The9 Signed a Legally Binding Term Sheet to Acquire a Leading AIGC Driven Digital Human SaaS Platform ShenMa

SHANGHAI, March 5, 2024 /PRNewswire/ —

The9 Limited (Nasdaq: NCTY) (“The9”), an established Internet company, today announced that it signed a legally binding term sheet (the “Term Sheet”) with Shenma Limited (“Shenma”) to purchase 51% shares of Shenma by cash and issuance of The9’s restricted shares.…

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