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Stock impact report

Kuke Music Establishes R&D Center in Guangzhou

Kuke Music Holding Limited American Depositary Shares, each representing one Ordinary Share (KUKE) 
Company Research Source: PR Newswire
BEIJING, March 14, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, recently disclosed a strategic organizational adjustment, including the establishment of a dedicated Technical Research and Development Center in Guangzhou. This strategic initiative is designed to enhance the collaborative efforts in R&D for technological integration between Kuke and its global strategic partner, Naxos Music Group ("Naxos"). The Company aims to achieve this by offering specialized services, including product development and technical maintenance tailored for Naxos, laying a more solid foundation for future cooperation.The Guangzhou R&D center is dedicated to technical research and development, focusing on innovative technologies to support and advance various products within Naxos. This not only underscores Kuke's commitment to technological innovation but also reflects the Company's resolve to deliver a more Show less Read more
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