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MicroCloud Hologram Inc. Files 2024 Annual Report on Form 20-F
MicroCloud Hologram Inc. 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.
In 2024, MicroCloud's total operating revenue grew to RMB 290 million, reflecting a 42.16% year-over-year increase from RMB 204 million in 2023.
The cash and cash equivalents for MicroCloud surged to RMB 851.47 million by the end of 2024, showing a 575.54% year-over-year increase.
Chairman Wei Peng stated that 2024 marked a pivotal year with significant revenue growth and a focus on technological leadership and market expansion.