WiMi Hologram Cloud Inc (WIMI)

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China's small AR giant sets up an investment company to settle in TEDA! Will invest in more than 100 holographic industry chain companies.

source
https://finance.sina.com.cn/stock/relnews/us/2021-03-30/doc-ikknscsk4812102.shtml

March 30, 2021 16:23 Northern Network

Recently, China's leading holographic augmented reality (AR) platform WiMi Hologram established an investment company in Tianjin Economic Development Zone-Tianjin Zhongzheng Daohe Investment Co., Ltd., with a registered capital of 30 million US dollars. In the next 1-2 years, more than 100 holographic industry chain companies will be invested to create a business ecosystem based on the application of holographic technology in China.

Established in 2015, WiMi Hologram is China’s leading holographic cloud integrated technology solution provider, focusing on holographic cloud services. The main products are concentrated in vehicle AR holographic HUD, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, Holographic cloud software, holographic car navigation and other professional fields, and have made major breakthroughs and leapfrog development in holographic application fields such as advertising, entertainment, education, and 5G communications. Listed on the Nasdaq Stock Exchange in the United States in April 2020.

The investment company of WiMi Hologram settled in the central business area of ??Tianjin Economic Development Zone is funded and established by an overseas listed company. It intends to continuously improve and strengthen the company's existing technology and maintain its leading position in the industry. At present, WiMi Hologram has invested in a number of upstream and downstream enterprises in the industry chain such as Cloud View Research, Haibaichuan Technology, and Qichuang Yunxi. The company plans to invest in more than 100 holographic industry chain companies through Tianjin Zhongzheng Daohe Investment Co., Ltd. within 1-2 years to create a business ecosystem based on holographic technology applications and become the creator of China's holographic ecology.