Material Information

2024-08-13

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

1.Date of occurrence of the event:2024/08/13
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$91,961,787
(4)the original amount of endorsements/guarantees(thousand):NT$1,998,956
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$660,419
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$2,659,375
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$533,723
(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 Development Corp.
(2) its relationship with the Company: Affiliates
(3) the ceiling on the endorsements/guarantees (thousand):NT$91,961,787
(4) the original amount of endorsements/guarantees(thousand):NT$1,950,000
(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$3,050,000
(7) the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$1,320,000
(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$91,961,787
(4)the original amount of endorsements/guarantees(thousand):NT$970,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,400,000
(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$757,000
(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$91,961,787
(4)the original amount of endorsements/guarantees(thousand):NT$605,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$350,000
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$955,000
(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$91,961,787
(4)the original amount of endorsements/guarantees(thousand):NT$3,168,578
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$755,205
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$3,923,783
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$101,066
(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$91,961,787
(4)the original amount of endorsements/guarantees(thousand):NT$1,149,225
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$689,535
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand):NT$1,838,760
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$49,811
(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.
G.
(1)company :YFY Jupiter (Cayman Islands) Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$91,961,787
(4)the original amount of endorsements/guarantees(thousand):NT$0
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$164,175
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$164,175
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$35,363
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note for YFY Jupiter (Cayman Islands) Co.,
Ltd. 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$30,733,586
Cumulative gains/losses (thousand NTD):-NT$652,705
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$122,615,716
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$23,608,020
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:38.51%
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:85.15%
10.Any other matters that need to be specified:
Capital (thousand)
Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. NT$11,188,480
YFY Development Co., Ltd. NT$ 2,233,000
YFY Paradigm Investment Co., Ltd. NT$ 1,923,580
Ensilience Co., Ltd. NT$ 150,000
YFY International B.V. NT$11,941,761
YFY Global Investment B.V. NT$ 2,593,965
YFY Jupiter (Cayman Islands) Co., Ltd. NT$ 702,800

Accumulated profit/loss (thousand)
Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. (NT$10,196,462)
YFY Development Co., Ltd. NT$ 514,180
YFY Paradigm Investment Co., Ltd. NT$ 343,313
Ensilience Co., Ltd. (NT$ 17,867)
YFY International B.V. NT$ 3,132,032
YFY Global Investment B.V. NT$ 5,530,333
YFY Jupiter (Cayman Islands) Co., Ltd. NT$ 41,766