Loss RMB 975M YoY

The9 Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) (&quot;The9&quot;), an established Internet company, today announced that its investee WM Therapeutics Co., Ltd. (未名脑脑)&nbsp;(&quot;WM Therapeutics&quot;) has achieved revolutionary breakthroughs in the proprietarily developed research and development of antidepressant drug precision treatment. WM Therapeutics&#39; GenAI multi-dimensional omics drug clinical research technology has made significant progress in new clinical trial, bringing new hope to depression patients.

The9's Investee WM Therapeutics Achieves Breakthrough AI Technology in Precision Antidepressant Treatment

<h3>Gainers</h3>
<ul>
<li>Ouster (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>) shares rose 20.0% to $8.04 during Thursday's regular session. The company's market cap stands at $327.1 million. As per the news, the Q4 earnings report came out 2 days ago. </li>
<li>Strong Global (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SGE#AMEX">SGE</a>) shares moved upwards by 18.18% to $1.43. The company's market cap stands at $11.2 million. </li>
<li>Meta Materials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMAT#NASDAQ">MMAT</a>) shares increased by 15.12% to $2.74. The company's market cap stands at $17.5 million. </li>
<li>Argo Blockchain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBK#NASDAQ">ARBK</a>) stock increased by 15.0% to $1.84. The company's market cap stands at $106.1 million. </li>
<li>Bit Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) shares increased by 14.6% to $2.87. The market value of their outstanding shares is at $338.4 million. </li>
<li>The9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) stock moved upwards by 14.55% to $6.82. The market value of their outstanding shares is at $32.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Data Storage (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTST#NASDAQ">DTST</a>) shares declined by 22.3% to $5.94 during Thursday's regular session. The company's market cap stands at $40.7 million. As per the news, the Q4 earnings report came out today. </li>
<li>Movella Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVLA#NASDAQ">MVLA</a>) stock fell 12.59% to $0.07. The company's market cap stands at $3.3 million. </li>
<li>WeTrade Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WETG#NASDAQ">WETG</a>) shares decreased by 12.53% to $5.1. The market value of their outstanding shares is at $13.3 million. </li>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) stock declined by 11.23% to $0.17. The company's market cap stands at $16.1 million. </li>
<li>Braze (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>) stock fell 11.16% to $44.94. The company's market cap stands at $4.4 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>Intellinetics (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/INLX#AMEX">INLX</a>) shares decreased by 10.76% to $7.8. The market value of their outstanding shares is at $31.7 million. The company's, Q4 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Thursday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>LeddarTech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDTC#NASDAQ">LDTC</a>) shares increased by 18.1% to $3.32 during Tuesday's pre-market session. The market value of their outstanding shares is at $95.5 million. </li>
<li>Mercurity Fintech Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFH#NASDAQ">MFH</a>) shares moved upwards by 12.14% to $1.57. The company's market cap stands at $95.4 million. </li>
<li>The9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) stock rose 10.12% to $6.17. The market value of their outstanding shares is at $29.2 million. </li>
<li>OMNIQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMQS#NASDAQ">OMQS</a>) shares moved upwards by 7.84% to $0.55. The company's market cap stands at $5.8 million. </li>
<li>SoundHound AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) shares rose 7.5% to $6.3. The market value of their outstanding shares is at $1.9 billion. </li>
<li>Mawson Infra Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIGI#NASDAQ">MIGI</a>) stock moved upwards by 6.32% to $1.68. The market value of their outstanding shares is at $27.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>WiSA Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WISA#NASDAQ">WISA</a>) shares declined by 28.7% to $0.02 during Tuesday's pre-market session. The market value of their outstanding shares is at $1.1 million. </li>
<li>Dave (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) shares decreased by 24.18% to $30.01. The company's market cap stands at $367.2 million. </li>
<li>Intellicheck (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDN#NASDAQ">IDN</a>) shares decreased by 8.68% to $3.58. The market value of their outstanding shares is at $69.2 million. As per the press release, Q4 earnings came out 3 days ago. </li>
<li>Abits Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABTS#NASDAQ">ABTS</a>) shares declined by 7.97% to $0.67. The market value of their outstanding shares is at $23.7 million. </li>
<li>Movella Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVLA#NASDAQ">MVLA</a>) shares declined by 5.99% to $0.11. The market value of their outstanding shares is at $5.5 million. </li>
<li>Bit Origin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) shares fell 4.83% to $5.13. The market value of their outstanding shares is at $32.3 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

The9 Limited Signs Share Purchase Agreement To Invest In WM Therapeutic Co., Ltd.

The9 To Acquire 51% Of Shenma; Will Pay Cash Consideration Of $1M And Issue Class A Ordinary Shares To Shenma Valued At $14.3M

The9, LM Funding America among financial movers

The9 jumps 10% on investment from Fine Vision Fund

The9 (NCTY) has released an update. The9 Limited has secured an exclusive license to publish ‘MIR M,' a new mobile and PC game from Wemade, in main...

The9 Limited Acquires Exclusive 'MIR M' Game License

The9 (NCTY) has released an update. Internet company The9 Limited has secured a $3.5 million strategic investment from Fine Vision Fund, a subsidia...

The9 Welcomes $3.5M Investment from Fine Vision Fund

Iris Energy, The9 among financial movers

The9, Abacus Life among financial movers

The9 (NCTY) has released an update. The9 Limited, a diversified high-tech Internet company, has signed a definitive agreement to acquire a 19% stak...

The9 Limited Expands AI Business with Shenma Stake

The9 (NCTY) has released an update. The9 Limited, an established Internet company, has entered a definitive agreement to acquire a 19% stake in Wei...

The9 Limited Invests in Chinese AI EduTech Firm

The9 (NCTY) has released an update. The9 Limited, a prominent Internet company, has announced the formation of a joint venture with Zhejiang Huanyu...

The9 Announces Lucrative Gaming Joint Venture

The9 (NCTY) has released an update. The9 Limited has formed a joint venture with ShaoXing TongZe Network Technology to delve into the AI algorithms...

The9 Ventures into AI Marketing with Profit Commitment

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Press Releases

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

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

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

Fintech

Contracts

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

Entertainment

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

The9 Obtained Strategic Investment from Fine Vision Game Fund

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

SMI Vantage and The9 Limited Sign Cooperation Agreement to Expand Digital Mining and AI Collaboration

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%

The9 Establishes Joint Venture to Operate AI Algorithms Marketing Business

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BENZINGA NEL MONDO