Kuke and Jidou Join Forces in the AI Music Market

Core Viewpoint - Kuke Music Holding Limited is entering the AI music field and integrating its technology into automobiles, aiming to enhance user experience through innovative music services [1][3]. Group 1: Company Overview - Kuke is a leading classical music service platform in China, offering approximately 3 million audio and video music tracks and collaborating with Naxos, the largest independent classical music content provider [4]. - The company provides scalable classical music licensing services and subscription services to over 800 institutions across China, including universities and libraries [4]. - Kuke has hosted the Beijing Music Festival for 24 consecutive years, showcasing its commitment to promoting classical music [4]. Group 2: AI Music Development - Kuke has formed a dedicated team to develop and promote AI music-related features, which will be launched on its and partners' apps [1]. - The company signed an "Application Market Cooperation Agreement" with Shanghai Jidou Science and Technology Co., Ltd. to launch its AI music application in Jidou's car application store [2]. - This partnership aims to enrich the application ecosystem of Jidou's automotive software platform, providing users with intelligent and personalized music services [3]. Group 3: Management Insights - Kuke's senior management believes that AI technology will create new development opportunities in the music industry and car networking services [3]. - The cooperation with Jidou is seen as a significant breakthrough in technological innovation and user experience enhancement [3]. - Both companies are committed to continuous investment in AI music technology to launch innovative products and improve user experiences [3].