Core Viewpoint - The Schall Law Firm is investigating claims against MicroCloud Hologram Inc. for potential violations of securities laws following a significant drop in its share price due to comments made by Nvidia's CEO regarding the timeline for useful quantum computers [1][2]. Group 1: Investigation Details - The investigation is centered on whether MicroCloud made false or misleading statements or failed to disclose important information to investors [2]. - On January 8, 2025, MicroCloud's shares plummeted by 30% after Nvidia CEO Jensen Huang indicated that practical quantum computers are at least 20 years away [2]. Group 2: Shareholder Information - Shareholders who experienced losses are encouraged to participate in the investigation and can contact the Schall Law Firm for a free discussion about their rights [3].

SHENZHEN, China, Jan. 6, 2025 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO), ("HOLO" or the "Company"), today announced the launch of a brand new computational paradigm — Digital Simulated Quantum Computing (DAQC). This paradigm cleverly combines the flexibility of digital quantum computing with the robustness of simulated quantum simulation, paving new paths for the development of quantum computing. Under this emerging paradigm, HOLO is actively exploring and has proposed an efficient digital sim ...

SHENZHEN, China, Dec. 30, 2024 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO), (the "Company"), based on their in-depth research and continuous innovation in quantum technology, they have pioneered an advanced technological solution: using a fast adiabatic driving protocol to achieve coherent control of two heavy hole spin qubits in a double quantum dot (QD) system. In traditional quantum experimental protocols, conventional methods such as linear ramps, π-pulses, or Landau-Zener channels have cont ...

GIBRALTAR and AMSTERDAM, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Hivello, a platform dedicated to aggregating DePIN (Decentralized Physical Infrastructure Networks) projects, is partnering up with Holo, a peer-powered cloud infrastructure provider to accelerate the distributed web. Hivello empowers users to participate in multiple DePIN networks effortlessly by connecting their computer hardware to revenue generating DePIN networks. The platform removes the complexity traditionally associated with decentralized ...

Exhibit 99.1 MICROCLOUD HOLOGRAM INC. AND SUBSIDIARIES UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------|-----------------------|-----------------------| | | December 31, 2023 \nRMB \n(Audited) | June 30, 2024 \nRMB | June 30, 2024 \nUSD | | ASSETS | | | | ...

Group 1: Meme Stocks Overview - The article discusses the potential of certain stocks to become meme stocks, emphasizing the importance of timing purchases before they achieve meme status to benefit from potential short squeezes [2][3] - Investing in meme stocks is characterized by short-term opportunities rather than long-term company potential, indicating a high-risk investment style [3] Group 2: SunPower (SPWR) - SunPower is highlighted as a strong candidate for meme stock status, with 88.66% of its stock currently shorted, creating a high potential for a short squeeze [5] - The company, being the largest provider of residential solar energy in the U.S., has seen a significant decline in value, losing 70% over the past year, and currently trades around $3.40, making it accessible for individual investors to collectively influence its price [6] Group 3: MicroCloud Hologram (HOLO) - MicroCloud Hologram has a short interest of 68.44% and has experienced a 60% loss in value over the last six months, trading at approximately $1.50 [10] - The stock's low price and high short interest make it susceptible to market manipulation, although it is currently in a precarious financial position [11] Group 4: Children's Place (PLCE) - Children's Place is noted for its potential as a meme stock, with 61.58% of its shares shorted and a trading price around $13, despite being down 17% from its IPO price [14] - The company has the potential to attract new investors and improve its market position, making it a candidate for both short-term meme stock interest and long-term investment [14]

MicroCloud Hologram (NASDAQ:HOLO) stock is taking off on Thursday as the holographic technology services company’s shares experience strong pre-market trading this morning.That has more than 6.7 million shares of HOLO stock changing hands as of this writing. This is quickly closing in on the company’s daily average trading volume of about 9 million shares.It’s also worth mentioning that HOLO stock has a float of 5.74 million shares. This implies that MicroCloud Hologram may be seeing a short squeeze on Thur ...

MicroCloud Hologram (NASDAQ: HOLO) stock price went through a short squeeze this week after the company published its annual report. It soared by more than 21.6% on Wednesday’s regular session and continued the upside in the post-market session. This rally brought its market cap to over $15 million.MicroCloud’s rally happened in a high-volume environment. Data by Yahoo Finance shows that the volume on Wednesday stood at 13.9 million shares, up from 3.75 million on Tuesday.  MicroCloud’s results showed that ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR Date of event requiring this shell company report ________ For the transition period from ________ to ________ Commission file number 001-40519 MicroCloud Hologram Inc. (Exact name of R ...

Financial Performance - Total operating revenues decreased by 61.2% from RMB 252,146,638 in the first half of 2022 to RMB 97,914,825 in the first half of 2023[3] - Gross profit fell to RMB 49,960,116 in the first half of 2023, down 60.3% from RMB 125,770,369 in the same period of 2022[3] - Net loss attributable to Microcloud Hologram Inc. was RMB 28,671,078 for the first half of 2023, compared to a net income of RMB 36,733,613 in the first half of 2022[3] - The company reported a comprehensive loss of RMB 25,951,967 for the first half of 2023, compared to a comprehensive income of RMB 37,294,226 in the first half of 2022[3] - For the six months ending June 30, 2023, MicroCloud reported a net loss of RMB 29,020,010 (approximately USD 4,190,494), compared to a net income of RMB 36,670,583 in the same period of 2022[7] - Cash flows from operating activities showed a net outflow of RMB 16,315,431 (USD 2,355,952) for the first half of 2023, a decline from a net inflow of RMB 20,476,716 in the same period of 2022[7] Assets and Liabilities - Total current assets decreased by 10.7% from RMB 239,460,075 as of December 31, 2022, to RMB 213,796,777 as of June 30, 2023[1] - Cash and cash equivalents decreased from RMB 151,119,985 as of December 31, 2022, to RMB 136,273,128 as of June 30, 2023, a decline of 9.5%[1] - Total liabilities decreased by 3.4% from RMB 85,227,575 as of December 31, 2022, to RMB 82,083,682 as of June 30, 2023[1] - Total shareholders' equity decreased from RMB 196,602,405 as of December 31, 2022, to RMB 170,999,370 as of June 30, 2023, a decline of 13.0%[1] - As of June 30, 2023, net accounts receivable decreased to RMB 65,412,415 from RMB 80,352,463 as of December 31, 2022, reflecting a decline of approximately 18.6%[74] - The allowance for doubtful accounts increased significantly to RMB 20,534,926 as of June 30, 2023, compared to RMB 4,862,941 as of December 31, 2022, indicating a rise of approximately 321%[74] Research and Development - Research and development expenses were RMB 49,469,390 in the first half of 2023, down 34.7% from RMB 75,812,189 in the first half of 2022[3] - Research and development expenses include salaries, outsourced subcontractors, and related office expenses[56] Revenue Recognition - The Company adopted ASC Topic 606 for revenue recognition effective January 1, 2019, recognizing revenue when control of goods or services is transferred to customers[41] - The Company recognizes revenue from Holographic Technology LiDAR Products at a point in time when control is transferred, with no separate sales rebates or discounts[42] - Revenue from Holographic Technology Intelligence Vision software is recognized over time based on progress towards completion, measured by labor hours[43] Investments and Capital - The company made investments in unconsolidated entities amounting to RMB 600,000 (USD 86,640) during the first half of 2023[7] - MicroCloud's registered capital for its subsidiary Beijing Xihuiyun Technology Co., Ltd. is RMB 207,048,000 (USD 30,000,000), indicating a strong investment in its operational capabilities[14] - The Company reported a registered capital of RMB 50,000,000 (USD 7,846,707) for Shenzhen Haiyun Xinsheng Technology Co., Ltd. as of its formation on December 3, 2021[16] Shareholder Information - The weighted average number of ordinary shares decreased significantly from 132,000,000 in the first half of 2022 to 20,071,595 in the first half of 2023[3] - As of June 30, 2023, the Company had 50,812,035 shares outstanding with a par value of USD 0.0001 each[117] - The Company issued 44,554,455 ordinary shares to the former shareholders of MC at the closing of the Business Combination, with public shareholders redeeming 2,182,470 ordinary shares[116] Legal and Compliance - The Company is involved in litigation against Greenland Asset Management Corporation, seeking damages related to breaches of investment agreements and noncompliance in share registration[112] - As of June 30, 2023, the company changed its reporting currency from USD to RMB, qualifying as a foreign private issuer[23] Miscellaneous - The Company accounts for Public Warrants as equity and Private Warrants as liabilities, with changes in estimated fair value recognized as non-cash gains or losses[39] - The Company recognized a benefit of income taxes totaling RMB 993,927 (USD 143,523) for the six months ended June 30, 2023, compared to RMB 1,669,761 for the same period in 2022[11] - The Company had net operating loss carry forwards of approximately RMB 40,980,173 (USD 5,671,368) as of June 30, 2023, which will expire between 2023 and 2027[90]