The9 will hold a 51% stake and Qing Cheng will hold a 49% stake in the joint venture. The JV will become The9's flagship subsidiary to operate and distribute mobile games in the China's market.

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 ...

0.5% of The9 shares are held by institutional investors. Comparatively, 3.5% of BTCS shares are held by institutional investors. 30.8% of The9 shares are held by company insiders. Comparatively ...

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Online game developer and operator The9 Limited has signed a joint venture agreement with mobile game distributor Qing Cheng. The9 will hold a 51% stake in the company, while Qing Cheng will own 49%.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Comparatively, The9 has a beta of 2.09, indicating that its share price is 109% more volatile than the S&P 500. 24.4% of HIVE Digital Technologies shares are held by institutional investors.

SHANGHAI - The9 Limited (NASDAQ:NCTY), an established internet company with an excellent financial health score according to InvestingPro, has entered into a joint venture with Chengdu Qing Cheng ...

The9 (NASDAQ:NCTY) said on Friday that its wholly-owned subsidiary Shanghai The9 Information Technology has signed a joint venture agreement with Chengdu Qing Cheng Network Science and Technology ...