
Core Viewpoint - WiMi Hologram Cloud (WIMI) is experiencing growth in revenue and net profit, indicating a positive financial trajectory and strong market position in the holographic cloud service industry [1][2]. Financial Performance - As of June 30, 2024, WIMI reported total revenue of 291 million RMB, representing a year-on-year increase of 9.84% [1]. - The company's net profit attributable to shareholders reached 7.66 million RMB, showing a significant year-on-year growth of 449.23% [1]. Company Overview - WIMI is a Cayman Islands-registered holding company that operates primarily through its domestic subsidiary, Beijing WiMi Hologram Cloud Technology Co., Ltd. [2]. - The company focuses on computer vision holographic cloud services and aims to become a leading and internationally influential platform in the holographic cloud industry [2]. Technological Capabilities - WIMI offers a comprehensive range of services in holographic technology, including AI synthesis, holographic visual presentation, interactive software development, AR advertising, and 5G holographic communication software [2][3]. - The company has made significant advancements in various sectors such as advertising, entertainment, education, and 5G communications, emphasizing deep research and market application in holographic 3D computer vision [3]. Strategic Vision - WIMI aims to build a strong, open service platform that bridges holographic technology applications and computer vision presentations, promoting cross-industry development [3]. - The company's vision is to become a creator of the holographic ecosystem in China [3].