KUKE Music Successfully Develops "KUKE Music for Cars" Version, Aims to Complete Testing by End of September

Core Insights - KUKE Music Holding Limited is launching a new app called "KUKE Music for Cars," which is currently in its final testing phase and expected to complete by the end of September 2024 [1] - The app aims to provide a personalized music experience for drivers, featuring intelligent playlist recommendations and a user-friendly payment system [2] - The integration of AI composition technology will allow the app to create custom music tracks on demand based on real-time driving scenarios [2][3] Company Overview - KUKE Music is a leading classical music service platform in China, offering approximately 3 million audio and video music tracks [1][5] - The company collaborates with Naxos, the largest independent classical music content provider, giving it access to over 900 top-tier labels and record companies [5] - KUKE provides classical music licensing services to various online platforms and subscription services to over 800 institutions across China [5] Innovation and Future Outlook - The company is committed to innovation by merging digital music with artificial intelligence, enhancing the user experience through the "KUKE Music for Cars" app [3] - The CEO expressed optimism that the app will not only improve the music experience for users but also revitalize the music industry through advanced AI technology [4]