Novel poly(ethynylene-phenylene-ethynylene-boranes) were prepared by polycondensation between bifunctional lithium acetylide and aryldimethoxyborane. The polymers obtained are expected as a novel type of organoboron Tc-conjugated polymers via vacant p-orbital of boron atom. The polymerization between dilithium 2,5-didodecyloxybenzene-1,4-diethynilide and tripyldimethoxyborane [tripyl=2,4,6-triisopropylphenyl] gave the corresponding polymer in 67% yield. From gel permeation chromatographic analysis (THF, PSt standards), the number-average molecular weight of the polymer was found to be 2700. In the UV-vis spectrum of the polymer tin chloroform at room temperature), an absorption maximum was observed at 397 nm. The fluorescence emission spectrum tin chloroform, room temperature, excitation wavelength at 400 nm) showed its lambda(max) at 456 nm in the visible blue region. The polymers obtained were very soluble in common organic solvents such as THF, chloroform and benzene.