
Core Insights - Kuke Music (KUKE) experienced a stock price increase of 7.78%, reaching $1.94 per share, with a total market capitalization of $55.0073 million as of August 12 [1] - For the fiscal year ending December 31, 2024, Kuke Music reported total revenue of 68.921 million RMB, a year-on-year decrease of 35.55%, while the net profit attributable to shareholders was -64.943 million RMB, reflecting a slight increase of 0.53% year-on-year [1] Company Overview - Kuke Music Holdings Limited is a Cayman Islands-based holding company that operates primarily through its domestic subsidiary, Beijing Kuke Music Co., Ltd. Established in 2007, it is the only platform in China 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 array of licensed 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 enhancing the development of arts education in the country [1]