- WiMi Hologram Cloud Inc. announced a **926% year-over-year increase in net income** for the first half of 2025.  **[1770088_20250929CN85340:0]** 
- Net income rose from **RMB 12.3 million in the first half of 2024 to RMB 126.3 million (USD 17.6 million)** in the first half of 2025.  **[1770088_20250929CN85340:0]** 
- As of June 30, 2025, the company reported **cash, cash equivalents, and short-term investments totaling RMB 3.1896 billion (USD 445.6 million)**, marking a 183% year-over-year increase.  **[1770088_20250929CN85340:0]**

WiMi Hologram Cloud Reports Significant Net Income Growth for First Half of 2025

- For the first half of 2025, total revenues decreased by **35.3%** to approximately **RMB 188.2 million** (USD **26.3 million**) compared to the same period in 2024, primarily due to declining demand for internet AR advertising.  **[1770088_0001213900-25-091971_ea025714801ex99-2_wimi.htm:0]** 
- Net income significantly increased to approximately **RMB 126.3 million** (USD **17.6 million**) for the first half of 2025, up from RMB 12.3 million in the prior year, largely driven by short-term investment income.  **[1770088_0001213900-25-091971_ea025714801ex99-2_wimi.htm:0]** **[1770088_0001213900-25-091971_ea025714801ex99-2_wimi.htm:1]**  Basic earnings per share rose to **RMB 10.32** (USD **1.44**) from RMB 0.78.  **[1770088_0001213900-25-091971_ea025714801ex99-2_wimi.htm:1]** 
- Operating expenses decreased by **22.4%** to approximately **RMB 70.6 million** (USD **9.9 million**) for the first half of 2025, mainly attributable to a reduction in research and development expenses.  **[1770088_0001213900-25-091971_ea025714801ex99-2_wimi.htm:1]** 
- On **June 30, 2025**, the Board of Directors adopted a resolution to rely on a temporary safe harbor (Rule 3a-2) to mitigate the risk of being deemed an "investment company" under the U.S. Investment Company Act of 1940 due to its substantial short-term investments.  **[1770088_0001213900-25-091971_ea025714801ex99-2_wimi.htm:3]**

WiMi Hologram Cloud Inc. Reports First Half 2025 Financial Results

- **WiMi Hologram Cloud Inc.** announced the launch of a **brand-new, efficient Quantum Random Access Memory (QRAM) technology** on **September 23, 2025**.  **[1770088_20250923CN81202:0]**  This technology is considered a significant breakthrough in quantum computer storage and is expected to drive the widespread application and development of quantum computing.  **[1770088_20250923CN81202:0]** 
- The new QRAM offers **storage efficiency and capacity far beyond traditional classical RAM**, enabling more efficient storage of both classical and quantum information.  **[1770088_20250923CN81202:0]**  It allows for **access to any location in memory with O(1) time complexity**, meaning constant-time access regardless of memory size, which greatly enhances overall computational efficiency.  **[1770088_20250923CN81202:0]** 
- This QRAM technology can store both **classical data and quantum data (qubits)**, supports access to known and unknown quantum states without destroying quantum state superposition, and incorporates a **quantum error correction mechanism** to enhance reliability.  **[1770088_20250923CN81202:0]** **[1770088_20250923CN81202:1]** 
- WiMi anticipates that QRAM will become an **indispensable key component in quantum computing systems**, especially for large-scale quantum computing tasks, quantum machine learning, and as a relay station in the future quantum internet.  **[1770088_20250923CN81202:1]**

WiMi Hologram Cloud (WIMI)