The9", an established Internet company, signed a definitive share purchase agreement with Kuaijin Shidai.
Within 48 hours, traditional retail stores can be transformed into artificial intelligence retail stores.
The9 will pay cash consideration of US$ 1.5 million and will issue restricted Class A ordinary shares to KuaiJin.
There are more than 5 million retail stores in China alone.
The total number of issued and outstanding shares of The9 is 1,993,729,927, which is equivalent to 6,645,766 American Depositary Shares.
There is a safe harbor statement.
The "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 allow forward-looking statements to be made.
The9Limited17 Floor, No. 130, Wu Song Road, Hong Kou District,Shanghai 200080, PRC.
About The9 LIMITED.
The9 aims to become a global diversified high-tech Internet company, and is engaged in the operation of cryptocurrencies.
Contact investor relations
Ms. Rebecca Cai is an investor relations specialist for The9.
The9.com is a website.
The9 LIMITED is the source of this information.
The9 filed its annual report on Form 20-F for the year ended...
The9 LIMITED, an established Internet company, today announced that it has invested in a company.

Source prnewswire