The9 Limited Signs Joint Venture Agreement with Shenzhen EN-plus Technologies Co., Ltd.
The9 Limited - American Depository Shares (NCTY)
US:NASDAQ Investor Relations:
the9.com/en/stockinformation.html
Company Research
Source: PR Newswire
SHANGHAI, May 26, 2019 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly owned subsidiary Shanghai Jiuchang Investment Co., Ltd. has signed a joint venture agreement (the "JV agreement") with Shenzhen EN-plus Technologies Co., Ltd. ("EN+"), an electric vehicle charging equipment company incorporated in China, to establish a joint venture (the "JV") to engage in sales of new energy electric vehicle charging equipment, investment, construction and operation of charging stations, and provision of operational services for urban charging equipment and platforms for electric vehicles.According to the JV Agreement, The9 will make a cash investment of RMB50 million in the JV in consideration for which it will receive 80% equity interest in the JV, and EN+ will contribute its current and future proprietary electric vehicle charging technology to the JV in consideration for which it will receive a 20% equity interest of the JV
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News
- The9 Limited to Hold Annual General Meeting on December 27, 2024, and to Issue Class B Ordinary Shares to its Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- The9 Limited to Hold Annual General Meeting on December 27, 2024, and to Issue Class B Ordinary Shares to its Chief Executive OfficerPR Newswire
- The9 Limited (NASDAQ: NCTY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- The9 Limited (NASDAQ: NCTY) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- The9 Limited (NASDAQ: NCTY) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
NCTY
Sec Filings
- 11/20/24 - Form 6-K
- 11/13/24 - Form 144
- 10/9/24 - Form 6-K
- NCTY's page on the SEC website