Kuke Music Holding Limited (“Kuke”) is the leading provider of classical music licensing, subscription and smart education services in China. Powered by the largest library of classical music content in China as of December 31, 2019, Kuke was 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. Leveraging its rich and diverse content offerings and deep expertise in music education, Kuke also offers innovative and efficient smart music education solutions, which primarily comprise the offering of its proprietary Kuke smart pianos, Kuke smart teaching systems and Kukey courses. In addition, Kuke is the organizer of the Beijing Music Festival, one of the world’s most renowned musical events, and various other classical music events in China. Kuke three highly-synergistic business lines together form a thriving content-centric ecosystem that sets the company apart from its competitors and enables it to continuously offer differentiated value propositions to its customers.