WiMi Hologram Cloud Inc. provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products. Its holographic AR advertising software enables users to insert into video footages real or animated three dimensional objects; and online holographic AR advertising solution embeds holographic AR ads into films and shows. The company's holographic AR entertainment products consist primarily of payment middleware software, game distribution platform, and holographic mixed reality software. In addition, it engages in the provision of central processing algorithm services, and provides computer chip products to enterprise customers, as well as sells comprehensive solutions for central processing algorithms and related services with software and hardware integration. WiMi Hologram Cloud Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2020
Exchange: NASDAQ
Website: en.wimiar.com
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BEIJING, Sept. 15, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are actively exploring Scalable Quantum Convolutional Neural Networks (SQCNN) technology. Compared to existing quantum neural network models, the scalable quantum convolutional neural network model developed by WiMi demonstrates superior performance, significantly improving classification accuracy. Traditional quantum neural network models, when handling complex image classification tasks, often suffer from biases in classification results due to incomplete or inaccurate feature extraction.
BEIJING, Sept. 12, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced an in-depth study of the multidimensional pooling optimization technique in variational quantum algorithms. By introducing the Quantum Haar Transform (QHT) and quantum partial measurement, they provided a novel solution for multidimensional data pooling. The Haar transform is a classical signal processing technique used for data compression and feature extraction. The Quantum Haar Transform (QHT) is its extension within the quantum computing framework, which leverages the superposition and entanglemen
BEIJING, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Beijing, August 8, 2025 – WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a significant improvement in its operating performance, with a notable increase in cash reserves. As of August 8, 2025, the Company's total cash, cash equivalents, and short-term investments — including total cash and Bitcoin-related securities derivatives and short-term investments — reached approximately RMB 3.266 billion (equivalent to approximately USD 455 million). Among these, bank cash alone amounted to approximately RMB 1.741 billion (USD 242 million), while Bit
BEIJING, Aug. 7, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a significant improvement in its operating performance, with a notable increase in cash reserves. As of August 7, 2025, the Company's total cash, cash equivalents, and short-term investments — including total cash and Bitcoin-related securities derivatives and short-term investments — reached approximately RMB 3.266 billion (equivalent to approximately USD 455 million). Among these, bank cash alone amounted to approximately RMB 1.741 billion (USD 242 million), while Bitcoin-related securities derivativ
BEIJING, Aug. 7, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are exploring an innovative quantum machine learning algorithm designed to achieve efficient training of large-scale machine learning models by integrating quantum acceleration technology. The core idea of this algorithm is to use classical machine learning algorithms to pre-train dense neural networks, allowing for the preliminary learning of data features. Subsequently, a sparse neural network is constructed, a process that not only reduces the computational burden but also lays the foundati
Beijing, April 23, 2025 (GLOBE NEWSWIRE) -- WiMi Developed a Quantum Computing-Based Feedforward Neural Network (QFNN) Algorithm BEIJING, Apr. 23, 2025––WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, announced the development of a Quantum Computing-Based Feedforward Neural Network (QFNN) algorithm aimed at overcoming computational bottlenecks in traditional neural network training. The core innovation of this algorithm lies in efficiently approximating the inner product between vectors while utilizing Quantum Random Access Memory (QRAM) to store intermediate computational values, enabling rapid retr
Beijing, April 22, 2025 (GLOBE NEWSWIRE) -- WiMi Turned an Annual Loss into a Significant Profit, with Cash Reserves Reaching a Record High BEIJING, April 22, 2025/ - WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading hologram augmented reality ("AR") technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (the "SEC"). The company reported that its operation result made a significant turnaround, transitioning from a net loss of around RMB 510.4 million in 2023 to a net income of approximately RMB 103.3 million (USD 14.4 million) in 2024. This rem
BEIJING, April 22, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading hologram augmented reality ("AR") technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (the "SEC"). The company reported that its operation result made a significant turnaround, transitioning from a net loss of around RMB 510.4 million in 2023 to a net income of approximately RMB 103.3 million (USD 14.4 million) in 2024. This remarkable shift highlights the company's effective operation strategies and strong management. Moreover, the company had a substanti
BEIJING, March 27, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced it has increased its stake in MicroAlgo Inc (NASDAQ:MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares. As of March 27, 2025, WIMI Hologram Cloud Inc holds 40,000 Class A ordinary shares, 1,810,658 Class A ordinary shares (restricted), and 44,878,261 Class B ordinary shares (restricted) of MicroAlgo Inc. (NASDAQ:MLGO) ("MicroAlgo Inc."), representing a total equity stake of 67.65% of MicroAlgo's total shares outstanding. WIMI has no plans to sell or ot
BEIJING, Feb. 24, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading AR services provider in China, today announced that it will (i) terminate the Deposit Agreement dated March 20, 2020, among the Company, JPMorgan Chase Bank N.A. (the "Depositary"), and the holders of American depositary shares (the "ADSs") from time to time, effective April 2, 2025, and (ii) hold its extraordinary general meeting of shareholders (the "EGM") at Room#1508, 4th Building, Zhubang 2000 Business Center, No. 97, Balizhuang Xili, Chaoyang District, Beijing on March 25, 2025 at 9:00 a.m. Beijing Time. The Company's board of directors has fixed February 24, 2025, as the
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BEIJING, July 6, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it is researching an interactive driving simulation system based on VR technologies, which is a combination of 3D visual reality, information transmission, computer vision recognition, virtual world interaction, and other functions to realize physical interaction and virtual driving simulation in real-time. The system is based on rationalized virtual simulation of actual data to visualize virtual urban traffic road scenes. First, it acquires urban road traffic data. The system builds and optimizes
BEIJING, June 6, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a virtual interaction system based on gesture recognition. The system recognizes the user's body and gesture movements through a recognition device. At the same time, the system uses immersive devices to provide feedback on the processing results, which significantly enriches the interaction semantics and enhances the natural friendliness of the interaction. It has the advantages of a realistic visualization effect, a friendly interaction mode, and a suitable compatibility interaction
BEIJING, May 31, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a multi-feature fusion-based target tracking algorithm system. The system detects, extracts, identifies, and tracks human motion targets in images and video sequences. It also acquires relevant parameters of the moving object, such as position, velocity, and trajectory, and then processes them to perform higher-level tasks. There is a wide variety of human body features. Feature selection and extraction are critical issues in human motion analysis. Motion data must be acquired first t
BEIJING, May 10, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that the development of the LMVO algorithm for improving the efficiency of SLAM. WiMi's LMVO-SLAM acquires phase by directly matching feature point image blocks in an image. Unlike the traditional approach, the entire image is matched by filtering the points to be matched based on the grayscale gradient size. The key to SLAM is localization and map building.WiMi's LMVO algorithm uses discrete feature extraction with direct extraction of keyframes for localization and ensures the uniformity of feature po
BEIJING, April 27, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider focused on delivering innovative interactive holographic AR experiences to customers, and today announced the development of an endoscopy system for Complex Programmable Logic Device based on holographic imaging to promote the miniaturization of medical devices and the emergence of medical optoelectronic microsensors. WiMi's CPLD wireless endoscopy system is based on a microelectromechanical system consisting of micro sensors that sense external digital information, control actuators, signal processing, and communicat
BEIJING, April 25, 2023 /PRNewswire/––WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today disclosed a highly reliable silent speech recognition system based on multi-featured signal perception technology. The system can convert electrical signals from body or laryngeal vocal cord movements into speech through silent reading or body movement recognition. The system can decipher what a person wants to say without the user's voice command, thus enriching the human-computer interaction scenario of "machine understanding human language." Voice recognition technology is the hands-free interface mode for VR
BEIJING, April 20, 2023 /PRNewswire/––WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a method and system for human-computer interaction based on XR technology that enhances the user experience and enables the effect of changing the viewpoint at different locations. The convergence of visual interaction technologies facilitates an immersive experience that seamlessly transitions between the virtual and real worlds. The XR-based HCI method and system acquires a first-person perspective image of a user, a secondary perspective image, and a configuration method and a fusi
BEIJING, March 27, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a convolutional neural network-based image fusion algorithm system. The application of convolutional neural networks to image fusion has obvious advantages: it can improve the feature extraction and assignment aspects of image fusion and enhance the quality of fused images. Image fusion is the processing and fusion of two or more images acquired by different sensors. Image fusion can achieve complementary information between images and maximize image quality to generate content-rich
BEIJING, March 24, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider with years of investment in holographic sights 3D map construction in the field of SLAM, today announced the development of an HV-SLAM passive navigation system based on holographic sights. WiMi's HV-SLAM is passive navigation, a technological application of self-cruising positioning. HV-SLAM is crucial to the mobility and interaction capabilities of intelligent devices such as drones, as it represents the basis for such powers: knowing where you are, knowing what your surroundings are like, and thus knowing what to d
BEIJING, March 9, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of an AI chip system for holographic face recognition based on edge computing. The system places recognition, acquisition, and analysis at the terminal, effectively improving the optimization of algorithms for one hand and allowing the establishment of a private domain to protect data security for another effectively. This system can be used in some key departments and enterprises or in controlling high-end factories and the security management of industrial parks, office buildings, fla
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BEIJING, Nov. 1, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it is working on the Federal Learning on Blockchain (FLoBC), aiming to address two core challenges in the current data science field by integrating cutting-edge advances with blockchain technology and federated learning. The two challenges are data privacy protection and efficient training of large-scale machine learning models. Federated learning is a distributed machine-learning approach that allows models to be trained collaboratively without directly exchanging or centralizing raw data. This m