|Bid||54.05 x 1100|
|Ask||0.00 x 900|
|Day's Range||41.34 - 55.98|
|52 Week Range||2.04 - 89.20|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 29, 2009|
|1y Target Est||N/A|
The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced the appointment of Cai Zhifang as the Chief Executive Officer of NBTC Limited (hereinafter referred to as "NBTC"), a wholly-owned subsidiary of The9, to lead the development of blockchain and cryptocurrency business in NBTC. Mr. Cai has been on board.
The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding memorandum of understanding (the "MOU") on the Acquisition of 70% equity of Hangzhou SuanLi Technology Co., Ltd. (hereinafter referred to as "Interhash"), a cryptocurrency cloud mining blockchain Software-as-a-Service ("SaaS") company. The acquisition consideration is approximately US$7 million, subject to due diligence and valuation to be conducted by an independent valuation firm. The9 will pay the acquisition consideration by issuance of Class A ordinary shares based on the closing market price of US$82.89 prior to the signing of the MOU.
The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a US$10 million framework agreement (the "Framework Agreement") with a Filecoin (FIL) mining machine vendor to purchase Filecoin mining machines by cash.