Company Announcements

Beijing, Sept. 11, 2024 (GLOBE NEWSWIRE) -- KUKE MUSIC HOLDING LIMITED(NYSE:KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, recently announced that its newly developed "KUKE Music for Cars" app is now in its final testing phase and is expected to complete testing by the end of September. This innovative in-car music application aims to deliver a smarter and more personalized music experience for users.

Specifically designed for in-car use, "KUKE Music for Cars" offers intelligent playlist recommendations, a user-friendly payment system, and music services tailored to various driving scenarios. The app not only suggests music based on driving conditions and user habits but also integrates KUKE's cutting-edge AI composition technology. This AI feature, which has shown significant progress in development, will soon be able to create custom music tracks on demand, tailored to specific real-time driving scenarios, truly offering a "music on demand" experience.

Additionally, KUKE Music remains committed to driving innovation through the fusion of digital music and artificial intelligence. Continued advancements in AI composition will further enhance the "KUKE Music for Cars" app, creating an even more intelligent and user-friendly in-car music service. As AI technology continues to evolve and user needs become more diverse, "KUKE Music for Cars" is poised to become a key component of intelligent cabin systems in the future.

Senior Management Views:

The CEO of KUKE Music stated, "We’re excited to introduce 'KUKE Music for Cars' to consumers soon. In-car music has always been a vital part of the digital music market, and we believe this app will not only enhance the user music experience for drivers and passengers but also bring new life to the music industry through advanced AI composition technology."

About Kuke Music Holding Limited (NYSE: KUKE)

Kuke is a leading classical music service platform in China encompassing 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, the foundation of Kuke's extensive classical music content library is its unparalleled access to more than 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, bring fascinating music content and professional music techniques to more students, and continuously improve the efficiency and penetration of music learning in China. For more information about Kuke, please visit https://ir.kuke.com/

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.

For further information, please contact.
Kuke Music Holding Limited:
Investor Relations
Email: ir@kuke.com