Kuke Music Holding Limited announced that Mr. Hoi Tung Chan, has tendered his resignation as the chief financial officer of the Company for personal reasons, effective immediately. Mr. Xiao Ruojun, who joined the company in February 2023, will take over Mr. Chan's role and serve as the Financial Vice President of the Company. Mr. Xiao is a Chartered Professional Accountant (CPA) and has over 20 years of financial management working experience.

Mr. Xiao has worked in financial management roles at various companies, such as MCCS Group Shanghai, Glorious Property and Sichuan Tianfu Bank, etc. Mr. Xiao received an associate's degree in accounting from University of Shanghai for Science and Technology in 1996.