Tag: WiMi Hologram Cloud Inc.

Holography comes from the Latin vocabulary, and its meaning is: all, compound. According to the current common knowledge in mainstream technology filed, holography specifically refers to “holographic technology”, which is a technology for reproducing diffracted light emitted by objects. Holographic technology uses the principle of interference to record the light wave messages of the object, and uses the principle of diffraction to reproduce the light wave messages of the object, helping users to store all the light information of the object. Thus, the observer can observe the different positions of the object in all directions, and the stored light information records all the light distribution in the three-dimensional space. Therefore, holographic technology is also a kind of optical storage and reproduction technology.

The earliest holographic technology was discovered by Denise Gabor (1900-1979), a Hungarian physicist, who won the Nobel Prize in Physics in 1971. However, this technology was first used in electron microscopes to record and display electronic holograms. The earliest use in the field of optics was after the invention of laser technology in 1960.

The holographic recording is different from ordinary photography. An ordinary camera only records the intensity of the object’s light field. The hologram records the intensity of the reference light and the object light after interference. When it needs to be reproduced, it is only necessary to use the reference light to show the amplitude of the object light that fully characterizes the object information.

The hologram production process uses a laser. The laser beam is strictly split 1:1 by a beam splitter. One beam of light shines on the surface of the object to be photographed, and the other beam directly shines on the photosensitive film (holographic dry plate). Moreover, this light is also called the reference beam. When the object beam is reflected by the object, its reflected beam is also irradiated on the film, completing the hologram shooting process.

There are several major characteristics of holograms: 1. Omni-directional information recording. The holographic picture records the omnidirectional and comprehensive illumination information of the object, so that the object can be observed from different angles during observation. 2. Learning the whole picture from the parts. When part of the holographic picture is damaged, the whole picture of the object can still be seen from the remaining part. 3. The amount of stored information is huge, and multiple holographic photos can be recorded hierarchically on the holographic film. Moreover, they will not interfere with each other when displaying the picture.

Based on the characteristics of holograms mentioned above, the application prospects of holograms are quite broad, but it is not an easy task to collect light fields to form a hologram in the early stage of technological development. Early technical methods were either expensive, such as using the aforementioned laser to irradiate objects, or using camera arrays; or collecting information was limited and inefficient, for example, the light field acquisition systems based on a fixed turntable. After 2000, with the development of digital camera shooting technology and light field shooting technology gradually attracted the attention of researchers, the light field collection technology of the single camera came into being. Until now, the light field collection technology has truly reached the civilian level.

The common light field shooting techniques are divided into two categories: integral imaging and aperture coding imaging.

Integral imaging is achieved by adding a microlens array or a micromirror array in front of the sensor to realize the collection of images of the light field viewpoints in different directions. There are more well-known integral imaging devices, including the lens array lens launched by Adobe, the Pelican lens array camera on the mobile phone, the Lytro light field camera, the R series light field camera of Raytrix, and so on.

The shooting based on the compressed light field is to add an optical mask between the camera lens and the sensor to achieve compression encoding of the light entering the camera aperture. The more well-known equipment is the prototype of the light field camera developed by Babacan et al. They proposed to use the method of encoding mask and programmed aperture to capture light field viewpoints in different directions, which can obtain light field with high spatial resolution.

The microlens array has the advantages of low cost and small size, but its disadvantage is that the image resolution loss is serious. The coding imaging technology has the advantages of small size, no loss of resolution, but its advantages are low signal-to-noise ratio and low light field quality.

From the perspective of the development of light field cameras, encoding-based light field acquisition equipment breaks the mutual restriction between angular resolution and viewpoint image resolution. The redundant information in the light field can be removed through machine learning, and the light field can be restored from a small amount of information. In the future 4K era, the advantage of not losing resolution will be the focus of this technology.

In the near future, when light field acquisition equipment develops to a sufficiently high resolution, as well as has fast enough acquisition speed, and cheap, the light field data, as a kind of rich media data, is stored in a large amount of non-overlapping data that can be passed through a single point. The complete picture of data information will become a new data treasure house for data scientists to research and mine. In particular, unexpected achievements may be obtained in many fields, such as holographic recognition, holographic payment, holographic authentication, and so on.

Guo Songrui:
Doctor of Computer Science and Technology Engineering from Hunan University, studied mixed reality and augmented reality technology at the State Key Laboratory of Scientific Computing of the Chinese Academy of Sciences, and participated in the research and development of multiple key projects.

About WIMI Hologram Cloud Inc.
WiMi Hologram Cloud, Inc. (NASDAQ: WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks. For more information, please visit http://ir.wimiar.com/.

WIMI Hologram Cloud Inc.
Name: Tim Wong
E-mail: pr@wimiar.com
Tele: +86 10 89913328

WiMi Hologram Cloud Inc. (“WiMi” or “the Company”) (NASDAQ:WIMI) today announced that Lixin Technology Co., Ltd. (“Lixin”), a wholly-owned subsidiary of the Company, the Institute of Semiconductor Manufacturing Research of Shenzhen University and Haikou Integrated Free Trade Zone Management Committee have entered into a cooperation agreement for the establishment of the Postgraduate Training Practice Center for the promotion of innovation and development of talents.

In the future, the parties will cooperate in the training and mentoring of postgraduate students and expect to expand cooperation areas, including the joint application of national and local scientific research projects and joint construction of key laboratories, to promote scientific research, talent training and service to local community.

Lixin is a wholly-owned subsidiary of the Company, with an initial registered capital of 200 million RMB. Lixin will focus on research, development and sales of holographic vision intelligent robots and related holographic vision technology services. Lixin Technology will also leverage its parent company’s related patents and copyrights to develop semiconductor products and sell such products to customers across the broader holographic ecosystem. Lixin Technology will focus on a new upstream business in the domestic smart product market, and research, development and sales of semiconductor chips to further enhance the Company’s competitiveness.

Based in Hainan province, Lixin Technology will enjoy tax incentives and government support of the fast growing semiconductor industry, industrial and automation technologies and applications of intelligent vision and holographic vision. The Company anticipates its new subsidiary will help develop its fabless semiconductor business by integrating IC design enterprises with its extensive proprietary technologies. The investment and establishment of Lixin Technology is in line with the Company’s optimization of its supply chain management, cost reductions and competitiveness, and the Company’s ongoing efforts to bolster its innovation, design and technical capabilities.

Shenzhen University is located in Shenzhen, Guangdong Province and is a comprehensive university administered by Guangdong Province and sponsored by the Government of Shenzhen Municipality. It has received numerous honors and recognitions, such as the International Technology Cooperation Base and National Talent Training Model Innovation Experimental Area, the National College Students’ Innovative Entrepreneurial Training Program, and is a member of the CDIO Engineering Education Alliance. Shenzhen University has achieved rapid development in the fields of talent training, innovation and technology research and development, and has made many original achievements in science and technology. The establishment of the Joint Postgraduate Training Practice Center provides Lixin with the opportunity to explore potential cooperation in the fields of mechanical design, manufacturing and automation, semiconductor integrated circuits, and other academic disciplines of the Shenzhen University.

Haikou Integrated Free Trade Zone was established with the approval of the State Council. With the development of high and new technology industry and preferential policies, the Free Trade Zone drives the development of warehousing and logistics industry, promotes the development of peripheral economy and implements the strategies of functional development, system innovation, technological innovation, and has made impressive achievements. The Free Trade Zone has formed high-tech industrial clusters dominated by biopharmaceuticals, automobile manufacturing, electronic information, electromechanical and processing, and has become the development base and demonstration area of Hainan’s high-tech industry and effectively promoted the development of the surrounding economy.

The Company believes that the cooperation among the three parties will provide strong support for the sustainable development of the semiconductor industry. At the same time, the joint training of graduate students is conducive to the development of the academic disciplines and application of scientific and technological achievements of Shenzhen University, and will contribute to the development of the country in cultivating and retaining high-level industrial technical personnel.

The establishment of the Joint Postgraduate Training Practice Center explores new space for the practical teaching of relevant academic disciplines in Shenzhen University. Through in-depth cooperation, the three parties have set up a diversified platform for practice and training, creating favorable conditions for jointly cultivating outstanding scientific research talents and reserving technical force for relevant industries. It also embodies the vision shared by three parties to establish industry-university-research strategic cooperation. The Company hopes that the three parties will seize this opportunity, actively explore new cooperation models and extend cooperation to promote win-win cooperation, and to actively contribute to the development of basic software for localized information construction.

About WIMI Hologram Cloud Inc.
WiMi Hologram Cloud, Inc.(NASDAQ:WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.

Safe Harbor / Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of 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, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or spoken forward-looking statements in its periodic reports to the U.S. 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. A number of 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 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, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

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