Kuke Music Holding Limited (KUKE) Announces Strategic Cooperation Agreement with People's Music Publishing House

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"). The two parties will work together to establish the People's Music & Naxos Global Platinum Record Program of China, and the Global Resource Co-construction Plan for the National Aesthetic Education Research Music Encyclopedia Interdisciplinary Curriculum. Meanwhile, both parties will explore various cooperation opportunities utilizing the music licensing resources of both parties.

Kuke is a leading classical music content provider and technology-driven music education company in China, focused on classical music licensing, subscription and smart educational content and system development. Kuke has licensing rights from more than 900 top-tier record companies in the world, including Naxos. It has also independently developed the KUKEY smart piano, various digital music educational content, and associated SaaS education and management systems. 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."

He Yu, CEO of Kuke, commented, "We are committed to promoting and perfecting music education in China. We have high expectations for China's huge classical music market, and are excited to help professional classical music artists in China to better communicate with the world."

Joint launch of People's Music & Naxos Global Platinum Record Program of China

Based on the notion of "projecting Chinese voices and telling Chinese stories," People's Music and Kuke have established the "People's Music & Naxos Global Platinum Records Program of China," which is the first cooperative program in China between the two parties. The program selects and curates orchestral, chamber, vocal, and national orchestral music from young and middle-aged Chinese composers around the world to provide them with a broader platform to share their music via the record album format.

The two parties will jointly establish the Platinum Record Program, with People's Music acting as the primary administrative body and leveraging Kuke's overseas connections, to establish a new standard for the recording industry, make outstanding Chinese musical works known overseas and spread Chinese music culture globally. The program will also offer various related competitions, performances and other relevant activities.

The understanding of Chinese classical music in the global community is currently insufficient. Allowing Chinese local music to spread overseas in this formal manner promotes Chinese culture while protecting the copyright of musical content.

Interdisciplinary musical courses that promote wholesome education

A major bottleneck for the development of China's music industry is the lack of fundamental musical literacy. Aesthetic education has become a key area of development for quality education in schools. According to regulatory authorities, schools at all levels and types are required to provide a comprehensive range of aesthetic education courses covering music and fine arts.

Kuke and People's Music will utilize their combined advantages to establish a high-quality editorial team to launch interdisciplinary courses that enhance musical literacy. By strengthening aesthetic education for adolescents, the courses will foster independent thinking and creativity, while helping students boost their cultural literacy.

Towards the goal of building a comprehensive music education ecosystem, Kuke will utilize its KUKEY system to cooperate with People's Music to develop a series piano courses with full access to various music education content, including content from the Naxos Group content library, and establish a fundamental musical knowledge education and assessment system. Both parties are committed to sharing their complementary advantages in sheet music, audio and video content resources to achieve an organic combination of traditional books and audio-visual resources.

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.

He Yu, founder and chairman of Kuke Music, commented, "Our hope is that, through this cooperation with People's Music, we can cross borders to combine eastern and western classical music and help benefit both beginners and professional musicians. Kuke is committed to building a multi-faceted music ecosystem, promoting the further development of classical music and enhancing the quality of music education in China.

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