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NCTY

The9 Ltd

NCTY

Market cap $105M

6.85 USD

+1.07

18.51%

At close Updated Aug 24, 10:45 AM EDT

1 day

18.51%

5 days

45.74%

1 month

113.4%

3 months

29.98%

6 months

15.71%

Year to date

9.95%

1 year

-17.67%

5 years

-95.31%

10 years

-98.75%

About: 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, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Online game services, out of which Crypto mining business derives maximum revenue.

Employees: 44

Financials Capital Markets

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Neutral 100%

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The9 Reports US$32 Million Net Income for Second Quarter of 2026, Up Over 39% Sequentially

Increase driven by the fair-value recognition of 9BIT tokens received under the Company's cooperation agreement with the 9BIT Foundation as the9bit continued to expand AI capabilities, community engagement and commercial partnerships SHANGHAI, Aug. 24, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), a global, diversified high-tech company, today reported its unaudited financial results for the three months ended June 30, 2026. Second Quarter 2026 Highlights Strong sequential growth: Net income for the quarter was US$32 million, an increase of more than 39% from the previous quarter.

The9 Reports US$32 Million Net Income for Second Quarter of 2026, Up Over 39% Sequentially

The9's Investee Nanyang Biologics (NYB) Advancing toward Nasdaq Listing after RFAI Cleared Vote at Shareholders Extraordinary General Meeting

Milestone Marks Further Progress in The9's Strategic Investment in AI-Driven Drug Discovery; The9 Expects to Hold Approximately 15% to 16% of the Combined, Nasdaq-Listed Company SHANGHAI, Aug. 21, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), a global, diversified high-tech company, today announced that Nanyang Biologics Pte. Ltd. ("NYB"), a Singapore-based, AI-driven drug discovery company in which The9 holds a strategic equity stake, has taken a significant step toward its planned Nasdaq listing.

The9's Investee Nanyang Biologics (NYB) Advancing toward Nasdaq Listing after RFAI Cleared Vote at Shareholders Extraordinary General Meeting

The9 Limited to Report Second Quarter 2026 Results on August 24, 2026

SHANGHAI, Aug. 17, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), a global, diversified high-tech company, today announced that it will report its unaudited consolidated results for the second quarter ended June 30, 2026, before the U.S. market opens on Monday, August 24, 2026. The Company will host a conference call on Monday, August 24, 2026 at 8:30 PM Hong Kong Time (8:30 AM U.S. Eastern Time) to discuss the results.

The9 Limited to Report Second Quarter 2026 Results on August 24, 2026

The9 Investee Nanyang Biologics (NYB) Advancing Planned Nasdaq Listing for the US$1.5 Billion Business Combination

NYB Obtained Notice of Effectiveness from SEC for Its Form F-4 Registration Statement The9 expects to own 15% to 16% of the combined company following NYB listing HONG KONG, Aug. 11, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), a global diversified high-tech company, today announced that its Singapore investee Nanyang Biologics Pte. Ltd. ("NYB") obtained the notice of effectiveness from the U.S. Securities and Exchange Commission for its Form F-4 registration statement filed in connection with the previously announced business combination, a key milestone toward NYB's planned listing on Nasdaq under the reserved ticker symbol "NYB.

The9 Investee Nanyang Biologics (NYB) Advancing Planned Nasdaq Listing for the US$1.5 Billion Business Combination

The9 Expands Brand Partnership Network Across Southeast Asia

the9bit Signs 41 Brand Partners Across Indonesia, Malaysia, and Vietnam, with 127 More in the Pipeline SHANGHAI, Aug. 6, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), a global diversified high-tech company, today announced continued progress in the Southeast Asia offline-to-online ("O2O") initiative of the9bit, its AI-powered digital asset ecosystem. The initiative has built a growing network of brand partnerships across Indonesia, Malaysia, and Vietnam as part of a strategy of integrating digital entertainment experiences with physical retail environments.

The9 Posts Record Quarterly Profit; Expects Sequential Growth Through 2026

Digital asset gains power record quarter; AI-powered game creation platform the9bit surpasses 8 million registered users SHANGHAI, July 27, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), a global diversified high-tech company, today reported net income of US$23 million for the three months ended March 31, 2026, delivering the strongest quarter in the Company's history since its 2004 IPO. The result reflects substantial digital asset-related income, accelerating adoption of the9bit, and the continued build-out of the Company's cryptocurrency operations and digital asset holdings.

The9 Posts Record Quarterly Profit; Expects Sequential Growth Through 2026

The9 Names George Lai Chief Executive Officer

Leadership transition reinforces management's long-term alignment with shareholders SHANGHAI, July 27, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), a global diversified high-tech company, today announced the appointment of George Lai as Chief Executive Officer ("CEO"), effective July 27, 2026. Mr. Lai succeeds Founder and Chairman Jun Zhu, who will continue to serve as Executive Chairman of the Board.

The9 Names George Lai Chief Executive Officer

The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing

SHANGHAI, Feb. 24, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) today announced it has received 950,000,000 9BIT tokens in relation to its gaming platform the9bit. 9BIT tokens are listed on KuCoin, MEXC and BingX, three of the largest global crypto exchanges.

The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing

The9 Announces AI-Powered Short Drama and AI-Assisted Interactive Movie Game Development Initiative Based on Licensed TVB Classic IP The Greed of Man

SHANGHAI, Feb. 11, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established interactive entertainment and digital technology company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. ("Shanghai The9") has entered into a definitive cooperation agreement with Chengdu Lumosi Network Technology Co., Ltd.

The9 Announces AI-Powered Short Drama and AI-Assisted Interactive Movie Game Development Initiative Based on Licensed TVB Classic IP The Greed of Man

The9 Limited Announces Result of Annual General Meeting

SHANGHAI , Dec. 22, 2025 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq: NCTY), an established Internet company, today announced that the following proposed resolution submitted for shareholder approval have been duly adopted at its annual general meeting (the "AGM") of shareholders held in Hong Kong today: as an ordinary resolution, that Mr. Zhu Jun, whose term of office shall expire on the date of this Annual General Meeting, be re-elected and appointed as a Class III Director of the Company, effective from the closing of this Annual General Meeting, to serve for a three (3) year term ending at the 2028 Annual General Meeting or until his successor is duly elected and qualified.

The9 Limited Announces Result of Annual General Meeting

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