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Shanghai Jade Bird Display (JBD) has recently proclaimed the successful closure of its B2 round of financing, amassing an impressive sum exceeding RMB 1 billion. This achievement marks a historic milestone, setting a new benchmark as the largest single financing round ever witnessed in the global MicroLED microdisplay industry.
The financing endeavor was primarily orchestrated by Hundun Capital and CITIC Goldstone, with significant contributions also flowing in from a host of esteemed institutions. These include CITIC Securities International Capital and CITIC Securities Investment, among others. The substantial influx of capital is earmarked to fuel accelerated innovation and facilitate rapid product iteration within the realm of MicroLED microdisplay technology.
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