Material Information

2021-12-01

YFY Inc. announces to increase the number of held companies

1.Approved by resolution of the board of directors or shareholders meeting
(please enter: “board of directors” or “shareholders meeting”):
board of directors
2.Date of the resolution:2021/12/01
3.Reason for the resolution to increase the no.of held companies, name,
industry, and shareholding ratio of the held companies:
Reason to increase the company: Zhaoqing Dingfung Forestry Co., Ltd.
decided to set up a subsidiary.
Name of the company: Guizhou Yuan Fung Forestry Co., Ltd.
Industry: Forestry
Shareholding Ratios: 67%
4.Reason for the resolution to decrease the no.of held companies, name,
industry, and shareholding ratio of the held companies:NA
5.No.of held companies as of the current date:100
6.Any other matters that need to be specified:None

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  • M.O.P.S Company code:1907