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The9 establishes JV with Qing Cheng for mobile game operation and distribution in China
Qing Cheng committed to The9 that the JV will have an annual profit of more than RMB80 million (approximately US$11M) in 2025, with profit increasing by at least 50% annually in 2026 and 2027 ...
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The9 and Qing Cheng partner to dominate China’s lower-tier mobile games market
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%.
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The9 establishes JV with Qing Cheng for mobile game operation and distribution in China
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 ...