WIMI Stock Price Increases Over 15% Pre-Market: Why It Happened

By Amit Chowdhry ● March 1, 2021
  • The stock price of WiMi Hologram Cloud Inc (NASDAQ: WIMI) is trading at over 15% pre-market. This is why it happened.

The stock price of WiMi Hologram Cloud Inc (NASDAQ: WIMI) – a leading Hologram Augmented Reality (“AR”) Technology provider in China – is trading at over 15% pre-market. Investors appear to be responding to the company announcing a strategic cooperation with the Dream Classroom program of China Education Television.

Launched by the Ministry of Education of the People’s Republic of China, China Education Television hosts more than a dozen satellite educational projects, including the four major projects for national remote education. And China Education Television has nearly 700,000 receiving satellite stations and directly serves nearly one hundred million school teachers and students in rural areas at the primary and secondary school levels. 

China Education Television and China Vision Ocean (Beijing) Film Culture Media Co., Ltd. jointly produce the Dream Classroom program under the guidance of the Ministry of Education of the People’s Republic of China. And the Dream Classroom program focuses on global knowledge for children and teenagers like English, Chinese, art, performing arts, dance, and other areas. Over 600 world renowned teachers from 5 countries, including China, the United States, Russia, South Korea, and Austria, were invited to join. With the world’s first “5G + AI + holographic education” online classroom program, China Education Television aims to create a holographic classroom by utilizing holographic technology and integrating cutting-edge technology, provide a high-quality education environment, and improve the quality of education for the next generation of children and teenagers.

By integrating the latest technology, including 5G, AI, and holographic projection, the Dream Classroom program of China Educational Television is the world’s first interactive technology TV program with holographic images. And the Dream Classroom column brings immersive online education scenarios by creating smart holographic classrooms and helps students to learn from world-renowned teachers up close at home.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.