Mingyun Holography expects annual net profit to exceed 350 million yuan and plans to invest 400 million USD in cutting-edge fields such as quantum computing

Zhitong
2025.10.27 13:22
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Mingyun Holography expects its net profit for the full year of 2025 to exceed 350 million yuan, compared to a net loss in the same period last year. The company plans to invest 400 million dollars in cutting-edge fields such as quantum computing and blockchain. Recently, the quantum computing sector in the U.S. stock market has performed strongly, benefiting from news that the U.S. government is considering exchanging federal funds for equity in related companies. Quantum computing companies like IonQ have seen their stock prices rise, and the industry generally believes that the "era of quantum supremacy" is about to arrive

According to the Zhitong Finance APP, Mengyun Hologram (HOLO.US) announced on Monday that it expects its net profit for the entire year of 2025 to exceed RMB 350 million, compared to a net loss in the same period last year. Financial report data shows that the company recorded a net loss of approximately RMB 63 million for the entire year of 2024.

As of now, Mengyun Hologram holds cash, cash equivalents, and short-term investments totaling over RMB 3 billion.

The company plans to allocate over USD 400 million from its cash reserves to actively invest in quantum computing, blockchain, and quantum holographic technology.

Under the positive catalyst brought by the latest encouraging news, Mengyun Hologram's stock rose more than 17% in pre-market trading in the U.S.

Recently, the quantum computing sector in the U.S. stock market has benefited from numerous positive news flows, showing very strong performance. In particular, reports about the U.S. government considering exchanging federal funds for equity in related quantum computing companies have triggered a collective surge in quantum sector stocks, especially popular quantum stocks like IonQ, Rigetti, D-Wave, and QCI. Quantum-themed ETFs also rose, reinforcing expectations of a "national-level track" premium.

With IonQ announcing a breakthrough in achieving 99.99% gate fidelity, and the established U.S. tech giant IBM announcing that it has successfully run key quantum error correction algorithms in real-time on conventional AMD FPGAs, the industry generally believes that it is only three to five years away from key quantum inflection points such as "quantum advantage" and "quantum supremacy." The approaching technological critical point is transforming quantum computing from an academic topic into an urgent national security issue.

Nicolo De Masi, CEO of IonQ, a global leader in the quantum computing field, recently stated that significant breakthroughs and transformations in quantum computing are rapidly approaching, and the so-called "quantum supremacy era" is about to arrive. As the number of qubits and gate fidelity in quantum hardware continues to improve, the concept of "quantum supremacy" mentioned by De Masi is used to mark an important threshold—where a quantum processor completes a clearly defined task at a speed unattainable by classical supercomputers within a reasonable time frame.

Quantum computing systems utilize the properties of quantum mechanics, such as quantum superposition and quantum entanglement, to provide a new computing paradigm that theoretically can greatly surpass the computational capabilities of traditional binary computers in certain specific fields. According to a statement from Google on December 9 last year, the Willow quantum chip demonstrated astonishing performance in benchmark tests, capable of completing a "standard benchmark computation" in less than five minutes, while traditional supercomputers would take 10 to 25 years to complete the same task