A system based on late transition-metal halides, phosphanes, water, and reducing agents in 1,2-dichlorobenzene can efficiently catalyze the intermolecular reductive coupling of fullerene with N-sulfonylaldimines to afford novel 1,2-hydrobenzylated fullerene derivatives. We found that both group VII B metals (cobalt, rhodium, iridium) and group VIII B metals (nickel, palladium, platinum) perform this coupling reaction. A control experiment in the absence of aldimines produced C60H2, which showed that the reaction might proceed via a fullerene metal complex [M(η2-C60)(ligand)]. An isotope labeling experiment with D2O as deuterium source resulted in deuterioaryzilation with deuterium bonded to the sp3-carbon of C60, providing evidence of a five-membered azametallacycle intermediate. Evaluation of the scope of reductive coupling reaction with versatile aldimines gave access to the hydroaryzilation products. All the reductive coupling products were completely characterized by IR and NMR spectroscopy and ESI mass spectrometry. A possible reaction mechanism based on these results is proposed. This discovery of the formation of reductive coupling compounds and metal-catalyzed formation of C60H2 are both new to metal catalysis and fullerene chemistry.