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Stock impact report

NIP Group Expands Esports Portfolio Through Strategic Partnership with The9 Limited

The9 Limited - American Depository Shares (NCTY) 
US:NASDAQ Investor Relations: the9.com/en/stockinformation.html
Company Research Source: PR Newswire
Partnership to Transform MIR M into Global Esports TitleWUHAN, China, Nov. 26, 2024 /PRNewswire/ -- NIP Group Inc. (NASDAQ: NIPG) ("NIP Group" or the "Company"), a leading digital entertainment company, and The9 Limited ("The9") today announced that NIP Group has entered into a strategic partnership with China Crown Technology Limited ("China Crown"), a wholly owned subsidiary of The9, to develop "MIR M" into a competitive esports title. Together, both parties aim to create a game that embodies the characteristics of MIR M and is suitable for esports adoption.China Crown secured the exclusive publishing license of "MIR M" from Wemade Co., Ltd. ("Wemade") in Mainland China in May 2024. The game is the latest version of the classic game "MIR", including both mobile and PC versions. China Crown's parent company, The9, listed on Nasdaq in 2004 and is one of China's earliest online game developers and operators, known for successfully introducing multiple globally renowned titles to China, Show less Read more
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