The9 Ltd. Terminates MIR M Trademark Deal with Wemade
Ticker: NCTY · Form: 6-K · Filed: Oct 10, 2025 · CIK: 1296774
| Field | Detail |
|---|---|
| Company | The9 LTD (NCTY) |
| Form Type | 6-K |
| Filed Date | Oct 10, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: termination, trademark, licensing
TL;DR
The9 is ditching the MIR M China trademark deal with Wemade over 'unstable factors' - expect a refund.
AI Summary
The9 Limited announced on October 10, 2025, that its subsidiary, China Crown Technology Ltd., is terminating its agreement with Wemade Co., Ltd. regarding the MIR M Chinese trademark due to unstable factors. This termination involves a refund process.
Why It Matters
This termination could impact The9's ability to operate or monetize the MIR M game in China, potentially affecting its revenue streams and market presence.
Risk Assessment
Risk Level: medium — The termination of a key trademark agreement suggests potential operational or legal challenges that could impact the company's business.
Key Players & Entities
- The9 Limited (company) — Registrant and party to termination
- China Crown Technology Ltd. (company) — Wholly-owned subsidiary of The9 Limited
- Wemade Co., Ltd. (company) — Party to the agreement being terminated
- MIR M (product) — Game/trademark subject to termination
FAQ
What specific "unstable factors" led to the termination of the MIR M Chinese trademark agreement?
The filing states "certain unstable factors in relation with MIR M Chinese trademark" but does not specify what these factors are.
What is the expected timeline for the refund process between China Crown Technology Ltd. and Wemade Co., Ltd.?
The filing mentions a refund process but does not provide a specific timeline for its completion.
Will The9 Limited be seeking alternative partners or strategies for the MIR M game in China?
The filing does not contain information regarding The9 Limited's future plans for the MIR M game in China.
What was the original scope and duration of the agreement between China Crown Technology Ltd. and Wemade Co., Ltd. regarding the MIR M trademark?
The filing does not detail the original terms or duration of the agreement.
Has Wemade Co., Ltd. commented on the termination or the reasons behind it?
This filing is from The9 Limited and does not include comments from Wemade Co., Ltd.
Filing Stats: 643 words · 3 min read · ~2 pages · Grade level 14.6 · Accepted 2025-10-10 06:01:45
Filing Documents
- tm2528515d1_6k.htm (6-K) — 14KB
- 0001104659-25-098459.txt ( ) — 15KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. THE9 LIMITED By : /s/ George Lai Name: : George Lai Title: : Director and Chief Financial Officer Date: October 10, 2025