Material Information

2020-11-20

YFY Inc. announced on behalf of YFY Cayman Co., Ltd., the record date of capital reduction due to YFY's investment restructuring

1.Date of the board of directors resolution:NA
2.Record date of capital reduction:2020/11/20
3.Plan for capital reduction and replacement of shares:Not applicable.
4.Record date of replacement of shares:NA
5.Book closure starting date:NA
6.Book closure ending date:NA
7.Rights and obligations of the new shares after capital reduction:
Same as existing shares.
8.Anticipated listing date for the new shares:NA
9.Estimated no.of listed common shares after issuance of new shares upon
capital reduction:Not applicable.
10.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:Not applicable.
11.Please explain any countermeasures for lower circulation in shareholding
if the aforesaid estimated no.of listed common shares upon capital
reduction does not reach 60 million and the percentage does not
reach 25%:Not applicable.
12.Any other matters that need to be specified:
The Director of the Board is authorized to determine the base date of the
capital reduction in accordance with the resolution approved by the
YFY Cayman Co., Ltd. board meeting held on 2020/7/24.

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  • M.O.P.S Company code:1907