TAICHUNG CITY, Taiwan, May 26, 2026 (GLOBE NEWSWIRE) -- J-Star Holding Co., Ltd. (NASDAQ:YMAT) ("J-Star" or the "Company") today announced that its subsidiary YMA Corporation has received formal authorization from the Central Bank of Taiwan to initiate under the Sovereign-Backed financing framework for the Company's strategic U.S. infrastructure expansion initiative under YMA(TX) INC.

Pursuant to the formal authorization from the Central Bank of Taiwan, the Company is preparing to select a designated domestic banking institution to proceed with the formal application process for a $60 million U.S. dollar loan facility. The financing is intended to support the development of a 100MWh solid-state battery ("SSB") manufacturing line in Baytown, Texas, within the Greater Houston industrial corridor.

The planned manufacturing facility will operate under YMA(TX) INC. and represents a total projected infrastructure investment of approximately US$122.5 million.

Project Overview

Project Anchor: Construction and deployment of a 100MWh solid-state battery manufacturing line in Baytown, Houston, Texas

Operating Entity: YMA(TX) INC.

Total Facility Value: US$122,500,000

Central Bank Financing Allocation: US$60,000,000

Financing Structure: U.S. currency loan facility authorized under Central Bank of Taiwan regulatory guidelines for strategic overseas infrastructure investment and advanced manufacturing expansion

Under the administrative framework outlined by the Central Bank of Taiwan, the Company's selected domestic designated bank will initiate ...