Jiangxi Joins New Material: Pioneering SmFeN Rare Earth Magnets with Innovation and Sustainability

In 2020, Jiangxi Joins New Material Co., Ltd was founded as a production base for SmFeN, a novel rare earth permanent magnet material. Due to its superior magnetic properties and stability, SmFeN is widely used in micro-special motors, magnetic sensors, magnetic functional tools, and other fields. Located in Ganzhou Economic and Technological Development Zone, Joins New Material acquired a 30 acres land plot, commenced construction in 2021, completed its main project in 2023, and gradually came into operation in 2024, with a planned annual production capacity of 2,000 tons of novel rare earth permanent magnet materials. Meanwhile, the company persists in continuous technological innovation and research and development investment, boasts a professional team of highly educated technicians, and has been recognized as a “National High-tech Enterprise,” “Jiangxi Provincial Specialized and New Small and Medium-sized Enterprise,” and “Jiangxi Provincial Seed Unicorn Enterprise.” It emphasizes intellectual property protection with over ten national patents applied for and actively participates in and supports the formulation and implementation of national standards, promoting the normalization, standardization, and sustainable development of the industry. As a drafting unit of multiple national standards such as GB/T 42668-2023, Samarium-iron-nitrogen Permanent Magnetic Powder for Bonded Magnet, the company contributes to the industry’s development and progress. In the future, the company will continue to increase research and development investment, innovate processes, expand production capacity, expand domestic and foreign markets, strengthen cooperation with upstream and downstream enterprises, and promote the transformation, upgrading, and high-quality development of China’s magnetic materials industry.