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The9 Limited Terminates MIR M Agreement Amid Trademark Issues

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The9 Limited Terminates MIR M Agreement Amid Trademark Issues

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The9 ( (NCTY) ) just unveiled an announcement.

On October 10, 2025, The9 Limited announced the termination of the MIR M Game Publishing Agreement with Wemade Co., Ltd. due to unstable factors related to the MIR M Chinese trademark. The agreement, initially established in May 2024, was concluded amicably with settlements including the refund of license and minimum payment fees to The9’s subsidiary, China Crown Technology Ltd. Additionally, The9 will cancel restricted shares issued to joint venture partners for the MIR M game operation, which have not been converted into ADS. The company may continue collaborating with these partners for promoting its mobile game Ultraman: Hero Beyond Time.

More about The9

The9 Limited is a company operating in the gaming industry, focusing on developing and publishing online games. It is known for its proprietary mobile game Ultraman: Hero Beyond Time, which has garnered over 2.7 million registered users and 2 million monthly active users.

Average Trading Volume: 66,322

Technical Sentiment Signal: Sell

Current Market Cap: $142.5M

For an in-depth examination of NCTY stock, go to TipRanks’ Overview page.

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