On November 26, JLMAG Rare Earth made an announcement on an interactive platform. The company, via its wholly-owned subsidiary JLMAG (Ningbo) Investment Co., Ltd., has secured a 1% investment interest in the Small and Medium-sized Enterprises Development Fund (Chengdu) Jiaozi Venture Capital Investment Partnership (a limited partnership). In the current setup, this fund possesses a 0.71% share in MetaX Integrated Circuits (Shanghai) Co., Ltd.
