Kuke Music Works to Become China's Leading Smart Music Learning Product and Service Provider
Kuke Music Holding Limited (NYSE: KUKE) announced its strategic progress towards becoming China's leading smart music learning product service provider. The Company has secured contracts with over 200 public schools in China, indicating strong business momentum. Kuke aims to tap into the opportunity presented by approximately 500,000 primary and secondary schools across the country, focusing on quality music education amidst increasing governmental support and funding. The Company's Smart Music Interactive Classroom is gaining traction due to its effectiveness, while the procurement of music education products is projected to reach RMB 1 billion.
- Secured contracts with over 200 public schools, enhancing market presence.
- Focus on a large market opportunity with 500,000 schools in China.
- Strong governmental support for fine arts education and music funding.
- None.
"We developed our product over several years, working in concert with industry luminaries, teachers and students to make our products robust and effective. We also benefit from our strategic partners, such as Naxos, People's Music Publishing House and Shanghai Music Publishing House, which allows us to provide students with a wealth of unique copyright resources, digital music sheets and other visual content. Our goal is to create value for shareholders by building a leading market share for public school smart music learning products and services."
Kuke's Smart Music Interactive Classroom is an integrated smart music system with unique music content pared with proprietary hardware developed by KUKE for primary and secondary school students and teachers, representing a major improvement in collective lesson efficiency with large-scale digitization and technology-equipped resources. The Smart Music Interactive Classroom was designed to provide a fundamental solution to common problems associated with music teaching by managing, coordinating, and integrating various learning needs through music teaching software. The product has been highly sought after by schools given its advanced, comprehensive nature, and measurable results.
According to public statistics from edu.hc360.com, there are more than 200,000 compulsory education schools across
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Kuke is a leading classical music service platform in
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