Material Information

2021-12-16

YFY Inc. announced on behalf of Yuen Foong Yu (Zhongshan) Paper Co., Ltd. for the reappointment of directors and supervisor

1.Date of occurrence of the change:2021/12/16
2.Elected or changed position (Please enter institutional director,
institutional supervisor, independent director, natural-person director or
natural-person supervisor):institutional director, institutional supervisor
3.Title and name of the previous position holder:
Representative Director of YFY Mauritius Corporation/ Zhong-Cheng Dou
Representative Director of YFY Mauritius Corporation/ Te-Ming Liao
Representative Director of YFY Mauritius Corporation/ Hong-Yi Chang
Representative Supervisor of Yuen Foong Yu (Zhongshan) Paper Co., Ltd./
Shao-Yu Chen
4.Resume of the previous position holder:
Chairperson of Yuen Foong Yu (Zhongshan) Paper Co., Ltd./ Zhong-Cheng Dou
Chairperson of Yuen Foong Yu Paper Enterprise (Shanghai) Co., Ltd./
Te-Ming Liao
General Manager of Yuen Foong Yu (Zhongshan) Paper Co., Ltd./ Hong-Yi Chang
Assistant Vice President of YFY Packaging (Yangzhou) Investment Co., Ltd./
Shao-Yu Chen
5.Title and name of the new position holder:
Representative Director of YFY Packaging (Yangzhou) Investment Co., Ltd./
Zhong-Cheng Dou
Representative Director of YFY Packaging (Yangzhou) Investment Co., Ltd./
Te-Ming Liao
Representative Director of YFY Packaging (Yangzhou) Investment Co., Ltd./
Hong-Yi Chang
Representative Supervisor of YFY Packaging (Yangzhou) Investment Co., Ltd./
Shao-Yu Chen
6.Resume of the new position holder:
Chairperson of Yuen Foong Yu (Zhongshan) Paper Co., Ltd./
Zhong-Cheng Dou
Chairperson of Yuen Foong Yu Paper Enterprise (Shanghai) Co., Ltd./
Te-Ming Liao
General Manager of Yuen Foong Yu (Zhongshan) Paper Co., Ltd./
Hong-Yi Chang
Assistant Vice President of YFY Packaging (Yangzhou) Investment Co., Ltd./
Shao-Yu Chen
7.Circumstances of change (Please enter “resignation”, “dismissal”,
“term expired”, “death” or “new appointment”):New appointment
8.Reason for the change:Change of the institutional shareholder
9.Number of shares held by the new position holder when elected:None
10.Original term (from __________ to __________): Not applicable
11.Effective date of the new appointment:2021/12/16
12.Turnover rate of directors of the same term:100%
13.Turnover rate of independent directors of the same term:0%
14.Turnover rate of supervisors of the same term:100%
15.Change in one-third or more of directors (Please enter “Yes” or
“No”):Yes
16.Any other matters that need to be specified:None