KUKE Music Announces Resignation of President
05 November 2024 - 8:10AM
Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE:
KUKE), a leading classical music service platform in China, today
announced that Ms. Li Sun has resigned from her position as
President of the Company with effect from July 23, 2024. Ms. Sun’s
resignation was not a result of any disagreement between Ms. Sun
and the Company on any matter relating to the Company’s operations,
accounting policies, or practices.
The Company expresses its sincere gratitude to
Ms. Sun for her valuable contribution to the Company during her
tenure.
Following Ms. Sun’s departure, Mr. He Yu, Kuke’s
Chief Executive Officer and Chairman of its board of directors,
will continue to lead the Company.
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 LimitedInvestor
RelationsEmail: ir@kuke.com
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