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Stock impact report

Kuke and Jidou Join Forces in the AI Music Market [Yahoo! Finance]

Kuke Music Holding Limited American Depositary Shares, each representing one Ordinary Share (KUKE) 
Company Research Source: Yahoo! Finance
platform in China with approximately 3 million audio and video music tracks, recently announced its entry into the AI music field and the integration of its AI music technology into automobiles. The Company has formed a professional team dedicated to developing and promoting AI music-related features, which will gradually be launched on KUKE's and partners' apps, bringing users a brand new music experience. A new partner in Kuke's business development in AI music is Shanghai Jidou Science and Technology Co., Ltd. ("Jidou”). On June 14, 2024, Kuke has signed an "Application Market Cooperation Agreement" with Jidou. According to the agreement, Kuke will launch its AI music application in the car application store developed by Jidou. Jidou is a leading provider of intelligent and digital automotive software and services for car companies, including Audi, BMW, Porsche, Volkswagen, Toyota, Nissan, BYD, Bentley, FAW, SAIC, and GAC. Senior Management Views: Kuke's senior management sta Show less Read more
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