HONG KONG, Jun 3, 2026 - (ACN Newswire via SeaPRwire.com) - The Hong Kong University of Science and Technology (HKUST) and Suzhou Calmcar Electronics Technology Co., Limited (CalmCar) yesterday officially signed a strategic agreement to jointly establish the Physical AI Innovation Center. The Center is dedicated to advancing full-stack physical AI technologies, addressing fundamental bottlenecks in current AI, including an insufficient understanding of the laws of the physical world, limited reasoning capabilities, and a lack of reliable support for action and decision-making.The Center will build a new-generation physical AI technology foundation capable of understanding, predicting, reasoning, and decision-making, supporting strategic industries such as autonomous driving, robotics, and smart manufacturing, while helping position Hong Kong as a key strategic hub for national physical AI innovation.Multidimensional Research Directions: Full-Stack Layout from Chips to ApplicationsThe Center will pursue research covering chips and systems, foundational models and data, privacy protection and safety governance, as well as core application scenarios. By exploring and leveraging world models to build high-fidelity strategy validation and interactive reasoning capabilities, the Center aims to train AI in virtual environments before transferring capabilities to the real world-significantly improving AI‘s generalizability, interpretability, and reliability in complex and open environments, and building a long-term technical foundation for a wide range of intelligent applications.The Center’s ambition is to become a global strategic hub for physical AI innovation, leading the development of industry benchmarks and open-source platforms, and cultivating internationally competitive talent in physical AI.Based in Hong Kong, Serving the National “AI+” StrategyThe Center will actively serve the national “AI+” strategy, positioning itself with Hong Kong as its base, the Greater Bay Area as its hinterland, and the world as its stage. It strives to become a strategic highland for physical AI research in the Asia-Pacific region and an international hub for collaboration. The Center will establish end-to-end capabilities from fundamental research to industrial deployment, providing unified technical standards and common tools for the industry. Leveraging Hong Kong’s global connectivity and the Greater Bay Area’s comprehensive industrial supply chain, the Center will accelerate technology transfer and build a world-leading research and innovation center for physical intelligence.World-Class Academic LeadershipThe Center is led by Prof. GUO Song – Fellow of the Canadian Academy of Engineering, Foreign Member of the European Academy of Sciences (EU), IEEE Fellow, and Chair Professor in the Department of Computer Science and Engineering at HKUST – who serves as its director. Prof. Guo has long been engaged in distributed computing, edge AI, and multi-modal foundation models, dedicated to solving the challenges of generalization and reliability of AI in real-world physical environments.He is a recipient of the IEEE Edward J. McCluskey Technical Achievement Award, one of the highest honors in computer engineering, and is widely recognized as an international leader in the field. He also leads the Pervasive Intelligence Laboratory (PeiLAB), which has been based in Hong Kong for a decade and has produced substantial original achievements in physical world modeling, embodied reinforcement learning, and edge intelligent systems, providing a solid theoretical foundation for the Center’s research endeavors. Prof. Guo Song remarked: “Our pioneering ‘Physical Alignment’ technology upgrades generative video models into interactive world models, marking a shift in AI from ‘seeing the world’ to ‘acting on the world.’ By enabling infinite trial and error in virtual spaces, we provide a new paradigm for behavior prediction and safety planning in next-generation autonomous driving.” Prof. Zheng Weimin stated that physical AI will be a major strategic direction following general-purpose foundation models. He then presided over the handshake and group photo ceremony between the Strategic Advisory Committee and the Innovation Center, marking the field’s official entry into a new phase of industry-academia-research integration. He expressed hope that the Center will continue to make significant contribution to the national AI strategy.The Center has invited Prof. ZHENG Weimin—Senior Member of the Chinese Academy of Engineering, 10th President of the China Computer Federation (CCF), and Professor at Tsinghua University—to chair its Strategic Committee. Prof. GUO Yike—Foreign Member of the Chinese Academy of Engineering, Fellow of the Royal Academy of Engineering (UK) and the European Academy of Sciences (EU), and Provost of HKUST—serves as the University Advisor to the Center, providing strong support.Other Strategic Committee advisors include Prof. Xuemin (Sherman) SHEN—Foreign Member of the Chinese Academy of Engineering, Fellow of the Royal Society of Canada, Fellow of the Canadian Academy of Engineering, and Professor at the University of Waterloo; Dr. Bai-ning GUO—Fellow of the Royal Society of Canada, Microsoft Technical Fellow, Managing Deputy Director of Microsoft Research Asia, IEEE Fellow, and ACM Fellow; and Prof. David Atienza ALONSO — Fellow of the European Academy of Sciences, IEEE Fellow, ACM Fellow, Professor of Electrical and Computer Engineering at EPFL, and Associate Vice President for Centers and Platforms at EPFL.From Perception to Understanding: Driving the Evolution of Intelligent SystemsUnlike traditional AI that relies on massive data fitting, physical AI emphasizes a model’s ability to understand dynamic real-world laws and causal structures. Physical AI is driving intelligent systems beyond perception and recognition toward dynamic prediction, interactive reasoning, and autonomous decision-making grounded in physical consistency. As a key enabling technology, world models simulate and anticipate environmental dynamics, providing a foundation for policy learning and validation in complex scenarios while enhancing generalization and reliability in distributed settings.Leveraging the Physical AI Innovation Center, CalmCar—as a co-founder of the Center— will take the lead in applying these technologies to autonomous driving, enabling vehicles not only to perceive their surroundings but also to understand physical causality and anticipate the evolution of traffic scenarios, thereby advancing from perception to cognition.Looking ahead, the Center is committed to building partnerships with a broader range of industry partners, validating and refining physical AI technologies across diverse application scenarios, driving innovation in world model methodologies, and fostering the sustainable integration of physical AI technologies with the industrial ecosystem.Unveiling Ceremony: Witnessed by Leaders from Government, Academia, and IndustryThe unveiling ceremony brought together government leaders, leading academics, industry executives, and investment professionals. Representatives from HKUST and CalmCar’s founding team jointly unveiled the Center. Distinguished guests, including Mr. Duncan CHIU, Legislative Council Member (Technology & Innovation) of Hong Kong, and Mr. CHEN Xu, Executive Deputy Director of the Guangzhou Greater Bay Area Office, witnessed the launch of the initiative.As a core strategic partner in establishing the Center, Lion X Ventures has been deeply involved in its preparation and ecosystem building throughout the process. Leveraging its industry resources, cross-border reach, and capital expertise, Lion X Ventures provides comprehensive support for the Center’s operations and development, laying a solid foundation for its long-term growth.The high-caliber presence of leaders from government, academia, industry, and investment community, combined with the strategic support of top investment institutions, fully demonstrates the Center’s industry standing, resource depth, and strategic value. It also marks the official launch of a collaborative innovation ecosystem in the Greater Bay Area led by HKUST’s physical AI technologies. The HKUST-CalmCar Physical AI Innovation Center inauguration ceremony(From left to right: Ms. Diana WU, CEO of HSBC Hong Kong; Mr. Duncan CHIU, Legislative Council Member (Technology & Innovation) of Hong Kong; Mr. Terry TSANG, HKUST Court Member and Chairman of the Convocation, CEO of Madhead; Prof. ZHOU Xiaofang, Head of the Department of Computer Science and Engineering at HKUST; Prof. ZHENG Weimin, Academician of the Chinese Academy of Engineering, former Chairman of the China Computer Federation, Professor at Tsinghua University; Mr. WANG Xi, Chairman and CEO of CalmCar; Prof. Guo Yike, Provost of HKUST; Prof. Tim CHENG, Vice-President for Research and Development of HKUST; Prof. Guo Song, Chair Professor of the Department of Computer Science and Engineering at HKUST and Director of the Physical AI Innovation Center; Mr. CHEN Xu, Executive Deputy Director of the Guangzhou Greater Bay Area Office; Mr. Daniel KWAN, Global Head of Mid-Capital and Equity Investment at OCBC; Ms. GUO Yanni, CEO of Lion X Ventures) Prof. Tim Cheng stated: “Physical intelligence will be a core force reshaping human society over the next decade. We have chosen this moment to fully commit to this direction—not merely to build a strong research organization, but to define a new research field from our own perspective. I believe that, years from now, when we look back on today, this will be remembered as an important moment in HKUST’s history.”The gathering of leaders from academia, industry, and investment underscores the significance and impact of this collaboration. The establishment of the Center is not only a milestone in university-industry collaboration but also a model for technology exchange and innovation between Shanghai and Hong Kong. The launch ceremony of the Industry-Research Alliance The launch ceremony of the Capital AllianceThe ceremony also marked the launch of the Industry-Research Alliance and the Capital Alliance, jointly initiated by HKUST, CalmCar, and other leading institutions. The inaugural industry partners include Tsinghua University, Microsoft Research Asia, 51WORLD (6651.HK), MetaX Integrated Circuits (688802.SH), Arm China, and Huixi Technology. Participating investment institutions include HSBC (0005.HK), Lion X Ventures, Dragonstone Capital, GPTX Investment, Delian Capital, G70 MFO, WeMove Capital, and Great Filter Venture.This marks the official launch of a collaborative innovation ecosystem spanning industry, academia, research, and application in the field of physical AI.The Industry-Research Alliance will focus on technology breakthroughs and scenario deployment, while the Capital Alliance will provide funding and commercialization pathways for leading technologies. In terms of talent development, both sides will build an industrial training system aligned with international standards, with CalmCar providing real-world engineering scenarios and hands-on opportunities, thereby nurturing a talent pipeline that spans basic research, technology development, and application deployment.The establishment of the Physical AI Innovation Center will further promote technology exchange and resource integration between Hong Kong and the Chinese Mainland in the most advanced frontier of physical AI. It aims to attract partners across the entire industrial chain and create an open, win-win ecosystem for the physical AI industry.About The Hong Kong University of Science and TechnologyThe Hong Kong University of Science and Technology (HKUST) (https://www.hkust.edu.hk/) is a world-class university known for its innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 6th in the QS Asia University Rankings 2026, 3rd in the Times Higher Education’s Young University Rankings 2024, and 19th globally and 1st in Hong Kong in the Times Higher Education’s Impact Rankings 2025. Eleven HKUST subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2026. In addition, in the Times Higher Education World University Rankings by Subject 2026, HKUST’s Computer Science discipline which encompasses areas such as artificial intelligence and machine learning, has been ranked No. 1 in Hong Kong for ten consecutive years. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “internationally excellent” or “world leading” in the Research Assessment Exercise 2020 of the Hong Kong’s University Grants Committee. As of May 2026, HKUST members have founded over 1,900 active start-ups, including 11 Unicorns and 22 exits (IPO or M&A).About CalmCarSuzhou Calmcar Electronics Technology Co., Limited (CalmCar) was founded in 2016 and is a leading software-focused provider of L2-L2+ and L4 driving solutions in China. By 2024 installation volume, it ranks as the country’s second largest software-focused provider that offers both driving and parking solutions, and the first Chinese provider to deliver mass-production L2-L2+ solutions overseas. The company focuses on key autonomous driving technologies, offering driving, parking, and intelligent cockpit solutions with integrated driver monitoring systems (DMS), as well as L4 applications including robobuses, robotrucks, robotaxis, and robosweepers. CalmCar has partnered with over 30 vehicle manufacturers, including nine of China’s top ten automakers by sales in 2024. Its strategic investors include ZF, SAIC North America, SAIC Hengxu, BAIC Capital, China Unicom, Horizon Robotics, China TransInfo, SenseTime, Lion X Ventures, OCBC, and other leading industry players, providing solid support for innovation and global expansion.About Lion X VenturesLion X Ventures is a professional venture capital institution rooted in industry and focused on cross-border investment. It targets Southeast Asia’s digital economy and high-end manufacturing sectors. Riding on the trend of Chinese enterprises expanding into Southeast Asia, we deliver capital support, industrial resources and global landing solutions for high-potential startups and growth-stage companies.Founded in 2019, Lion Partners is the parent entity of Lion X Ventures. As a value investor dedicated to growth-oriented innovative enterprises, it is also a pioneer in joint investment across the digital economy and industrial ecosystem. We maintain a long-term focus on next-generation information technology, industrial digitalization, consumer tech and advanced manufacturing, while actively expanding our footprint in green technology and carbon neutrality.Backed by resources from leading financial groups in Southeast Asia, we adopt a co-management fund model partnered with industry leaders. With profound industrial insights, we empower portfolio companies and build a two-way interactive industrial ecosystem connecting China and Southeast Asia, ultimately achieving win-win outcomes for capital, industries and regional development. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

OTTAWA, ON, June 3, 2026 - (ACN Newswire via SeaPRwire.com) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce that it has executed a non-repayable Contribution Agreement (the "Agreement") with Natural Resources Canada ("NRCan") under the Government of Canada's newly established First and Last Mile Fund ("FLMF"), formerly the Critical Minerals Infrastructure Fund, securing up to $1,378,700 in non-dilutive federal funding (the "Funding") to advance critical transportation and energy infrastructure planning under the Project Titled Lac Knife Graphite Mine Access Road and Hydro Connection (the "Project") for the Company's flagship Lac Knife Graphite Project ("Lac Knife") in northeastern Quebec.The Funding will support engineering, environmental, permitting, community engagement and feasibility activities required to advance the planned all-season access road and Hydro-Quebec grid connection toward a construction-ready, shovel-ready stage. Once completed, these pre-development activities are expected to materially de-risk future infrastructure development and significantly advance Lac Knife's pathway toward future construction, development financing, strategic partnerships and operation.The Funding forms part of the Government of Canada's recently announced C$3.6 billion Critical Minerals Investment Package, unveiled at the 2026 Prospectors & Developers Association of Canada (PDAC) Convention by the Honourable Tim Hodgson, Minister of Energy and Natural Resources. A cornerstone of the package is the C$1.5 billion FLMF, established to advance enabling infrastructure that moves strategic critical mineral projects toward construction readiness while strengthening domestic supply chains and supporting Canada's economic, defence and national security objectives."We are honoured to receive this support from the Government of Canada, which recognizes the strategic importance of the Lac Knife project to the North American critical minerals supply chain," said Dean Hanisch, Chief Executive Officer of Focus Graphite. "As we advance toward permitting and development, this funding is a strong endorsement of Focus Graphite's role in helping build a secure domestic supply of high-grade graphite. We are also fortunate to have existing road and power infrastructure, providing a significant advantage as we move closer to production."Lac Knife hosts one of North America's highest-grade natural graphite deposits and represents a strategically important source of natural graphite for North American and allied supply chains. Natural graphite is a foundational material for lithium-ion batteries, advanced manufacturing, energy storage systems, and a growing range of defence and dual-use technologies, making secure domestic supply increasingly important to Canada and its allies."The objective is simple: advance Lac Knife, reduce risk and preserve shareholder capital," said Jason Latkowcer, Vice President of Corporate Development of Focus Graphite. "Around the world, governments and industry are moving quickly to secure critical mineral supply chains. We've heard that message directly from allies and strategic stakeholders. There isn't time to waste. This funding helps move Lac Knife from planning toward execution. Early technical work has already identified opportunities to improve access, and we expect further optimization as engineering and infrastructure planning advances. This is another tangible step toward building a strategic graphite asset for Canada and its allies."A key component of the program includes collaboration with Indigenous communities, including the Innu Takuaikan Uashat mak Mani-Utenam ("ITUM"). The Project includes the establishment of joint technical and steering committees, Indigenous workforce participation initiatives, skills development programs, community consultation activities and support for Indigenous participation in the future development and operation of the planned infrastructure. These activities align with the objectives of the First and Last Mile Fund to advance Indigenous leadership, engagement and participation throughout the development of strategic critical mineral infrastructure."The development of Lac Knife is a perfect example of Canada's new mining era: a strategic project, developed to benefit local economies, sustainably, and in partnership with Indigenous Peoples, along with advancing Canada's role as a reliable global supplier of critical minerals," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. "By investing in the infrastructure and early work needed to advance this high-grade graphite project, we are reducing risk, accelerating development, and helping to build a secure, end-to-end supply chain-from mine to market. This is how we strengthen economic and supply chain security for decades to come."The infrastructure initiative is expected to deliver multiple long-term benefits to Canada and Quebec. The proposed access road will establish reliable year-round access to the Lac Knife site, while the future transmission connection will support the electrification of mining operations through Quebec's hydroelectric grid, reducing reliance on diesel-powered infrastructure and strengthening the sustainability, resilience and security of Canada's critical minerals supply chain. The planned infrastructure is expected to support future production, improve regional access and contribute to long-term economic development opportunities across Quebec's North Shore region.Federal Funding DetailsUnder the executed Agreement, NRCan will provide up to C$1,378,700 in non-repayable funding, representing approximately 50% of total eligible Project costs. Focus Graphite will contribute an equivalent amount toward the Project. The Agreement represents another important step in advancing Lac Knife and reinforces Canada's commitment to developing secure domestic critical mineral supply chains from extraction through processing and delivery into North American and allied markets.Funding will support the full work program outlined in the Agreement, including feasibility and engineering studies, environmental baseline work, geotechnical and LiDAR surveys, stakeholder engagement, regulatory and permitting activities and detailed infrastructure design. These activities are expected to culminate in finalized engineering plans, environmental assessments, community approvals and permit applications required to support future construction decisions.The Project is scheduled to continue through March 2028.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures an eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comLinkedIn: https://www.linkedin.com/company/focus-graphite/ X: https://x.com/focusgraphiteInvestors Contact: Dean Hanisch CEO, Focus Graphite Inc. dhanisch@focusgraphite.com +1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things: the anticipated receipt and use of funding under the Contribution Agreement with Natural Resources Canada; the completion of the activities contemplated under the Lac Knife Graphite Mine Access Road and Hydro Connection Project; the advancement of the Lac Knife Graphite Project toward construction-ready and shovel-ready status; the completion of engineering, environmental, permitting, stakeholder engagement and feasibility activities; the anticipated benefits of the planned access road and Hydro-Québec grid connection; the Company's ability to secure required approvals, permits and community support; the timing and completion of the Project work program; the potential for future development financing, government funding, strategic partnerships and offtake arrangements; the future development, construction and operation of the Lac Knife Project; the role of Lac Knife in supporting domestic and allied critical mineral supply chains; and the Company's ability to pursue additional non-dilutive funding opportunities and execute its long-term development strategy.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299885 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Astana, Kazakhstan, Jun 2, 2026 - (ACN Newswire via SeaPRwire.com) - A business delegation led by the Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, and organised by the Hong Kong Trade Development Council (HKTDC), began its visit to Astana, the capital of Kazakhstan, on 1 June. During the visit, a total of 43 memoranda of understanding (MoUs) and announcements were signed, covering areas including trade and commerce, investment, financial services, technology, aviation, and green finance. These agreements further strengthened trade, economic and industrial cooperation among Hong Kong, Chinese Mainland and Kazakhstan, fully leveraging Hong Kong’s unique role as the country’s two-way services platform and supporting enterprises in tapping opportunities in Central Asia.The delegation will conclude its Kazakhstan visit tomorrow and depart for Uzbekistan to further explore business and trade cooperation among Hong Kong, Chinese Mainland and Central Asian countries under the Belt and Road Initiative.To promote business collaboration, the HKSAR Government and the HKTDC jointly hosted a business luncheon today, attracting more than 300 business leaders and senior officials.John Lee, the Chief Executive of the HKSAR, said at the luncheon: “Kazakhstan has, for centuries, connected Eastern and Western civilisations, serving as a bridge of commerce, culture and innovative ideas. That legacy continues today. From the port of Khorgos to the Trans-Caspian International Transport Route, Kazakhstan is now a business and logistics hub linking China, our country, and Europe. Rich in oil and mineral resources, and rapidly developing and diversifying, Kazakhstan is a regional economic powerhouse. Hong Kong, a pivotal player in the Belt and Road Initiative, looks forward to working with Kazakhstan in creating mutual opportunities.”Prof Frederick Ma, Chairman of the HKTDC, said: “Kazakhstan is the largest economy in Central Asia, accounting for 53% of the region’s GDP in 2025. Under its Kazakhstan 2050 Strategy, the country is actively promoting economic diversification, with the goal of becoming one of the world’s top 30 most developed economies by 2050, demonstrating strong growth potential. This visit has enhanced local enterprises’ understanding of Hong Kong’s advantages as a superconnector and super value-adder. Under the Belt and Road Initiative, we believe substantial cooperation opportunities will emerge across various sectors, including logistics infrastructure, green finance, digital economy, agricultural upgrading and food processing. The model of Mainland enterprises going global with Hong Kong while leveraging the HKTDC platform will create new opportunities for collaboration with Central Asia.”Following previous visits to Qatar and Kuwait last year, this delegation once again brings together the strengths of Hong Kong and Mainland enterprises. The delegation comprises 70 business leaders from Hong Kong and enterprise representatives from 17 provinces and municipalities across the Chinese Mainland, covering a wide spectrum of sectors, including financial and professional services, logistics and transportation, innovation and technology, trade, green industries, energy and mining, biopharmaceuticals, the automotive industry as well as the media. For the first time, representatives from journalism associations, including The Newspaper Society of Hong Kong and the Hong Kong News Executives’ Association, have joined the delegation, in line with the Policy Address’s initiative to enable local media to develop their overseas network and tell the Hong Kong story.During their stay in Kazakhstan, the delegation met with senior representatives from government bodies, chambers of commerce and major corporations, including the National Chamber of Entrepreneurs of the Republic of Kazakhstan ‘Atameken’, ‘Baiterek’ National Investment Holding, Halyk Bank and Samruk-Kazyna. They exchanged views on strengthening bilateral trade ties and industrial collaboration and explored opportunities to leverage Hong Kong as a platform for broader regional cooperation.The delegation also visited Astana Hub and the Astana International Financial Centre (AIFC) to gain insights into the latest developments in innovation and technology as well as financial services in Kazakhstan.According to available data, Kazakhstan’s GDP is projected to grow by 4.6% in 2026, reaching approximately US$360.5 billion, to maintain its position as the largest economy in Central Asia and among the world’s top 50 economies. Uzbekistan’s GDP is forecast to grow by 6.5% in 2026, reaching approximately US$181.5 billion, with its GDP in US dollar terms having doubled between 2017 and 2025. Overall, the IMF forecasts GDP growth for Central Asia and the Caucasus at 6.2% in 2025 and 4.8% in 2026, higher than the global average of 3.1%. During its Kazakhstan visit, the delegation facilitated 43 MoUs and announcements, including:1.Hong Kong Trade Development Council (HKTDC) and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"2.Hong Kong Trade Development Council (HKTDC) and Astana International Financial Centre (AIFC)3.Hong Kong Trade Development Council (HKTDC) and Satbayev University4.Airport Authority and Almaty International Airport5.Belt and Road General Chamber of Commerce and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"6.Belt and Road General Chamber of Commerce and Commex HK Link Digital Trading Company Limited and Eurasian Trading System Export” International Commodity Exchange (ETSE)7.Belt and Road General Chamber of Commerce and JINGSH CONSULTING LLP8.Chinese Manufacturers Association and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"9.Cyberport and Astana Hub10.Federation of Hong Kong Industries (FHKI) and Ministry of Artificial Intelligence and Digital Development in Kazakhstan11.Hong Kong Exchange and Clearing Limited and Astana International Exchange (AIX)12.Hong Kong Exchange and Clearing Limited and Astana International Financial Centre (AIFC)13.Hong Kong Science and Technology Parks and Astana Hub14.Hong Kong-Shenzhen Innovation and Technology Park Ltd. and Astana Hub15.The Hong Kong General Chamber of Commerce and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"16.Law Society of Hong Kong and National Bar Association of Kazakhstan17.BOCHK and Bank of China Kazakhstan and Baiterek18.BOCHK and Bank of China Kazakhstan and Samruk Kazyna19.Bosera International Asset Management Limited and JSC "Halyk Bank of Kazakhstan"20.Cathay Pacific and Almaty International Airport and Almaty City Government (Tourism Development)21.China International Capital Corporation Limited and Freedom Holdings22.China International Capital Corporation Limited and Samruk Kazyna23.China International Capital Corporation Limited and Astana International Financial Centre (AIFC)24.China International Capital Corporation Limited and Air Astana25.Deloitte and Universal Energy Co., Ltd.26.Ewpartners Investment Management Limited and Dasco Capital Ltd.27.Ewpartners Investment Management Limited and Astana International Financial Centre (AIFC)28.Goldford Group and Gas Energy Solution LLP29.Hong Kong News executives’ Association and The Newspaper Society of Hong Kong and Khabar Agency JSC30.Jardine Matheson and KIDF31.Jiaxin International Resources Investment Limited and Industry and Construction of the Republic of Kazakhstan32.Koln 3D Technology (Medical) Limited and Kazakh Research Institute of Oncology and Radiology33.PCCW and Kazakhtelecom34.PCCW and Khabar Agency JSC35.SCMP and Astana International Financial Centre (AIFC)36.SCMP and GOBI PARTNERS and Astana Hub and Khan Tengri Innovation Hub37.Soy-Sky FarmTech Company Limited (Hong Kong) and JSC NC Food Contract Corporation of Kazakhstan38.Standard Chartered Bank and Development Bank of Kazakhstan39.Templewater and Freedom Holdings40.The Standard and Freedom Horizons41.Standard Chartered Bank and Hangzhou CIEC Group Co., Ltd.42.Walvax Biotechnology Co., Ltd. and Gold Astrum LLC43.Ewpartners Investment Management Limited and Jiangsu Solicitude Medical Technology (Group) Limited and Samruk-Kazyna Invest LLPIn addition, during the Central Asia visit, non-delegation members also signed a number of MoUs in academic, cultural or other collaboration areas:1.A-Grade Energy Ltd and Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan2.A-Grade Energy Ltd and Freedom Holdings3.China Mobile International Limited and Qazpost-YTO4.HKT and Education University of Hong Kong5.City University of Hong Kong and JSC "Center for International Programs under the Ministry of Science and Higher Education of the Republic of Kazakhstan6.City University of Hong Kong and Satbayev University7.Education University of Hong Kong and Nazarbayev University8.Hong Kong Polytechnic University and Nazarbayev University9.Thei and BILIM-INNOVATION International Social Foundation10.Thei and L.N. Gumilyov Eurasian National UniversityPhoto download: https://bit.ly/49zcFUnDuring its visit to Kazakhstan, the delegation facilitated 43 memoranda of understanding (MoUs) and announcementsTo promote business collaboration, the HKSAR Government and the HKTDC jointly hosted a business luncheon, attracting more than 300 local business leaders and senior officials. John Lee, the Chief Executive of the HKSAR, said at the luncheon: “Kazakhstan has, for centuries, connected Eastern and Western civilisations, serving as a bridge of commerce, culture and innovative ideas. That legacy continues today. From the port of Khorgos to the Trans-Caspian International Transport Route, Kazakhstan is now a business and logistics hub linking China, our country, and Europe. Rich in oil and mineral resources, and rapidly developing and diversifying, Kazakhstan is a regional economic powerhouse. Hong Kong, a pivotal player in the Belt and Road Initiative, looks forward to working with Kazakhstan in creating mutual opportunities.”Prof Frederick Ma, Chairman of the HKTDC, said at the luncheon: “Kazakhstan is the largest economy in Central Asia, accounting for 53% of the region’s GDP in 2025. Under its Kazakhstan 2050 Strategy, the country is actively promoting economic diversification, with the goal of becoming one of the world’s top 30 most developed economies by 2050, demonstrating strong growth potential. This visit has enhanced local enterprises’ understanding of Hong Kong’s advantages as a superconnector and super value-adder. Under the Belt and Road Initiative, we believe substantial cooperation opportunities will emerge across various sectors, including logistics infrastructure, green finance, digital economy, agricultural upgrading and food processing. The model of Mainland enterprises going global with Hong Kong while leveraging the HKTDC platform will create new opportunities for collaboration with Central Asia.”The delegation visited Astana Hub to gain insights into the latest developments in the innovation and technology sectorMedia enquiriesHKTDC’s Communications & Public Affairs Department:Johnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.orgSerena Cheung Tel: (852) 2584 4272 Email: serena.hm.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SINGAPORE, June 2, 2026 - (ACN Newswire via SeaPRwire.com) - For many in Singapore, a home makeover is more than just a fresh coat of paint; it is an investment in comfort and property value. Understanding how to navigate the financing landscape ensures you can complete your project without compromising your long-term financial stability.Thus, selecting the suitable personal loans in Singapore for home renovations requires a careful balance of flexibility, speed, and cost. While specific renovation loans exist, many homeowners find that the appropriate personal loans offer the versatility needed to cover both structural works and the finishing touches that a dedicated renovation loan might exclude.The strategies below focus on how to evaluate and choose the suitable Personal Loan for your renovation needs.Evaluate total project scope against loan limitsBefore applying for financing, it is essential to determine whether your renovation vision fits within the constraints of a traditional renovation loan. In Singapore, dedicated renovation loans are typically capped at SGD 30,000 or six times your monthly income, whichever is lower.If you are renovating a 4-room resale HDB or a mid-sized condo, costs can easily exceed SGD 50,000 to SGD 80,000. In these scenarios, seeking the appropriate personal loan is often more practical. Personal loans in Singapore can offer much higher ceilings, sometimes up to SGD 200,000 or eight times your monthly income for high earners, providing the necessary capital for extensive remodelling, subject to bank policies and eligibility.Prioritise usage flexibilityOne of the significant advantages of a personal loan over a specialised renovation loan is the freedom to use the funds as you see fit.Renovation Loans: These are strictly for structural or built-in works, such as flooring, tiling, and electrical wiring. The bank often pays the contractor directly via cashier's orders, meaning you never handle the cash.Personal Loans: These funds are disbursed directly into your bank account. This allows you to pay for specific items that renovation loans typically exclude, such as designer furniture, smart appliances, and decorative lighting.Compare Effective Interest Rate (EIR)When selecting a loan, do not be swayed by the flat interest rate alone. The true cost of borrowing is reflected in the Effective Interest Rate (EIR), which accounts for processing fees and the compounding nature of interest.In Singapore's competitive 2026 market, some of the personal loans offer attractive flat rates from 1.00% p.a. with EIRs from 1.93% p.a. Always check if the bank offers a $0 processing fee promotion, as this can significantly lower the EIR and keep your initial cash flow healthy.Consolidate multiple renovation costsA major renovation often creates several different bills, from furniture store instalments to contractor payment plans. Managing multiple due dates and interest rates can feel overwhelming once the work concludes.Choosing the appropriate personal loan allows you to combine these different costs into one simple monthly payment. This strategy makes it easier to track your money and often secure a lower interest rate than retail credit plans. By centralising your debt, this may help reduce missed payments and improve visibility over repayment obligations.A faster application made easy with digital toolsThe modern Singaporean financial landscape values speed and efficiency. Many homeowners now use digital application tools to streamline the loan application process.Lenders that integrate with MyInfo may help streamline the approval process and facilitate faster disbursement of funds, subject to credit assessment and eligibility criteria. This can help reduce potential delays in renovation timeline and support timely settlement of contractor invoices, where required.Match repayment tenures to your cash flowMost personal loans in Singapore offer flexible repayment tenures ranging from one to five years, with some lenders extending up to seven years.While a longer tenure reduces monthly commitment, it increases the total interest paid over the life of the loan. The key is to match your monthly instalments to your actual disposable income, thus maintaining a sufficient buffer for potential renovation cost overruns.Final thoughtsChoosing the right financing tool is just as important as choosing the right contractor. By prioritising flexibility and affordability, you can ensure your home transformation is both beautiful and financially sound.Disclaimer: This content is published by iQuanti Singapore Pte Ltd, an external marketer engaged and compensated by UOB Ltd.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Brisbane, Queensland, Australia, June 2, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that the Company has submitted an additional application to the United States Environmental Protection Agency ("EPA") for the manufacture and sale of graphene and graphene coatings (THERMAL-XR®), lubricants (G® LUBRICANT) and other graphene fluids in the United States.GMG has submitted a Significant New Use Notice ("SNUN") to the US EPA under pre-manufacture notice (PMN) P-25-0018. Under this application, GMG is seeking authorisation to manufacture, distribute, sell, use and dispose of graphene and graphene coatings, lubricants and fluids across multiple industries in the United States. GMG expects to obtain this approval by the end of June 2027.This application is in addition to the existing approval under PMN P-25-0018, which authorises the Company to export, distribute, sell, use and dispose of graphene coatings across multiple industries in the United States.Craig Nicol, CEO & Managing Director of the Company, commented: "Submitting the SNUN is a decisive step in our US strategy. This application, if approved, will grant GMG the authorisation to manufacture graphene domestically in the United States — not simply to export into the market, but to produce within it. That distinction matters. It positions GMG to serve US customers at scale, deepen our industrial footprint, and build a genuinely American supply chain for graphene-enabled products. We expect EPA approval by the end of June 2027 and are planning our commercial operations accordingly."Jack Perkowski, Chairman and Non-Executive Director of the Company, commented: "The United States is the most important market in the world for what GMG is building. This SNUN filing reflects our commitment to America — not just as a customer base, but as a centre of production, capital formation, and long-term growth. We are looking to the US to drive the next chapter of GMG's commercial expansion."About THERMAL-XR®:THERMAL-XR® ENHANCE coating system is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction. THERMAL-XR® ENHANCE is now patented for 20 years in Australia and is expected to be patented in other countries around the world.About G® LUBRICANT:G® LUBRICANT is what management believes to be a transformative graphene liquid concentrate additive designed to enhance the performance of diesel and gasoline (petrol) engines. This product has the potential to reshape the future of the global liquid fuels industry and offers an innovative solution that optimises efficiency and power for stationary or mobile engines. G® LUBRICANT, a graphene liquid concentrate that can be added to any mineral or synthetic oil used in an internal combustion engine in a 1:100 dosage, has been verified by the University of Queensland to increase fuel efficiency by up to 8.4% in a diesel engine, as announced in February 2025.1 G® LUBRICANT is now patented for 20 years in Europe, the US, and China.1RSU GrantsThe Company is also pleased to announce that following the annual remuneration review, its Board of Directors have approved the grant of an aggregate of 783,590 Restricted Share Units ("RSUs") to employees and directors of the Company pursuant to its Restricted Share and Performance Share Plan and the Stock Option Plan.When vested, each RSU entitles the holder thereof to receive one Share upon exercise in accordance with the Plan. The holder at their own discretion, and separately to the Company, may action those shares accordingly for their personal use.About GMG:GMG is an Australian-based clean-technology company that develops, manufactures and sells energy-saving and energy-storage solutions, enabled by graphene produced via its in-house production process. GMG uses its proprietary process to decompose natural gas (i.e., methane) into its natural elements — carbon (as graphene), hydrogen, and some residual hydrocarbon gases. This process produces high-quality, low-cost, scalable, tuneable, and low- to no-contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities and to secure market applications. In the energy savings segment, GMG has initially focused on a graphene-enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), which is now being marketed into other applications including electronic heat sinks, industrial process plants, and data centres. GMG has also developed a graphene lubricant additive focused on saving liquid fuels, initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively, with financial support from the Australian Government, to progress R&D and commercialisation of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes", "expects" or "anticipates", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would", or "will" "potentially" or "likely" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include, without limitation: GMG's ability to obtain EPA authorisation to manufacture, distribute, sell, use and dispose of graphene and graphene coatings, lubricants and fluids across multiple industries in the United States; GMG's expectation to obtain SNUN approval by the end of June 2027; and GMG's intention to progress its broader US commercialisation activities across its graphene product portfolio; GMG's intentions to develop commercial scale-up capabilities, GMG's focus in the energy savings segment, GMG's intentions for the use of graphene lubricant additive on saving liquid fuels, expectations for R&D and commercialization of G+AI Batteries, GMG's ability to improve the performance of lithium-ion batteries and GMG's critical business objectives.Such forward-looking statements are based on a number of assumptions of management, including the receipt of EPA approval of the SNUN filing. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors that may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that GMG does not receive, or does not receive on a timely basis, EPA approval of the SNUN, and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025, available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except as required by applicable securities laws.1 GMG, "GMG Unveils G® LUBRICANT Engine Performance Testing Results," February 2025, https://graphenemg.com/gmg-unveils-g-lubricant-engine-performance-testing-results-a-transformative-graphene-energy-saving-solution-for-the-multi-trillion-dollar-global-liquid-fuel-industry/To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299808 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com