1. NCTY re-elected Mr. Zhu Jun as Class III Director for three years. 2. The annual general meeting was held in Hong Kong. 3. The9 aims to diversify as a high-tech Internet company. 4. The company engages in online games and Bitcoin mining. 5. Executive continuity may foster investor confidence.
FAQ
Why Bullish?
Re-election of a director could imply stability and investor confidence. Past examples show positive market reactions to steady leadership.
How important is it?
Leadership changes impact company strategy and investor perceptions, which can greatly influence stock performance.
Why Long Term?
Director stability benefits the company's strategic direction over time. Market perception may change as leadership impacts business execution.
SHANGHAI, Dec. 22, 2025 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq: NCTY), an established Internet company, today announced that the following proposed resolution submitted for shareholder approval have been duly adopted at its annual general meeting (the "AGM") of shareholders held in Hong Kong today:
- as an ordinary resolution, that Mr. Zhu Jun, whose term of office shall expire on the date of this Annual General Meeting, be re-elected and appointed as a Class III Director of the Company, effective from the closing of this Annual General Meeting, to serve for a three (3) year term ending at the 2028 Annual General Meeting or until his successor is duly elected and qualified.
About The9 Limited
The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to become a global diversified high-tech Internet company and is engaged in online games operation and Bitcoin mining business.
Website: http://www.the9.com/
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SOURCE The9 Limited