Aurora intends to raise nearly 300 million for the construction of the PSPI project and supplemental inflow.

date
11/09/2025
In September 2025, Jilin Orad Light-Emitting Materials Co., Ltd. issued a feasibility analysis report for the use of funds raised through a simple process to a specific group of investors. The company plans to raise a total of 299.8621 million yuan, with 239.8621 million yuan allocated to the OLED core material PSPI production base project and 60 million yuan for supplementary working capital. The construction period of the PSPI project is 3 years, and once completed, it will enhance the production capacity of PSPI materials, reduce reliance on imported materials domestically, and meet the demand of downstream markets. The supplementary working capital will meet the needs of business development and optimize the capital structure. This fundraising will strengthen the company's production layout, enhance competitiveness, and although it may dilute short-term profit indicators, in the long run, it will increase profitability and sustainable development capabilities.