Kuke Music Holding Ltd（KUKE）資訊與事件KUKEKuke Music Holding Ltd

Kuke Music Takes Majority Stake in Naxos Music Group

Kuke Music has acquired a controlling interest in Naxos Music Group, one of the world's largest independent classical music companies. Kuke acquired on the same day a controlling interest in Naxos Music Group through two transactions involving Naxos One and Desun, one of the two existing shareholders of Naxos One. The total transaction value is approximately $106.35M, and was settled entirely through the issuance of Kuke's Class A ordinary shares as consideration. Kuke issued 652,997,260 Class A ordinary shares and 8,395,679 Class A ordinary shares to Naxos One and Desun. Each Consideration Share was valued at $0.1608. The consideration may be settled either in cash or through the issuance of Kuke's Class A ordinary shares. The Consideration Shares held by Desun are subject to a lock-up period of 24 months. Upon completion of the transactions, Kuke holds approximately 70.43% of the outstanding shares of Naxos One, which in turn controls Naxos Music Group. The transactions have been approved by Kuke's shareholders, Board of Directors and Audit Committee.

Kuke Music, People's Music Publishing House forge strategic partnership

Yu He, Chairman of Beijing KUKE Music recently held talks with Du Yongshou, President, and Zhou Qun, General Manager of People's Music Publishing House. The parties engaged in in-depth discussions on global music collaboration, promotion of young Chinese musicians, and co-building a digital music ecosystem, culminating in multiple strategic agreements. KUKE Music and People's Music Publishing House jointly announced the "Young Chinese Musicians Support Program." This initiative will provide comprehensive support to young artists. In the digital domain, KUKE Music and People's Music Publishing House will partner with platforms to explore integrated music data solutions and intelligent distribution models.

Kuke Music, GWM forge strategic partnership, globally launch 'KUKE Music'

WEY, the new energy vehicle brand under Great Wall Motor, GWM, and KUKE Music have officially signed an in-depth cooperation agreement. The two parties jointly launched the customized in-car "KUKE Music" smart application, first deployed in GWM's new intelligent NEV models. Centered on "Technology + Humanity," this collaboration integrates AI with immersive music scenarios to deliver a highly personalized driving experience.