
Core Viewpoint - Kuke Music (KUKE) experienced a stock price increase of 2.62% on August 5, reaching $2.35 per share, with a total market capitalization of $66.63 million [1] Financial Performance - As of December 31, 2024, Kuke Music reported total revenue of 68.92 million RMB, a year-on-year decrease of 35.55% [1] - The company recorded a net loss attributable to shareholders of 64.94 million RMB, which represents a year-on-year increase of 0.53% [1] Company Overview - Kuke Music Holdings Limited is an offshore holding company established in the Cayman Islands, primarily operating through its domestic entity, Beijing Kuke Music Co., Ltd [1] - Founded in 2007, Beijing Kuke is the only domestic platform focused on non-pop music copyright operations and intelligent music education services [1] - The company aims to create a user consumption platform centered around internet music services, providing a comprehensive and rich collection of legitimate audio and video resources and educational platforms for music enthusiasts and learners [1] - Kuke Music is committed to promoting the popularization of classical music in China and advancing the development of arts education in the country [1]