Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
May 24 2024 - 4:30PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2024
Commission File Number: 001-39859
Kuke Music Holding Limited
Room 303
Beijing Broadcasting Tower,
No. Jia 14, Jianwaidajie
Chaoyang District, Beijing
People’s Republic of China
+86-010-6561 0392
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Kuke Music Holding Limited, a Cayman Islands exempted company furnishes
under the cover of Form 6-K the following press release:
Exhibits
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Kuke Music Holding Limited |
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By: |
/s/ Li Li |
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Name: |
Li Li |
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Title: |
Chief Financial Officer |
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Date: |
May 24, 2024 |
2
Exhibit 99.1
KUKE Announces Purchase Terms with Naxos One
BEIJING, May 24, 2024
(GLOBE NEWSWIRE) -- Kuke Music Holdings Limited (“Kuke” or the “Company”) (NYSE: KUKE), the leading
classical music service platform in China, is pleased to announce that on May 24, 2024, it has signed a non-binding term sheet (the
“Term Sheet”) with Naxos One Holding Limited (“Naxos One”), a limited liability company incorporated under
the laws of the British Virgin Islands. The Term Sheet contemplates that Kuke will acquire a majority stake in two of the controlled
subsidiaries of Naxos One, Angelina Assets Limited and HNH International Limited, the holding companies of the Naxos Music Group, a
world-leading classical music brand and one of the largest distributors of independent classical record labels in the world (the
“Naxos Group”). A director of Kuke is the controlling shareholder of Naxos One.
The closing of the acquisition
will be subject to entering into definitive agreements and the satisfaction of customary conditions, including Kuke’s satisfaction
with its due diligence regarding Naxos Group, and there is no assurance such transaction will be completed.
About Kuke Music Holding Limited
Kuke is a leading classical
music service platform in China encompassing the entire value chain from content provision to music learning services. 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/
Forward-looking Statements
This
announcement contains forward looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,”
“expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,”
“estimates,” “confident,” “potential,” “continue” or other similar expressions. Statements that
are not historical facts, including but not limited to statements about Kuke’s beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially
from those contained in any forward-looking statement, including those in Kuke’s registration statements filed with the Securities
and Exchange Commission. Further information regarding these and other risks is included in Kuke’s filings with the SEC. All information
provided in this press release is as of the date of this press release, and Kuke undertakes no obligation to update any forward-looking
statement, except as required under applicable law.
For further information, please contact:
Kuke Music Holding Limited
Investor Relations
Email: ir@kuke.com
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