---
title: "Jilin OLED plans to raise no more than 300 million yuan through a private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/244447772.md"
description: "According to the Zhitong Finance APP, Jilin OLED announced that the company plans to issue shares to specific targets through a simplified procedure, raising a total amount of no more than 300 million yuan (including the principal). The net proceeds from the fundraising, after deducting issuance costs, will be used for the production base project of OLED display core material PSPI materials and to supplement working capital"
datetime: "2025-06-13T12:04:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244447772.md)
  - [en](https://longbridge.com/en/news/244447772.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244447772.md)
generator: "portal-rs"
---

# Jilin OLED plans to raise no more than 300 million yuan through a private placement

According to the Zhitong Finance APP, Jilin OLED (688378.SH) announced that the company plans to issue shares to specific targets through a simplified procedure, raising a total of no more than 300 million yuan (including the principal). The net amount of funds raised after deducting issuance costs will be used for the OLED display core material PSPI material production base project and to supplement working capital

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**