24/7 Market News Snapshot 29 September, 2025 – WiMi Hologram Cloud Inc. Class B Ordinary Shares (NASDAQ:WIMI)
DENVER, Colo., 29 September, 2025 (www.247marketnews.com) – (NASDAQ:WIMI) are discussed in this article.
WiMi Hologram Cloud Inc. is experiencing a notable surge in its market performance, with its Class B Ordinary Shares opening today at $4.505 and reaching $5.197, representing an increase of approximately 13.47%. This upward trend follows a previous closing price of $4.580, signaling bullish market sentiment and strong investor interest, as reflected by the current trading volume of 960.88K. The significant rise in stock price may indicate positive sentiment regarding the company’s growth potential, encouraging traders to monitor key support and resistance levels to assess the sustainability of this rally.
In addition to its stock market performance, WiMi Hologram Cloud has reported substantial financial results for the first half of 2025, showcasing a remarkable 926% year-over-year increase in net income. The net income surged from RMB 12.3 million in the first half of 2024 to RMB 126.3 million (approximately USD 17.6 million) in the corresponding period of 2025. This impressive financial outcome highlights the company’s strategic focus on innovation within the rapidly evolving holographic industry.
As of June 30, 2025, WiMi’s financial position remains robust, with cash, cash equivalents, and short-term investments totaling RMB 3.1896 billion (about USD 445.6 million), a significant 183% increase from the previous year. The company’s product portfolio includes a diverse range of advanced solutions, such as holographic AR automotive HUD software, 3D holographic pulse LiDAR, and sophisticated head-mounted light field holographic equipment.
WiMi’s growth trajectory reflects its commitment to leveraging advanced technologies, positioning itself as a key player in the holographic augmented reality market. Looking ahead, the company aims to continue its growth strategy, tapping into the increasing demand for innovative holographic applications across various sectors while remaining optimistic about future expansion opportunities.