WiMi Hologram Cloud Joins the Data Technological know-how Innovation Committee of China Communications Business Affiliation

BEIJING, Could 31, 2022 /PRNewswire/ — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Corporation”), a top world wide Hologram Augmented Reality (“AR”) Engineering company, nowadays declared that it had joined the Details Know-how Innovation Committee of China Communications Field Association (CCIAITIC) just after a 3-month rigorous evaluation of technical indicators. WiMi had turn into a member of the committee and attained the member device certification issued by the China Communications Field Association, which once more shown that the Company has a good capacity to interact in holographic AR and information and facts software expert services.

China Communications Sector Association (“CCIA” or the “Association”) is registered with the Ministry of Civil Affairs of the People’s Republic of China (MCA). It is guided by the Ministry of Industry and Info Technology (MIIT) in its business enterprise. It performs the position of a bridge and an assistant amongst enterprises and the governing administration, continuously encourages the technological innovation of China’s communication business, and goes out of the country. It encourages the growth of the market and will make continuous efforts to prosper the economic advancement of China’s interaction sector. The Affiliation is in the demand of MIIT. Beneath the assistance of MIIT, the Affiliation carries out field management, information exchange, organization education, international cooperation, and consulting products and services. It aims to encourage the specialized development of the marketplace, improve products quality, reinforce economic and technical cooperation in between enterprises and institutions, tighten the connections and improve the high-quality of member models and their economic positive aspects. The Association also encourages communication products and solutions to fulfill the growing demand at household and overseas to boost the competitiveness in the international market.

To endorse the improvement of China’s communications field in the area of national info know-how innovation, and to accelerate the integration and advancement of new-era information technology and its innovation, this kind of as 5G communications and metaverse, Online of Items, East Digital West Computing, blockchain, artificial intelligence, the establishment of CCIAITIC has been permitted by MCA and MIIT. CCIAITIC is a subsidiary corporation.

WiMi’s admittance to CCIAITIC proves its total in depth toughness. WiMi is at this time the primary holographic platform in China and has established a full holographic know-how investigation and development technique, holographic material generation and reserve system, and holographic commercialization program. The Corporation has 195 technological innovation patents connected to impression processing and display screen, model input/output, 3D modeling, and 325 application copyrights. It has developed extra than 4,600 higher-high quality, higher-fidelity holographic contents. WiMi’s Holographic XR Head-Mounted Show Unit “WiMi Hologram SoftLight”, Holographic AR Head-Mounted Screen Product “WiMi HoloAR Lens”, and its Holographic Lidar “WiMi HoloPulse LiDAR”, have all been accredited and accredited by the Federal Communications Fee to enter the U.S. market place.

In the potential, WiMi will seize this prospect to further improve and accelerate the steady innovation in 5G communication, holographic AR, metaverse, artificial intelligence, and information and facts software program improvement.

About WIMI Hologram Cloud

WiMi Hologram Cloud, Inc. (NASDAQ: WIMI), whose professional functions commenced in 2015, is a holographic cloud in depth complex alternative company that focuses on skilled regions together with holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted gentle industry holographic products, holographic semiconductor, holographic cloud program, holographic car navigation, metaverse holographic AR/VR products, metaverse holographic cloud application, and other individuals. Its companies and holographic AR technologies contain holographic AR automotive software, 3D holographic pulse LiDAR technological innovation, holographic vision semiconductor technological know-how, holographic software program enhancement, holographic AR promotion technological innovation, holographic AR enjoyment technologies, holographic ARSDK payment, interactive holographic communication, metaverse holographic AR engineering, metaverse virtual cloud company and other holographic AR technologies. For far more information and facts, remember to take a look at http://ir.wimiar.com.

Secure Harbor Statements

This push release incorporates “forward-seeking statements” in the Private Securities Litigation Reform Act of 1995. These forward-on the lookout statements can be discovered by terminology these types of as “will,””expects,””anticipates,””foreseeable future,””intends,””plans,””believes,””estimates” and similar statements. Statements that are not historic specifics, together with statements about the Firm’s beliefs and expectations, are ahead-on the lookout statements. Among other points, the enterprise outlook and quotations from management in this press launch and the Firm’s strategic and operational programs comprise forward−looking statements. The Enterprise might also make prepared or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Kinds 20−F and 6−K, in its yearly report to shareholders, in push releases, and other composed materials, and in oral statements designed by its officers, administrators or workers to 3rd get-togethers. Ahead-seeking statements include inherent hazards and uncertainties. A number of elements could induce true benefits to differ materially from those people contained in any forward−looking statement, including but not constrained to the subsequent: the Company’s plans and methods the Company’s future small business improvement, economic situation, and outcomes of functions the expected development of the AR holographic industry and the Company’s expectations about demand for and industry acceptance of its items and services.

Further more information and facts relating to these and other hazards is included in the Firm’s once-a-year report on Type 20-F and the existing report on Type 6-K and other files filed with the SEC. All facts presented in this push release is as of the date of this push release. The Company does not undertake any obligation to update any forward-wanting assertion, except as required under applicable laws.

Resource WiMi Hologram Cloud Inc.