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The9 Posts Record Quarterly Profit; Expects Sequential Growth Through 2026

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Digital asset gains power record quarter; AI-powered game creation platform the9bit surpasses 8 million registered users

SHANGHAI, July 27, 2026 /PRNewswire/ — The9 Limited (Nasdaq: NCTY) (“The9” or the “Company”), a global diversified high-tech company, today reported net income of US$23 million for the three months ended March 31, 2026, delivering the strongest quarter in the Company’s history since its 2004 IPO. The result reflects substantial digital asset-related income, accelerating adoption of the9bit, and the continued build-out of the Company’s cryptocurrency operations and digital asset holdings.

Digital Asset-Related Income and Token Allocation

First-quarter net income was driven primarily by the receipt of 1.425 billion 9BIT tokens during the period, measured at fair value based on observable market prices on digital asset trading platforms including KuCoin, MEXC and BingX.

An additional 475 million 9BIT tokens were received in April 2026 and will be reflected in second-quarter results, bringing the Company’s total allocation to approximately 1.9 billion tokens under its cooperation agreement with the 9BIT Foundation, an independent crypto foundation established in Panama.

The Company accounts for its digital assets in accordance with applicable US GAAP. Its unaudited financial information for the three months ended March 31, 2026, has been reviewed by The9’s independent auditors under applicable standards.

As of the date of this release, the Company’s total cryptocurrency holdings, including BTC and 9BIT, are valued at approximately US$110 million based on quoted market prices. This estimate is provided for reference only and may not reflect realizable value.

the9bit Platform Growth

The9’s AI-powered game creation platform, the9bit, has scaled rapidly since its August 2025 launch, surpassing 8 million registered users who have created more than 110,000 games using its proprietary AI-assisted tools. By enabling creators to transform ideas and digital assets into playable games, the9bit lowers development barriers and expands the Company’s content offerings.

Advancing the9bit as an AI-Native Game Operating System

The9 is developing the9bit into an AI-native production operating system for interactive entertainment. At its center is a proprietary, model-agnostic orchestration layer that integrates AI agents, foundation models and development workflows into a unified platform — a capability the Company believes represents the9bit’s core competitive advantage, independent of any single foundation model. In each project, an AI producer agent transforms a single natural-language prompt into a structured development plan and autonomously directs a distributed workforce of over 60 specialized AI agents across the full production pipeline, designed to enable playable interactive experiences in as little as 10 minutes. The Company expects this advantage to compound over time, as every production cycle generates proprietary data that further strengthens the platform’s intelligence layer.

Incentive Plan

The Board of Directors has approved a long-term incentive plan under which senior management will be eligible to receive equity awards representing up to 12% of the Company’s outstanding shares. Notably, the awards vest only if the Company achieves higher quarterly net income in each of the remaining three quarters of 2026 compared with the first quarter, reflecting management’s confidence that the Company’s profitability will continue to strengthen through the year. The awards are further subject to multi-year vesting conditions and a three-year lock-up period, reinforcing management’s commitment to sustained, long-term shareholder value creation.

About The9 Limited

The9 Limited (Nasdaq: NCTY) is a global, diversified high-tech company redefining how games are created, played, and monetized. Founded in 1999 and Nasdaq-listed since 2004, The9 brings over two decades of gaming heritage to its flagship platform the9bit, an AI-powered digital asset ecosystem built around AI game creation and the $9BIT token economy, where every participant can play, create, earn, and own a stake in its growth. Beyond the9bit, The9 continues to explore emerging opportunities across AI-empowered industries and the broader digital ecosystem, including an equity stake in AI-driven drug discovery company NYB, building a multi-engine business positioned at the frontier of AI and the new economy, reshaping how value is created and shared.

Forward-Looking Statements

This release contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which we operate. The use of words “will”, “expects”, “intends”, “anticipates”, “estimates”, “predicts”, “believes”, “should”, “potential”, “may”, “preliminary”, “forecast”, “objective”, “plan”, or “target”, and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, and the markets in which we operate. For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement, see The9’s filings with the U.S. Securities and Exchange Commission. The9 undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.

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SOURCE The9 Limited

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Gansu Jinchang Accelerates Grid Connection of Green Power Projects via Full-Process Customized Services

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JINCHANG, China, July 27, 2026 /PRNewswire/ — Recently, for the integrated photovoltaic and charging pile project developed by Gansu Ludong New Energy Technology Co., Ltd., State Grid Jinchang Power Supply Company has proactively catered to corporate demands and assigned exclusive account managers to deliver one-on-one full-cycle customized services throughout the project preparation phase.

In the business processing stage, leveraging integrated online and offline service channels, dedicated managers have assisted the enterprise in completing document submission and scheme approval procedures, greatly cutting administrative processing time. During construction, power supply professionals have conducted multiple on-site technical guidance sessions. In strict accordance with grid connection safety standards, they guided equipment installation and line layout, inspected operating parameters of core devices including inverters and anti-isolation equipment, and rectified non-standard construction practices to ensure the project fully meets grid access quality requirements. At the grid acceptance stage, the company coordinated professional teams from marketing, operation and maintenance departments to conduct joint inspection and verification. It completed equipment commissioning, data access and grid power supply in one go, enabling immediate grid connection and operation upon project completion and significantly shortening the full commissioning cycle.

Adopting an operation mode of self-consumption of photovoltaic power generation with surplus electricity supplied to charging piles, the integrated project will generate approximately 280,000 kWh of clean power annually after operation, equivalent to reducing around 220 tons of carbon dioxide emissions per year. The project serves as a notable demonstration for Jinchang’s advancement of green and low-carbon energy transition and the diversified application of photovoltaic plus scenarios.

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SOURCE State Grid Jinchang Power Supply Company

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ChainUp Named to CNBC & Statista World’s Top Fintech Companies 2026 List

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Global evaluation recognizes ChainUp’s institutional digital asset infrastructure, international compliance standards, and operational scale.

SINGAPORE, July 27, 2026 /PRNewswire/ — ChainUp, a global provider of digital asset technology infrastructure, has been named to the CNBC World’s Top Fintech Companies 2026 list in the Digital Assets category.

Co-published by business news network CNBC and global market research firm Statista, the index recognizes technology providers driving the future of financial services. The 2026 ranking was derived from an independent evaluation of more than 3,500 companies and 25,000 data points worldwide, assessing revenue performance, operational footprint, regulatory compliance records, and continuous technical innovation.

ChainUp’s recognition reflects a broader industry shift as financial institutions, asset managers, and enterprise operators increasingly prioritize institutional-grade compliance and reliable infrastructure over market speculation.

Delivering Unified Digital Asset Infrastructure to Set the Operational Standard for Institutional Finance

As digital asset markets align with traditional capital markets, institutions face growing pressure to replace fragmented software with unified, enterprise architecture. ChainUp addresses this shift by providing a modular technology stack across the full digital asset lifecycle—consolidating crypto exchange and prediction markets infrastructure, institutional Staking-as-a-Service, non-custodial MPC infrastructure, real-world asset (RWA) tokenization, payment rails, and real-time compliance controls within a single governance framework.

To support advancing market requirements, ChainUp also integrates purpose-built AI capabilities designed to maximize platform stickiness and elevate the end-user experience. From intelligent order routing and automated liquidity optimization to security-first AI frameworks for risk management, these tools empower operators to deliver friction-free, highly engaging workflows that retain active traders and drive long-term client loyalty.

Underpinning this platform is an operational framework aligned to international security standards, including a SOC 2 Type II report and ISO/IEC 27001 certification. ChainUp’s platform has supported over 700 enterprise clients across 30 countries—serving an ecosystem of more than 60 million end-users while maintaining a 99.99% service uptime.

“Being recognized by CNBC and Statista marks an important milestone as our industry matures toward long-term operational accountability,” said Chung Ho, President & Chief Operating Officer of ChainUp. “Our focus remains on building enterprise-grade systems that withstand rigorous regulatory standards. As global capital markets evolve, we are committed to strengthening our governance frameworks and delivering the scalable, intelligent architecture required by institutional clients worldwide.”

About ChainUp

Founded in 2019 and headquartered in Singapore, ChainUp is a global leader in digital asset technology infrastructure. Powering over 700 enterprise clients across 30 countries, ChainUp delivers a unified enterprise stack spanning crypto exchange and prediction markets infrastructure, institutional Staking-as-a-Service, MPC custody, RWA tokenization, and KYT compliance analytics. Operating under SOC 2 Type II and ISO 27001 security certifications, ChainUp provides the scalable, compliant architecture required by modern financial institutions. Learn more at www.chainup.com.

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F1R3FLY Joins the Tata Consultancy Services Alliance Ecosystem, Bringing Concurrent, Mathematically Secure Computing to TCS’s Global Enterprise Client Base

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LONDON, July 27, 2026 /PRNewswire/ — F1R3FLY Limited (“F1R3FLY”), the London-headquartered developer of the rho-calculus concurrent-computing platform, announced that it has joined the Tata Consultancy Services (“TCS”) Alliances and Partnerships ecosystem. TCS and F1R3FLY will collaborate to deploy F1R3FLY’s concurrent computing on TCS SovereignSecure Cloud™, addressing the growing requirements of enterprise cloud data asset security and compute infrastructure.

F1R3FLY joins TCS’ partner ecosystem as a specialist technology partner contributing a fundamentally new computing architecture: concurrent, mathematically secure with its “correct by construction” code composition and built for the throughput demands of AI-era enterprise workloads and the rising challenges of cyber security, across multiple industries and sectors.

Key focus is also the joint proposition of TCS SovereignSecure Cloud and F1R3FLY’s distributed ledger architecture to address the growth of tokenized and immutable financial transactions.

Why F1R3FLY in the TCS Ecosystem

F1R3FLY’s technology is platform-independent and sits beneath rather than competing with existing enterprise software, providing per-record cryptographic data isolation, concurrent processing at scale, and formally verified code safety for AI-driven workloads.

Built on the rho-calculus and its programming language Rholang, F1R3FLY’s platform delivers high-throughput parallel processing, mathematically secure data isolation, and high-speed search across very large data sets. The architecture is designed for clients facing the converging pressures of rising cyber-threat exposure, AI workload demands, multi-jurisdictional regulatory compliance, and the cost and energy constraints of legacy infrastructure — the four challenges that enterprise clients consistently identify as the limits of their existing systems.

Stephen Alexander, Chief Executive Officer of F1R3FLY, said: “Joining the TCS alliance ecosystem is a defining moment for F1R3FLY. Taking our place in that ecosystem says something important about where F1R3FLY now sits in the global enterprise stack. The Master Services Agreement gives our joint clients the legal and commercial certainty they need to deploy our technology at scale, and TCS’s breadth — across sovereign governments, global banks, leading healthcare providers and major industrial groups — is precisely the distribution model we have built our platform for.”

About TCS SovereignSecure Cloud™

TCS SovereignSecure Cloud™ is a sovereign-by-design cloud platform that enables governments, enterprises, and regulated industries to accelerate digital transformation while maintaining control over their data, operations, and digital assets. Combining advanced cybersecurity, AI-enabled intelligence, compliance-driven architecture, and operational sovereignty, the platform helps organizations meet evolving data residency and regulatory requirements without compromising innovation. Designed for mission-critical workloads, TCS SovereignSecure Cloud™ delivers a secure, resilient, and future-ready cloud foundation that supports trusted digital ecosystems and emerging technologies.

Satishchandra Doreswamy, Vice President & Global Head – TCS SovereignSecure Cloud™, Tata Consultancy Services, said: “Organizations are increasingly looking for secure and sovereign digital foundations that support innovation at scale. Our collaboration with F1R3FLY combines advanced concurrent computing with TCS SovereignSecure Cloud™ to help customers unlock AI-led growth, strengthen cyber resilience, and meet evolving regulatory and sovereignty requirements. Together, we are enabling trusted digital ecosystems for governments and highly regulated industries worldwide.”

About F1R3FLY

F1R3FLY Limited is the developer of a next-generation concurrent-computing platform built on the rho-calculus and its programming language, Rholang. The platform delivers high-throughput parallel processing, mathematically secure data isolation, and formally verifiable code safety, and is being deployed across healthcare, financial services, defence, AI infrastructure, sovereign cloud and media. F1R3FLY is headquartered at 4–5 Langham Place, London W1B 3DG and is registered in England and Wales under company number 15424583. More information is available at www.f1r3fly.com.

About Tata Consultancy Services

Tata Consultancy Services is the technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.

It has set an aspiration to become the world’s largest AI-led technology services company and is enabling its clients to transform themselves across the full AI stack, from infrastructure to intelligence.

Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce spread across 56 countries and 194 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long-term partnerships with its clients. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to artificial intelligence today.

TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon, Tata Mumbai Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.

TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026. For more information, visit www.tcs.com

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SOURCE F1R3FLY Limited

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