Xitai Technology Completes Over RMB 1 Billion Series A Financing

Xitai Technology announced the successful completion of its Series A financing, with a financing amount of more than 1 billion yuan. This round of financing was invested by Wuhu Construction Investment, Sichuan Manufacturing Fund and other institutions, and is mainly used for the construction and operation of 12-inch silicon-based OLED production lines. Xitai Technology is one of the first companies in China to enter the silicon-based OLED field, and currently has a technical team of more than 300 people.