- WiMi Hologram Cloud Inc. (WIMI) has reaffirmed its **long-term strategic investment** in its subsidiary, MicroAlgo Inc. (MLGO), as of October 24, 2025.  **[1800392_0001829126-25-008397_microalgo_ex99-1.htm:0]** 
- WiMi's investments in MicroAlgo include convertible note agreements and a direct share purchase, as detailed below  **[1800392_0001829126-25-008397_microalgo_ex99-1.htm:0]** :

| Metric | Jan 2024 | Oct 2024 | Jun 2025 |
|---|---|---|---|
| Direct Share Purchase ($USD Millions) | **$4**  **[1800392_0001829126-25-008397_microalgo_ex99-1.htm:0]**  | N/A | N/A |
| Convertible Note Agreement ($USD Millions) | N/A | **$23**  **[1800392_0001829126-25-008397_microalgo_ex99-1.htm:0]**  | **$32.2**  **[1800392_0001829126-25-008397_microalgo_ex99-1.htm:0]**  |

- These investments have increased WiMi's stake in MicroAlgo to **61.92%**.  **[1800392_0001829126-25-008397_microalgo_ex99-1.htm:0]** 
- WiMi has committed to **10-year lock-up agreements** on all its MicroAlgo holdings, indicating no plans for sales or transfers.  **[1800392_0001829126-25-008397_microalgo_ex99-1.htm:0]**

MicroAlgo Inc. Details WiMi Hologram Cloud's Strategic Investment

- MicroAlgo Inc. announced the **completion of its previously announced share capital reduction** on **October 10, 2025**.  **[1800392_0001829126-25-008014_microalgo_6k.htm:0]** 
- The reduction, confirmed by the Grand Court of the Cayman Islands on **September 16, 2025**, involved reducing the par value of each issued share from **US$6.00 to US$0.0000001**.  **[1800392_0001829126-25-008014_microalgo_6k.htm:0]** **[1800392_0001829126-25-008014_microalgo_ex99-1.htm:1]** 
- The Company's authorized share capital was changed from **US$6,000,000,000 to US$100**.  **[1800392_0001829126-25-008014_microalgo_6k.htm:0]** **[1800392_0001829126-25-008014_microalgo_ex99-1.htm:1]** 
- The credit generated from this reduction has been transferred to a **distributable reserve account**.  **[1800392_0001829126-25-008014_microalgo_6k.htm:0]** **[1800392_0001829126-25-008014_microalgo_ex99-1.htm:1]**

MicroAlgo (MLGO)