Gelonghui May 31 On June 3, 2024, Announcement of the Ninth City (NCTY. US) Today announced that Wuhan Weixiang Science And Technology Co., Ltd. (“WeiXiang”) Has entered into a share purchase agreement (the "Agreement"). According to the agreement, the Ninth City will purchase WeiXiang 19% of the shares. In addition, the Ninth City has also obtained a purchase option based on WeiXiang 7 times of audited annual after tax profit, purchase WeiXiang Up to 51% of the shares, provided that the valuation is not less than $45 million.
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