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WiMi Built an Advanced Data Structure Architecture Using Homomorphic Encryption and Federated Learning

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BEIJING, July 26, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that it utilized homomorphic encryption and federated learning building an advanced data structure architecture. The architecture integrates federated learning and partial homomorphic encryption, and this integration protects data privacy while enabling efficient data analysis and sharing.

Homomorphic encryption is a special encryption technique that enables computational operations to be performed in an encrypted state without decrypting the data. By utilizing homomorphic encryption, it is possible to compute and share data in an encrypted state while protecting data privacy and integrity, which is useful for some scenarios involving sensitive data. Federated learning is a distributed machine learning technique that enables model improvement by allowing multiple participants to train models on their respective local datasets without sharing the original data, and aggregating the learned parameters of these models into a global model. In data structuring, federated learning can address the issues of data privacy and data security.

WiMi’s data structure architecture based on homomorphic encryption and federated learning enables data collaboration, sharing and integration without revealing the original data content. Participants can train models and update parameters without direct access to the original data of other participants, providing an effective and reliable data fusion solution for secure sharing and analysis of big data. The architecture not only protects the privacy of data, but also improves the efficiency and accuracy of data integration. In practical application, firstly, the requirements of the data architecture need to be analyzed in detail, including data type, data size, and computational tasks. Based on the results of the demand analysis, the design objectives and functions of the data structure are determined. Then, homomorphic encryption technology is utilized to encrypt the user’s sensitive data to ensure that the data remains encrypted during the computation process. The encrypted data from the participating parties are then aggregated and computed using federated learning techniques. The federated learning process can be implemented using secure multi-party computation protocols or differential privacy techniques to ensure data privacy and accuracy of computation results.

The fusion application of homomorphic encryption and federated learning is of great significance in the data structure, which can provide efficient computation and analysis capabilities while protecting user privacy, bringing more possibilities for technology utilization in the technology industry. This application is expected to play an important role in medical and financial fields, promoting secure data sharing and innovative research, and promoting the continuous development of the big data field.

For example, in the medical field, patients’ medical data often involves personal privacy, and how to share and analyze medical data while ensuring data privacy has been a challenge for medical informatization. WiMi’s architecture provides a feasible solution for secure sharing of medical data by combining federated learning and homomorphic encryption. Hospitals and research institutes can work together to train and optimize medical models without disclosing patients’ personal information, improving the quality and efficiency of medical services. In the financial sector, financial institutions are faced with a large amount of sensitive data, such as customer identity information and transaction records. The leakage of these data may have a serious impact on the reputation of financial institutions. The data structure architecture based on homomorphic encryption and federated learning researched by WiMi can help financial institutions improve the accuracy and efficiency of their risk control models and effectively prevent financial risks by encrypting data sharing and analyzing them under the premise of ensuring data security. In addition, with the popularization of IoT devices and the development of social networks, data generation and sharing have become more and more frequent. How to realize the effective integration and utilization of data while protecting personal privacy has become an urgent problem in these fields. The data structure architecture based on homomorphic encryption and federated learning provides an effective solution to these problems.

In the future, WiMi will continue to conduct in-depth research and development of data structure architecture based on homomorphic encryption and federated learning and promote the application and popularization of such architecture in various fields. In the future, this architecture combining federated learning and homomorphic encryption will become an important development direction in the field of big data.

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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SOURCE WiMi Hologram Cloud Inc.

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SellYourWay.org Publishes Expert Insights on How to Handle Partner Conflicts in Small Business Sales

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April 28, 2026

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INDEPENDENCE, Ohio, April 28, 2026 /PRNewswire/ — Today, SellYourWay.org is pleased to announce the publication of, Handling Partner Conflict When Selling Your Business. In this new, exclusive article, Chris Springfield, CBI, CMAA, PMP, Realtor® shares actionable insights on how partner dynamics play a crucial role in shaping the outcome of a small business sale. Chris is the Founder and Principal at Springfield Strategies. SellYourWay.org is an online platform dedicated to the education of small business owners about the business sales process. The site is powered by the International Business Brokers Association® (IBBA) — the largest international, not-for-profit association for Business Brokers.

 

Partner conflict is common during the business sale process. When expectations and differences are not communicated, conflicts can turn acrimonious and disrupt even the strongest deals.

The article explains:

Common Triggers for Partner ConflictsHow Conflicts Can Damage the Sale ProcessSteps to Mitigate and Resolve the Conflict

“Your next chapter in life starts with strategy, specialized guidance and the right deal team in place. Our mission at SellYourWay.Org is empowering small business owners to make informed decisions and get the best results. Professional Business Brokers help sellers prepare for the sale of their businesses and manage the entire process to a successful close — so owners can achieve their personal and financial goals.” – Emily Bowler, Executive Director, IBBA

Get these actionable insights on SellYourWay.Org.

About SellYourWay.Org
The mission of SellYourWay.org is to educate small business owners and the general public about the business sales process and the services that Business Brokers provide. The resources available on the site provide information to help business owners prepare for the successful sale of their businesses.

About the International Business Brokers Association®
Formed in 1984 and with nearly 3,000 members, the International Business Brokers Association® (IBBA) is the largest international not for profit association for Business Brokers. The association provides Business Brokers with education, free benefits, conferences, professional designations, support programs and networking opportunities, and awards the Certified Business Intermediary (CBI)® designation to qualifying Business Brokers. To learn more, contact the IBBA directly at admin@ibba.org.

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Grundfos Pumps India Receives Frost & Sullivan’s 2026 Indian Company of the Year Recognition for Leadership in Sustainable Pumps for Industrial Water

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April 28, 2026

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The recognition highlights Grundfos Pumps India’s market leadership in sustainable pumps, industrial water management, and energy-efficient pumping solutions driven by digitalization and water stewardship.

SAN ANTONIO, April 28, 2026 /CNW/ — Frost & Sullivan is pleased to announce that Grundfos Pumps India Pvt. Ltd. has received the 2026 Indian Company of the Year Recognition in the Sustainable Pumps for Industrial Water category for its outstanding achievements in sustainability-led innovation, strategy execution, and measurable customer impact. This recognition underscores the company’s consistent leadership in advancing energy-efficient pumping systems, strengthening its position in India’s industrial water market, and enabling customers to manage water and energy more responsibly in an increasingly resource-constrained environment.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Grundfos Pumps India excelled in both dimensions, demonstrating a clear ability to align long-term strategic priorities with evolving industrial demand while executing them with discipline, scalability, and consistency. Emphasizing the perspective shared in the assessment, Fredrick Royan, Associate Partner, Sustainability at Frost & Sullivan, said, “Grundfos Pumps India is positioned to shape the next phase of industrial water pumps by combining technological ambition with verifiable sustainability outcomes, transforming water management into a strategic driver of national progress and competitive differentiation.”

Guided by a long-term growth strategy centered on sustainability, digitalization, and application-centric engagement, Grundfos Pumps India has demonstrated strategic agility in adapting global engineering expertise to local industrial realities. The company’s sustained investment in smart pumping technologies, variable-speed solutions, and data-enabled system optimization has allowed it to scale effectively across high-growth industrial sectors in India, including manufacturing, food and beverage, pharmaceuticals, mobility, semiconductors, and energy-intensive process industries.

Innovation remains integral to Grundfos Pumps India’s approach to the industrial water ecosystem. Its comprehensive portfolio of sustainable pumps, pump systems, digital controls, and smart filtration solutions addresses the full lifecycle of industrial water management, from intake and treatment to reuse and discharge. By enabling demand-based pumping, advanced monitoring, and adaptive control, these solutions help customers reduce energy consumption, lower operational costs, and improve system reliability.

“India’s industrial transformation will be defined by how intelligently we manage water. At Grundfos, we see technology not just as an enabler, but as a catalyst for a more resilient and resource‑positive future. By combining advanced pumping intelligence with data‑driven water management, we are empowering industries to move beyond incremental efficiency and embrace system‑level sustainability that safeguards both operational continuity and long‑term competitiveness,” said Shankar Rajaram, Head of Sales, IND Division at Grundfos Pumps India.

Grundfos Pumps India’s emphasis on customer experience reinforces its leadership in sustainable pumps for industrial water. The company supports customers through digital services, optimization programs, repair and lifecycle services, and transparent engagement models that allow users to validate performance before and after deployment. Its application-driven methodology, combined with localized sales and service support across India, enables long-term partnerships built on trust, reliability, and measurable outcomes rather than stand-alone product transactions.

Frost & Sullivan commends Grundfos Pumps India for setting a high benchmark in competitive strategy, execution excellence, and market responsiveness. The company’s ability to integrate smart pumping, digital platforms, renewable energy alignment, and water stewardship is shaping the future of industrial water management in India and delivering tangible economic and environmental value at scale.

Each year, Frost & Sullivan presents the Company of the Year Recognition to an organization that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market performance, customer value, and competitive positioning. The recognition highlights organizations that are redefining industry standards through innovation, excellence in growth, and long-term impact.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognition honors companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com

About Grundfos
Grundfos Pumps India Pvt. Ltd. (Grundfos India) is a 100% subsidiary of Grundfos – Denmark. A global leader in advanced pump solutions and a trendsetter in water technology, the company manufactures more than 16 million pump units annually. The company’s main products include circulator pumps for heating and air-conditioning, as well as other centrifugal pumps for the industry, water supply, sewage, and dosing. The company contributes to global sustainability by pioneering technologies that improve the quality of life for people and care for the planet.

Find out more: http://www.grundfos.com/in

For more information
Please contact: 
Giridhar Raisom | Grundfos
Email: giridhar@grundfos.com
Mobile: +919150071496

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SOURCE Frost & Sullivan

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Amber Premium FZE Secures Virtual Asset Service Provider License from Dubai’s VARA

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25 minutes ago

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April 28, 2026

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DUBAI, UAE, April 28, 2026 /PRNewswire/ — Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name “Amber Premium,” the private banking-grade digital wealth management platform of Amber Group serving high-net-worth individuals and leading institutions, today announced that its Dubai subsidiary, Amber Premium FZE, has received a Virtual Asset Service Provider (VASP) License from Dubai‘s Virtual Assets Regulatory Authority (VARA).

The VASP License grants Amber Premium the authority to commence operations and to offer three regulated activities in and from the Emirate of Dubai, including virtual asset (VA) Broker‑Dealer Services, VA Management and Investment Services, and VA Lending and Borrowing Services for global institutional and qualified investors as defined under VARA’s rulebooks.

“Receiving the VASP License from VARA is a milestone in our long-term roadmap for the region. We are deliberate in pacing our expansion with the evolution of global governance,” said Michael Wu, CEO and Chairman of the Board, Amber Premium. “This authorization accelerates our mission to provide institutional-grade digital wealth infrastructure to our clients in the UAE. We remain committed to a compliance-first architecture, ensuring that our growth contributes directly to the integrity and safety of the local financial ecosystem.”

Established under Dubai Law No. 4 of 2022, VARA is the world’s first independent regulator for virtual assets, overseeing the development and supervision of virtual asset activities across the Emirate. The authority plays a pivotal role in shaping Dubai‘s advanced regulatory environment—one that sets global benchmarks for market integrity, investor protection, industry governance, and innovation-driven growth.

About Amber International Holding Limited

Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name “Amber Premium,” is a global leading digital wealth management platform. As a private banking grade expert in digital wealth management and a subsidiary of Amber Group, Amber Premium is a trusted partner to high-net-worth individuals and leading institutions, delivering institutional-grade market access, execution infrastructure, and investment solutions. The firm is set to redefine the digital wealth management landscape, serving as a proven Nasdaq-listed gateway to digital assets. Learn more at www.ambr.io.

Media Contacts

Amber International Holding Limited
E-mail: pr@ambr.io

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SOURCE Amber International Holding Limited

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