The9(US:NCTY) Jin Rong Jie·2025-08-12 15:15Core Viewpoint - The Ninth City (NCTY) is experiencing a decline in revenue and net profit, while its stock price shows a slight increase, indicating potential volatility in its financial performance and market perception [1] Financial Performance - As of December 31, 2024, the total revenue of The Ninth City is projected to be 112 million RMB, representing a year-on-year decrease of 35.81% [1] - The net profit attributable to the parent company is expected to be -73.424 million RMB, reflecting a significant year-on-year decline of 467.06% [1] Company Overview - The Ninth City Limited, listed on NASDAQ since 2004 under the stock code 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]