Kuke Music Holding Limited (KUKE)

They are a leading provider of classical music licensing, subscription and education services in China. Powered by their rich and diverse content offerings, they 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 their extensive content library and deep expertise in music education, they are also a leading smart music education service provider in China. According to Frost & Sullivan, they 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 their smart pianos, with a 20.5% and 20.4% market share, respectively, in 2019. In addition, following their acquisition of BMF in February 2020, they are one of the few companies in China with the experience and scale to organize large-scale live classical music events. With nearly twenty years of experience in the music industry, they have devoted ourselves to making classical music more accessible in China.

Industry
Educational Services

CEO	CFO
He Yu	Tony Chan

He Yu is our founder and has served as our Chief Executive Officer since our inception and Chairman of the Board since January 2018. Mr. Yu currently serves as the deputy head of the Emerging Music Community Working Committee of the Chinese Musicians Association. Mr. Yu received his musical training at the Duisburg Conservatory of Music and an executive MBA degree from the Montpellier Business School in 2020.

Tony Chan has served as our Chief Financial Officer since April 2020. Prior to joining us, Mr. Chan worked at various global investment banks, such as Credit Suisse, Standard Chartered and Rabobank, primarily responsible for initial public offerings, financing and mergers and acquisitions. With over 20 years of business, financial and investment experience, Mr. Chan holds the AICPA, CMA and CFA designations. Mr. Chan received his bachelor's degree in accounting from the Chinese University of Hong Kong in 1993 and master's degree from the University of Illinois in 1994.

Employees	Founded
108	2017

Address: Building 96 4 San Jian Fang South Block Chaoyang District, Beijing 100024 People's Republic of China

Telephone: +86-010-6561 0392

Web page: http://www.kuke.com

Expected Date	1/12/2021
Status	Priced
Exchange	NYSE
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	-

Share prices ($)

What do you think will happen with the KUKE share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

The lead left underwriter: Deutsche Bank

Over the last 12 months Since the beginning of the year

IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
1st day change  ?	.Pro
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IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
1st day change  ?	.Pro
Change for the first 3 months  ?	.Pro

Underwriters
Deutsche Bank/ Tiger Brokers/ AMTD China Securities Int'l
CO-Managers
Valuable Capital