BEIJING, April 5, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the development of a real-time interactive holographic remote education management system based on 5G. The system improves the efficiency and effectiveness of remote holographic education and meets the needs of modern education. The holographic system displays the 3D reconstruction framework in real-time and integrates holographic interaction to realize remote real-time interactive communication. The technology combines holographic technology with remote education, offering a similar classroom experience.

The system generates real-time 3D images locally with 3D image reconstruction technology and uses a depth sensor to acquire and pre-process the data. The background is removed to obtain a foreground mask that contains only the object itself. After receiving the foreground mask of the captured data, a 3D point cloud is extracted. The 3D model is surfaced using the holographic algorithm technique using the point cloud data input. The generated 3D model is subsequently applied with texture mapping. After reconstructing a textured 3D model of the local object, the data, including mesh, texture, and audio, are transferred to a remote location over the network. After the real-time 3D reconstruction phase is completed, the next step is to enable 3D telepresence. The locally generated 3D model with textures is transferred to the remote location over the network and displayed at the remote site in real-time, enabling local and remote users to interact with each other via telepresence.

With the rapid spread of 5G networks, 5G technology can provide higher data transmission rates, greater bandwidth, lower latency, and more robust network security. This makes remote holographic education more stable, more real-time, and more secure to achieve. The gigabit bandwidth capability of the 5G network guarantees the “instant collection and transmission” of remote audio and video, and edge computing provides a technical guarantee for real-time processing and distribution of audio and video content. The low millisecond latency of 5G makes the interaction between local and remote more natural and smooth, and the real-time natural presentation of voice and facial expressions makes the interview interaction more immersive and in-depth for both parties. Using the 5G network, WiMi’s interactive holographic education management system can realize real-time virtual interaction, significantly improving distance education’s efficiency and quality improving distance education’s efficiency and quality. Holographic technology gives students a strong visual impact and immersive experience, enriches teachers’ classroom presentation aids, increases the interest in classroom teaching, and effectively improves students’ learning efficiency and expertise.

WiMi’s system uses a depth sensor to capture real-time 3D reconstructions and integrate them with holographic telepresence applications. Holographic projection technology is widely considered one of the most promising 3D display technologies and is expected to be more commonly used soon. With the future wave of 5G and AI-powered applications, holographic video conferencing, remote working, and home telecommunication will boast a considerable market.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (NASDAQ: WIMI) 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.