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

Provided By PR Newswire

Last update: Feb 21, 2025

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.