300748SZSE
🚨 Material Event

Announcement on the Election of Independent Directors for the Fourth Board of Directors

JL Mag Rare-Earth Co., Ltd.··3 pages

✨ AI Summary

Jiangxi Jinli Permanent Magnet Technology Co., Ltd. announces the election of Wang Yong as an independent director. This follows the resignation of Xu Feng and aims to improve corporate governance. Wang Yong will also chair the Nomination Committee and serve on the Strategy and Remuneration committees. His qualifications are pending review by the Shenzhen Stock Exchange.

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Full Translation

AI Translation· gemini_document

Securities Code: 300748

Securities Abbreviation: Jinli Permanent Magnet

Announcement Number: 2026-037

Jiangxi Jinli Permanent Magnet Technology Co., Ltd.

Announcement on the Election of Independent Directors for the Fourth Board of Directors

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.

Jiangxi Jinli Permanent Magnet Technology Co., Ltd. (hereinafter referred to as the "Company") held the 15th meeting of the Fourth Board of Directors on July 10, 2026, and deliberated on the "Proposal on the Election of Independent Directors for the Fourth Board of Directors". In view of Mr. Xu Feng's application to resign from his positions as an independent director of the Fourth Board of Directors, Chairman of the Nomination Committee, member of the Strategy Committee, and member of the Remuneration and Assessment Committee, in order to improve the company's governance structure and ensure the standardized operation of the company's board of directors, after review by the Nomination Committee of the Fourth Board of Directors, Mr. Wang Yong (resume attached) has been nominated as a candidate for independent director of the Fourth Board of Directors. His term of office shall commence from the date this proposal is approved by the Company's shareholders' meeting until the expiration of the term of the Fourth Board of Directors.

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