The9 Obtained Exclusive Publishing License of “MIR M” IP, A New Chinese Edition of Mobile and PC Game from Wemade
SHANGHAI, May 24, 2024 /PRNewswire/ — The9 Limited (Nasdaq: NCTY) (the “Company”), an established Internet company, today announced that its wholly-owned subsidiary China Crown Technology Limited (“China Crown“), a company incorporated in Hong Kong, entered into an exclusive publishing license agreement (the “License Agreement”) with Wemade Co., Ltd. (“Wemade”). Pursuant to the License Agreement, China Crown will exclusively publish and service the new MIR M game in mainland China, in both Mobile and PC version. The game may include blockchain technology in accordance with relevant PRC laws and regulations, subject to further agreement between the parties. The license term is 5 years from the commercial launch date and may be extended for another 1 year if such extension is not objected by either Party. The Commercial launch is expected in early 2025.