Beijing, June 14, 2024 — 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, has announced its entry into the AI music field and its integration of AI music technology into automobiles. The Company has formed a dedicated team to develop and promote AI music-related features, which will be gradually launched on KUKE’s and partners’ apps, offering users a new music experience.

Kuke’s new partner for its AI music business development is Shanghai Jidou Science and Technology Co., Ltd. (“Jidou”). On June 14, 2024, Kuke signed an “Application Market Cooperation Agreement” with Jidou. Under this agreement, Kuke will launch its AI music application in the car application store developed by Jidou. Jidou is a leading provider of intelligent and digital automotive software and services for car companies, including Audi, BMW, Porsche, Volkswagen, Toyota, Nissan, BYD, Bentley, FAW, SAIC, and GAC.

Senior Management Views:

Kuke’s senior management believes that AI technology will create new opportunities for the music industry and car networking services. The Company plans to continue investing in AI music technology, launch more innovative products and services, and enhance the user music experience.

Jidou representatives stated that this partnership will enrich the application ecosystem of their automotive cockpit software platform. By leveraging Kuke’s AI technology, they aim to offer users more intelligent and personalized music services.

This collaboration marks a significant milestone in technological innovation and user experience enhancement for both Kuke and Jidou. With the continued development and application of AI music technology, users will enjoy unprecedented musical experiences on car networking platforms.

About Kuke Music Holding Limited (NYSE: KUKE)

Kuke is a leading classical music service platform in China covering the entire value chain from content provision to music learning services, with approximately 3 million audio and video music tracks. By collaborating with its strategic global business partner Naxos, the largest independent classical music content provider in the world, Kuke has built an extensive classical music content library through its unparalleled access to over 900 top-tier labels and record companies. Leveraging its market leadership in international copyrighted classical music content, Kuke provides highly scalable classical music licensing services to various online music platforms, and classical music subscription services to over 800 universities, libraries and other institutions across China. In addition, it has hosted Beijing Music Festival (“BMF”), the most renowned music festival in China, for 24 consecutive years. Through KUKEY, the Company’s proprietary smart music learning solutions, Kuke aims to democratize music learning via technological innovation, bringing fascinating music content and professional music techniques to more students, and continuously improving the efficiency and penetration of music learning in China. For more information about Kuke, please visit 

Forward-looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue” or other similar expressions. Statements that are not historical facts, including but not limited to statements about Kuke’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including those in Kuke’s registration statement filed with the Securities and Exchange Commission. Further information regarding these and other risks is included in Kuke’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Kuke undertakes no obligation to update any forward-looking statement, except as required under applicable law.

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