DeHeng Advised Oled on Listing on the SSE STAR Market

2020-09-03

On September 3, 2020, Jilin Oled Material Tech Co., Ltd. ("Oled", stock code: 688378) was listed on the STAR Market of the Shanghai Stock Exchange. For the initial public offering, Oled issued 18.2842 million shares at the price of RMB 62.57 per share, raising RMB 1.144 billion.

Founded in 2008, Oled is mainly engaged in the R&D, manufacturing, sales and after-sales technical services of organic electroluminescent materials and evaporation source equipment in the upstream of the organic light emitting diode (OLED) industry. In the field of organic electroluminescent materials, after years of accumulation and development, Oled has become one of the few domestic companies that can independently produce various types of organic electroluminescent materials for end use, with country-leading technology. In the field of evaporation source equipment, it broke the foreign monopoly of linear evaporation source equipment. It developed and produced China's first G6.0 linear evaporation source product whose performance indicators have reached the world-advanced level.

As the issuer's legal counsel, the DeHeng team, composed mainly of partners Zhang Jiejun, Gu Yatao, Qiu Ru, and Liu Yuanjun, provided professional, high-quality and efficient legal services for the IPO.