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Jilin OLED Material Tech to raise $43 million to build a new PSPI OLED production facility
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Jilin OLED Material Tech to raise $43 million to build a new PSPI OLED production facility
China's Jilin OLED Material Tech announced that it plans to raise around 300 million Yuan ($43 million USD) via a new stock offering, mainly to build a new OLED material production plant. Jilin OLED MT is a public company, that trades in the Shanghai stock exchange (ticker: 688378).Jilin OMT further says that it is seeing increased demand, as Chinese OLED makers are in the process of increase their use of OLED materials made in China, rather the…
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