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Stock impact report

Co-Founders of Naxos Music Group and Classical Music Museum Limited Dispute Purported Acquisition of Naxos Music Group

Kuke Music Holding Limited American Depositary Shares, each representing one Ordinary Share (KUKE) 
Company Research Source: PR Newswire
HONG KONG, Oct. 22, 2025 /PRNewswire/ -- Klaus Heymann and Takako Nishizaki, Co-Founders of Naxos Music Group (NMG), are shareholders of the holding company of NMG, a leading producer and distributor of classical music worldwide. Naxos One Holding Limited (Naxos One) is the other shareholder of the holding company of NMG. Classical Music Museum Limited (Classical Music), a holding company focused on classical music investments, holds interests in NMG through its shareholdings in Naxos One. Today, the Co-Founders and Classical Music issued a statement disputing the validity of a purported acquisition by Kuke Music Holding Limited (NYSE: KUKE) (Kuke Music) of NMG, as described in a newsletter issued by NMG on September 30, 2025. The statement reads: "The newsletter issued by NMG on September 30, 2025 does not contain the whole truth and hence may mislead the general public. It appears that the purported acquisition comprise Show less Read more
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