BEIJING, March 21, 2022 /PRNewswire/ -- WiMi Hologram
Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading
global holographic AR application technology provider, today
announced its inclusion in the Proshares Metaverse ETF (VERS). VERS
is designed to give investors access to leading companies shaping
the next frontier of digital interactions.
ProShares' VERS ETF tracks the Solactive Metaverse Theme Index,
which relies on state-of-the-art algorithms designed to capture the
metaverse investment opportunity as it evolves. The index tracks 40
companies spanning a broad range of industries – from device makers
to data processers, as well as social media, gaming, and other
platforms that facilitate digital interaction. These companies are
placing significant stakes in this virtual ground with the hope
that its development represents the next phase of the internet.
Mr. Shuo Shi, CEO of WiMi,
commented, "We are delighted to have been selected as a core
constituent in the new ProShares' VERS ETF. Inclusion in VERS
demonstrates our evolution as a company and reflects our
competitive edge in the metaverse and holographic AR industries. As
the metaverse and associated applications continue to develop, we
are ideally situated to seize growth opportunities, improve our
metaverse product matrix, and expand our metaverse market
share."
About WIMI Hologram Cloud
WiMi Hologram Cloud, Inc. (NASDAQ: WIMI), whose commercial
operations began in 2015, 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 Statement
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 oral
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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SOURCE WiMi Hologram Cloud Inc.