SHANGHAI, China, Jan. 24 /Xinhua-PRNewswire/ -- The9 Limited
(Nasdaq: NCTY) (“The9”), a leading online game operator in China, today announced the promotion of Yong Wang and Lingdong Huang as Vice Presidents. Both promotions will be effective January 24, 2007.
Yong Wang will be our Vice President overseeing our Sales and Customer Services Departments. Prior to his promotion, since May 2005, Mr. Wang served as the Senior Director of our Customer Service Department. From December 2001 to April 2005, he served as the Director of our Sales Department and led our sales department in strengthening the national distribution network for our pre-paid game cards. Prior to joining The9, Mr. Wang worked as a business development manager at East Asia International Trader Company from 1999 to 2000, and a supervisor of general business department at East Assets Trading Co., Ltd. from 1992 to 1999. Mr. Wang graduated from the Shanghai Mechanical College.
Lingdong Huang will be our Vice President responsible for our Product Department. Since he joined The9 in April 1999, Mr. Huang has held various roles within our different business units. Before his promotion, since November 2005, he served as Senior Director of our Product Department. Prior to that, Mr. Huang served as the Director of our Product Department from 2002 to 2005 and a Manager of our Editorial Planning Department from 1999 to 2002. Mr. Huang received his Bachelor’s degree in Informatics from Shanghai University.
Jun Zhu, The9’s Chairman and CEO, commented: “Yong and Lingdong have played important roles in the The9’s development during the past years. We believe that after being promoted to higher management positions and taking even more responsibilities, they will further devote themselves to The9 to enhance our game operating capabilities so that we are well prepared for the coming years as we introduce more high quality games to the China market.”
About The9 Limited
The9 Limited is a leading online game operator in China. The9’s business is primarily focused on operating and developing MMORPGs for the Chinese online game players market. The9 directly or through affiliates operates licensed MMORPGs, consisting of Blizzard Entertainment(R)’s World of Warcraft(R), MU(R) and Mystina Online(R) and its first proprietary MMORPG, Joyful Journey West(TM), in China. It has also obtained exclusive licenses to operate additional MMORPGs in China, including Granado Espada(R), Soul of The Ultimate Nation(R), Guild Wars(R), Hellgate: London(R), Ragnarok Online 2(R) and Emil Chronicle Online(R). In addition, The9 is also working on the development of a 3D fantasy MMORPG game, Fantasy Melody Online(TM).
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this press release contain forward-looking statements. The9 may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about The9’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, The9’s limited operating history as an online game operator, political and economic policies of the Chinese government, the laws and regulations governing the online game industry, information disseminated over the Internet and Internet content providers in China, intensified government regulation of Internet cafes, The9’s ability to retain existing players and attract new players, license, develop or acquire additional online games that are appealing to users, anticipate and adapt to changing consumer preferences and respond to competitive market conditions, and other risks and uncertainties outlined in The9’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 20-F. The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For further information, please contact:
Ms. Dahlia Wei
Senior Manager, Investor Relations
The9 Limited
Tel: +86-21-5172-9990
Email: IR@corp.the9.com
Web: http://www.corp.the9.com
