<SEC-DOCUMENT>0001999371-25-009049.txt : 20250714
<SEC-HEADER>0001999371-25-009049.hdr.sgml : 20250714
<ACCEPTANCE-DATETIME>20250714073120
ACCESSION NUMBER:		0001999371-25-009049
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250714
DATE AS OF CHANGE:		20250714

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Kuke Music Holding Ltd
		CENTRAL INDEX KEY:			0001809158
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EDUCATIONAL SERVICES [8200]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93573
		FILM NUMBER:		251120142

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 303 BEIJING BROADCASTING TOWER,
		STREET 2:		NO. JIA 14, JIANWAIDAJIE
		CITY:			CHAOYANG DISTRICT, BEIJING
		STATE:			F4
		ZIP:			100024
		BUSINESS PHONE:		86-10-6561-0392

	MAIL ADDRESS:	
		STREET 1:		ROOM 303 BEIJING BROADCASTING TOWER,
		STREET 2:		NO. JIA 14, JIANWAIDAJIE
		CITY:			CHAOYANG DISTRICT, BEIJING
		STATE:			F4
		ZIP:			100024

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Atlantis Investment Management (Hong Kong) Ltd
		CENTRAL INDEX KEY:			0001548246
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			K3
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 3501, THE CENTRIUM
		STREET 2:		60 WYNDHAM STREET, CENTRAL
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			N-A
		BUSINESS PHONE:		00 852 2110 6320

	MAIL ADDRESS:	
		STREET 1:		ROOM 3501, THE CENTRIUM
		STREET 2:		60 WYNDHAM STREET, CENTRAL
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			N-A
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001999371-25-003514</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Atlantis Investment Management (Hong Kong) Ltd -->
          <cik>0001548246</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>American Depositary Shares, each representing ten (10) Class A ordinary shares, par value US$0.001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001809158</issuerCik>
        <issuerName>Kuke Music Holding Ltd</issuerName>
        <issuerCusip>501229207</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>ROOM 303 BEIJING BROADCASTING TOWER,</com:street1>
          <com:street2>NO. JIA 14, JIANWAIDAJIE</com:street2>
          <com:city>CHAOYANG DISTRICT, BEIJING</com:city>
          <com:stateOrCountry>F4</com:stateOrCountry>
          <com:zipCode>100024</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Atlantis Investment Management Limited</reportingPersonName>
      <citizenshipOrOrganization>K3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6300000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6300000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6300000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.3</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Atlantis Capital Group Holdings Limited</reportingPersonName>
      <citizenshipOrOrganization>K3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6300000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6300000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6300000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.3</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Yang Liu</reportingPersonName>
      <citizenshipOrOrganization>K3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6300000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6300000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6300000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.3</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Syzygy Stable Multi-Asset Strategy SP</reportingPersonName>
      <citizenshipOrOrganization>E9</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>2000000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>2000000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2000000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0.7</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Atlantis New Hong Kong Equity Fund Limited</reportingPersonName>
      <citizenshipOrOrganization>E9</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>2200000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>2200000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2200000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0.8</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Riverwood Multi-Growth Fund</reportingPersonName>
      <citizenshipOrOrganization>E9</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>2100000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>2100000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2100000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0.8</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Kuke Music Holding Ltd</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>25-1, Beijing Music Industrial Park, Heizhuanghu Road, Chaoyang District, Beijing, People's Republic of China</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Atlantis Investment Management Limited ("AIM"), Atlantis Capital Group Holdings Limited ("ACG"), Yang Liu, Syzygy Stable Multi-Asset Strategy SP ("SSMS", a segregated portfolio of Syzygy Global Strategy SPC, a segregated portfolio company incorporated in the Cayman Islands), Atlantis New Hong Kong Equity Fund Limited ("ANHKEFL"), and Riverwood Multi-Growth Fund ("RMGF").

AIM is an asset manager operating in Hong Kong, and manages the investments of SSMS, ANHKEFL and RMGF. ACG is the sole shareholder of AIM, and Ms. Liu is the sole shareholder of ACG.

Each of the filing persons holds the Issuer's ADSs, each of which represents ten (10) Class A ordinary shares. The filing of this statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by the statement other than the securities actually owned by such person (if any).</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>For each of AIM, ACG, Ms Liu, SSMS, ANHKEFL and RMGF, 35/F The Centrium, 60 Wyndham Street, Central, Hong Kong SAR</principalBusinessOfficeOrResidenceAddress>
        <citizenship>For each of AIM, ACG and Ms. Liu, Hong Kong. For each of SSMS, ANHKEFL and RMGF, Cayman Islands.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>6,300,000</amountBeneficiallyOwned>
        <classPercent>2.3</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See cover page tables above. Percentage ownership based on 275,261,847 Class A ordinary shares outstanding, as set forth in the issuer's prospectus, dated June 4, 2025, filed with the SEC pursuant to Rule 424(b)(5).</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See cover page tables above.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>99.1 Joint Filing Agreement</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Atlantis Investment Management Limited</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Yang Liu</signature>
        <title>Yang Liu / Director</title>
        <date>06/30/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Atlantis Capital Group Holdings Limited</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Yang Liu</signature>
        <title>Yang Liu / Director</title>
        <date>06/30/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Yang Liu</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Yang Liu</signature>
        <title>Yang Liu</title>
        <date>06/30/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Syzygy Stable Multi-Asset Strategy SP</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Yang Liu</signature>
        <title>Yang Liu / Chief Investment Officer</title>
        <date>06/30/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Atlantis New Hong Kong Equity Fund Limited</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Yang Liu</signature>
        <title>Yang Liu / Director</title>
        <date>06/30/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Riverwood Multi-Growth Fund</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Yang Liu</signature>
        <title>Yang Liu / Director</title>
        <date>06/30/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>JOINT FILING AGREEMENT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0; font-size: 10pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="margin: 0; font-size: 10pt; text-align: center"><B>AGREEMENT</B></P>

<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-indent: 0.5in">Pursuant to Rule 13d-1-(k)(1) under the Securities Exchange Act of 1934, the
undersigned hereby agree that only one statement containing the information required by Schedule 13G is being filed, and any amendments
thereto will be filed, with respect to the ownership by each of the undersigned of securities issued by Kuke Music Holding Limited. Each
of the undersigned acknowledges that each shall be responsible for the timely filing of any required amendments, and for the completeness
and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the
information concerning the other entities or persons, except to the extent that it knows or has reason to believe that such information
is inaccurate.</P>

<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-indent: 0.5in">This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original.</P>

<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Reporting Person/Group Name as listed on Cover Page:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; font-size: 10pt; border-bottom: black 1pt solid; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Atlantis
    Investment Management Limited </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; width: 60%; text-indent: 0">Signature of Authorized Person:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 1%; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 10%; text-indent: 0">By</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; width: 29%; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">/s/
    Yang Liu </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0">Title:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Director
    </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Date:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">June
    30, 2025</FONT></TD></TR>
  </TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">

<P STYLE="margin: 0; font-size: 10pt">Reporting Person/Group Name as listed on Cover Page:</P></TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; font-size: 10pt; border-bottom: black 1pt solid; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Atlantis
    Capital Group Holdings Limited </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; width: 60%; text-indent: 0">Signature of Authorized Person:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 1%; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 10%; text-indent: 0">By</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; width: 29%; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">/s/
    Yang Liu </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0">Title:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Director
    </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;<BR STYLE="clear: both"></TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Date:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">June
    30, 2025</FONT></TD></TR>
  </TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">

<P STYLE="margin: 0; font-size: 10pt">Reporting Person/Group Name as listed on Cover Page:</P></TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; font-size: 10pt; border-bottom: black 1pt solid; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Yang
    Liu </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; width: 60%; text-indent: 0">Signature of Authorized Person:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 1%; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 10%; text-indent: 0">By</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; width: 29%; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">/s/
    &#9;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0">Title:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">&#9;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;<BR STYLE="clear: both"></TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Date:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">June
    30, 2025</FONT></TD></TR>
  </TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">

<P STYLE="margin: 0; font-size: 10pt">Reporting Person/Group Name as listed on Cover Page:</P></TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; font-size: 10pt; border-bottom: black 1pt solid; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Syzygy
    Stable Multi-Asset Strategy SP </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; width: 60%; text-indent: 0">Signature of Authorized Person:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 1%; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 10%; text-indent: 0">By</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; width: 29%; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">/s/
    Yang Liu </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0">Title:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Chief
    Investment Officer </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;<BR STYLE="clear: both"></TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Date:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">June
    30, 2025</FONT></TD></TR>
  </TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">

<P STYLE="margin: 0; font-size: 10pt">Reporting Person/Group Name as listed on Cover Page:</P></TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; font-size: 10pt; border-bottom: black 1pt solid; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Atlantis
    New Hong Kong Equity Fund Limited </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; width: 60%; text-indent: 0">Signature of Authorized Person:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 1%; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 10%; text-indent: 0">By</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; width: 29%; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">/s/
    Yang Liu </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0">Title:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Director
    </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Date:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">June
    30, 2025</FONT></TD></TR>
  </TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Reporting Person/Group Name as listed on Cover Page:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0; font-size: 10pt; border-bottom: black 1pt solid; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Riverwood
    Multi-Growth Fund </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; width: 60%; text-indent: 0">Signature of Authorized Person:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 1%; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; width: 10%; text-indent: 0">By</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; width: 29%; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">/s/
    Yang Liu </FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: top; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0">Title:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; vertical-align: bottom; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">Director
    </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0">Date:</TD>
    <TD STYLE="padding: 0; font-size: 10pt; text-indent: 0"><FONT STYLE="font-style: normal; font-variant: normal; font-weight: normal; text-transform: none; vertical-align: baseline">June
    30, 2025</FONT></TD></TR>
  </TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

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