Kuke Music Holding Limited

General Information

Our mission is to amplify the impact of classical music in China.

We are a leading provider of classical music licensing, subscription and education services in China. Powered by our rich and diverse content offerings, we were the largest classical music licensing service provider and the second-largest online classical music subscription service provider in China in 2019, according to Frost & Sullivan, representing 46.6% and 13.8%, respectively, of the market share in terms of revenue. Leveraging our extensive content library and deep expertise in music education, we are also a leading smart music education service provider in China. According to Frost & Sullivan, we ranked first in smart piano wholesale revenue, with a 20.4% market share, and second in both sales revenue of smart pianos and smart piano education services and number of music students using our smart pianos, with a 20.5% and 20.4% market share, respectively, in 2019. In addition, following our acquisition of BMF in February 2020, we are one of the few companies in China with the experience and scale to organize large-scale live classical music events. With nearly 20 years of experience in the music industry, we have devoted ourselves to making classical music more accessible in China.

*Revenue and profit figures are for the year ended Dec. 31, 2019. 

(Note: Kuke Music priced its IPO of 5 million American Depositary Shares (ADS) at $10, the low end of its $10-to-$12 range, to raise $50 million. This is a New York Stock Exchange listing.) 

Employees: 108
Founded: 2002
Contact Information
Address Building 96 4 San Jian Fang South Block Chaoyang District, Beijing 100024 People's Republic of China
Phone Number +86-010-6561 0392
Web Address
View Prospectus: Kuke Music Holding Limited
Financial Information
Market Cap $325.6mil
Revenues $29.7 mil (last 12 months)
Net Income $9.99 mil (last 12 months)
IPO Profile
Symbol KUKE
Exchange NYSE
Shares (millions): 5.0
Price range $10.00 - $10.00
Est. $ Volume $50.0 mil
Manager / Joint Managers Deutsche Bank Securities/ Tiger Brokers/ AMTD/ China Securities International/ Valuable Capital
Expected To Trade: 1/12/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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