Company Announcements

Beijing, Jan. 26, 2024 (GLOBE NEWSWIRE) -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed an AI-driven real-time spatial interaction perception system for interior design. The design industry has ushered in the era of personalized design, and the co-use of AI and VR technologies provides an unprecedented opportunity.

Virtual reality (VR) technology has made remarkable progress in the past few years. Its successful application in fields such as entertainment, training and healthcare has attracted widespread attention. In the field of interior design, VR technology can provide an immersive experience that enables users to feel the three-dimensional effects of design solutions in a virtual space. The mature application of this technology provides a solid technical foundation for the development of AI-based real-time spatially aware decorative design systems.

AI provides more possibilities for personalized design, enabling designers to better understand users' preferences and needs and tailor unique design solutions for them. Understanding different user preferences and needs through data analysis can be a valuable resource in interior design, and by analyzing and utilizing this information, AI technology can better support designers in their decision-making, making the design process more scientific and precise.

Through advanced AI algorithms, WiMi's AI-driven real-time spatial interaction perception system for interior design realizes the perception enhancement of the virtual environment. Users are not only able to see virtual furniture, but also perceive elements such as walls and floors in the virtual space.

In order to realize real-time spatial perception, the WiMi's real-time spatial interaction perception system, not only focuses on the user's head and hand movements, but also provides all-around support for the user's walking and interacting with the VR glasses and special mobile VR handles. Users are no longer restricted to a fixed position, but are able to freely roam the virtual space and feel the three-dimensional changes in space. This innovation allows users to interact more freely with virtual furniture and interior decoration, truly realizing spatial immersion. When the user is close to the trigger button, the button will be highlighted, and the user can operate through the handle to select different designs for the wall or floor. The application of this technology improves the user's perception and interactive experience of the entire virtual environment.

WiMi's AI-driven real-time spatial interaction perception system for interior design consists of a data layer, business logic layer, representation layer, system function realization module, technical support and scalability.

Data layer: In the data layer, rich user information is assembled, including historical design preferences, color preferences, and furniture selection records. These data form the basis for AI algorithm training, enabling the system to provide personalized, deep learning-supported design suggestions for each user. Meanwhile, the decorative elements database contains detailed information on all types of design elements, from furniture to decorations, providing users with a basis for diverse choices. The spatial structure data describes the structural information of the virtual space, ensuring that the interaction between the design elements and the space has a sense of reality.

Business logic layer: AI-driven business logic analyzes user preference data through deep learning and machine learning algorithms to provide users with personalized design suggestions. This layer is responsible for managing the user's walking and interaction in the virtual space, realizing virtual roaming and real-time immersion through head rotation and handle operation. The user interaction logic ensures a smooth and natural interaction experience between the user and the system, and improves the user's sense of engagement.

Representation layer: The user interface provides an intuitive and friendly virtual interface, which presents the virtual space design effects in real-time, including furniture, color and light and shadow. The virtual roaming interface is based on VR technology, which enables the user to put his whole body into the virtual space, displaying the user's current position and the three-dimensional effect of virtual elements. The visual sofa selection interface displays sofas of different styles and colors, supports real-time user selection and replacement, and provides detailed information to help users make informed design choices.

System function realization module: The loading interface module is responsible for quickly loading various elements of the virtual space to ensure smooth operation when the system starts. The virtual tour module manages the user's movement in the virtual space, controlled by a special mobile VR handle, while the VR interaction module handles the user's interaction in the VR environment, ensuring that the user is able to easily select furniture, adjust the perspective, etc. The VR interaction module is also responsible for the user's interaction with the VR system.

Technical support and scalability: The technical support module provides technical support and troubleshooting functions for the system, while regularly updating and upgrading the AI model and VR engine to adapt to the continuous development of the technology. The scalability design adopts a weakly coupled system architecture and provides API interfaces to support integration with other design tools and data platforms, which provides support for future functional expansion and upgrading of the system.

WiMi's AI-driven real-time spatial interaction perception system for interior design marks a profound change in the interior design industry. By integrating advanced AI and virtual reality technologies, the system not only provides users with a personalized and immersive design experience, but also provides designers with smarter and more efficient tools. In the future, the system will continue to innovate to meet changing market demands and technology trends.

Keys to future development include the introduction of more design elements, enhancement of the system's learning capabilities, introduction of customized features, augmented reality technology, implementation of intelligent assistants and voice interactions, enhancement of data security and privacy protection, as well as continuous technology updates and user feedback. These innovations will make the system more flexible and intelligent, which will not only meet users' rising expectations for personalized design, but also drive the entire interior design industry towards digitalization and intelligence. Through these efforts, WiMi's AI-driven real-time spatial interaction perception system for interior design is expected to become a leader in the field of interior design, leading the industry to meet the new challenges and opportunities of the digital era.

About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) 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 Statements
This press release contains "forward-looking statements" within 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 and 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 US 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. Several 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 the 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. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

Contacts
WIMI Hologram Cloud Inc.
Email: pr@wimiar.com
TEL: 010-53384913

ICR, LLC
Robin Yang
Tel: +1 (646) 975-9495
Email: wimi@icrinc.com