JL Mag Rare-Earth Co., Ltd. Announces Board and Committee Changes
July 05, 2023 at 05:04 pm IST
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The board of directors of JL Mag Rare-Earth Co., Ltd. announced that, following the consideration and approval at the twentieth meeting of the third session of the Board of the Company, Mr. Zhu Yuhua has been appointed as a member of the Strategy Committee and the Audit Committee and chairman of the Remuneration and Appraisal Committee of the third session of the Board with the term of office same as that of the third session of the Board; and Ms. Cao Ying has been appointed as a member of the Nomination Committee and chairman of the Audit Committee of the third session
of the Board with the term of office same as that of the third session of the Board. Such appointments are effective from the date of this announcement, respectively. The appointments of Mr. Zhu Yuhua and Ms. Cao Ying as independent non-executive directors of the Company
(the "Directors"), respectively.
Jl Mag Rare-Earth Co Ltd is a China-based company mainly engaged in the production of high-performance rare earth permanent magnet materials. The Company focuses on the research and development, production and sales of high-performance Nd-Fe-B permanent magnet materials used in the global new energy, energy saving and environmental protection fields. The Company's products are widely used in new energy vehicles and auto parts, permanent magnet wind generators, energy-saving inverter air conditioners and other industries. The Company sales its products in the domestic and foreign market.
JL MAG RARE-EARTH CO., LTD. 
