Kuke Music Announces Receipt of Non-compliance Letter Regarding ADS Trading Price from NYSE

BEIJING, Nov. 3, 2022 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated September 29, notifying Kuke Music that it is not in compliance with the NYSE's continued listing standard with respect to minimum average share price due to the fact that the average closing price of the Company's American Depositary Shares (the "ADSs") was less than $1.00 for a consecutive 30 trading-day period. As of November 2, the 30 trading-day average price of the ADSs was $0.55.

Read more at prnewswire.com