Material Information

2022-08-12

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

1.Date of occurrence of the event:2022/08/12
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 :Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$80,468,159
(4)the original amount of endorsements/guarantees(thousand):NT$2,298,235
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$266,382
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,564,617
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$877,487
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-signed the promissory note for Yuen FoongYu Paper MFG
(Yangzhou) Co., Ltd. to obtaine credit lines.
B.
(1)company : YFY Development Corp.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$80,468,159
(4)the original amount of endorsements/guarantees(thousand):NT$2,350,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,100,000
(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$1,860,000
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-signed the promissory note for YFY Development Corp. to
acquire its working capital from credit facilities.
C.
(1)company : YFY Paradigm Investment Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$80,468,159
(4)the original amount of endorsements/guarantees(thousand):NT$1,320,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,050,000
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,370,000
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$659,000
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-signed the promissory note for YFY Paradigm Investment Co.,
Ltd. to acquire its working capital from credit facilities.
D.
(1)company :YFY Global Investment B.V.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$80,468,159
(4)the original amount of endorsements/guarantees(thousand):NT$1,077,840
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$299,400
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$1,377,240
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$123,682
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-signed the promissory note for YFY Global Investment B.V.
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$13,171,278
Cumulative gains/losses (thousand NTD):-NT$2,738,004
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$107,290,878
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$19,270,526
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:35.92%
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:78.02%
10.Any other matters that need to be specified:
Capital (thousand)
A.Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. NT$7,565,518
B.YFY Development Co., Ltd. NT$1,685,000
C.YFY Paradigm Investment Co., Ltd. NT$1,555,500
D.YFY Global Investment B.V. NT$2,365,260
Accumulated profit/loss (thousand)
A.Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. -NT$7,423,874
B.YFY Development Co., Ltd. NT$292,521
C.YFY Paradigm Investment Co., Ltd. NT$239,713
D.YFY Global Investment B.V. NT$4,153,636