 The9 Limited Nasdaq: NCTY The9 or the Company, an established Internet company, today announced that it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market Inc. Nasdaq on March 6, 2020 notifying the Company that the minimum bid price per American depositary share ADS, each representing three Class A ordinary shares of the Company, was below US1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Rule 5550a2 of the Nasdaq Listing Rules. The Nasdaq notification letter does not result in the immediate delisting of the Companys securities. 