WHITE PAPER BLOCKCHAIN 9CO/T9
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BLOCKCHAIN 9CO/T9 WHITE PAPER
THE9COMPANY Vision In ancient countries, numbers were given many different meanings. The number "8" is the eight directions that make up the earth, which is the number that completes the earth, and the number that adds the eight directions that make up the earth, which means "9" is the number of the realm of God. The9 company recognizes the philosophical ideology of blockchain and is confident that blockchain will be a representative system of the world in the near future. Moreover, unlike other businesses, we believe the potation of “Resources-based system” is the eight directions and The 9 company will be at the center. Therefore, number “9” is the will and the vison of The9 company. 3 BLOCKCHAIN 9CO/T9 WHITE PAPER
9CO/T9 Business Philosophy
“Be equal in tourism!”
Tourism is an important place in human life, people learn life through travel, plan new businesses,
meet their loved ones and start a family. THE9 company intends to draw a grand picture to overcome
the obstacles to the inconvenience of language in the way of experiencing tourism, the inconvenience
of exchange and loss of value issued by the payment system of each country's currency, and the
inconvenience of loss of reward value in the operating system of natives and foreigners.
THE9COMPANY is with THE9COMPANYKOREA, the world's largest kiosk operator provides free
kiosk ticketing and management systems for tourist destinations around the world and ordering
kiosks for merchants around the world.
Lkorea, has the licensee in Korea about China’s largest in-bound tourism OTA LVMAMA with 259
million members worldwide.
EXALAB, developed mainnet first in Korea, has artificial intelligence and big data technology,
developing various service programs for LVMAMA Korea’s travel applications and ordering kiosk and
proving technologies for 9CO/T9 projects.
PayExpress, a global hybrid PG company that provides hybrid payment services in kiosks around the
world where TE9COMPANYKOREA is in operation.
provides freedom of speech anywhere in the world.
provides the freedom of payment, which does not cause inconvenience in exchange and loss of
value due to exchange rate anywhere in the world.
Provide globally integrated mileage services to foreigners to enable them to use meaningless
mileages anywhere in the world.
This is business philosophy of THE9COMPANY where provides 9CO/T9.
9CO/T9 Business Philosophy 4
Contents Prologue 07 Abstract 08 1. Business Foundation 09 2. Problems of Global facility Operators 15 1 Problems of facility operation business 2 Problems of global tourist industry 3 Absence of support system 3. The Problem Solving Suggested by THE9 18 1 Resolution of pending issues 2 Resolution of user issues 3 Resolution of system issues 4. Introduction of business 22 1 THE9 Company profile 2 THE9 Business objective 3 THE9 Composition of business 5. Global Entry Status and Planning 32 6. Token Project Plan 37 7. Conclusion 42 8. THE9COMPANY / THE9 TEAM / ADVISER 43 9. Legal Consideration 47
Prologue “Rusted Nail” As of 2018, entering the fourth industrial revolution, the most popular ticketing system in tour sites around the world is the "nail." Still, famous tour sites around the world take away tickets, give them to tourists, and place one on a nail in front of the ticket office clerk. Maybe the way they use is a little bit uncomfortable and cumbersome, but it's the optimal system in terms of Earth and nature. The9 company respects this primary ticketing system. Based on respect, we want to have fare profits and advantages with tourists who visit tour sites. This is begging of The9 company for global tourist industry. 07 BLOCKCHAIN 9CO/T9 WHITE PAPER
Abstract
The9 company is a firm that manages the businesses such as payment interlocking devices and
operating systems such as kiosks and gates, ticketing system, possessing payment system, providing
to public facilities with no charge and receiving commission for their use.
From 2016, THE9 and partners have been operating the business through various forms of contracts
in Korea, China, Indonesia, and Vietnam, etc. In the future, expecting to enter Europe, the USA and
across Asia such as Japan, Malaysia market.
Based on its know-how in conducting various devices, operating systems, ticketing systems, and
payment systems, THE9 has directly provided benefits such as practical cost reduction and efficient
marketing by linking with stores, stadiums, movie theaters, and tourist sites, and recently provided
users with direct benefits such as convenience and reduction of waiting time. THE9 company has
been approached to the blockchain via a reverse method that combining the existing business system
with blockchain linkage technology and token operation method to maximize competitiveness and
scope of business.
Through this reverse-type blockchain system, establish interconnection with its operational partners
in each country, share mutual membership, support integrated policies and benefits to increase user
revisit rates, increase operational costs, provide practical support for sharing of interests beyond
convenience to users of the Alliance, and provide an increase in net tourism time.
THE9 and partners are providing various systems and devices centered on operating systems in
multi-use stores and tourist attractions without charge. In the tourist attractions when they use our
services, we receive 200KRW per issuing a ticket or an attendance. Recently we are installing and
operating in Korea and Asian countries.
THE9 is establishing a blockchain system by sharing the technology of EXA Lab, which developed
the Mainnet for the first time in Korea to efficiently connect the global network. In addition, the
company is building an ecosystem through EXA Alliance, which shares the same vison. By the vison
the company is expanding its foundation into a global network platform through the link between
various businesses, while eliminating inconveniences presented based on current projects.
Abstract 08
1. Business Foundation 1 THE9COMPANY LIMITED The9 company is the holding company that established for the global tourism operation system business and has a stake in five-nation operations corporation including 2subsidiary companies in Korea such as 9mm. Currently, the company is operating the Jeju island project and small business purpose kiosk project. 2 Target amount of installation in global tour sites. Tour site ticketing kiosk - 37,500 (2019~2024) Small business ordering 9 kiosk - 50million(2019~2024) 09 BLOCKCHAIN 9CO/T9 WHITE PAPER
2007
03. Korea's first 40-inch payment system and development of
kiosks for ticket issuance
2009
02. C
ompletion of the contract to supply new ticketing machines
in CJCGV. CJCGV (Co.) 1st batch of 100 new ticketing
machines.
10. CJCGV (Co.) First batch of 100 units installed
2010
02. Installation of 150 new machines for CJCGV stock
10. CJCGV (Co.) Image Advertisement Processing and Application
of Full Screen System
1. Business Foundation 10
11. MOU for the photo-ticket part of the DIP and for the Handicapped
Regional Complex Output Project 04. P
atent-applied Kiosk Data Integration Control Kiosk
12. Applying CJCGV (Co.) BI change and concluding a Receiving Structure/Information Supply
multilingual system contract 05. E
-mart Coupon Kiosk Operating Solution
12. CJCGV (Co.) 100 additional new ticketing machines Development and Delivery
12. Select a preferred bidder for Lotteria's unmanned
POS (KIOSK) test project.
12. China's largest travel site Lumma, a joint venture
2011
contract for issuing kiosks to tourist destinations.
07. CJCGV (Co.) 100 additional new machines delivered
08. Developing a Theater Operating System
11. Supply 83 Megabox-type ticket machines
11. Production and delivery of highway food ticket 2014
issuers 01. Lotte Tower Aquarium Unmanned POS (KIOSK)
12. Additional 57 new ticketing machines in CJCGV Preferred Negotiators
stock are delivered. 03. H
omeplus Coin Kiosk Manufacturing and Delivery
Contract
05. D
elivery and operation of CJCGV card photo-ticket
service
2012
06. S
upply contract and delivery of Max Movie
01. CJCGV (Co.) Direct delivery of new machines unmanned ticketing machines
02. C
JCGV (Co.) Interactive Advertising System 09. O
peration of unmanned ticketing machines and
Development systems at the 2014 Asian Games in Incheon
04. 400 Mega Box (Co.) Cinus machines supply 12. Choosing a preferred bidder for CGV China's
contract\ unmanned ticketing machine project
05. ( Co.) Joint Business Partnership for the Publication
of LS Cable System
06. ( Co.) Completed 1,000 Contracts with Hanlim
Pharmaceutical Co. and Pharmacy purpose Kiosk. 2015
07. U.S. WWL and the U.S. Professional Baseball 04. S
elect a preferred bidder for Lotteria's unmanned
Organization (WWL) have signed a contract to POS (KIOSK) project.
supply the machines. 05. Contract and Deliver 450 Japanese Game Printers
12. Delivery of unmanned machines to the Korea 08. C
ontract and Delivery of 248 CJ Korea Express
Basketball League (SK Planet) delivery kiosks
12. Contract to install unmanned machines and systems 12. Contract for Development of Kiosk System for
for the 2014 Incheon Asian Games Corona World Theater, Japan
2013 2016
01. CGV China Integrated Media (9 types) Installation 06. J eju Special Self-Governing Province 020 Service
Agreement Operator Support
03. CJCGV (Co.) Supplied Unmanned Launch Vehicle 06. T
'way Air PhotoTicket Service Agreement
11 BLOCKCHAIN 9CO/T9 WHITE PAPER06. D
evelopment of Photo Card Kiosk for Everland 05. S
igning the Agreement on the Delivery of Kiosk for
06. D
evelopment of Soribada Music Card and Music Chinese Tourist Zone
Card Kiosk
09. Developing a BLE (beacon) System for ticket
ticketing
12. Development of Kiosk Payment System for Wechat
in China
12. Developing a Photocard Printing System for Wechat
in China
12. Development of Gglass Tower Kiosk for Chinese
Tourism Area
2017
01. Kiosk Delivery Alliance for Alfamart, Indonesia
02. A
greement with the Korea Service Industry
Promotion Agency on the Development of
Daehangno Performance System
07. Delivery of Indonesian Telecom Charging Kiosk
Primary Test Kiosk
07. Indonesian Cinema 21 Movie Ticet rights Kiosk
Convention
08. Contract for Delivery of Smart Bending Machine for
Indonesia DOKU
08. Delivery of Indonesia Photo Ticket System
10. Convention on the Development of Kiosks and
Systems in Indonesian Bus Terminal
12. GN and KT, disabled association and unmanned
order kiosk development and acceptance
12. Paju Publishing Association's Education Keyosk
Project Progress
2018
01. "Here, final bidding qualification for unmanned
check-in check-out system
01. GN and Gangwon Province Tourism Area Contract
for Ticket ticketing System
03. Indonesian Bus Terminal Kiosk Agreement
03. Kiosk Field Test for KT Food Trucks 05. First
delivery of Indonesian Bus Terminal
1. Business Foundation 123 Tourist kiosk business 1) CHINA 2019.05 present. 162 Tour sites Operating 740 kiosks. 13 BLOCKCHAIN 9CO/T9 WHITE PAPER
2) INDONESIA
Jakarta
Bali
▲ Indonesia Contract for operation of tourism ▲ Indonesia Contract for operation of bus
system terminal system
1. Business Foundation 143) JEJU-DO
1st place online ticket agency
in Jeju island tour sites.
System construction Provide kiosk and
business partner systems.
in Jeju island
KIOSK operation System operation
◀ Contract for operation of tour
sites system in Jeju island.
15 BLOCKCHAIN 9CO/T9 WHITE PAPER2. Problems of Global facility Operators
1 Problems of facility operation business.
1) Increasement of operation cost
Minimum wage per an hour of OECD
(1) Increasement of fixed cost
countries in 2016
Each country's policy toward workers is aimed at a rise in the minimum
Country Dollar Won
wage and a mandatory reduction in working hours every year. However,
Austria 13.0 15,860
the sluggish global economy and inflation are driven by shrinking sales
Luxemburg 12.1 14,762
and increasing fixed costs (especially labor costs), and by those issues,
France 10.7 13,054
operators are getting uncertain about their business conditions.
New Zealand 10.5 12,810
(2) Increasement of marketing cost UK 10.3 12,566
Business operators execute a variety of marketing and advertising Holland 9.7 11,640
to increase falling sales, however, advertising and marketing are less Germany 9.4 11,468
efficient than investment and operators are repeating a vicious cycle Canada 8.5 10,370
of increasing the associated costs again. USA 7.2 8,784
Japan 6.7 8,040
(3) Decrement of LIFE CYCLE of business Korea 5.3 6,470
The life cycle of global public works is getting shorter as technology ※ 1USD per 1220KWD OECD
advances and information spreads faster. For commercial and
independent multi-use facilities in Asian countries such as Korea and Japan, five to 10 years of business is a permanent
cycle, a figure that has been shortened from 20 to 30 years ago, and the problem is that it will be shorter in the future.
(4)Diversification of inflow channel of customer
The development of the media has diversified the flow channel of customers. This diversity has confused the marketing
cost and marketing results of operators, and business operators faced issues about customer inflows.
2 Problems of global tourist industry
1) Problems of tour sites
(1) Settlement problems
Tourism is a service-agent trade, not a real trade, and includes many variables in commercial activities. Thus, unlike the
usual form of trade between countries, it is settled by the method of first-hand act and settlement. The settlement
procedure for general tourist trade is as follows
① The recruitment and movement of tourists ② Local tourism ③ End local tourism ④ Settlement of expenses
incurred in the event of tourism activities⑤ Cost settlement with the associated company ⑥ Sending invoices
⑦ Payment by international financial procedures
2. Problems of Global facility Operators 16The settlement process usually takes four to six weeks. However, the settlement is not accomplished like that. According to the circumstance of an outbound company, problems such as settlement gets delay or unpaid issues may occur often. (2) Commission problems Most of the tourist sites pay high card fees, except in some countries. In particular, for foreign tourists' cards, the fees are applied differently by applying the country's fee rate. Card fee in Korea is around 3% and there are some countries take more than 5% for fee rate. (3) Lack of customer management and marketing systems Unlike other industries, the system application rate is very low for a tourist site. Korea, Europe, and the United States, where the IT industry has developed, are no exception. In Korea, more than 85 percent of all tourist attractions still have no ticket system, and most of them are done settlement by handwriting. As a result, labor costs are higher than necessary, and settlement accidents occur more frequently. Also, unlike the past, the portion of attraction and linked management of visitors is becoming vulnerable and unnecessary management costs are rising due to FIT(Foreign Independent Tour) has grown rapidity rather than group tours. 2) Problems of tourist (1) Lack of tourist time Since there is no operating system to manage the tourist sites, the risks are up to customers. Customers have to line up to buy tickets and to enter the market due to delays caused by confirmation of their admission. Also, overseas tourists have to wait again for a tax refund after the trip because of the weak foreign language service in the tourist area. The absence of the system consequently infringes on the tour time of tourists who came for sightseeing. If one visits three to four tourist attractions on a three-day basis, it will result in a waste of five to six hours of tourism time. This results in wasted tourist time as well as impairing the chances of additional sales in cities where other tourist and tourist destinations belong. As a result, it will have negative consequences for tourists, tourist destinations and their cities, all of them. (2) Increase of service charge and decrease of service quality The project operator's management costs increase eventually leads to an increase in service charges, forcing the price to rise every year, and the burden is responsible to the user. In addition, the increase in administrative costs will eventually lead to a reduction in personnel and operational costs, resulting in a decrease in service for users. (3) Problems of cost reduction There are other things that foreign tourists have to bear. High exchange rate and disablement of receiving benefits from tour sites or the government of the country when travel abroad. Most exchange fees are in the 5 percent or higher range except for USD, while some regions in Africa, Arab, Central Asia or South America incur exchange fees of 30 percent or more. Also, the exchange fee overlaps more than two times as you have to exchange money again when you return to your country after the tour. And in the case of coins, they are becoming worthless because they can not be exchanged. In addition, it is very difficult for foreign tourists to enjoy the system when it comes to mileage issued in overseas tourist spots or government-funded benefits to include tourist destinations. In the case of mileage, it is not easy for foreign tourists to receive payments, and if they are paid, they are either very 17 BLOCKCHAIN 9CO/T9 WHITE PAPER
limited or complicated. So the case of mileages paid to foreigners will be useless.
(4) Difficulties due to language barrios
While users travel abroad and use various facilities, they will face language problems. The use of facilities abroad is the
same level of difficulty for the disabled.
3 Absence of support system
1) Business operator’s burden of building the system
The only way to relieve the burden of increasing the cost of a business operator is to apply the system. Two things
are needed to apply the system. One is an operating program and the other is a device that can act as an agent for
ordering and approving, however, it takes an unaffordable amount of money to build an independent system from
the perspective of a business operator. That is why most business operators want to introduce the system but are
unable to do so.
Developing and installing and operating systems and related hardware requires 500 to 600 million KRW for Korean
standards, 1.5 billion KRW for European or U.S. standards, and 300 to 400 million KRW for Southeast Asia, but even
if they spend and develop those costs, they don't easily make decisions about the system because you don't have
the confidence or trust in a stable system. In addition, it is not easy for system developers to develop and operate a
pan-availability system by applying the characteristics of tourism industries with different environments by tourist
destination and country and In overseas cases, it is not easy to operate a global system operating company that also
needs foothold facilities in maintenance or management.
2) Absence of global expertise
Still, there are few companies that serve operating systems. This is because of the different nature of each commercial
facility and the different payment methods and operating systems between countries, there are few general-purpose
operating systems like Windows and Android that we use. In addition, even if such a system is built, not many
companies have global maintenance capabilities or know-how in integrated management operations.
2. Problems of Global facility Operators 183. THE9’s solution to problem
(Approach to problem solving)
1 THE9’s Approach to Problem Solving Problems
THE9 seeks to solve existing issues as follows :
Increase of fixed cost
Diversification of
inflow channel Business
Operator
Various problems of use
Operating
system
device Problems abroad
User/Customer
System cost burden
Proven system Business
Increase of fixed cost
Diversification of
inflow channel Business
Operator
Various problems of use
Blockchain
system Problems abroad
User/Customer
System cost burden
Proven system Business
19 BLOCKCHAIN 9CO/T9 WHITE PAPERIncrease of fixed cost
Diversification of
inflow channel Business
Operator
Various problems of use
Blockchain
Alliance Problems abroad
User/Customer
System cost burden
Proven system Business
2 Specialized Blockchain System
1) Specialized Blockchain System
The blockchain system under construction with EXA Lab is a blockchain system only for our business structure, which
is different from the existing pan-availability blockchain system.
This was established with the aim of linkage and conversion, and the linkage means; linkages were built around the
link between primary service operators, the link between users, and the link between service providers and the user.
The purpose of the conversion is to smoothly convert various figures based on user-centered convenience among
global countries.
The conversion of figures means the conversion of mileage, national currency, national currency, and cryptocurrency
currency and the focus was on reducing costs, reducing time and switching to a convenient place of use, and easy
payment.
2) Blockchain system for various purposes of payment
The blockchain system built by the TH9 makes payment the most important key.
It is a payment system that approve and builds cryptocurrency as one of the existing means of payment, such as
conversion and integration of mileage issued by each of them, and payment through linkage between cryptocurrency
and physical currency. Not just for cryptocurrency, THE9 built the system by adding the authorization system for
cryptocurrency to the real economy.
3. THE9’s solution to problem 203 Construct Strong Alliance
1) 1) Alliance consists of the two-top system
The Alliance, which TH9 co-organizes with EXA Lab, comprises the Alliance around two pillars: Business and Support.
Business-side alignments are expanding based on the scope of the business established by the existing THE9, Alliance
in terms of support is expanding towards expanding technical support based on variety of payments and marketing
purposes that EXA Lab has established.
KIOSK SYSTEM TOUR
THE9 EXALAB LK
Manufacture / Sales / Operation/ Linkage/ Meal ticket/ Payment Travel agency work relate to
Management of tour site and tour site operation system of kiosk LVMAMA Korea
small enterprise unattended User APP/WEB Secure travel packages
payment purpose kiosk LVMAMAM related linkage system Linkage with LVMAMA
Development and operation blockchain Partnership, sales of product
technology mileage system
4 Suggestion of Solution to a Problem
1) Solving the Problems of Tourism Area Issues
(1) Strengthening the blockchain-based customer management system (Can be used for customer DB
management and marketing)
THE9 will manage and utilize the customer's DB accumulated through the business. To that end, THE9 will establish
and operate a global DB management system based on blockchain using EXA Lab's mainnet technology. A blockchain-
based global DB management system will be tailored to each country's management standards and will be a strong
alternative to risks from outside.
(2) A
dd blockchain-based payment system(Solve exchange, credit card commission, settlement period,
mileage issue)
21 BLOCKCHAIN 9CO/T9 WHITE PAPERTHE9 will provide THE9's payment system using the payment system of PayExpress, an ecosystem partner of the
company, which can be used for payment in any country. THE9's payment system will solve the problem of excessive
exchange rate and time of current exchange and foreign currency remittance and stable coins will be used to support
the smooth operation of settlement and mileage immediately.
Exchange
This blockchain-based payment system allows tourists to relieve the inconvenience and losses of currency exchange
and to use THE9's Stable Coin (TOUR9) as a settlement currency using their own currency in any country. PayExpress
pays the settlement amount in the currency of the country concerned, retrieves the TOUR9 paid by tourists, and
through this process, TOUR9 can be used as the payment currency in tourist spots or stores in the world where the
Kiosk of THE9 has entered.
In addition, tourist operators or tourist facilities without the Kiosk of THE9 can download the payment address code
after registering with the merchant to provide payment services in the same way.
Card Fees
The blockchain payment system provided by TheE9 does not require a card fee. Only 0.2% operating fee will be
incurred for the smooth operation of this system, freeing customers or merchants from existing higher fees.
Settlement Cycle
Problems with the current long-term settlement time generalized in the tourism industry and the consequent delay
in payment will also be made possible by utilizing the "escrow" of the blockchain payment system provided by THE9.
Mileage
Mileage also integrates and manages the mileages provided by local merchants and tourist destinations in each
country through the integrated mileage management service of the blockchain payment system provided by THE9
and PayExpress and tourists will use integrated mileage to pay for it or exchange it for legal currency through an
inter-user transaction through an internal exchange. This will solve the problem of lost mileage and provide various
benefits abroad through the utilization of the mileage. In addition, companies that provide mileages can enhance their
competitiveness through the operation of an integrated mileage system which is available anywhere in the world.
(3) Strengthening the Blockchain-based ticketing system (Virtual Kiosk, reduced utilization time etc.)
Unlike the existing ticket ticketing system, blockchain-based ticket ticketing system provides integrated management
of customers' travel activities such as payments, ticketing and mileage, and customers can enjoy the benefits of
ThE9, through its link to nearby stores and tourist destinations and in the case of tourist sites, peripheral facilities,
and related agencies, real-time DB verification and immediate verification, management and policies can be carried
out. Also, the Virtual Kiosk system can be applied to various types of devices, providing services through distributed
operation and personal devices to facilitate tourist or tourist convenience.
(4) Enhancement of kiosk and device
(Introduction of blockchain module, connection module with tourist facilities)
The9's business is not solely dependent on kiosks. It also supports the use of mobile devices and pre-purchases
through support of POS and entrance gate systems from 2018. These various devices will be linked through blockchain
3. THE9’s solution to problem 22modules, which will then operate the personal system through the customer's connection to mobile or personal
devices.
Through the blockchain module, it can be linked with the surrounding tourist attractions and facilities, which can be
easily applied to discount sales of linked products and various marketing and events, enabling the establishment of
new products. Through the linkage with the current transportation facilities, we anticipate the size of our customers
entering the tourist attractions in one hour later, In turn, it will form an immediate management system through links
with the surrounding areas, such as predicting the expected use of transportation facilities through the size of the
number of people leaving the tourist site.
2) Solving tourist problem
The blockchain-based system provided by THE9 offers direct benefits to tourists. The THE9's system is a form of
service for one tourist from a tourist's perspective. Basically, all services are provided through 9CO Wallet, the service
APP provided by THE9.
(1) Provide monetary profit
There are three major financial benefits to customers.
First, mileage service that can be set aside and used by domestic and foreign tourists without discrimination
Second, very cheap currency exchange service and foreign exchange remittance service which can be transferred
immediately.
Third, free and discounted services through rewards provided by the EXA Alliance ecosystem.
(2) Provide time benefit
THE9's system provides a time benefit to customers.
First, through the use of the system, the waiting time in line and the time in translation are reduced, thereby
increasing the time for individual tourism purposes.
Second, tax refunds or various waiting times for payment can be reduced to eliminate mental instability and
discomfort caused by waiting time.
3) Resolving the Tourism System
(1) Co-business with partner firms from EXA Alliance ecosystem
blockchain-based payment, loan business, mileages, remittance : EXALAB, PayExpress
THE9 has achieved the speed, precision and scalability of the service through cooperation with EXA LabExa Lab's
BLOCKCHAIN mainnet system, which enables global service, immediately enables the part of THE9 that it has been trying
to build for a long period of time, thereby shortening the schedule for full-scale business expansion by more than two
years. Also, PayExpress' global hybrid payment support solution will enable early use of THE9’s stable coin, T9.
(2) Mobility Services in Blockchain-based Tourism Area: Nature Mobility
Nature Mobility provides a powerful component of the service content of the company by providing mobility services
23 BLOCKCHAIN 9CO/T9 WHITE PAPERwith THE9, the most important means of mobility for the current tourism style where individual free travel is rapidly
increasing. In addition, Nature Mobility's services will represent a strong partnership with the THE9 through its links
to local transportation as well as automobiles in tourist destinations abroad as well as in Korea. Future developments
in the mobility sector will affect many industries, and from the perspective of THE9, which provides Kiosk and tourist
operation systems, synergy is expected to be created in areas where Kiosk is integrated into a smaller version of Kiosk,
customized for each mobility device. Because there is no need to drive in an era of self-driving cars, there is a lot of
time left in the middle of the road, and the service can be utilized through a mobility-only kiosk mounted inside the
car to solve the problems that need to be solved through kiosks. For the THE9, there will be a mobility-only kiosk in
addition to Virtual kiosk.
(3) Co-business between EXA Alliances
① Linkage of peripheral facilities in tourist destinations
The linkage title of THE9, the EXA Alliance, basically integrates miles. At the same time, the EXA Alliance is able
to cross-produce the implementation of the linked product, the system will be implemented to enable integrated
operation between EXA Alliance freely, including the purchase of integrated raw materials and operating products.
② Linkage of general consumption life.
THE9's schedule is linked to restaurants, souvenir shops and hotels near the primary tourist area as well as tourist-
related facilities, secondly, planning to connect the transportation facilities with the local commercial districts, thirdly
systemically links with tourism guides and administrative infrastructure such as police stations and hospitals are also
scheduled.
This is the strategic goal of THE9's services to provide convenience to ordinary residents as well as tourists.
4. Introduction of business
1 THE9COMPANY
1) Eight Company Alliances, Proven Technology
Starting with the CGV ticketing system 10 years ago, THE9 is a team that installed and operated various related
devices on behalf of Kiosk and established the multi-use facility operating system over the past 10 years, company
that is now composed of alliances in Asia, the United States, and parts of Europe, but will expand into 30 alliances in
the future and will proceed with the current business model, pre-Investment Fee Distribution with alliances.
The strength of the THE9 is largely divided into two parts.
First, it has strong advantages for systems and devices as a technical advantage.
Second, large-scale projects are currently underway at internal and external countries.
4. Introduction of business 242) Technical advantage
▲ Operating Device(Kiosk, Gate, Pos)
▲ Validated Operating Platforms ▲ World's First Block Type Kiosk
- TOURPASS
3) Business advantage
(1) Major Contractors in China : LVMAMA, C-TRIP
Operation status : Starting with Shanghai Zoo, the first test store in 2016, the installation and operation will begin in
March 2018, as of December 2018, it has been installed and operated at 92 tourist sites and will install and operate at
3,000 of the total 1,1200 tourist destinations.
25 BLOCKCHAIN 9CO/T9 WHITE PAPER(2) Major Contractors in Indonesia : DOKU
Operation status : In 2018, it signed a contract with 121 bus terminals in Indonesia to operate Kiosk in Ball, currently
conducting tests at one bus terminal and developing a tourist operation system in Bali.
4)Business goal
(1) Achievement of the World's Top Company in 2023
THE9's business model is a fee-sharing method after a pre-investment, which is unprecedented in the world. It is
currently starting in China, Indonesia, and Korea, With the absence of a similar operating system, it's the No. 1 player
on a small scale with few competitors but, Starting with the establishment of a global infrastructure system in 2022,
the company will be the world's No. 1 company.
•Global Operations Schedule
2021~2023
2019~2021
2021~2022
2020~2022
(2) Challenges for the Top Market of the Ordering Kiosk for the Merchants. THE9will
expand the scope of its business to 5 million points by stages, focusing on the operation sites of global traders and
multi-use facilities, will establish a wide range of systems to sports stadiums, focusing on terminals, tourist destinations
and movie theaters, which are currently multi-use facilities that have been contracted.
(3) Construct a global payment system based on blockchain
THE9's payment system is basically equipped local payment system. This is because it avoids inconvenience or
inconvenience to users. Also blockchain-based payment system will be provided to users, and the users who use
our blockchain-based payment system will be freed from the inconvenience of the existing payment system and will
provide benefits to users through various benefits and support.
Because the blockchain-based payment system provided by THE9 will be provided in an optimized form for use, all
interested parties - operators, users and related parties - will be able to secure a win-win payment system.
4. Introduction of business 26(4) Construct blockchain-based ticketing system THE9 is currently in the stabilization stage of the system that is currently provided and operated based on the tourist site operation system and the ticketing system. Development of big data and AI-related parts is under way recently, and the company plans to develop and collaborate on integrated mileage systems and blockchain payments based on blockchain from 2019. (5) Development of blockchain-based kiosks and devices (Maximum strengths, such as modularity, customizing around the world) The Kiosk of THE9 has the best technology in the world. In 2017, THE9 completed the development of a modular block type kiosk that can be applied to any environment in the world. Through this process, Kiosk was developed to apply and operate corresponding modules according to each environment and situation. Recently, Kiosk developed a module that can operate contents, making it more powerful. THE9 also applies blockchain-based technology to systems that manage position, exit, and movement of POS systems and operating facilities that can approve blockchain, and is developed for management and operation, applying blockchain technology as a base technology for its platform business that utilizes global kiosk network that it has built around the world in the future. 2 Lkorea co., Ltd. 1) Introduction of LVMAMA Founded in 2008, Lvmama is China's No. 1 travel general site and operates China's first travel reservation sales system, providing customized travel to Chinese tourists with increasing free travel, including ticket issuance and hotel reservations. Lvmama is a subsidiary of the JOYU Group, which has been named the Top 20 China Tourism Group for six consecutive years and is a leading online tour operator in China to the extent that it is in the top seven in 2019. 27 BLOCKCHAIN 9CO/T9 WHITE PAPER
2) Introduction of LKorea
LKorea co., Ltd. is the exclusive operator of the Global OTA with 250 million members and the No.1 of the Global OTA
with 250 million members. It will develop Korean tourism products for Chinese tourists who will visit Korea, provide
CS to help Chinese tourists carry out convenient tourism, and operate a Korean goods section on its product supply
homepage in Lvmama, China.
3) Lkorea’s Composition and Strategy of Major Products
ㆍK-pop Ticket sales agency
ㆍK-pop Concert
ㆍKBS Music Bank chl
ㆍThearter and Musical Cultural
ㆍExclusive
tourism
ㆍGangnam Aliance
Medical ㆍCare Insurance
tourism ㆍReasonable price
ㆍExclusive
ㆍHOTEL
ㆍTICKET
TOURIST
ㆍExclusive
ㆍDUTYFREE
ㆍPACKAGE
4. Introduction of business 283 EXA Alliance 1) Center of Blockchain RealizationEXA Alliance Exa Alliance is comprised of blockchain systems and systems that support payment methods, and community malls for marketing and consumption, and is structured through three agreements with THE9 Eco-system. First, the connection with THE9 Eco-system through the use of the blockchain system of EXA Labs Second, mutual commodity sharing and sale Third, the sharing of members 2) THE9Eco-system Alliance THE9 Eco-system Alliance is an alliance of consumer markets that is built around actual business operators. This Alliance has members and prospects as well as the business, and consists of three basics: First, the sharing of products among each company Second, the sharing of members Third, the sharing of mileage 3) Strong system based on blockchain (1) Constructing a Blockchain-based Customer Management System (Maximize utilization of Big data and Customer DB) THE9's customer management system is provided to customers through various policy, support systems and marketing programs, including checking and analyzing their usage behavior through an integrated mileage system and building and analyzing big data using the DB for their usage behavior, to ensure their benefits, benefits, convenience, and usage time. Using the customer DB, which has accumulated THE9 in the big data field, it will be possible to design and present new tourism products customarily by country, age group, gender and travel pattern, and maximize synergy among the operators participating in the TH9 Eco-system. 29 BLOCKCHAIN 9CO/T9 WHITE PAPER
Blockchain
Economic
System
BIGDATA
Alliance 1 linking
Alliance 2
based based
int ing
erl lo ck
oc er
kin int
g
linking
linking
g
kin int
r loc erl
oc
inte kin
3 4
g
Alliance linking
Alliance
based based
A.I
Economic
Platform
(2) Construct business-focused Alliance
① Category of EXA Alliance
EXA Alliance divided by 6 businesses. Of these, there's a real economy in charge Service / Produce / Tourism /
Entertainment businesses Of those there’s a support in charge System / Finance businesses Each of these six
business groups separates the sub-ecosystems in an independent area and maximizes business performance through
interconnection.
BUSINESS ALLIANCE
SERVICE SYSTEM TOUR ENTERTAIN FINANCE
FACTORY MENT
4. Introduction of business 30(3) Systems that support business
① Purpose of EXA Alliance Economic
- Revitalization of Business through Linkage
- Expanding the Market Size through Resource Sharing
- Efficiency of payment through the Economic system
- Securing funding sources through VC
② Support of EXA Alliance Economic
Strong ecosystem will be built with support from areas that are difficult to access by existing real businesses.
Also, direct funding and financing will be planned through the establishment of a combined Venture Capital (VC) in
the future.
EXCHANGE FINANCE TOUR
Payment
System
ECOSYSTEM
Mainnet SYSTEM
Platform
Blockchain
Economic ALLIANCE
System ECONOMIC
Management ENTERTAIN
system
MENT
EVALUATION FACTORY SERVICE
Montoring AGENCY
System
(4) Management Supervision System
Operating Supervisor
EXA Economic is managed through the third agency and the Operations Supervisors built around the Alliance.
Core management items are
- Enterprise timely situation management
- Reliability management of credit and performance for support
- Evaluate the company's future and future business development
- Valuation
- Sanctions for the operation of disloyalty
and Publication and disclosure of accurate three-way point-in-time data is carried out through fair management and
evaluation from outside
31 BLOCKCHAIN 9CO/T9 WHITE PAPERExternal EXA
Agency ALLIANCE
Operating Supervisor
Performance
Situation
Credit rating
Valuation
Sanctions
Alliance Protection & Protection
(5) Exa Alliance Business Functions and Participation Companies
Business Direction
of EXALAB
A.I System
Operation
EXA Platform
EXA Ecosystem
business
KIOSK
Business
MASTER Building a Global Ecosystem
CARD Bigdata System
business Operation
With KIOSK
Tourism
business
EXA Blockchain
EXA Alliance
NOW
4. Introduction of business 32EXA Alliance has been composed with 60 firms since now,
and 100 of global firms will participate by end of 2019
33 BLOCKCHAIN 9CO/T9 WHITE PAPER5. Status and plan of global expansion
1 Five-Year Installation and Operation Plan
Division 2020 2021 2022 2023 Total
Korea 600 300 300 300 1,500
China 4,000 4,000 5,000 4,000 17,000
Indonesia 700 500 1,000 500 2,700
Japan 300 200 300 300 1,100
Vietnam 300 200 200 200 900
South Europe 700 1,000 1,000 1,000 3,700
West Europe 200 500 1,000 1,000 2,700
North America 200 500 500 1,000 2,200
Arab 100 200 300 300 900
Africa - 500 500 500 1,500
South America - 300 500 1,000 1,800
Thailand - - 200 500 700
Austria - - 300 500 800
Total 7,100 8,200 11,100 11,100 37,500
5. Status and plan of global expansion 342 Korea
With a total of 1,500 installed vehicles, Korea is expected to install Gangwon Province and Jeju Island as the primary
targets in Seoul and Gyeonggi Province.
Gangwon Jeju SeoulGyeonggi ETC
2020 300 200 100
2021 300
2022 300
2023 200 100
Divison 2020 2021 2022 2023 Total
Gangwon 300 300
Jeju 200 200
SeoulㆍGyeonggi 100 300 300 200 900
ETC 100 100
Total 600 300 300 300 1,500
3 China
China currently operates 400 units in 80 tourist attractions with a goal of 17,000 units.
East West Middle South North
2020 500 1,000 2,500
2021 1,000 2,000 1,000
2022 2,000 2,000 1,000
2023 2,000 2,000
Divison 2020 2021 2022 2023 Total
East 500 500
West 2,000 2,000 4,000
Middle 1,000 2,000 2,000 5,000
South 1,000 2,000 1,000 4,000
North 2,500 1,000 3,500
Total 4,000 4,000 5,000 4,000 17,000
35 BLOCKCHAIN 9CO/T9 WHITE PAPER4 Japan
Plans to install 1,100 units in Japan and is currently operating Tokyo Tower as its first tourist destination.
Tokyo Osaka Kyushu Hokkaido
2020 300
2021 200
2022 300
2023 300
Divison 2020 2021 2022 2023 Total
Tokyo 300 300
Osaka 200 200
Kyushu 300 300
Hokkaido 300 300
Total 300 200 300 300 1,100
5 Indonesia
A total of 2,700 units will be installed in Indonesia. Currently, the bus terminal and the tourist resort in Bali are being
operated 0829_수정
on a trial basis after the contract has been completed
JA BA BO SU
2020 400 300
2021 300 200
2022 500 500
2023 500
Divison 2020 2021 2022 2023 Total
JA 400 400
BA 300 300 500 1,100
BO 200 500 700
SU 500 500
Total 700 500 1,000 500 2,700
5. Status and plan of global expansion 366 Vietnam
A total of 900 units will be installed and operated in Vietnam, and Ho Chi Minh is expected to be installed and to the
North.
Hanoi Hochiminh Danang
2020 300
2021 200
2022 100 100
2023 200
Divison 2020 2021 2022 2023 Total
Hanoi 100 200 300
Hochiminh 300 300
Danang 200 100 300
Total 300 200 200 200 900
7 North America
Planning to install 2,200 units in North America, to Canada, with the focus on the U.S.
USA W USA E USA C Canada
2020 200
2021 300 200
2022 300 200
2023 500 500
Divison 2020 2021 2022 2023 Total
USA W 200 300 500
USA E 200 300 500
USA C 200 500 700
Canada 500 500
Total 200 500 500 1,000 2,200
37 BLOCKCHAIN 9CO/T9 WHITE PAPER8 Western Europe
Western Europe will have 2,700 installations and includes Belgium, along with the Netherlands.
England Netherlands Belgium ETC
2020 200
2021 500
2022 500 300 200
2023 200 200 600
Divison 2020 2021 2022 2023 Total
England 200 500 500 1,200
Netherlands 300 200 500
Belgium 200 200 400
ETC 600 600
Total 200 500 1,000 1,000 2,700
9 South Europe
South Europe is scheduled to operate 3,700 units and will include Spain and France as well as Italy and Greece, and is
currently in talks to install them in Spanish tourist areas.
Spain Italy France Greece
2020 700
2021 500 500
2022 500 500
2023 500 500
Divison 2020 2021 2022 2023 Total
Spain 700 500 1,200
Italy 500 500 1,000
France 500 500 1,000
Greece 500 500
Total 700 1,000 1,000 1,000 3,700
5. Status and plan of global expansion 386. Token business operation plan
1 Structure Model of Token economic
1) 9CO/T9’s Structure Model of Token economic
(1) Issuing token 9CO for investment and stable coin T9 for use of payments between travel customers
and tour operators
① Name of Investment Coin : 9CO
② Name of Stable Coin: T9
(2) Purpose of issuing investment coin 9CO
For the manufacture and supply of tourist ticketing and ordering kiosks over which each country will be installed and operated.
(3) Operating Structure for Investment Token 9CO
① Base on Kiosk Profit Model: Fees per ticket and ordering kiosks managing profits
② Incentive: Of the fee revenue, pant of the profits generated after deducting depreciation costs, operating expenses
and taxes for reinstalling kiosks will be paid.
③ Incentives are generated profits and will pay by stable coin T9, It is installed by the business operator and can be
used as a payment currency when purchasing products from all the kiosks in operation.
④ It is possible to make transactions in cryptocurrency on registered exchanges and in designated currencies (cash)
of those exchanges.
⑤ Incentives paid with T9 deposit cash to be paid on settlement to designated financial institutions by the value of
incentives paid with the stay coin, and the deposit currency in USD.
Operating Structure for Investment Token 9C
9CO Holder
Purchase 9CO Exchange Operator Invest KIOSK
Incentive T9 Operating profit
Purchase Deposit(USD)
Selling on
Products from Operating
Exchange
KIOSK profit
Use Payment Change to cash Deposit profits
Purchase 9CO
Incentive
39 BLOCKCHAIN 9CO/T9 WHITE PAPER(4) Purpose of issuing Stable Coin T9
① Alternative payment currency for global tourists
② Domestic payment currency for each country in which Kiosk is installed and operated
③ Use of escrow currency setting for B2B payment between tourism operators
④ Providing a merchant mileage, issuing electronic meal ticket and electronic vouchers for private business owners,
compensating for community activities, integrating cryptocurrency transactions between Alliance and its affiliates, etc.
(5) Operating Structure of Stable Coin T9
① Incentive for kiosk investment token(or Sales of electronic vouchers and electronic meal tickets) is issued as an
initial resource and USD of the value of the issued amount is based on the deposit currency.
② As standard of 9CO’s issue value, pre-issue the stable coin T9. All sales shall be deposited at the financial institution
designated as USD. Since then, the pre-issue of T9 is maintained at twice the actual sales volume.
③ T9 is used as payment for purchases of products of all kiosks installed by the business operator.
④ T9 used for payment shall be paid for the sale of goods in cash through an agency PG that has entered into a
business agreement, and T9 Coins shall be recovered and incinerated.
⑤ Adjust the total amount of newly issued T9 coin based on the incineration amount of the final recovered T9 coin.
⑥ The reserve ratio of the Stablecoin T9 is 100%.
⑦ The revenue generated from the reserve deposit of the stable coin T9 is will be use to purchase 9CO through the
exchange. is to secure T9 with dividend income of 9CO in the future, and to manage T9's reserve ratio above 100%.
This is to compensate for the risk of unexpected losses and to be used as a starting fund for various future projects.
Operating Structure of Stable Coin T9
Buying subject Acquisition method
THE9COMPANY
THE9COMPANYKOREA 9CO Incentive
T9 Operation Foundation
Exchange personnel / Company Exchange purchase
Consolidate mileage /
9CO Holder Contracted merchant
E-meal ticket
Community operator Community activity
Alliance BANK
USD Standard / Deposit
Global KIOSK B2B
Purchase Escrow Serivce
Service/Product
T9 payment
Purchase Exchange
Exchange
PayExperss
(Hybrid PG Company)
6. Token business operation plan 40(6) T9/PayExpress payment process operating structure
① T9 holding tourist(personal customer): Payment of goods and services from all KIOSKs in operation by THE9
② PayExpress(Global hybrid PG company): Pay with cash to merchants who provides goods and services-> collect T9
-> settlement T9 with T9 operate foundation-> incinerate T9
process operating structure
Tourist KIOSK Purchase
Customer SHOP Mileage
Pay/Charge
Cash payment T9
PayExperss
T9 회수
(Hybrid PG company)
T9 settlement
THE9 operation
foundation
Incinerate T9
(7) Participating business operator
① 9CO and T9 Issuing and Operating Operators: THE9COMPANY.LTD(HONGKONG)
② Kiosk Installation and Operation Operators: THE9COMPANYKOREA.CO.LTD
③ Payment agent PG service provider: PAYEXPRESS.CO.LTD
④ Tourist operator (KOREA): LKOREA.CO.LTD⑤ Technical support: EXALAB.CO.LTD
2) 9CO/T9 Token economic cyclic logic
(1) 9CO/T9 Transaction Process
① 9CO sales revenue is invested in Kiosk.
② T9 is managed by USD at 100% reserve ratio with stable coin.
③ When tourists paying with T9 to, HybridPG’s Payexpress supports cash payment, T9 recovery, return, and cash
receipt to the payment office
④ he kiosk operating profit incentive is paid by T9..
⑤ T9 can be easily purchased through exclusive apps, dividends, and exchanges. Cash conversion can be carried out
through the exchange or designated P2P app. The foundation does not support T9's cash conversion.
41 BLOCKCHAIN 9CO/T9 WHITE PAPER⑥ After purchasing T9, tourists (including ordinary customers) can purchase and pay for goods and services through
all kiosks in operation after THE9 has been installed.
⑦ Tourists (customers) can register their travel experience reviews (product use reviews, etc.) in the community where
LKOREA is in operation and receive compensation for their reaction. At this time, compensation is paid by T9.
⑧ If the kiosk-installed store subscribes to the integrated mileage service provided by THE9, the mileage paid to the
customer will be paid by T9.
⑨ The basic currency of the electronic bill serviced by the Kiosk Order 9 for the commercial use is operated by T9, and
the basic currency of the electronic bill is automatically changed to T9 even if the purchase is made in the currency
of the country where Order 9 is installed, and sales sales are managed as deposits of T9.
(2) T9 Operation Risk Supplementary Policy
The foundation will continue to purchase 9CO through the exchange with profits such as interest generated from cash
deposited while operating the T9. The purpose of purchase is to receive and hold T9 through the 9CO, which allows
the company to hold 100% or more reserve ratios. Use additional reserves to deal with potential loss incidents. It is
also used as a basic fund for various future projects.
•9CO/T9 Transaction Structure Lvmama web community
Model of Token economic Tourist
Tourist Tourist Tourist
T9
T9
T T9 T9
9
Tourist T9
Tourist T9 Tourist
9CO Compensation
for registered members of tourism experience
Invest
Purchase T9
Sale Tour site
Kiosk
Usage of
T9
Tourist
Cryptocurr paym ent
ency
Exchange Reward Merchant SHOP
MileageT
Order9 kiosk
T9
MileageT
Purchase T9
T9
Mileage
T9
Purchase/ Mileage
T9
Reward/ Mileage
T9
Mileage
pay
T9 collection T9 colleaction
T9
Payment Cash after Foundation
settlement
Cash pre Bank
T9 100%
settlement Cash deposit
6. Token business operation plan 429CO/T9 Token economic Project Related Structure: Goal
THE9COMPANY(HK) 9CO/T9 Operation Foundation
THE9COMPANYKOREA 9CO/T9 Operation consignee
GLOBAL KIOSK tourism/Merchant services
BIG DATA Operators/individual customers
A.I 9CO/T9 purpose wallet
distribution / logistics / payment
Global Blockhain Platform
/ investment
2 Business roadmap
1) 9CO Token Sale and Development Schedule
(1) Start private sales to business alliances from July, 2019
① 9CO is going to register the exchange before the IEO and will focus on private sales for business alliance until the
official IEO matches.
② The official IEO is conducted at the time of official issuance and operation of T9.
③ Register in exchange: End of August 2019~ Early September
(2) Development schedule
① 2019 2Q Develop 9CO Token: On ERC20 base.
② 2019 3Q Complete kiosk for merchant
③ 2020 2Q Develop consolidate wallet for merchant’s kiosk and service
④ 2020 4Q Launch T9 main net : Use EXALAB’s main net technology to develop
⑤ 2021 1Q Develop and service T9/9CO/consociate purpose wallet
⑥ 2021 4Q Develop blockchain based kiosk
⑦ 2022 4Q Develop main net that utilize Develop blockchain based kiosk node
⑧ 2023 2Q Launch main net that utilize Develop blockchain based kiosk node: T9/BITCOIN
43 BLOCKCHAIN 9CO/T9 WHITE PAPER2) 9CO Issuing plan
(1) Total issuing amount 10,000,000,000 9CO
① 1 9CO issuing price: 0.1USD
② 1st issue amount: 2,000,000,000 9CO
③ Reserve: 8,000,000,000 9CO
(2) 9CO Distribution Plan
① TEAM/ADVISER: 300,000,000 9CO / 3%
② Marketing: 200,000,000 9CO /2%
③ Sales: 1,500,000,000 9CO /15%
④ Reserve: 8,000,000,000 9CO /80%
* The sale is carried out based on the market price of the reserve 9CO, The final issue price of the primary distribution volume and
the difference on the net occurrence of the difference are airdropped to the holder holding 9CO by T9 to compensate for the loss
of value. The airdrop criteria shall be stipulated in accordance with the 9CO holder's retention policy prior to issue.
(3) 9CO Sale Quantity Usage Plan
① Manufacture kiosk : 80%
② Install and supply kiosk : 15%
③ Development and pilot operation of new Kiosk model : 5%
④ The use plan of the reserve volume shall be disclosed at the time of reissuance of the white paper prior to use of
the reserve quantity.
7. Conclusion
Capital of Global Good
THE9 stands at a starting point where it can preempt opportunities for integration and joint operation of systems
in the global market by converting its global operating system accumulated over the past 10 years into a blockchain
base. THE9 will spread the system's operating countries to 20 countries in 2022 and will be reborn as the world's No.
1 system service provider, with a target of 500 million global users in 2023.
THE9 will achieve these goals early through a coalition with EXA Alliance and through EXA Lab, EXA Alliance's technical
skills and numerous partners will be involved.
THE9 will continue to pursue 'capital of good will' to re-divide the benefits of industry into places in physically
unequal circumstances in line with its founding purpose, and will incorporate new perspectives through the successful
operation of the operating system.
7. conclusion 448. THE9COMPANY / THE9TEAM / ADVISER
1 THE9COMPANY H.K
차 승 혁 나 현 채
CHA. SEUNG HYUK RA. HYUN CHAI
Present) The9company CHAIRMAN Present) The9company CEO
Previous) Cyders Co. Vice president (listed company) Previous) Mega Web co. Global CEO
Previous) CKGroove. CEO Previous) SNP Co. CEO
김 진 선
KIM. JIN SUN
Present) The9company CFO
Previous) Mega Web Co. CEO
Previous) Tobesoft CEO(listed company)
2 “THE9” TEAM
송 영 환 刘 晨 骅
SONG. YOUNG HWAN ALAN LIU
Present) 1951 Co. CEO Present) CLTech Ltd. CEO (china)
Previous) HS Business Investment Director Previous) Shanghai Seekerkufoo Electronic Engineering Ltd.
Previous) Elim Edu co. Director Finance manager
Previous) Cyders co. China CEO
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