XML 48 R27.htm IDEA: XBRL DOCUMENT v3.24.1
Nature of business and organization (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of accompanying consolidated financial statements
           
Name   Background   Ownership
MC Hologram Inc (“MC”)   - A Cayman Islands company   100% owned by MicroCloud
    - Formed on November 10, 2020    
    - Registered capital of USD 50,000    
    - Primarily engages in holographic integrated solutions.    
           
Quantum Edge HK Limited (“Mengyun HK”)   - A Hong Kong company   100% owned by MC
  - Formed on November 25, 2020  
  - Registered capital of HK 10,000 (USD 1,290)  
  - A holding company  
           
Beijing Xihuiyun Technology Co., Ltd (“Beijing Xihuiyun”)   - PRC limited liability company   100% owned by Mengyun HK
  - Formed on May 11, 2021  
  - Registered capital of RMB 207,048,000 (USD 30,000,000)  
  - A holding company  
           
Shanghai Mengyun Holographic Technology Co., Ltd. (“Shanghai Mengyun”)   - A PRC limited liability company  

81.63% owned by Beijing Xihuiyun and 18.37% owned by Mengyun HK

 

  - Formed on March 24, 2016  
  - Registered capital of RMB 27,000,000 (USD 4,316,665)  
  - Primarily engages in holographic integrated solutions.  

 

Name   Background   Ownership
Shenzhen Mengyun Holographic Technology Co., Ltd. (“Shenzhen Mengyun”)   - A PRC limited liability company   100% owned by Shanghai Mengyun
  - Formed on March 15, 2016  
  - Registered capital of RMB 10,000,000 (USD 1,538,461)  
  - Primarily engages in holographic integrated solutions.  
           
Shenzhen Qianhai Youshi Technology Co., Ltd. (“Qianhai Youshi”)   - A PRC limited liability company   100% owned by Shanghai Mengyun
  - Formed on August 14, 2014  
  - Registered capital of RMB 10,000,000 (USD 1,538,461)  
  - Primarily engages in holographic content sales and SDK software services.  
    - Sold on September 30, 2023  
           
Shenzhen Yijia Network Technology Co., Ltd. (“Yijia Network”)   - A PRC limited liability company   100% owned by Qianhai Youshi
  - Formed on September 25, 2008  
  - Registered capital of RMB 10,000,000 (USD 1,538,461)  
  - Primarily engages in holographic content sales and SDK software services.  
    - Sold on September 30, 2023  
           
Horgos Youshi Network Technology Co., Ltd. (“Horgos Youshi”)   - A PRC limited liability company   100% owned by Qianhai Youshi
  - Formed on November 2, 2020  
  - Registered capital of RMB 10,000,000 (USD 1,538,461)  
  - Primarily engages in holographic content sales and SDK software services.  
    - Sold on September 30, 2023    
           
Horgos Weiyi Software Technology Co., Ltd. (“Horgos Weiyi”)   - A PRC limited liability company   100% owned by Shenzhen Mengyun
  - Formed on September 6, 2016  
  - Registered capital of RMB 10,000,000 (USD 1,538,461)  
  - Primarily engages in holographic integrated solutions.  
           
Shenzhen BroadVision Technology Co., Ltd. (“Shenzhen Bowei”)   - A PRC limited liability company   100% owned by Shenzhen Mengyun
  - Formed on April 12, 2016  
  - Registered capital of RMB 10,000,000 (USD 1,538,461)  
  - Primarily engages in holographic PCBA solutions.  
           
Mcloudvr Software Network Technology HK Co., Limited (“Mcloudvr HK”)   - A Hong Kong company   100% owned by Shenzhen Mengyun
  - Formed on February 2, 2016  
  - Registered capital of HKD 100,000 (USD 12,882)  
  - Primarily engages in holographic integrated solutions.  

 

Name   Background   Ownership
Shenzhen Tianyuemeng Technology Co., Ltd. (“Shenzhen Tianyuemeng”)   - A PRC limited liability company   100% owned by Shenzhen Mengyun
  - Formed on January 6, 2014  
  - Registered capital of RMB 20,000,000 (USD 3,076,922)  
  - Primarily engages in holographic advertising services.  
    - Sold on September 30, 2023  
           
Shenzhen Yunao Hongxiang Technology Co., Ltd. (“Shenzhen Yunao”)   - A PRC limited liability company    100% owned by Shenzhen Mengyun
  - Formed on December 3, 2021  
  - Registered capital of RMB 5,000,000 (USD 784,671)  
  - Advertising service  
    - Dissolved on August 11, 2023  
           
Broadvision Intelligence (Hong Kong), Ltd. (“Broadvision HK”)   - A Hong Kong company   100% owned by Shenzhen Bowei
  - Formed on November 5, 2020  
  - Registered capital of HKD 10,000 (USD 1,288)  
  - No operation  
           
Horgos BroadVision Technology Co., Ltd. (“Horgos Bowei”)   - A PRC limited liability company   100% owned by Shenzhen Bowei
  - Formed on November 4, 2020  
  - Registered capital of RMB 1,000,000 (USD 153,846)  
  - Primarily engages in holographic PCBA solutions.  
           
Horgos Tianyuemeng Technology Co., Ltd. (“Horgos Tianyuemeng”)   - A PRC limited liability company   100% owned by Shenzhen Tianyuemeng 
  - Formed on October 23, 2020  
  - Registered capital of RMB 1,000,000 (USD 153,846)  
  - Primarily engages in SDK software services.  
    - Sold on September 30, 2023  
           
Horgos Tianyuemeng Technology Co., Ltd.-Shenzhen Branch (“Horgos Tianyuemeng-SZ”)   - A PRC limited liability company   100% owned by Horgos Tianyuemeng
  - Formed on March 19, 2021  
  - Registered capital of RMB 1,000,000 (USD 153,846)  
  - No operation  
  - Dissolved on December 10, 2021  
           
Ocean Cloud Technology Co., Limited. (“Ocean HK”)   - A Hong Kong company   56% owned by Mcloudvr HK
  - Formed on November 4, 2021  
  - Registered capital of HKD 10,000 (USD 1,288)  
  - No operation  

 

Shenzhen Haiyun Xinsheng Technology Co., Ltd. (“Shenzhen Haiyun”)   - A PRC limited liability company   100% owned by Ocean HK
  - Formed on December 3, 2021  
  - Registered capital of RMB 50,000,000 (USD 7,846,707)  
  - No operation  

 

Name   Background   Ownership
Shenzhen Tata Mutual Entertainment Information Technology Co., Ltd. (“Shenzhen Tata”)   - A PRC limited liability company   100% owned by Shenzhen Haiyun
  - Formed on January 16, 2020  
  - Disposed on June 30, 2022  
  - Registered capital of RMB 5,000,000 (USD 784,671)  
           
Shenzhen Youmi Technology Co., Ltd. (“Shenzhen Youmi”)   - A PRC limited liability company   100% owned by Shenzhen Haiyun
  - Formed on March 17, 2022  
  - Registered capital of RMB 5,000,000 (USD 784,671)  
  - Game promotion and advertising service  
    - Disposed on May 31, 2023  
           
Shenzhen Yushian Technology Co., Ltd. (“Shenzhen Yushi”)   - A PRC limited liability company   100% owned by Shenzhen Haiyun
  - Formed on February 18, 2022  
  - Registered capital of RMB 5,000,000 (USD 784,671)  
  - Advertising service  
           
Horgos Tata Mutual Entertainment Information Technology Co., Ltd. (“Horgos Tata”)   - A PRC limited liability company  

100% owned by Shenzhen Tata

 

  - Formed on March 22, 2022  
  - Sold on June 30, 2022  
  - Registered capital of RMB 5,000,000 (USD 784,671)  
  - Game promotion service  
           
Horgos Youmi Technology Co., Ltd. (“Horgos Youmi”)   - A PRC limited liability company   100% owned by Shenzhen Youmi
  - Formed on January 29, 2022  
  - Registered capital of RMB 5,000,000 (USD 784,671)  
  - Advertising service  
    - Disposed on May 31, 2023  
         
Horgos Yushian Technology Co., Ltd. (“Horgos Yushi”)   - A PRC limited liability company   100% owned by Shenzhen Yushi
  - Formed on March 24, 2022  
  - Registered capital of RMB 5,000,000 (USD 784,671)  
  - Advertising service  
    - Dissolved on December 18, 2023  
           
Kashgar Youshi Information Technology Co., Ltd. (“Kashgar Youshi”)   - A PRC limited liability company   100% owned by Qianhai Youshi
  - Formed on May 5, 2016  
  - Registered capital of RMB 5,000,000 (USD 769,230)  
  - Primarily engages in holographic content sales and SDK software services.  
    - Disposed on September 30, 2023  
           
Beijing Weixiaohai Technology Co., Ltd. (“Beijing Weixiaohai”)   - A PRC limited liability company   100% owned by Shenzhen Haiyun
  - Formed on April 17, 2019  
  - Registered capital of RMB 8,000,000 (USD 1,124,622)  
  - Primarily engages in Advertising service.  
    - Disposed on October 1, 2022