Material Information

2020-11-12

YFY Inc. and its affiliates anounce the changes of endorsement guarantee among affiliates

1.Date of occurrence of the event:2020/11/12
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
A.
(1)company :YFY Development Corp.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$57,714,893
(4)the original amount of endorsements/guarantees(thousand): NT$1,350,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$2,100,000
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$3,450,000
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$2,020,000
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Development Corp.
to acquire credit facilities for its working capital.
B.
(1)company : YFY Paradigm Investment Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$57,714,893
(4)the original amount of endorsements/guarantees(thousand):NT$1,770,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$300,000
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,070,000
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$858,000
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Paradigm Investment
Co., Ltd. to acquire credit facilities for its working capital.
C.
(1)company : YFY International Limited
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$57,714,893
(4)the original amount of endorsements/guarantees(thousand): NT$2,307,855
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$733,806
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$3,041,661
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$319,292
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY International Limited
to acquire credit facilities for its working capital.
D.
(1)company : YFY Jupiter Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$57,714,893
(4)the original amount of endorsements/guarantees(thousand): NT$128,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$155,672
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$283,672
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$139,227
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Jupiter Ltd. to
acquire credit facilities for its working capital.
E.
(1)company : YFY Jupiter (BVI), Inc.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$57,714,893
(4)the original amount of endorsements/guarantees(thousand): NT$288,900
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$144,450
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$433,350
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$170,451
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Jupiter (BVI), Inc.
to acquire credit facilities for its working capital.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
None
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
Capital (thousand NTD):NT$18,773,855
Cumulative gains/losses (thousand NTD):NT$3,945,959
5.For termination of endorsement/guarantee obligations, the condition and
the date:
The realease of YFY`s endorsement/guarantee obligation is upon repayment of
the debt or the due day of the contract.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
NT$76,953,190
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$18,249,222
8.The amount of endorsements/guarantees as a percentage of the
public company’s net worth on the latest financial report as of the date of
occurrence:47.43%
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company’s net worth on the latest financial
statements:78.68%
10.Any other matters that need to be specified:
Capital (thousand):
(1) YFY Development Corp.: NT$1,128,207
(2) YFY Paradigm Investment Co., Ltd.: NT$848,800
(3) YFY International Limited: NT$16,759,060
(4) YFY Jupiter Ltd.: NT$0
(5) YFY Jupiter (BVI) Inc.: NT$37,788
Accumulated profit/loss (thousand):
(1) YFY Development Corp.: NT$77,292
(2) YFY Paradigm Investment Co., Ltd.: NT$481,776
(3) YFY International Limited: NT$2,972,839
(4) YFY Jupiter Ltd.: NT$53,620
(5) YFY Jupiter (BVI) Inc.: NT$360,432