Material Information

2021-05-13

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

1.Date of occurrence of the event:2021/05/13
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$67,477,898
(4)the original amount of endorsements/guarantees(thousand): NT$1,150,938
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,835,206
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,986,144
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) : NT$899,225
(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$67,477,898
(4)the original amount of endorsements/guarantees(thousand):NT0
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$1,036,492
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$1,036,492
(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$67,477,898
(4)the original amount of endorsements/guarantees(thousand): NT$2,550,000
(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$3,550,000
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$2,048,536
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Development Corp.
to acquire credit facilities for its working capital.
D.
(1)company : YFY Paradigm Investment Co., Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$67,477,898
(4)the original amount of endorsements/guarantees(thousand): NT$1,750,000
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$620,000
(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$798,000
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Paradigm
Investment Co., Ltd. to acquire credit facilities for its working
capital.
E.
(1)company : YFY International Limited
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$67,477,898
(4)the original amount of endorsements/guarantees(thousand): NT$2,510,907
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$300,000
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$2,810,907
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$693,251
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY International
Limited to acquire credit facilities for its working capital.
F.
(1)company : YFY Global Investment Limited
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$67,477,898
(4)the original amount of endorsements/guarantees(thousand): NT$223,440
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$279,300
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$502,740
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$36,616
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Global Investment
Limited to acquire credit facilities for its working capital.
G.
(1)company : YFY Jupiter Ltd.
(2)its relationship with the Company: Affiliates
(3)the ceiling on the endorsements/guarantees (thousand):NT$67,477,898
(4)the original amount of endorsements/guarantees(thousand): NT$151,496
(5)the amount of the current additional endorsements/guarantees (thousand):
NT$111,720
(6)the amount of endorsements/guarantees as of the date of occurrence of
the event (thousand): NT$263,216
(7)the actual loaned amount of the company who was made the endorsements/
guarantees(thousand) :NT$140,496
(8)the reason for the current additional endorsements/guarantees:
YFY Inc. co-sign the promissory note to assist YFY Jupiter Ltd. to
acquire credit facilities for its working capital.
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$24,768,275
Cumulative gains/losses (thousand NTD):NT$61,282
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$89,970,530
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$17,880,398
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:39.75%
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:141.63%
10.Any other matters that need to be specified:
Capital (thousand)
(1) Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd.:NT$7,359,356
(2) YFY Packaging (Yangzhou) Investment Co., Ltd.:NT$2,449,118
(3) YFY Development Corp.:NT$1,128,207
(4) YFY Paradigm Investment Co., Ltd.:NT$1,467,262
(5) YFY International Limited:NT$10,157,862
(6) YFY Global Investment Limited: NT$2,206,470
(7) YFY Jupiter Ltd.: NT$0
Accumulated profit/loss (thousand)
(1) Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd.:(NT$6,210,340)
(2) YFY Packaging (Yangzhou) Investment Co., Ltd.:(NT$2,346,548)
(3) YFY Development Corp.:NT$218,239
(4) YFY Paradigm Investment Co., Ltd.:NT$215,380
(5) YFY International Limited: NT$4,521,141
(6) YFY Global Investment Limited:NT$3,537,474
(7) YFY Jupiter Ltd.:NT$125,936