Kuke

Enjoy Your Drive with Music

Retrieved on: 
Thursday, February 22, 2024
Kuke, Music, Cassette tape

BEIJING, Feb. 22, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, announced the Company plans to officially enter the classical music car connectivity market in the second quarter of 2024. This strategic move is accompanied by the launch of a new application designed exclusively for individual end-users, aimed at providing classical music enthusiasts with a more convenient and high-quality music experience.

Key Points: 
  • BEIJING, Feb. 22, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, announced the Company plans to officially enter the classical music car connectivity market in the second quarter of 2024.
  • Mr. Yu He, CEO of Kuke Music Holding Limited, stated, "Classical music has a vast and loyal audience.
  • By launching this car connectivity application, we aim to integrate classical music more closely into people's daily lives, whether it's short commutes or long journeys, allowing them to enjoy high-quality classical music."
  • Kuke believes that through continuous innovation and enhancing user experiences, it will further solidify its leading position in the digital music industry and bring more value to classical music enthusiasts.

Kuke Music Receives Continued Listing Standard Notice from the NYSE

Retrieved on: 
Tuesday, September 26, 2023
Section, Security (finance), Notice, NYSE, Kuke

If the Company’s plan is not submitted on a timely basis or is not accepted, the NYSE will initiate delisting proceedings.

Key Points: 
  • If the Company’s plan is not submitted on a timely basis or is not accepted, the NYSE will initiate delisting proceedings.
  • If the NYSE accepts the Company’s plan, the Company’s ADSs will continue to be listed and traded on the NYSE during the cure period, subject to the Company’s compliance with the plan and other continued listing standards.
  • The NYSE will review the Company on a quarterly basis to confirm compliance with the plan.
  • The Notice does not affect the Company’s business operations or its reporting obligations with the Securities and Exchange Commission.

KUKE MUSIC HAS ESTABLISHED A BRAND-NEW OPERATING CENTER IN WUHAN, AIMING TO OPTIMIZE COST EFFICIENCY

Retrieved on: 
Monday, June 12, 2023
Social responsibility, Transport, NYSE, Marketing, Kuke, Tourism

Beijing, June 12, 2023 (GLOBE NEWSWIRE) --  Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, announced the establishment of a new operating center in Wuhan, the capital city of Hubei Province, China.

Key Points: 
  • Beijing, June 12, 2023 (GLOBE NEWSWIRE) --  Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, announced the establishment of a new operating center in Wuhan, the capital city of Hubei Province, China.
  • Kuke Music plans to relocate its marketing and technology departments to the Wuhan operating center.
  • Additionally, Wuhan offers relatively reasonable operating costs, abundant talent resources, and high-quality educational institutions, providing Kuke Music with comprehensive resources that are economically beneficial and conducive to improving operational efficiency.
  • Mr. Yu He, CEO of Kuke Music, commented, “We are delighted to establish our new operation center in Wuhan and look forward to implementing customer-centric business operations through this initiative.

Kuke Music Regains Compliance with NYSE Continued Listing Criterion

Retrieved on: 
Monday, April 3, 2023
NYSE Listed Company Manual, Letter, NYSE, Kuke, Music

BEIJING, April 3, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, today announced that the Company has received a letter from the New York Stock Exchange (the "NYSE") dated March 28, 2023, notifying the Company that it has regained compliance with the NYSE's continued listing criterion that requires a minimum average share price of $1.00 over a consecutive 30 trading-day period as set forth in Section 802.01C of the NYSE Listed Company Manual (the "NYSE Continued Listing Criterion").

Key Points: 
  • BEIJING, April 3, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, today announced that the Company has received a letter from the New York Stock Exchange (the "NYSE") dated March 28, 2023, notifying the Company that it has regained compliance with the NYSE's continued listing criterion that requires a minimum average share price of $1.00 over a consecutive 30 trading-day period as set forth in Section 802.01C of the NYSE Listed Company Manual (the "NYSE Continued Listing Criterion").

Kuke to Acquire 49% Equity Interest in KOLO.Market, World's First Vertically Integrated Classical Music Web 3.0 Platform

Retrieved on: 
Monday, March 13, 2023
NYSE, International Federation of the Phonographic Industry, Web 3.0, Chung-Hua Institution for Economic Research, Acquisition, Economy, Growth, KOLO, ChatGPT, Self-management, Ecosystem, Music, Kuke

BEIJING, March 13, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, announced an agreement to acquire a 49% equity interest in Singapore domiciled KOLO.Market, with an option to acquire the remaining 51%.

Key Points: 
  • BEIJING, March 13, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, announced an agreement to acquire a 49% equity interest in Singapore domiciled KOLO.Market, with an option to acquire the remaining 51%.
  • KOLO.Market is the world's first vertically integrated classical music Web 3.0 platform that aims to create a well-rounded and healthy classical music ecosystem.
  • This can provide unprecedented solutions for musicians and music copyright owners, effectively promoting the development of the music industry and making it possible for individuals to invest in the music industry.
  • Therefore, introducing classical music into the Web 3.0 world can both enhance user experience and platform appeal, while also helping to build a healthier and more sustainable music ecosystem."

Sony Select Extends Agreement with Kuke Music's Naxos China

Retrieved on: 
Monday, February 27, 2023
NYSE, JV, Music, Kuke

BEIJING, Feb. 27, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with 3 million audio and video music tracks, announced that Sony Select, one of the most influential Hi-Res music services, has extended its agreement with the Company's subsidiary Naxos China (a JV company between Kuke and Naxos), giving music enthusiasts and audiophiles instant access to the professional high-res classical music catalogues.

Key Points: 
  • BEIJING, Feb. 27, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with 3 million audio and video music tracks, announced that Sony Select, one of the most influential Hi-Res music services, has extended its agreement with the Company's subsidiary Naxos China (a JV company between Kuke and Naxos), giving music enthusiasts and audiophiles instant access to the professional high-res classical music catalogues.
  • Under the agreement, Naxos China will continue licensing its extensive library of high-resolution (high-res) classical music catalogue to Sony Select, providing its users with an immersive and superior listening experience.
  • He Yu, Chief Executive Officer of Kuke Music Holding Limited, commented, "We are pleased to continue our agreement with Sony Select, one of our long-term and most important licensing clients.
  • In addition, as Sony Select continues to expand its popular high-res music app in new online and offline usage scenarios, it can generate incremental revenue for Sony Select as well as its content providers, Naxos China included."

Kuke Music Works to Become China's Leading Smart Music Learning Product and Service Provider

Retrieved on: 
Friday, February 10, 2023
Attention, Music, NYSE, Education, RMB, Ministry, School, Student, International Bluegrass Music Museum, Learning, Country Music Hall of Fame and Museum, Kuke, Mobile phone

BEIJING, Feb. 10, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with 3 million audio and video music tracks, announced the Company's continuing progress in its strategy of becoming China's leading smart music learning product service provider.

Key Points: 
  • BEIJING, Feb. 10, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with 3 million audio and video music tracks, announced the Company's continuing progress in its strategy of becoming China's leading smart music learning product service provider.
  • The Company has already secured contracts with more than 200 public schools in China to provide its integrated smart music learning products and services.
  • Our goal is to create value for shareholders by building a leading market share for public school smart music learning products and services."
  • Recently, Kuke developed enhanced music education projects, known as the Music Museum, with the People's Music Publishing House, which already covers over 60% of public schools in China.

Kuke Music Launches Advanced Digital Teaching System in Collaboration with People's Music Publishing House

Retrieved on: 
Monday, January 30, 2023
Student, Kuke, Country Music Hall of Fame and Museum, School, NYSE, International Bluegrass Music Museum, Music

BEIJING, Jan. 30, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, announced the launch of an advanced digital music teaching system in collaboration with People's Music Publishing House. The highly innovative Music Museum is a comprehensive digital music teaching system, including licensed Chinese music and classical music learning content. The product will be sold through offline channels starting in March 2023 and initially targeting 200,000 schools in China.

Key Points: 
  • BEIJING, Jan. 30, 2023 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, announced the launch of an advanced digital music teaching system in collaboration with People's Music Publishing House.
  • The highly innovative Music Museum is a comprehensive digital music teaching system, including licensed Chinese music and classical music learning content.
  • Kuke Music is the only comprehensive music group in China focusing on classical music licensing, subscription and learning services.
  • Music Museum's main interface includes six dedicated modules: classroom teaching, music knowledge, teaching material, music test, knowledge expansion and masterclass.

Kuke Reports Second Quarter 2021 Unaudited Financial Results

Retrieved on: 
Wednesday, August 4, 2021
Kuke

BEIJING, Aug. 4, 2021 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading provider of classical music content, licensing, subscription, and smart music learning solutions in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Key Points: 
  • BEIJING, Aug. 4, 2021 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading provider of classical music content, licensing, subscription, and smart music learning solutions in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.
  • During the second quarter of 2021, the number of active Kukey students, namely students who attended at least one paid Kukey course during the period, was 33,000, compared to approximately5,300 in the second quarter of 2020.
  • Starting in the second quarter of 2021, the Company provided commercial performance planning and execution services to provincial symphony orchestras across China.
  • Operating loss in the second quarter of 2021 was RMB8.4 million (US$1.3million),compared to RMB9.6 million in the same period of 2020.

Kuke Announces Strategic Cooperation Agreement with People's Music Publishing House

Retrieved on: 
Friday, July 23, 2021
Kuke, Music education

BEIJING, July 23, 2021 /PRNewswire/ -- Kuke Music Holding Limited (NYSE: KUKE) ("Kuke" or the "Company"), a leading classical music content provider and AI-driven music education company in China, today announced a strategic cooperation agreement with People's Music Publishing House ("People's Music").

Key Points: 
  • BEIJING, July 23, 2021 /PRNewswire/ -- Kuke Music Holding Limited (NYSE: KUKE) ("Kuke" or the "Company"), a leading classical music content provider and AI-driven music education company in China, today announced a strategic cooperation agreement with People's Music Publishing House ("People's Music").
  • People's Music, an authoritative music publishing house in China with a leading market share, focuses on music creation, music education and professional music content publishing in China.
  • YiShan Zhao, Deputy Editor of People's Music, commented, "Our cooperation will cultivate excellent domestic musicians, connect music production with publishing, help Chinese music go international, bolster the smart music education ecosystem, and strengthen the tie between music publishing and the Internet."
  • In addition to the cooperation in musical score resources built in smart pianos, Kuke Music and People's Music will also jointly establish smart music education laboratories and music education training platforms and to facilitate the building of mainstream music communities for the promotion and sharing of music resources.