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MicroCloud Hologram Inc. Develops Quantum Nonlinear Optical Holography Technology to Assist in the Generation of Spatial Entangled Qudits

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SHENZHEN, China, Jan. 14, 2025 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the “Company”), today announced the development and application of Quantum Nonlinear Optical Holography (QNOH) technology to directly generate spatially entangled qudits. This technology leverages the Spontaneous Parametric Down-Conversion (SPDC) process in quantum optics, precisely shaping the spatial quantum correlations of entangled photon pairs within a two-dimensional patterned nonlinear photonic crystal, without the need for complex pump shaping. This innovation not only breaks through the limitations of traditional optics but also offers unprecedented application prospects for quantum key distribution (QKD) and quantum computing based on spatial degrees of freedom.

Quantum Nonlinear Optical Holography technology combines the advantages of quantum optics, nonlinear optics, and holography, aiming to directly shape the spatial properties of quantum photons through nonlinear optical processes. Traditional nonlinear optical holography has been widely applied in the field of classical optics, particularly in areas such as information storage, beam control, and optical communication. However, its application in the quantum domain has been relatively scarce, as shaping quantum states typically requires higher precision and more complex interventions.

The key innovation of Quantum Nonlinear Optical Holography technology is its ability to directly generate spatially entangled qudits through the Spontaneous Parametric Down-Conversion process, overcoming the limitations of conventional quantum optical techniques. A qudit is a high-dimensional quantum system, which, compared to the traditional qubit, has more degrees of freedom and can store more information. Therefore, it holds greater promise for applications in quantum computing and quantum communication.

The core implementation of HOLO’s Quantum Nonlinear Optical Holography technology relies on the Spontaneous Parametric Down-Conversion process. In this process, a single high-energy photon enters a nonlinear optical medium (such as a BBO crystal) and, through interaction with the crystal, splits into two lower-energy photons, which are referred to as the signal photon and the idler photon. These two photons exhibit quantum entanglement, meaning their states are tightly correlated, regardless of the spatial distance between them.

Unlike traditional quantum optical technologies, this technique uses a two-dimensional patterned nonlinear photonic crystal. In such a crystal, photons can be precisely controlled in predefined spatial degrees of freedom. By manipulating the patterned structure of the crystal, the spatial quantum correlations of the entangled photon pairs can be directionally shaped, thereby generating the desired quantum states.

What sets HOLO’s Quantum Nonlinear Optical Holography technology apart is that it does not require complex pump light shaping. Traditional quantum optical systems typically rely on specific shapes and frequency adjustments of the pump light source to ensure that the generated quantum states meet the desired criteria. However, QNOH technology achieves direct manipulation of the spatial properties of entangled photon pairs by controlling the structure and material properties of the nonlinear photonic crystal, making the process more efficient and stable.

In traditional quantum information processing, the quantum bit (qubit) is widely used as the basic unit. However, the computational and storage capacity of a qubit is limited by its binary states (0 or 1). In contrast, a qudit (a high-dimensional quantum system) can process information in higher dimensions, offering greater potential for quantum computing and quantum communication.

One of the biggest breakthroughs of HOLO technology is its ability to generate spatially entangled qudits. By precisely controlling the design of the photonic crystal, the technical team successfully endowed photon pairs with multiple degrees of freedom within a two-dimensional space, allowing each entangled photon pair to move beyond traditional binary states and expand into higher dimensions. These quantum states can manifest as different quantum modes and frequencies, significantly enhancing the capacity and diversity of the quantum system.

HOLO’s Quantum Nonlinear Optical Holography technology generates spatially entangled qudits through the following steps:

Photon Source Selection and Control: Through the precisely designed nonlinear photonic crystal, an appropriate pump light source is chosen to excite the signal and idler photons in the Spontaneous Parametric Down-Conversion process. These photon pairs are highly entangled and can be precisely controlled in spatial degrees of freedom.

2D Patterned Crystal Design: A two-dimensional patterned nonlinear photonic crystal is used to control the propagation paths and interactions of photons within the crystal, allowing the spatial quantum correlations of the signal and idler photon pairs to be shaped according to design requirements. This structure not only enhances the stability of quantum entanglement but also enables information encoding and decoding across different dimensions.

Shaping Spatial Quantum Correlations: By adjusting the phase and amplitude at different positions within the photonic crystal, the spatial correlations of the generated entangled photon pairs are ensured to match the desired quantum state. This allows the quantum information of the photons to be transmitted in a more efficient and multidimensional manner.

Quantum State Verification: Experimental verification shows that the quantum states generated by this technology not only possess spatial quantum correlations but also violate the Clauser-Horne-Shimony-Holt (CHSH) inequality, proving their entangled nature. According to the fundamental principles of quantum mechanics, the violation of this inequality indicates the authenticity of quantum information and the validity of quantum entanglement.

The successful development of HOLO’s QNOH technology has brought a significant breakthrough to the fields of quantum key distribution (QKD) and quantum communication. Entanglement-based quantum key distribution is one of the core technologies in quantum communication today, ensuring the security of key exchange through the properties of quantum entanglement. The high-dimensional entangled qudits generated by the QNOH technology can provide higher key transmission rates and stronger resistance to interference, thereby enhancing the security and efficiency of quantum communication networks.

Additionally, HOLO’s QNOH technology is also noteworthy for its application in quantum computing. Since quantum computing can process information in high-dimensional quantum states, the generation of qudits will greatly improve the parallelism and efficiency of quantum computing. Traditional quantum computing uses quantum bits for computation, while high-dimensional qudits can store more information and perform more complex computational tasks, thereby accelerating the execution of quantum algorithms.

HOLO’s Quantum Nonlinear Optical Holography technology not only brings new possibilities to quantum communication and quantum computing but also paves the way for the future development of quantum information science. In the future, as this technology continues to improve, it may find broader applications in fields such as quantum networks, quantum encryption, and quantum simulation.

In future research, optimizing the design of two-dimensional photonic crystals to further enhance the efficiency and stability of spatially entangled qudit generation will become a key issue in the field of quantum optics. Meanwhile, Quantum Nonlinear Optical Holography technology is also expected to integrate with other quantum technologies, such as quantum sensing and quantum imaging, opening up more application scenarios in the field of quantum science.

The successful development of Quantum Nonlinear Optical Holography technology marks a significant advancement in the field of quantum optics. By precisely generating spatially entangled qudits, this technology offers a fresh perspective and more powerful tools for various fields, including quantum communication, quantum computing, and quantum information processing. As quantum technology continues to mature, quantum networks and quantum computers in the future are expected to enter a new era of greater efficiency and security, driven by this innovative technology.

About MicroCloud Hologram Inc.

MicroCloud is committed to providing leading holographic technology services to its customers worldwide. MicroCloud’s 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, breakthrough technical 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 (“ADAS”). MicroCloud also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud’s holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of MicroCloud’s holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. For more information, please visit http://ir.mcholo.com/

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic; financial condition and results of operations; the expected growth of the holographic industry and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s most recently filed Annual Report on Form 10-K and current report on Form 6-K and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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SOURCE MicroCloud Hologram Inc.

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WuXi Biologics Receives Double Honors at 2026 HERA for ESG Reporting and Environmental Excellence

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HONG KONG, Nov. 3, 2026 /PRNewswire/ — WuXi Biologics (2269.HK), a leading global Contract Research, Development and Manufacturing Organization (CRDMO), today announced it received two Grand Awards at the ninth Hong Kong ESG Reporting Awards (HERA), winning Best ESG Report (Large-Cap) and Excellence in Environmental Positive Impact.

HERA celebrates excellence in sustainability reporting and ESG practices, with award categories spanning ESG governance, environmental and social impact, carbon neutrality, and workplace well-being. The program is independently judged by a panel drawn from academia, finance, sustainability advisory and regulatory backgrounds, promoting transparency, accountability and stakeholder trust.

Selected from 120 entries, WuXi Biologics was the only pharmaceutical company to receive a Grand Award this year. Its two honors recognize WuXi Biologics’ continual efforts to advance transparent, high-quality ESG disclosure and deliver measurable environmental progress across its global operations.

Dr. Chris Chen, CEO of WuXi Biologics and Chairman of its ESG Committee, commented, “We are delighted to receive two HERA awards, which reflect our ongoing conviction that transparent ESG disclosure and strong environmental performance are integral to business resilience and long-term success. WuXi Biologics will continue to advance our ESG governance and Green CRDMO strategy, working with global partners to drive sustainable development across the value chain.”

Through its Green CRDMO solutions, the Company continues to embed sustainability principles throughout its biologics research, development, manufacturing, and operations. In 2025, WuXi Biologics’ near-term, long-term and net-zero greenhouse gas emissions reduction targets were validated by the Science Based Targets initiative (SBTi), covering Scope 1, 2 and 3 emissions and aligned with a 1.5°C pathway. Another honor WuXi Biologics recently received was being named to the 2026 Forbes China ESG 50 list for achievements in sustainable development, Green CRDMO solutions, and ESG digital innovation.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide*.

With over 14,000 employees in China, the United States, Ireland, Germany, and Singapore, including experts and scientists in biologics R&D and manufacturing, technology innovation, and operational excellence, WuXi Biologics leverages its technologies and expertise to deliver efficient, cost-effective, and scalable biologics solutions tailored to meet clients’ needs. By embedding digital capability and infrastructure across the full biopharmaceutical value chain, the company turns data, computation, and prediction into transparent client experience, faster development, intelligent operations, and more efficient manufacturing. As of June 30, 2026, WuXi Biologics is supporting 1064 integrated client projects, including 78 in Phase III and 28 in commercial manufacturing, with complex modalities representing more than half of the entire project portfolio.

WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while demonstrating exemplary Environmental, Social and Governance (ESG) practices. Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts, and promote responsible practices that empower the entire value chain.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com.

*The winner of the “2026 Biologics CDMO of the Year” (Large CDMOs) (Life Science Connect / Outsourced Pharma)

*The winner of the “2026 Best Contract Development & Manufacturing Organization Award” (ABEA)

Contacts

ESG
esg@wuxibiologics.com

Media
PR@wuxibiologics.com

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SOURCE WuXi Biologics

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Only 54% of Consumers Trust That Black Friday Discounts Are Lower Than Normal as Promotion Fatigue Grows

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BCG’s Annual Black Friday Survey Finds 1 in 5 Consumers Actively Distrust Advertised Discounts22% Plan to Spend Less or Skip Year-End Sales EventsRetailer Reputation and Transparent Pricing Rank Among the Highest Factors for Building Consumer Trust; Influencer Recommendations Rank LastUse of Social Media as a Shopping Inspiration Source Falls 9 Points to 46%, While AI Rises Across All Surveyed Countries

BOSTON, Nov. 4, 2026 /PRNewswire/ — Only 54% of consumers trust that advertised Black Friday prices are genuinely lower than usual, and one in five actively distrust them, according to a new survey from Boston Consulting Group (BCG).

Promotion fatigue is also growing, with 22% of consumers planning to spend less or skip year-end sales events because they believe discounts are available all the time.

Despite growing skepticism around promotions, consumers haven’t raised the bar for what constitutes a good deal. The expected minimum discount for a good deal eased to about 30% (versus 32% in 2025).

These are among the findings of BCG’s sixth annual Black Friday Consumer Study, based on a survey of 10,220 consumers across ten countries. The report, titled For Year-End Sales Events, Trust Is the New Currency, examines shopping expectations and behaviors ahead of Singles’ Day, Black Friday, and Cyber Monday.

“Shoppers no longer take Black Friday discounts at face value. Nearly half are unconvinced that prices are actually lower,” said Nate Shenck, a BCG managing director and senior partner, and coauthor of the report. “Retailers can’t discount their way past that. The question this season is how to earn shoppers’ trust.”

Credibility and Proof Build Trust, Persuasion Does Not

BCG determined the factors that build consumer trust using a net trust score (calculated as the share of consumers who say a factor increases their trust in a deal, minus the share who say it decreases it):

Retailer reputation and money-back guarantees ranked highest, each with a net trust score of 65%Verified purchase reviews also ranked among the top trust builders (59%), followed by clear comparisons between regular and discounted prices (58%)At the bottom of the ranking, real-time scarcity messages scored just 8%, AI-generated review summaries 4%, and influencer recommendations only 3%

AI Is Displacing Social Media as an Inspiration Channel

Social media as an inspiration source for consumers declined nine percentage points to 46%, falling in every market surveyed, whereas AI as an inspiration source increased across all ten markets.

Planned AI usage reached 56% of shoppers this year, up eight points from 2025. Around 86% of users find it helpful, and 78% say it raises their likelihood of completing a purchase.

Consumers trust AI most for comparing prices across retailers (39%) and comparing product features (37%). Transactional tasks, such as filling in checkout details, are still developing as a common use case.

“Shoppers facing promotion fatigue are turning to AI to do the work of finding and comparing deals. AI is already beginning to replace influencers as a go-to source for inspiration,” said Jessica Distler, a BCG managing director and partner, and coauthor of the report. “That means retailers need to think as carefully about how their offers are found and verified as they do about the discounts themselves.”

Download the report here:
https://www.bcg.com/publications/2026/trust-matters-year-end-sales-events

Media Contact:
Kendall Kosten
kosten.kendall@bcg.com 

About Boston Consulting Group
Boston Consulting Group bridges the gap between ambition and outcomes for the world’s leading companies and organizations. We are built for this era of unprecedented change — bringing strategic clarity rooted in over 60 years of deep domain knowledge, combined with applied AI shaped by our practitioners. BCG works shoulder-to-shoulder with CEOs across industries and geographies to deliver transformative impact at scale: stronger returns, transferred capabilities, and change that sticks. For more information, visit bcg.com.

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SOURCE Boston Consulting Group (BCG)

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Most Robots Still Aren’t Insured. YAS and Robolist Are Changing That.

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YAS and Robolist.ai partner to bring a free Risk Score and a path to insurance to robotics companies, giving firms, investors, and buyers a safer, more transparent foundation for an industry entering mass production

HONG KONG, Nov. 4, 2026 /PRNewswire/ — Artificial intelligence’s next phase is getting a body. Humanoid robot shipments are up sharply in 2026, with global shipments reaching roughly 30,000 units in the first half of the year alone, nearly 300% higher than a year earlier. But humanoids are only the headline category. Robolist.ai (“Robolist”), an independent market intelligence layer for robotics used by investors worldwide, tracks more than 4,200 robots from over 1,300 manufacturers across categories including industrial arms, warehouse AMRs, cobots, commercial cleaning, delivery, hospitality, and home robots, and growth is accelerating across nearly all of them.

Across every one of those categories, most of what is shipping today carries no insurance. YAS, a data risk intelligence platform that helps insurers underwrite EV, robotaxi, and now robotics risk, today announced a strategic partnership with Robolist to close that gap — starting with a free Risk Score for the companies Robolist already ranks, and a path to coverage for those who want one.

Putting safety first, for an industry still finding its footing

Robotics is moving from pilots to mass production, and that shift changes who is exposed and what’s at stake. YAS and Robolist both see the same underlying problem: an industry growing faster than the risk infrastructure built to support it. Pairing YAS’s risk intelligence with Robolist’s independent market data gives the industry one more layer of transparency, a shared, safety-first foundation that the companies believe is necessary for robotics to grow into a trusted, durable category rather than a fast-moving one with uneven guardrails.

What it means for robotics firms

Every manufacturer listed on Robolist is already independently ranked. Starting with this partnership, any of them can also request a free Risk Score, built with YAS, covering their systems across whichever category they operate in, not just humanoid. A strong, transparent risk profile is becoming a competitive advantage in its own right, a signal to enterprise buyers and partners that a company takes safety seriously. There is no cost to check it and no obligation attached.

What it means for investors

Robolist’s independent data has always given investors a clear picture of what a company has actually raised and shipped. Adding YAS’s Risk Score introduces a second, forward-looking signal: a working estimate of operational risk exposure, sitting alongside funding and deployment evidence. Together, the two offer a more complete basis for diligence, and support the kind of informed, patient capital that helps the category grow in a healthy, sustainable way rather than on hype alone.

What it means for buyers

Enterprises deciding whether to deploy a robot fleet have historically had almost no independent way to compare risk across vendors. The Risk Score gives buyers a transparent reference point alongside Robolist’s existing rankings, and a direct route to insurance for the deployments they choose to move forward with, so adoption decisions can be made with more confidence and less guesswork.

Status

The partnership is in its exploratory phase under a signed Memorandum of Understanding, beginning with Hong Kong, with other markets under consideration as it develops. The Risk Score is an indicative analytical tool, not a safety certification or a guarantee of coverage; insurance, where available, is issued by licensed carriers.

Quotes

“Robotics is scaling faster than the risk infrastructure around it. You can’t insure what you can’t measure — so we start by measuring. A free Risk Score, built on live operating data, gives every robotics company a transparent read on their exposure and, when they want it, a path to coverage. That’s how a fast-moving category becomes a durable one.”— Andy Ann, Founder, YAS

“We built Robolist as an independent market intelligence layer for robotics. Partnering with YAS deepens that layer. There’s a lot of natural overlap between what we do. Robotics insurance is a long-term project that benefits everyone in the industry, and it matters more now that the category is moving into mass production. Part of that is simply caring about what happens to the people and businesses actually using these machines.” — Matthew Cheung, Co-founder, Robolist.ai

About YAS

YAS is a Hong Kong-based risk intelligence platform for the machine economy, turning live operating data from vehicles, fleets, and robots into real-time risk scores used by licensed insurers to underwrite fairer, faster coverage. YAS works with insurance carrier partners across robotics and humanoids, EV and commercial fleets, with autonomous vehicles next.

About Robolist.ai

Robolist.ai is an independent market intelligence layer for robotics, used by investors to track what manufacturers actually raise, ship, and deploy. Robolist tracks more than 4,200 robots from over 1,300 manufacturers across categories from humanoids and industrial arms to cleaning, delivery, and home robots.

Learn more

Manufacturers can claim their profile and request a free Risk Score, and investors and buyers can explore the data, at robolist.ai. To learn more about YAS’s risk intelligence platform, visit yas.io.

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SOURCE YAS

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