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    NCTY   US88337K3023

THE9 LIMITED

(NCTY)
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Skychain Technologies Inc. announced that it has received CAD 4 million in funding from The9 Limited

07/26/2021 EDT

On July 26, 2021, Skychain Technologies Inc closed the transaction. The company issued 1,010,628 units for gross proceeds of CAD 768,077.28 in its final tranche. The units are subject to a hold period of four months and one day. The company has received approval from the TSX Venture Exchange.


© S&P Capital IQ 2021
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Financials
Sales 2020 0,63 M 0,10 M 0,10 M
Net income 2020 397 M 61,4 M 61,4 M
Net cash 2020 4,84 M 0,75 M 0,75 M
P/E ratio 2020 0,05x
Yield 2020 -
Capitalization 1 524 M 236 M 236 M
EV / Sales 2019 2 590x
EV / Sales 2020 318x
Nbr of Employees 105
Free-Float 94,3%
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Managers and Directors
Jun Zhu Chairman & Chief Executive Officer
Guo Ding Shen President
Kwok Ho Lai Chief Financial Officer & Director
Davin Alexander MacKenzie Independent Director
Ka Keung Yeung Independent Director
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