WiMi Hologram Cloud Builds Super Intelligent Network System for 6G Holographic Smart City

BEIJING,March 6,2023 -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"),a leading global Hologram Augmented Reality ("AR") Technology provider,today announced the construction of a holographic super intelligent network system that integrates 6G and artificial intelligence technologies to promote holographic digital sensing,complete quantitative aggregation,refined control,smart execution,and integrated services in urban governance.

The system provides a solid data foundation for artificial intelligence processing and analysis by collecting massive amounts of data generated by terminals and high-performance data transmission through 6G high-speed,dedicated information channels. The system utilizes artificial intelligence technology to sense more multi-dimensional and comprehensive data and enhance the speed of data transmission and processing. The system can improve city management and services across the board through remote data interaction. The system can collect multi-source and multi-dimensional data,such as urban traffic and public safety. It enables intelligent real-time monitoring and analysis,deployment of urban resources,early warning of abnormal conditions,and holographic digital management of the natural and urban environment. It can also collect information from the periphery of the vehicle and other vehicles to obtain massive amounts of data and provide autonomous driving services after intelligent vehicle analysis and decision-making. The super intelligent network system thus allows the AI to think quickly and smartly.

The system builds a super intelligent unified digital twin city model. It applies forward 3D modeling,3D tilt photography,and point cloud holographic scanning to improve CIM spatial holographic information of roads and underground pipeline networks and BIM of important buildings. With database construction and IoT technology combined,the system can realize the organic integration of various types of urban spatial holographic information,build a full-factor,high-precision,fine-grained digital city holographic multi-dimensional map,and realize real-time quantitative analysis,prediction and early warning,and holographic dynamic display of the region's comprehensive overview,project construction,comprehensive social governance,government services,emergency management,and other region-wide operational status. The system can form a holographic urban digital twin board that can be perceived in real time through analysis and processing of images,videos,events,and other data,including data aggregation,analysis and mining,scene governance,cleaning,unified coding,and spatiotemporal model matching.

The system is also based on OpenStack/Kubernetes and other open-source frameworks that can be used directly for in-depth optimization,development,and construction. It provides open and standard protocol interfaces to encourage secondary development by users,building a sustainable urban holographic digital ecology and forming a full-stack,full-service service capability around IaaS,PaaS,DaaS,and SaaS,with super intelligent integrated service capabilities that are easy to manage,operate and maintain.

WiMi believes that a city's healthy and stable operation depends not only on the system itself but also on a series of urban management activities and decisions that need to be supported by a large amount of data. The infrastructure data,public sentiment data,public safety data,government effectiveness data,resource coordination,and economic monitoring data generated in the operation of the city are scattered all over the place,and a large amount of data resources have been accumulated with the development of intelligent information technology. Therefore,WiMi will continue to promote the further development of holographic intelligent cities through the combination of 6G high-speed,dedicated information channels,spatiotemporal framework-based city-level multi-source data fusion,full-stack AI intelligent collaborative response,knowledge management,and in-depth digging of massive data,global information insight and open industrial ecosystem.

About WIMI Hologram Cloud

WIMI Hologram Cloud,Inc. (NASDAQ:WIMI),whose commercial operations began in 2015,is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software,3D holographic pulse LiDAR,head-mounted light field holographic equipment,holographic semiconductor,holographic cloud software,holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application,3D holographic pulse LiDAR technology,holographic vision semiconductor technology,holographic software development,holographic AR advertising technology,holographic AR entertainment technology,holographic ARSDK payment,interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts,including statements about the Company's beliefs and expectations,are forward-looking statements. Among other things,the business outlook and quotations from management in this press release and the Company's strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K,in its annual report to shareholders,in press releases,and other written materials,and in oral statements made by its officers,directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement,including but not limited to the following: the Company's goals and strategies; the Company's future business development,financial condition,and results of operations; the expected growth of the AR holographic industry; and the Company's expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company's annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement,except as required under applicable laws.

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