Material Information

2020-05-12

YFY Inc. announces the Board's resolution of convening 2020 annual general shareholders' meeting (Update new motion)

1.Date of the board of directors resolution:2020/05/12
2.Date for convening the shareholders' meeting:2020/06/22
3.Location for convening the shareholders' meeting:
5F, No.24, Sec. 1, Hangzhou S. Rd., Taipei , Taiwan (GIS MOTC
Convention Center)
4.Cause or subjects for convening the meeting
(1)Report Items:
a. Report of 2019 business & financial statements
b. Audit Committee report of 2019 audited financial report
c. Report of the employees & directors' remuneration for year 2019
d. Report of the amendment Procedure for the Board Specifications
5.Cause or subjects for convening the meeting
(2)Matters for Ratification:
a. Ratification of operating reports and financial statements for year 2019
b. Ratification of earnings appropriation for year 2019
6.Cause or subjects for convening the meeting
(3)Matters for Discussion:
a.Amendment to the Rules of Procedure for the Shareholders' Meeting
b.To conduct the IPO plans of YFY’s subsidiaries, Yuen Foong Yu Consumer
Products Co., Ltd. and YFY Packaging Inc., the Company shall propose
the share release plan by installments and withdraw from participating
in the cash capitalization of new shares issuance plan of the
subsidiaries.(New Motion)
7.Cause or subjects for convening the meeting
(4)Elections:None
8.Cause or subjects for convening the meeting
(5)Other Proposals:None
9.Cause or subjects for convening the meeting
(6)Extemporary Motions:Extemporary Motions
10.Book closure starting date: 2020/04/24
11.Book closure ending date: 2020/06/22
12.Any other matters that need to be specified:
A. According to article 172-1 of Company Act, if shareholders with over
1% holding would like to submit the proposals, the Company will accept
the proposals from 2020/04/17 to 2020/04/27. The place for submission:
YFY Inc. /Stock Affairs(14F, No. 51,Sec. 2 Chung Ching South Rd. Taipei,
Taiwan)
B. Shareholders may exercise their rights through electronic vote during
2020/05/23 to 2020/06/19. Please follow the instruction shown on the
website “stockvote” of Taiwan Depository & Clearing Corporation for
proceeding.