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MicroCloud Hologram Inc (OQ:HOLO)

Business Focus: Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 100 Park Avenue
NEW YORK NY 10017
Tel: N/A
Website: www.mcholo.com
IR: See website
Key People
Guohui Kang
Chief Executive Officer, Director
Bei Zhen
Chief Financial Officer
Guolong Qi
Chief Operating Officer
Jianbo Zhou
Chief Technology Officer
   
Business Overview
MicroCloud Hologram Inc. is engaged in providing holographic technology services. Its holographic technology services include high-precision holographic light detection and ranging (LiDAR) solutions, based on holographic technology, exclusive holographic LiDAR point cloud algorithms architecture design, holographic imaging solutions, holographic LiDAR sensor chip design and holographic vehicle intelligent vision technology to service customers that provide reliable holographic advanced driver assistance systems. It offers holographic digital twin technology services for customers and have built a proprietary holographic digital twin technology resource library. Its holographic digital twin technology resource library captures shapes and objects in three dimensional (3D) holographic form by utilizing a combination of its holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology.
Financial Overview
For the fiscal year ended 31 December 2023, MicroCloud Hologram Inc revenues decreased 58% to RMB203.5M. Net loss decreased 40% to RMB81.4M. Revenues reflect Holographic technology service segment decrease of 60% to RMB135.2M, Holographic solutions segment decrease of 56% to RMB68.3M. Lower net loss reflects Research and development expenses decrease of 76% to RMB78.7M (expense), Other income.