China's Jilin Optical and Electronic Materials announced that it is set to raise 240 million Yuan (around $33 million USD) in a private placement of shares.
In 2020, Jilin Optical and Electronic Materials became public company when it started trading on the Shanghai STAR Market (ticker 688378). At its IPO, Jilin raised around $166 million, and the IPO was 3,426 times oversubscribed.
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Posted: Nov 03,2022 by Ron Mertens
