WiMi Hologram Cloud, One of China's Largest 5G Holographic AI Vision, Publicly Submitted IPO Application to NASDAQ

Jul 12, 2019 (AB Digital via COMTEX) — Hongkong – Jul 12, 2019 – In the process of implementing the holographic calls, 5G transmission technology will play a crucial role. It is precisely because 5G has high bandwidth, low latency, high reliability and other excellent features that we have the confidence to image the practical feasibility of holographic calls. As one of China’s largest 5G holographic AI vision, WiMi Hologram Cloud publicly submitted IPO application to NASD in the United States, making people full of longing for the future visual world.

WiMi Hologram Cloud’s holographic cloud published its IPO prospectus globally on June 27, 2019 in the United States. Its net profits exceeded 89 million yuan in 2018, making profits for two consecutive years. The IPO of WiMi Hologram Cloud was listed at NASDAQ Global Board, and as the first share of global holographic AI vision, the profit growth space has been opened. With the development of 5G holographic communication, WiMi Hologram Cloud’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

As an emerging market, the global holographic AR market has tremendous growth potential and has attracted a large amount of investment since 2016, making a great contribution to the growth of the industry. Several organizations including the R&D labs are investing heavily in this technology to develop solutions for enterprises and consumer groups. Over the years, the mobile augmented reality market has been widely applied in applications such as games, media and marketing. Its range of applications in different industries, including advertising, entertainment, education and retail, is expected to drive demand during the forecast period.

The income of WiMi Hologram Cloud mainly comes from holographic advertising and holographic entertainment. The probability of WiMi Hologram Cloud is outstanding, and the net

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