This is a mount for iPhones with MagSafe compability. It works the same way the 40$ one Apple offers does. All you need is some magnets and glue. There are pins and corresponding holes on the model for easy assembly. I used two magnet rings and it holds my iPhone 14 Pro with a case prefectly.
Magnets I used: https://de.aliexpress.com/item/1005006054139808.html?spm=a2g0o.order_list.order_list_main.23.6de55c5fMc2ZlJ&gatewayAdapt=glo2deu