The9(US:NCTY) Jin Rong Jie·2025-08-05 13:52Group 1 - The core viewpoint of the article highlights that Ninth City (NCTY) is experiencing a significant decline in revenue and net profit, indicating potential challenges in its business operations [1] - As of August 5, Ninth City opened with a 3.49% increase, trading at $8.9 per share, with a total market capitalization of $125 million [1] - Financial data shows that by December 31, 2024, Ninth City's total revenue is projected to be 112 million RMB, representing a year-on-year decrease of 35.81% [1] Group 2 - The net profit attributable to the parent company is reported at -73.424 million RMB, reflecting a drastic year-on-year decline of 467.06% [1] - Ninth City, established in 2004 and listed on NASDAQ under the ticker NCTY, is actively positioning itself as a diversified high-tech internet company [1] - Currently, the company is primarily focused on blockchain-related business activities [1]