JL MAG Rare-Earth Co., Ltd. engages in the manufacture and sale of high performance neodymium magnets. Its products are used for new energy vehicles and automotive parts, permanent magnetic wind turbine generators, energy-saving variable-frequency air conditioners, and other sectors. The company was founded by Zhi Bin Hu and Xin Nong Li on August 19, 2008 and is headquartered in Ganzhou, China.