JLMAG was established in 2008 and currently is the biggest high-performance NdFeB manufacturer in the world which integrated R&D, production and sales. JLMAG is the only company in the NdFeB permanent magnet industry to be listed in both mainland (stock code: SZ300748) and Hong Kong (stock code: HK06680) China. JLMAG has four production bases which located in Ganzhou, Baotou, and Ningbo, the fifth plant in Mexico is under construction. The annual production capacity will reach 40,000 tons in 2025 and 60,000 tons in 2027.
JLMAG Innovation is the platform 100% owned by JLMAG Group. JLMAG Innovation is the global sales and trade platform and focus on new materials research and development. The main business includes magnetic materials and magnetic assembly, magnetic production equipment, motor and scrapped magnet recycle, overseas rare earth mining and trading, etc.