A red electroluminescent material containing furan is characterized by having a structure represented as a formula (I), wherein M is Ir, Eu or Os, and m is 1-3; L is a bidentate chelation assisted ligand containing C and N or C and O; R1-R8 are H, D, F as well as alkyl, alkoxy, fluoroalkyl, silicyl, naphthenic base, cycloalkoxy, -CN and -NO2 with carbon number lower than 12, or are phenyl, alkyl substituted phenyl, thienyl, alkyl substituted thienyl, furyl, alkyl substituted furyl, fluorenyl, alkyl substituted fluorenyl, carbazolyl and alkyl substituted carbazolyl; in (R4)y, y ranges from 1 to 3, X is O, S, Se and Si, and n ranges from 0 to 7.