Material Information

2022-03-15

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

1.Date of occurrence of the event:2022/03/15
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 :Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$72,602,331
(4)the original amount of endorsements/guarantees(thousand): NT$1,108,198
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,601,714
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,709,912
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$612,792
(8)the reason for the current additional endorsements/guarantees:
With YFY Inc. as the guarantor, Yuen FoongYu Paper MFG (Yangzhou) Co.,
Ltd. obtained various credit lines.
B.
(1)company : YFY International B.V.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$72,602,331
(4)the original amount of endorsements/guarantees(thousand):NT$1,947,738
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,084,700
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$3,032,438
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$743,356
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note for YFY International B.V. to
acquire its working capital from credit facilities.
C.
(1)company : YFY Jupiter Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$72,602,331
(4)the original amount of endorsements/guarantees(thousand):NT$120,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$268,150
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$388,150
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$140,909
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note for YFY Jupiter Ltd. to acquire
its working capital from credit facilities.
D.
(1)company :YFY Jupiter (BVI) Inc.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$72,602,331
(4)the original amount of endorsements/guarantees(thousand): NT$280,250
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$140,125
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$420,375
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$162,825
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note for YFY Jupiter (BVI) Inc. to
acquire its working capital from credit facilities.
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$17,782,817
Cumulative gains/losses (thousand NTD):-NT$1,194,548
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$96,803,108
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$18,912,849
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:39.07%
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:88.06%
10.Any other matters that need to be specified:
Capital (thousand)
(1)Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd.:NT$7,553,748
(2)YFY International B.V.:NT$10,192,412
(3)YFY Jupiter Ltd.:NT$0
(4)YFY Jupiter (BVI) Inc.:NT$36,657
Accumulated profit/loss (thousand)
(1)Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd.:-NT$6,374,381
(2)YFY International B.V.:NT$4,536,519
(3)YFY Jupiter Ltd.:NT$126,365
(4)YFY Jupiter (BVI) Inc.:NT$516,949