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WiMi Develops a Quantum Technology-Based Random Access Memory Architecture

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BEIJING, Dec. 26, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the development of a Quantum Technology-Based Random Access Memory Architecture, known as QRAM. This architecture successfully implements fundamental logical operations such as AND, OR, NOT, and NOR gates in quantum logic gates by combining key basic operations in quantum computing, such as the CNOT gate, V gate, and V+ gate. Quantum Random Access Memory (QRAM) is a memory architecture specifically designed for quantum computing environments, with the core goal of enabling efficient reading and writing of information while maintaining the state of the quantum system. The design of QRAM is not only intended to leverage the parallel processing capabilities of quantum computing but also to utilize quantum properties such as superposition and entanglement to significantly enhance computational efficiency.

In WiMi’s QRAM architecture, the quantum CNOT gate, V gate, and V+ gate serve as the fundamental operation units. Each quantum operation is equivalent to certain logical operations in classical computing, but simultaneously leverages the properties of quantum states to achieve efficient computation.

CNOT Gate (Controlled-NOT Gate): The CNOT gate is a crucial operation in quantum computing, used to control the relationship between two quantum bits (qubits). In classical computing, this is similar to the function of an XOR gate, but in the quantum environment, it allows qubits to exist in a superposition of states, enabling the simultaneous processing of multiple states.

V Gate and V+ Gate: The V gate and V+ gate are quantum gates used to implement more complex logic. The operations of these two gates are similar to the AND and OR gates in classical computing. However, their advantage lies in the ability to process multiple potential outcomes in the quantum system simultaneously, without the need to evaluate each possibility separately.

By combining these fundamental quantum gates, basic operations in quantum logic such as AND, OR, NOT, and NOR can be successfully implemented. This provides the necessary support for designing complex quantum circuits, while being more flexible and efficient compared to classical logic gates.

One of the major advantages of the QRAM architecture is its full utilization of the properties of quantum superposition and quantum entanglement. In classical computing, memory read and write operations are linear and must be performed sequentially. However, in quantum computing, because qubits can exist in multiple states (superposition), parallel read and write operations can be performed simultaneously. This ability significantly enhances computational efficiency, especially when handling large-scale datasets or complex computational tasks.

Additionally, quantum entanglement enables the correlation between multiple qubits without the need for direct communication, further improving the speed of data transfer and computation. Memory operations with entangled qubits are much faster and more efficient than traditional memory operations, opening up new possibilities for parallel computing.

In WiMi’s QRAM architecture, the entire design logic includes several key steps and technical nodes, such as quantum state-based random access, the introduction of quantum error correction mechanisms, and seamless integration with quantum computers.

The core feature of QRAM is its ability to perform random access within a quantum system. Traditional computer RAM achieves reading and writing to memory units through address buses, data buses, and other components, whereas QRAM accomplishes this process through the states of quantum bits (qubits). By utilizing quantum superposition, multiple addresses can be accessed simultaneously in a single operation. This means that in a QRAM system, data can be accessed in parallel across multiple addresses, greatly improving the efficiency of data operations.

To achieve this, WiMi has designed a system based on CNOT gates, V gates, and V+ gates. These quantum gates allow flexible control over memory access processes while maintaining the quantum state of the system and ensuring the efficient transmission of qubits in an entangled state. Through this system, QRAM not only enables high-speed data reading and writing, but also ensures the reliability and accuracy of information processing.

Furthermore, error correction is crucial in any quantum computing system. Due to the fragile nature of qubit states, even small external disturbances can cause computational errors. Therefore, WiMi’s QRAM architecture incorporates a quantum error correction mechanism to ensure that the qubit states are accurately preserved and transmitted during data reading and writing. This includes an error correction method based on quantum entanglement, where redundant entangled qubits are introduced to detect and correct potential errors. This method not only effectively reduces the impact of external noise on the system but also ensures the stability of data during multiple read operations.

WiMi’s QRAM design is intended to seamlessly integrate with quantum computers. Since quantum computing operations depend on the superposition and entanglement states of qubits, the QRAM system demonstrates high compatibility when interfacing with a quantum processing unit (QPU). The design ensures smooth transmission of qubits between memory and processor during data access, thereby significantly improving computational efficiency.

By utilizing the V gate, V+ gate, and CNOT gate, WiMi’s QRAM system can quickly execute quantum logic operations and, when handling complex computational tasks, can read and write data at near-real-time speeds. This makes QRAM a key component in large-scale quantum computing applications.

The successful development of QRAM technology has had a revolutionary impact across multiple fields. As a critical component of quantum computers, QRAM will significantly enhance the overall performance of quantum computing systems. Its efficient parallel data access capabilities make it especially well-suited for handling large-scale computational tasks such as molecular simulations, climate modeling, and complex optimization problems. By significantly reducing computation time, QRAM will play an indispensable role in the future of high-performance quantum computing.

Another important application of QRAM is in quantum communication and quantum encryption. By leveraging quantum entanglement, QRAM can enable high-speed data transmission while ensuring data security. The non-locality of quantum entanglement guarantees that data cannot be intercepted during transmission, providing a solid foundation for future quantum encryption technologies.

With the development of quantum computing, the field of quantum machine learning has also gradually emerged. QRAM’s efficient data access capabilities make it highly suitable for handling large-scale datasets, enabling model training to be completed in a shorter time. This will significantly advance the development of quantum artificial intelligence, allowing complex machine learning tasks to be solved quickly on quantum computers.

As quantum technology continues to evolve, QRAM, as a core technology, will provide crucial support for the future of quantum computing. WiMi is committed to continuing the development of QRAM technology, continually optimizing its performance, reducing implementation costs, and expanding its applications across various industries.

The successful development of QRAM technology marks an important step in the advancement of quantum computing. As quantum computers progress and quantum technologies mature, QRAM will become an indispensable core component of quantum computing systems. With the ongoing optimization and promotion of this technology, QRAM is expected to bring disruptive innovations across multiple fields and lay a solid foundation for the arrival of the quantum 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.

 

 

 

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BRIDGE Appoints Morgan Jetto As Executive Vice President, Business Development & Ecosystems

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Industry Veteran to Lead Strategic Partnerships as BRIDGE Extends Its Position as the Trusted Partner for Audience Targeting, Curation, and Agentic Audience Targeting

NEW YORK, Apr. 21, 2026 /PRNewswire/ — BRIDGE, the verified people-data layer for advertising and marketing, today announced the appointment of Morgan Jetto as Executive Vice President, Business Development & Ecosystems. In this newly created role, Jetto will drive BRIDGE’s partnership strategy, expand its ecosystem of data and media integrations, and accelerate revenue growth across its key growth verticals as demand for verified data surges.

“Morgan brings a rare combination of deep industry relationships, strategic vision, and hands-on execution,” said Robert Rose, CEO of BRIDGE. “The industry is moving toward verified identity, curated audiences advertisers can trust, and agentic audience targeting that needs real, consent-audited people data underneath it. BRIDGE sits at the center of all three shifts, and Morgan’s leadership will help us extend that foundation to every agency, platform, and AI builder who needs it.”

Jetto joins BRIDGE from Verve Group, where he served as Senior Vice President and General Manager. His career spans nearly two decades of proven senior roles in AdTech and MarTech — including global partnerships at Yahoo, client leadership at GroupM, as well as board and advisory roles — with a consistent focus on building partnerships at the intersection of data, media, and emerging technology.

“BRIDGE has built something genuinely differentiated — a verified, people-based data foundation the industry urgently needs, and an architecture built for the next generation of agentic audience targeting,” said Jetto. “I’m excited to join at this critical and pivotal moment and help expand the ecosystem of partners, platforms, and clients who can benefit from the differentiated foundation BRIDGE has built— and I’m just getting started.”

BRIDGE is the verified people-data layer for advertising and marketing — the trusted foundation agencies, brands, platforms, and AI builders rely on for audience targeting and curation. Every record is a real person, verified through the Data Safe™ methodology. The CONNECT platform activates the same verified person across CTV, digital, social, email, audio, programmatic, and direct mail, and is built for agentic audience targeting through Connect MCP. People Match™ closes the loop with deterministic attribution. BRIDGE powers 160,000+ campaigns annually and has been ranked #1 for data accuracy by Truthset — an independent third party — for five consecutive years. The graph includes 412.9M verified consumers and business people and 679.8M permission-based emails, anchored on SOC2, SOC3, and HIPAA compliance. Learn more at www.thebridgecorp.com.

Media Contact

Karen Nordahl
BRIDGE
Director, Human Resources 
connect@thebridgecorp.com
+1 ( 212) 991-5633

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SOLOWIN HOLDINGS Expects Revenue in the Range of $27 Million to $29 Million, Approximately 10x Year-over-Year Growth for the Fiscal Year Ended March 31, 2026 Based on Preliminary Unaudited Results

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HONG KONG, April 21, 2026 /PRNewswire/ — SOLOWIN HOLDINGS (Nasdaq: AXG) (“SOLOWIN,” the “Company,” or “we”), a leading financial technology firm bridging traditional and digital assets, today announced certain preliminary, unaudited financial results for the fiscal year ended March 31, 2026. Driven by the rapid expansion of its digital asset tokenization, stablecoin infrastructure, and AI-powered services, the Company delivered exceptional top-line growth for the fiscal year ended March 31, 2026, as it advances its global framework compliance and institutional-grade service strategy.

The preliminary financial results described in this press release are unaudited and based on management’s current estimates of our results for the fiscal year ended March 31, 2026. These figures are subject to the completion of our customary year-end financial closing procedures and audit by the Company’s independent registered public accounting firm. No assurance can be given that final audited results will not differ materially from these preliminary estimates, and any such differences could be significant. We expect to file our audited financial results for the fiscal year ended March 31, 2026, with the U.S. Securities and Exchange Commission in our Annual Report on Form 20-F, which is expected to be filed in July 2026.

Overall Performance

Revenue increased nearly tenfold year over year to between $27 million and $29 million for the fiscal year ended March 31, 2026.

Net loss was in the range of $11 million to $13 million, reflecting continued investment in technology, compliance, and global business expansion.

Financial Condition

As of March 31, 2026, cash and cash equivalents increased to between $14 million and $16 million.

Net cash used in operating activities was in the range of $12 million to $14 million for the year ended March 31, 2026. The increase in receivables from customers was the primary driver of the cash used in operating activities during the current period.

Net cash provided by investing activities was in the range of $1 million to $3 million for the year ended March 31, 2026, mainly consisting of cash and bank balances arising from acquisition of subsidiaries, partly offset by purchases of short-term investments.

Net cash provided by financing activities increased to between $18 million and $20 million for the year ended March 31, 2026, mainly representing the proceeds from capital injections from investors.

Strategic Overview

Against a backdrop of accelerating institutional adoption, maturing global regulation, and deepening integration of AI and blockchain, SOLOWIN has further consolidated its position as a fully compliant, vertically integrated digital financial platform, with a clear dual-token strategy focused on Digital Asset Tokens and AI Tokens. The Company’s ecosystem spans stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services.

Management Commentary

Mr. Lok Ling Ngai, Chief Executive Officer and Chairman of SOLOWIN, stated: “Fiscal 2026 marks a transformative year for SOLOWIN. Achieving tenfold revenue growth represents more than a financial milestone, it validates the strength of our dual-token strategy and underscores the accelerating global demand for compliant, institutional-grade digital asset infrastructure. We are uniquely positioned at the convergence of three structural shifts reshaping our industry: the advancement of regulatory frameworks, the rapid adoption of tokenization, and the integration of AI with blockchain technologies.”

“Guided by our mission ‘Mobilizing Tokens 24/7,’ we are building a secure, efficient, and fully regulated digital financial ecosystem. Over the past year, we have significantly strengthened and expanded our stablecoin and payment infrastructure, scaled our asset tokenization capabilities, and enhanced our AI-powered services. Together, these efforts reinforce and deepen our licensed platform advantages across Hong Kong, Bahrain, and other key global markets.”

“We see ourselves as more than a technology company — we are a trusted bridge connecting traditional finance and the decentralized economy. As global regulatory frameworks continue to mature and institutional adoption accelerates, we remain steadfast in our commitment to compliance, transparency, and responsible innovation. Our goal is to deliver sustainable, long-term value for our clients, partners, and shareholders — and help to power the future of finance.”

About SOLOWIN HOLDINGS

SOLOWIN HOLDINGS (NASDAQ: AXG) is a leading global regulated fintech company. Established in 2016, AXG combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform.

Guided by the mission “Mobilizing Tokens 24/7,” the Company focuses on tokenization and operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.

Through its integrated ecosystem, including AXCOIN, AXONE, FERION, SOLOMON, SCION, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.

For more information, visit the Company’s website at https://www.alloyx.com or Investor Relations webpage at https://ir.alloyx.com

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) including the “Risk Factors” section of the Company’s most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC, which are available for review at www.sec.gov.

For investor and media inquiries please contact:

SOLOWIN HOLDINGS
Investor Relations Department
Email: ir@solowin.io

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

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Chemours Announces Dates for First Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., April 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its first quarter 2026 financial results after market on Tuesday, May 5, 2026.

The Company expects to hold its conference call to discuss its first quarter 2026 financial results at 8:00 a.m. Eastern Time on Wednesday, May 6, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300
investor@chemours.com

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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