# EDGAR Filing Document

**Accession Number:** 0001318069
**File Stem:** 0001104659-26-029001
**Filing Date:** 2026-3
**Character Count:** 6588
**Document Hash:** 03f4ea5f8b652f6f95aa114e67398d3d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-029001.hdr.sgml**: 20260317

**ACCESSION NUMBER**: 0001104659-26-029001

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260317

**FILED AS OF DATE**: 20260317

**DATE AS OF CHANGE**: 20260317

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Zhu Jun
- **CENTRAL INDEX KEY:** 0001318069

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34238
- **FILM NUMBER:** 26759123

**MAIL ADDRESS:**
- **STREET 1:** 30/F, CITIC PLAZA, NO. 1168
- **STREET 2:** NANJING ROAD (W)
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 200041
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** The9 LTD
- **CENTRAL INDEX KEY:** 0001296774
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 17 FLOOR, NO. 130 WU SONG ROAD
- **STREET 2:** HONG KOU DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4
- **BUSINESS PHONE:** (86) 21 - 5172 9999

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 17 FLOOR, NO. 130 WU SONG ROAD
- **STREET 2:** HONG KOU DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Zhu Jun<br><sub>(Last) (First) (Middle)</sub><br>17 FLOOR, NO. 130 WU SONG ROAD,<br>HONG KOU DISTRICT<br><sub>(Street)</sub><br>SHANGHAI, F4 200080<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>The9 LTD [ NCTY ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-03-17 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [ ] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| American Depositary Shares<sup>(1)</sup> | 571347 | D |  |
| American Depositary Shares<sup>(1)</sup> | 3040 | I | By Incsight Limited Corporation<sup>(2)</sup> |
| Class A Ordinary Shares | 270000100<sup>(3)</sup> | D |  |
| Class A Ordinary Shares (Restricted) | 365000000<sup>(4)</sup> | D |  |
| Class A Ordinary Shares (Restricted) | 54000000<sup>(5)</sup> | D |  |
| Class B Ordinary Shares<sup>(6)</sup> | 57500000 | D |  |
| Class B Ordinary Shares<sup>(6)</sup> | 6107334 | I | By Incsight Limited Corporation<sup>(2)</sup> |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Each American Depositary Share represents 300 Class A Ordinary Shares of the Issuer.

(2) These American Depositary Shares are held in the name of Incsight Limited, which is a company registered in the British Virgin Islands and wholly-owned by the reporting person.

(3) These Class A Ordinary Shares represent vested Restricted Shares held by the reporting person in the form of Class A Ordinary Shares without transfer restrictions. Among these Class A Ordinary Shares, 5,000,100 were granted on September 7, 2023, 100,000,000 were granted on March 10, 2025, and 165,000,000 were granted on September 18, 2025, each in the form of Restricted Shares at the granting

(4) These Class A Ordinary Shares represent the unvested Restricted Shares held in the form of Class A Ordinary Shares by the reporting person. Among these Class A Ordinary Shares, 200,000,000 were granted on March 10, 2025 in the form of Restricted Shares and would vest each month in 1/36th of the total granted amount; 165,000,000 were granted on September 18, 2025 in the form of Restricted Shares, among which 50% would vest on the first anniversary of the grant, and another 50% would vest on the second anniversary of the grant.

(5) These Class A Ordinary Shares represent the unvested Restricted Shares held in the form of Class A Ordinary Shares by the reporting person. These Class A Ordinary Shares were granted on September 7, 2023, and would vest and be released from lock-up each month in 1/12th of the total amount during the third year, only if the closing trading price of the Issuer's American Depositary Shares reaches US$20 or higher on any trading day after the date of the grant.

(6) Each Class B Ordinary Share is convertible into one Class A Ordinary Share of the Issuer at any time at the option of the reporting person.

**Signature:** /s/ Zhu Jun  
**Date:** 2026-03-17

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**