Material Information

2023-08-11

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

1.Date of occurrence of the event:2023/08/11
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$79,412,940
(4)the original amount of endorsements/guarantees(thousand):NT$2,306,575
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$264,385
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$2,570,960
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$700,928
(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 obtain credit lines.
B.
(1)company : YFY Development Corp.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$79,412,940
(4)the original amount of endorsements/guarantees(thousand):NT$2,550,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$900,000
(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$1,710,000
(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$79,412,940
(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$901,000
(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 :Ensilience Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$79,412,940
(4)the original amount of endorsements/guarantees(thousand):NT$0
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$125,000
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$125,000
(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-sign the promissory note for Ensilience 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$79,412,940
(4)the original amount of endorsements/guarantees(thousand):NT$1,979,460
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$832,630
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,812,090
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$57,876
(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 Global Investment B.V.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$79,412,940
(4)the original amount of endorsements/guarantees(thousand):NT$785,500
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$659,820
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$1,445,320
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$45,151
(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$27,626,151
Cumulative gains/losses (thousand NTD):NT$420,781
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$105,883,920
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$19,804,252
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:37.41%
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:89.72%
10.Any other matters that need to be specified:
Capital (thousand):
(1)Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. NT$10,024,017
(2)YFY Development Corporation NTD$1,886,000
(3)YFY Paradigm Investment Co., Ltd. NTD$1,656,814
(4)Ensilience Co., Ltd. NTD$150,000
(5)YFY International B.V. NT$11,427,140
(6)YFY Global Investment B.V. NT$2,482,180

Accumulated profit/loss (thousand):
(1)Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. -NT$8,800,702
(2)YFY Development Corporation NT$477,415
(3)YFY Paradigm Investment Co., Ltd. NT$434,805
(4)Ensilience Co., Ltd. -NT$7
(5)YFY International B.V. NT$3,425,628
(6)YFY Global Investment B.V. NT$4,883,642