BRIEF-The9 To Acquire AIGC Driven Digital Human SaaS Platform ShenMa

Reuters03-05

March 5 (Reuters) - The9 Ltd :

* THE9 SIGNED A LEGALLY BINDING TERM SHEET TO ACQUIRE A LEADING AIGC DRIVEN DIGITAL HUMAN SAAS PLATFORM SHENMA

* THE9 LTD: TO PURCHASE 51% SHARES OF SHENMA BY CASH AND ISSUANCE OF THE9'S RESTRICTED SHARES

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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