The board of directors of JL MAG RARE-EARTH CO., LTD. announced that in order to facilitate the strategy committee of the board of the company to better execute its works and fully carries out its functions, Mr. Hu Zhibin, Mr. Li Xinnong and Mr. Li Xiaoguang have been appointed as members of the strategy committee of the third session of the board. Their appointments are effective from the date of this announcement, and their term of office is consistent with that of the third session of the board.