Material Information

2024-05-13

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

1.Date of occurrence of the event:2024/05/13
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$87,708,875
(4)the original amount of endorsements/guarantees(thousand):NT$1,266,298
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,012,411
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$2,278,709
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$373,236
(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$87,708,875
(4) the original amount of endorsements/guarantees(thousand):NT$0
(5) the amount of the current additional endorsements/guarantees (thousand):
NT$1,099,137
(6) the amount of endorsements/guarantees as of the date of occurrence of the
event (thousand): NT$1,099,137
(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$87,708,875
(4)the original amount of endorsements/guarantees(thousand):NT$2,850,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$600,000
(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$1,380,000
(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$87,708,875
(4)the original amount of endorsements/guarantees(thousand):NT$2,000,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$370,000
(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$742,000
(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 :Effion Enertech Co., LTD.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$87,708,875
(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 Effion Enertech Co., LTD.
to acquire its working capital from credit facilities.
F.
(1)company :Fun Spring Circuteck Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$87,708,875
(4)the original amount of endorsements/guarantees(thousand):NT$207,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$18,000
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$225,000
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$57,000
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note for Fun Spring Circuteck Co., LTD.
to acquire its working capital from credit facilities.
G.
(1)company :YFY International B.V.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$87,708,875
(4)the original amount of endorsements/guarantees(thousand):NT$2,863,960
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,025,168
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$3,889,128
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$108,017
(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.
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$38,560,930
Cumulative gains/losses (thousand NTD):-NT$16,231,599
5.For termination of endorsement/guarantee obligations, the condition and
the date:
The termination 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$116,945,166
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$23,328,359
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:39.90%
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:99.95%
10.Any other matters that need to be specified:
Capital (thousand)
Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. NTD11,133,826
YFY Packaging (Yangzhou) Investment Co., Ltd. NTD10,684,233
YFY Development Co., Ltd. NTD 2,233,000
YFY Paradigm Investment Co., Ltd. NTD 1,923,580
Effion Enertech Co., LTD. NTD 700,000
Fun Spring Circuteck Co., Ltd. NTD 50,000
YFY International B.V. NTD11,836,291

Accumulated profit/loss (thousand)
Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. (NTD10,146,654)
YFY Packaging (Yangzhou) Investment Co., Ltd. (NTD 9,843,650)
YFY Development Co., Ltd. NTD 514,180
YFY Paradigm Investment Co., Ltd. NTD 343,313
Effion Enertech Co., LTD. (NTD 189,484)
Fun Spring Circuteck Co., Ltd. (NTD 13,674)
YFY International B.V. NTD 3,104,370