Jiangxi Yueci Magnetic Material Technology Co., Ltd. referred to as "YUECI KEJI", was established in December 2016 with a registered capital of RMB148 million and a production capacity of 8,000 tons, YUECI KEJI is a rare earth new material and application enterprise which integrates research and development, production, and sales of rare earth permanent magnet materials, permanent magnet motors and intelligent equipment in the magnetic material industry. YUECI KEJl adheres to the development philosophy of "integrity, pragmatism, professionalism, and concentration" and practices the quality policy of "people-oriented, scientific management, innovative development, and pursuit of excellence", and is committed to becoming a designer, manufacturer and leader of rare earth permanent magnet application fields and industries in the world.YUECI KEJI launched its IPO listing process in 2021.