A consortium of investors acquired a 3% stake in Jilin OLED Material Tech Co., Ltd. from Changchun Juhai Investment Partnership Enterprise (Limited Partnership), Xuan Jingquan, Xuan Lingyi and Li Jixuan for approximately CNY 130 million
June 17, 2024
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Nuode Asset Management Co., Ltd., Nanjing Century Hengyuan Investment Co., Ltd., Qingdao Hongzhu Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Shenzhen Commando Capital Management Co., Ltd., Shanghai Muxin Private Fund Management Co., Ltd., Pacific Asset Management Co., Ltd., Yingshui Investment Co., Ltd., Ningbo Meishan Bonded Port Area Lingding Investment Management Co., Ltd., Beijing dao-fund Asset Management Co., Ltd., Panhou Weiran (Shanghai) Private Fund Mnaagement Co., Ltd. and Qingdao Luxiu Investment Management Co., Ltd. acquired a 3% stake in Jilin OLED Material Tech Co., Ltd. (SHSE:688378) from Changchun Juhai Investment Partnership Enterprise (Limited Partnership), Xuan Jingquan, Xuan Lingyi and Li Jixuan for approximately CNY 130 million on June 17, 2024. A total of 6.24 million shares were acquired at CNY 21 each.
Nuode Asset Management Co., Ltd., Nanjing Century Hengyuan Investment Co., Ltd., Qingdao Hongzhu Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Shenzhen Commando Capital Management Co., Ltd., Shanghai Muxin Private Fund Management Co., Ltd., Pacific Asset Management Co., Ltd., Yingshui Investment Co., Ltd., Ningbo Meishan Bonded Port Area Lingding Investment Management Co., Ltd., Beijing dao-fund Asset Management Co., Ltd., Panhou Weiran (Shanghai) Private Fund Mnaagement Co., Ltd. and Qingdao Luxiu Investment Management Co., Ltd. completed the acquisition of a 3% stake in Jilin OLED Material Tech Co., Ltd. (SHSE:688378) from Changchun Juhai Investment Partnership Enterprise (Limited Partnership), Xuan Jingquan, Xuan Lingyi and Li Jixuan on June 17, 2024.
Jilin OLED Material Tech Co Ltd is a China-based company primarily engaged in the research and development, manufacturing, sales and after-sales technical services of organic light-emitting materials and evaporation source equipment in the upstream link of organic light emitting diode (OLED) industry chain. Organic light-emitting materials are the core materials of OLED panel manufacturing. Evaporation source is the core component of evaporation machine, which is the key equipment of OLED panel manufacturing. The Company distributes its products within the domestic market and to overseas markets.
A consortium of investors acquired a 3% stake in Jilin OLED Material Tech Co., Ltd. from Changchun Juhai Investment Partnership Enterprise (Limited Partnership), Xuan Jingquan, Xuan Lingyi and Li Jixuan for approximately CNY 130 million
JILIN OLED MATERIAL TECH CO., LTD. 
