The9 (NCTY) said Friday its Shanghai The9 Information Technology unit has signed a joint venture deal with Chengdu Qing Cheng Network Science and Technology to distribute mobile games in China.
Under the terms, The9 will own 51% of the JV, while Qing Cheng will hold a 49% stake, the company said.
The9 said it granted about 110.2 million of its restricted shares, which will be unlocked in stages based on the JV's profit in 2025 and 2026.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。