Material Information

2023-05-12

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

1.Date of occurrence of the event:2023/05/12
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$81,954,606
(4)the original amount of endorsements/guarantees(thousand):NT$1,453,357
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,123,226
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$2,576,583
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$939,931
(8)the reason for the current additional endorsements/guarantees:
With YFY, Inc. as the guarantor, Yuen Foong Yu Paper MFG (Yangzhou)
Co., Ltd. obtained various credit lines.
B.
(1)company : YFY Packaging (Yangzhou) Investment Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$81,954,606
(4)the original amount of endorsements/guarantees(thousand):NT$0
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,065,511
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$1,065,511
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$0
(8)the reason for the current additional endorsements/guarantees:
With YFY, Inc. as the guarantor,YFY Packaging (Yangzhou) Investment Co.,
Ltd. obtained various credit lines.
C.
(1)company :YFY Development Corp.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$81,954,606
(4)the original amount of endorsements/guarantees(thousand):NT$2,450,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,000,000
(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$1,670,000
(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.
D.
(1)company :YFY Paradigm Investment Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$81,954,606
(4)the original amount of endorsements/guarantees(thousand):NT$1,550,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$820,000
(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$701,000
(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.
E.
(1)company :YFY International B.V.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$81,954,606
(4)the original amount of endorsements/guarantees(thousand): NT$2,082,920
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$860,720
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,943,640
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$123,513
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY International B.V.
to acquire its working capital from credit facilities.
F.
(1)company : YFY Jupiter (BVI), Inc.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$81,954,606
(4)the original amount of endorsements/guarantees(thousand):NT$307,400
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$153,700
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$461,100
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$0
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-signed 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$35,220,487
Cumulative gains/losses (thousand NTD):-NT$12,660,479
5.For termination of endorsement/guarantee obligations, the condition and
the date:
The release of YFY's endorsement/guarantee obligation is upon repayment of
the debt or the due date of the contract.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
NT$109,272,808
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$19,672,755
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:36.01%
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:109.05%
10.Any other matters that need to be specified:
Capital (thousand)
A.Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. NT$10,099,559
B.YFY Packaging (Yangzhou) Investment Co., Ltd. NT$10,357,368
C.YFY Development Co., Ltd. NTD$1,886,000
D.YFY Paradigm Investment Co., Ltd. NT$1,656,814
E.YFY International B.V. NT$11,179,831
F.YFY Jupiter (BVI) Inc. NT$40,915

Accumulated profit/loss (thousand)
A.Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. (NT$8,867,024)
B.YFY Packaging (Yangzhou) Investment Co., Ltd. (NT$8,886,776)
C.YFY Development Co., Ltd. NT$477,415
D.YFY Paradigm Investment Co., Ltd. NT$434,805
E.YFY International B.V. NT$3,351,490
F.YFY Jupiter (BVI) Inc. NT$829,611



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  • M.O.P.S Company code:1907