BEIJING, April 12, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that its R&D team had developed a model building design system for 3D digital virtual imaging modeling. The system can be applied to the digital twin cloud platform to provide higher precision digital building services for smart cities, industries, and other fields.
WiMi’s system uses a point cloud modeling approach to convert point cloud data into 3D mesh by importing it into the digital environment for editing and other operations. The 3D point cloud modeling approach can provide the system rich data in multiple dimensions. Incorporating AI for deep mining and understanding, this technology can help developers capture the subtle fundamental changes of people, objects, and scenes more keenly, extract key data, learn the inner knowledge logic, and realize the perception and understanding of complex sets. Compared with traditional 3D models, 3D point cloud technology is not constrained by manual modeling surface equations and surface continuity and can restore arbitrarily complex geometric objects with high precision and convenience, presenting finer details and sharper edges. The point cloud-based 3D modeling approach can quickly build a highly realistic 3D model directly from discrete points on the surface of an object or spatial scene, thus significantly reducing the threshold of 3D content creation and improving modeling fineness and speed.
WiMi’s R&D team constructs digital twin models by combining 3D models with real-time data to describe the actual conditions of the physical world. By digitizing and perceiving real entities and elements in real-time, the model reconstructs a virtual entity in cyberspace that corresponds to them individually. From 3D model to digital twin model, WiMi’s 3D Digital modeling system enables the digital twin cloud platform to realize the technical transformation of digitization, informatization, and intelligence and complete the upgrade of data, information, and knowledge service requirements. The digital twin is a fast and effective tool in transforming various societal industries. Doing a thorough, all-around, and systematic digital twin for complex systems can put the physical sector in a wholly digital, intelligent, and informative intuitive state, thus realizing the industrial metaverse.
WiMi’s R&D team has been engaging in high-quality innovation and development of 3D modeling, continuously improving its system to adapt to various complex environments with advanced, real-time, intelligent, automated, and low-cost 3D modeling capabilities. WiMi intends to build a more robust digital twin platform with data-driven, model-driven, and knowledge-driven synergy for comprehensive perception, accurate diagnosis, and reliable prediction.
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.
