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MicroCloud Hologram Inc. Files 2024 Annual Report on Form 20-F

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SHENZHEN, China, March 21, 2025 /PRNewswire/ — MicroCloud Hologram Inc. (Nasdaq: HOLO) (“MicroCloud” or the “Company”) today filed its operational and financial results for the fiscal year ended December 31, 2024, on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”). MicroCloud is dedicated to the research, development, and application of holographic technology, striving to offer leading holographic technology services to customers worldwide.

In 2024, the Company achieved remarkable successes in multiple aspects such as financial performance, technological R&D, and market expansion.

Steady Revenue Growth: In 2024, the total operating revenue climbed to RMB 290 million (around $40.7625 million), achieving a 42.16% year-over-year growth compared with RMB 204 million in 2023. Notably, the service business revenue performed particularly prominently, growing substantially from RMB 181 million in 2023 to RMB 277 million in 2024, representing a 53.04% increase year-over-year. This positive trend fully indicates that the Company’s products and services have won wide recognition in the market, with remarkable business expansion results. It further consolidates its market position within the industry and lays a solid foundation for future sustainable development.

Expansion of cash and cash equivalents Scale: By the end of 2024, the Company’s cash and cash equivalents surged to RMB 851.47 million (approximately $118.45 million), reflecting a 575.54% year-over-year increase and underscoring its robust financial health and strategic agility. This growth was primarily driven by strategic capital deployment, coupled with stable non-current assets, these achievements highlight the Company’s unwavering commitment to technological leadership and sustainable growth, solidifying its position as a trailblazer in holographic solutions.

Wei Peng, the Chairman of the Board of Directors of MicroCloud Hologram Inc., stated, “2024 marked a pivotal year for solidifying our financial foundation, characterized by 42.16% revenue growth, a 53.14% surge in service business performance, and a 575.54% increase in cash and cash equivalents. These achievements demonstrate our ability to execute strategic priorities—financial resilience, technological leadership, and market expansion—through relentless innovation and market alignment. These achievements were fueled by our team’s relentless focus on technological innovation and astute alignment with market demands. Looking ahead, we will leverage this momentum to accelerate R&D investment in holographic technologies, deepen integration of cutting-edge solutions, expand our global footprint, and enhance product/service quality and competitiveness, all while remaining steadfast in our commitment to delivering groundbreaking experiences to customers worldwide and advancing the Company to new heights in holography and related advanced technologies.”

The information disclosed in this press release is not comprehensive. For a full understanding, please refer to the Company’s annual report on Form 20-F. The annual report, which contains the Company’s audited consolidated financial statements, can be accessed on the SEC’s website at http://www.sec.gov.

About MicroCloud Hologram Inc.

MicroCloud provides a wide range of holographic technology services in the holographic industry, including high – precision holographic light detection and ranging (LiDAR) solutions based on holographic technology, exclusive holographic LiDAR point – cloud algorithm architecture design, breakthrough holographic imaging technology solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to serve customers that provide reliable holographic advanced driver assistance systems (ADAS). MicroCloud also offers holographic digital twin technology services for customers and has established a proprietary holographic digital twin technology resource library.

Safe Harbor / Forward – Looking Statements

This press release contains “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 can be identified by terms such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. 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 the Company’s strategic and operational plans contain forward – looking statements. Forward – looking statements are not guarantees or assurances of future performance and involve inherent risks and uncertainties. A number of 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 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 current report on Form 6 – K, as well as other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not assume any obligation to update any forward – looking statement, except as required under applicable laws.

 

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SOURCE MicroCloud Hologram Inc.

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SILICOM’S FIRST QUARTER 2025 RESULTS RELEASE SCHEDULED FOR APRIL 28, 2025

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– Conference Call Scheduled for Monday, April 28, 2025 at 9:00am ET

KFAR SAVA, Israel, April 1, 2025 /PRNewswire/ — Silicom Ltd. (NASDAQ: SILC), an industry-leading provider of high-performance server/appliances networking solutions, announced today that it will be releasing its first quarter 2025 results on Monday, April 28, 2025.

The Company will be hosting a conference call on that same day at 9:00am Eastern Time. On the call, management will review and discuss the results, and will also be available to answer investors’ questions, following the prepared remarks.

To participate, investors may either listen via a webcast link hosted on Silicom’s website or via the dial-in. The link will be under the investor relations’ webcast section of Silicom’s website at https://www.silicom-usa.com/webcasts/

For those that wish to dial in via telephone, one of the following teleconferencing numbers may be used:

US: 1 866 860 9642
ISRAEL: 03 918 0609
INTERNATIONAL: +972 3 918 0609
At: 9:00am Eastern Time, 6:00am Pacific Time, 4:00pm Israel Time

It is advised to connect to the conference call a few minutes before the start.

For those unable to listen to the live call, a replay of the call will be available for three months from the day after the call under the above-mentioned webcast section of Silicom’s website.

About Silicom

Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to improve performance and efficiency in Cloud and Data Center environments, Silicom’s solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that enables advanced Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of cutting-edge silicon technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.

Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure offerings, including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.

Silicom’s long-term, trusted relationships with more than 200 customers throughout the world, its more than 400 active Design Wins and more than 300 product SKUs have made Silicom a ‘go-to’ connectivity/performance partner of choice for technology leaders around the globe.

For more information, please visit: www.silicom.co.il

Statements in this press Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the company’s control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, Silicom’s increasing dependence for substantial revenue growth on a limited number of customers, the speed and extent to which Silicom’s solutions are adopted by the relevant markets, difficulty in commercializing and marketing of Silicom’s products and services, maintaining and protecting brand recognition, protection of intellectual property, competition, disruptions to its manufacturing, sales & marketing, development and customer support activities, the impact of the wars in Gaza and in the Ukraine, attacks on shipping by Huthis in the Red Sea, rising inflation, rising interest rates and volatile exchange rates, as well as any continuing or new effects resulting from the COVID-19 pandemic, and the global economic uncertainty, which may impact customer demand by encouraging them to exercise greater caution and selectivity with their short-term IT investment plans. The factors noted above are not exhaustive.

Further information about the company’s businesses, including information about factors that could materially affect Silicom’s results of operations and financial condition, are discussed in our Annual Report on Form 20-F and other documents filed by the Company and that may be subsequently filed by the company from time to time with the SEC. These forward-looking statements can generally be identified as such because the context of the statement will include words such as “expect,” “should,” “believe,” “anticipate” or words of similar import. Similarly, statements that describe future plans, objectives or goals are also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.

Company Contact:
Eran Gilad, CFO
Silicom Ltd.
Tel: +972-9-764-4555
E-mail: erang@silicom.co.il

Investor Relations Contact:
Ehud Helft
EK Global Investor Relations
Tel: +1 212 378 8040
E-mail: silicom@ekgir.com

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SOURCE Silicom Ltd.

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SmartBug Media® Ranks No. 142 on Inc.’s List of the Pacific Region’s Fastest-Growing Private Companies

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Magazine’s rankings recognize percentage revenue growth from 2021-2023

IRVINE, Calif., April 1, 2025 /PRNewswire/ — SmartBug Media® — HubSpot’s most decorated Elite Partner in the world and the digital agency of choice for organizations looking to create resilient growth across the entire customer lifecycle — today announced that it ranked No. 142 on Inc. magazine’s fifth annual Inc. 5000 Regionals list for the Pacific region.

The rankings include the fastest-growing private companies based in Alaska, Hawaii, California, Oregon and Washington.

The rankings include the fastest-growing private companies based in Alaska, Hawaii, California, Oregon and Washington. The regional list — an extension of the national Inc. 5000 — represents a look at the most successful private companies within the Pacific economy. This marks the fourth consecutive year that SmartBug has landed a place on the list.

“Being ranked among the fastest-growing companies in the Pacific region yet again speaks to our consistency as a partner that brings value to our clients across the full customer lifecycle,” Ryan Malone, Global CEO of SmartBug Media, said. “Our growth stems from the fact that we are laser-focused on helping our clients achieve their goals. As one of the world’s largest HubSpot partners, we have the breadth and depth to deliver what they need to succeed.” 

SmartBug was recently named the 2024 HubSpot North American Partner of the Year for the third time. The agency holds all eight advanced HubSpot accreditations, including the newest Content Experience Accreditation.

“The honorees on this year’s Inc. Regionals list are true trailblazers driving economic growth in their respective regions, industries and beyond. This list celebrates their achievements and tells the stories of remarkable companies that are fueling growth and adding jobs in local economies throughout the country,” Bonny Ghosh, editorial director at Inc, said.

SmartBug has appeared on the Inc. 5000 list for the past eight years and the Inc. 5000 Regionals: Pacific list for the past four. The complete Inc. 5000 Regionals: Pacific list, including company profiles, can be found at inc.com/Pacific.

ABOUT SMARTBUG MEDIA®

SmartBug Media® is the digital agency of choice for organizations looking to create resilient growth across the entire customer lifecycle. From marketing to sales, revenue operations to customer success and e-commerce to integration, SmartBug® combines sound strategies, cutting-edge AI and digital innovation to de-risk the future and set a course for continued success.

As a three-time HubSpot Partner of the Year, SmartBug is one of its top-performing Elite Global Solutions Partners. SmartBug is also a Google Premier Partner. For more information about SmartBug Media, visit smartbugmedia.com.

For SmartBug Media Inquiries, Contact:
Katie Quaranta, PR Manager
SmartBug Media
kquaranta@smartbugmedia.com 

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SOURCE SmartBug Media

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India Research Conclave 2025 at AIIMS Sets the Stage for Strengthening India’s Research Ecosystem

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NEW DELHI, April 1, 2025 /PRNewswire/ — The India Research Conclave 2025, hosted at the All India Institute of Medical Sciences (AIIMS), New Delhi, marked a significant milestone in advancing research excellence, fostering collaboration, and reinforcing research integrity in India. Powered by Springer Nature, the conclave brought together leading academics, researchers, policymakers, and industry experts to deliberate on key challenges and opportunities shaping India’s research landscape.

With a strong emphasis on research integrity, innovation, and inclusivity, the event featured keynote addresses from distinguished speakers from the government, academia, and research organizations. Discussions underscored India’s role in shaping the global research agenda and the importance of ethical and sustainable scientific progress.

Frank Vrancken Peeters, CEO, Springer Nature, highlighted the transformative impact of collaboration and research integrity in driving scientific advancements. He stated, “India is emerging as a global leader in research and innovation. Events like the India Research Conclave play a crucial role in fostering a culture of excellence, transparency, and collaboration. At Springer Nature, we remain committed to supporting the research community with tools and resources that uphold the highest standards of integrity.”

P.K. Banerjee, Joint Secretary, Ministry of Education, Government of India, reiterated the government’s focus on strengthening India’s research ecosystem. He remarked, “The India Research Conclave serves as a crucial platform to bring together policymakers, academics, and industry leaders to drive impactful research and innovation. As India continues to expand its research capabilities, it is imperative that we uphold the highest ethical and academic standards, ensuring that our scientific advancements benefit society at large. Initiatives like One Nation One Subscription (ONOS) are key to democratizing access to high-quality research, enabling Indian researchers to contribute more effectively to the global knowledge economy. The students need to nudge the institutions into first getting access and thereafter, use them effectively for newer multi-disciplinary research using ONOS.”

The conclave also featured two engaging panel discussions. The first panel, ‘Strengthening India’s Research & the Way Forward’, brought together distinguished academics and policymakers to discuss the challenges and opportunities in India’s research ecosystem. Experts shared insights on funding, policy reforms, and interdisciplinary collaboration to propel India to the forefront of global research. The second panel, ‘Women in Research: Catalysts for Change in India’s Scientific Landscape’, highlighted the invaluable contributions of women researchers and the need for greater gender inclusivity in STEM fields. The discussion emphasized mentorship, policy support, and institutional changes to empower women in research.

The conclave featured keynote speeches and discussions from esteemed leaders in research, education, and policy, including Dr. Govind K. Makharia, Associate Dean (Research), AIIMS, New Delhi, Dr. B.N. Gangadhar, Chairman, National Medical Commission and Prof. Dhananjay Singh, Member Secretary, Indian Council of Social Science Research (ICSSR), Ministry of Education, Government of India

Hosting the India Research Conclave 2025 at AIIMS, New Delhi, one of India’s premier research institutions, underscored the event’s significance in shaping national research policies. The discussions on sustainability, technology-driven research, and academic integrity highlighted India’s growing influence in the global research ecosystem.

A key focus of the conclave was Springer Nature’s Research Integrity initiatives, reinforcing the commitment to ethical publishing, transparency, and sustainable research practices. This aligns with India’s vision for academic excellence and the UN Sustainable Development Goals (SDGs).

Through insightful discussions, networking opportunities, and knowledge exchange, the India Research Conclave 2025 laid the foundation for future initiatives that will strengthen India’s position as a global leader in research and innovation.

About Springer Nature:

Springer Nature is one of the leading publishers of research in the world. We publish the largest number of journals and books and are a pioneer in open research. Through our leading brands, trusted for more than 180 years, we provide technology-enabled products, platforms and services that help researchers to uncover new ideas and share their discoveries, health professionals to stay at the forefront of medical science, and educators to advance learning. We are proud to be part of progress, working together with the communities we serve to share knowledge and bring greater understanding to the world. For more information, please visit about.springernature.com and @SpringerNature.

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