BEIJING, April 3,
2023 /PRNewswire/ -- Kuke Music Holding Limited
("Kuke" or the "Company") (NYSE: KUKE), a leading classical music
service platform in China with
approximately 3 million audio and video music tracks, today
announced that the Company has received a letter from the New York
Stock Exchange (the "NYSE") dated March 28,
2023, notifying the Company that it has regained compliance
with the NYSE's continued listing criterion that requires a minimum
average share price of $1.00 over a
consecutive 30 trading-day period as set forth in Section 802.01C
of the NYSE Listed Company Manual (the "NYSE Continued Listing
Criterion").
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/
View original
content:https://www.prnewswire.com/news-releases/kuke-music-regains-compliance-with-nyse-continued-listing-criterion-301788262.html
SOURCE Kuke Music Holding Limited