Material Information

2025-03-12

On behalf of YFY Packaging (Yangzhou) Investment Co., Ltd., YFY Inc. announced the lending funds to its affiliates

1.Date of occurrence of the event:2025/03/12
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
A.
(1)Funding recipient name:Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd.
(2)relationship with lender:Affiliates
(3)lending limit (thousand NTD):NT$7,420,427
(4)starting outstanding balance (thousand NTD):NT$0
(5)new loan (thousand NTD):NT$1,601,243
(6)is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate:No
(7)outstanding balance (thousand NTD) up to the date of occurrence:
NT$1,601,243
(8)reason for new loan:
To renew annual contract of the cash pooling operation with the company.
B.
(1)Funding recipient name:Yuen Foong Yu Paper Enterprise (Fuzhou) Co., Ltd.
(2)relationship with lender:Affiliates
(3)lending limit (thousand NTD):NT$7,420,427
(4)starting outstanding balance (thousand NTD):NT$0
(5)new loan (thousand NTD):NT$594,748
(6)is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate:No
(7)outstanding balance (thousand NTD) up to the date of occurrence:
NT$594,748
(8)reason for new loan:
To renew annual contract of the cash pooling operation with the company.
C.
(1)Funding recipient name:
Yuen Foong Yu Paper Enterprise (Jiaxing) Co., Ltd., Yuen Foong Yu Paper
Enterprise (Suzhou) Co., Ltd.,totaled 2 companies.
(2)relationship with lender:Affiliates
(3)lending limit (thousand NTD):NT$7,420,427
(4)starting outstanding balance (thousand NTD):NT$0
(5)new loan (thousand NTD):NT$228,749
(6)is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate:No
(7)outstanding balance (thousand NTD) up to the date of occurrence:
NT$228,749
(8)reason for new loan:
To renew annual contract of the cash pooling operation with the company.
D.
(1)Funding recipient name:
Yuen Foong Yu Paper Enterprise (Dongguan) Co., Ltd., Yuen Foong Yu Papers
(Xiamen) Co., Ltd., Yuen Foong Yu Paper Enterprise (Shanghai) Co., Ltd.,
Yuen Foong Yu Paper Enterprise (Kunshan) Co., Ltd.,Yuen Foong Yu Paper
Enterprise (Nanjing) Co., Ltd., Kunshan YFY Jupiter Green Packing Ltd.,
totaled 6 companies.
(2)relationship with lender:Affiliates
(3)lending limit (thousand NTD):NT$7,420,427
(4)starting outstanding balance (thousand NTD):NT$0
(5)new loan (thousand NTD):NT$114,375
(6)is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate:No
(7)outstanding balance (thousand NTD) up to the date of occurrence:
NT$114,375
(8)reason for new loan:
To renew annual contract of the cash pooling operation with the company.
E.
(1)Funding recipient name:
Yuen Foong Yu Paper Enterprise (Zhongshan) Co., Ltd., Yuen Foong Yu Paper
Enterprise (Tianjin) Co., Ltd., Yuen Foong Yu Paper Enterprise (Qingdao)
Co., Ltd., YFY Jupiter Trading (Shenzhen) Ltd.,YFY Jupiter Supply Chain
Management Services (Shenzhen) Limited, Yuen Foong Yu Blue Economy
Natural Resources (Yangzhou) Co., Ltd.,totaled 6 companies.
(2)relationship with lender:Affiliates
(3)lending limit (thousand NTD):NT$7,420,427
(4)starting outstanding balance (thousand NTD):NT$0
(5)new loan (thousand NTD):NT$45,750
(6)is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate:No
(7)outstanding balance (thousand NTD) up to the date of occurrence:
NT$45,750
(8)reason for new loan:
To renew annual contract of the cash pooling operation with the company.
F.
(1)Funding recipient name:Yuen Foong Yu Papers (Guangzhou) Co., Ltd.
(2)relationship with lender:Affiliates
(3)lending limit (thousand NTD):NT$371,021
(4)starting outstanding balance (thousand NTD):NT$0
(5)new loan (thousand NTD):NT$45,750
(6)is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate:No
(7)outstanding balance (thousand NTD) up to the date of occurrence:
NT$45,750
(8)reason for new loan:
To renew annual contract of the cash pooling operation with the company.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):No
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)Capital accept loans to the company's most recent financial statements
(thousand):NT$15,029,776
(2)Accept the cumulative gain or loss amount (thousand) loans to the
company's most recent financial statements:-NT$10,918,187
5.Method of calculation of interest:2.60%
6.For repayment, the condition and the date:2025/3/31~2026/3/30
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NT$21,625,067
8.The total amount of monetary loans extended to others as a percentage of
the public company’s net worth on the latest financial statements as of the
date of occurrence:32.32%
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary itself
10.Any other matters that need to be specified:
The reason for this declaration of new loan and loan limitation is that the
initial cash pool arrangement of YFY Packaging (Yangzhou) Investment Co.,
Ltd. has expired which requires to be renewed.

First loan arrangement is for Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd..
The loan amount with the company can not exceed RMB 350 million.

Second loan arrangement is for Yuen Foong Yu Paper Enterprise (Fuzhou) Co.,
Ltd.. The loan amount with the company can not exceed RMB 130 million.

Third loan arrangement is for Yuen Foong Yu Paper Enterprise (Jiaxing) Co.,
Ltd.,Yuen Foong Yu Paper Enterprise (Suzhou) Co., Ltd.totaled 2 companies.
The loan amount with the company can not exceed RMB 50 million.

Fourth loan arrangement is for Yuen Foong Yu Paper Enterprise (Dongguan)
Co., Ltd., Yuen Foong Yu Papers (Xiamen) Co., Ltd., Yuen Foong Yu Paper
Enterprise (Shanghai) Co., Ltd., Yuen Foong Yu Paper Enterprise (Kunshan)
Co., Ltd.,Yuen Foong Yu Paper Enterprise (Nanjing) Co., Ltd., Kunshan YFY
Jupiter Green Packing Ltd.,totaled 6 companies.The loan amount with these
companies can not exceed RMB 25 million respectively.

Fifth loan arrangement is for Yuen Foong Yu Paper Enterprise (Zhongshan)
Co., Ltd., Yuen Foong Yu Paper Enterprise (Tianjin) Co., Ltd., Yuen Foong
Yu Paper Enterprise (Qingdao) Co., Ltd., YFY Jupiter Trading (Shenzhen)
Ltd.,YFY Jupiter Supply Chain Management Services (Shenzhen) Limited,
Yuen Foong Yu Blue Economy Natural Resources (Yangzhou) Co., Ltd.,totaled
6 companies. The loan amount with this company can not exceed RMB 10
million.

Sixth loan arrangement is for Yuen Foong Yu Papers (Guangzhou) Co., Ltd..
The loan amount with the company can not exceed RMB 10 million.

Furthermore, the total loan amount can not exceed RMB 600 million .

The aforementioned loan arrangements and limitations are specifically for
the participating members of the cash pool arrangement of YFY Packaging
(Yangzhou) Investment Co., Ltd.. If YFY Packaging (Yangzhou) Investment
Co., Ltd. has any other non-cash pooling lending activities, it shall be
guided according to the ”Procedure for Lending of Funds with Other Parties”.
In addition, the lending shall be managed with the cash pooling of
YFY Packaging (Yangzhou) Investment Co., Ltd. and be considered within its
cash pooling limitation amount.

Capital (thousand):
A.
Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd. :NT$11,450,962
B.
Yuen Foong Yu Paper Enterprise (Fuzhou) Co., Ltd. :NT$189,331
C.
(1) Yuen Foong Yu Paper Enterprise (Jiaxing) Co., Ltd.:NT$189,331
(2) Yuen Foong Yu Paper Enterprise (Suzhou) Co., Ltd.:NT$265,070
D.
(1)Yuen Foong Yu Paper Enterprise (Dongguan) Co., Ltd.:NT$227,139
(2)Yuen Foong Yu Papers (Xiamen) Co., Ltd.:NT$239,322
(3)Yuen Foong Yu Paper Enterprise (Shanghai) Co., Ltd.:NT$296,564
(4)Yuen Foong Yu Paper Enterprise (Kunshan) Co., Ltd.:NT$405,279
(5)Yuen Foong Yu Paper Enterprise (Nanjing) Co., Ltd.:NT$328,456
(6) Kunshan YFY Jupiter Green Packing Ltd. :NT$9,150
E.
(1)Yuen Foong Yu Paper Enterprise (Zhongshan) Co., Ltd.:NT$227,207
(2)Yuen Foong Yu Paper Enterprise (Tianjin) Co., Ltd.:NT$301,262
(3)Yuen Foong Yu Paper Enterprise (Qingdao) Co., Ltd.:NT$298,623
(4)YFY Jupiter Trading (Shenzhen) Ltd. :NT$11,487
(5)YFY Jupiter Supply Chain Management Services (Shenzhen) Limited:
NT$22,875
(6)Yuen Foong Yu Blue Economy Natural Resources (Yangzhou) Co., Ltd.:
NT$226,649
F.
(1)Yuen Foong Yu Papers (Guangzhou) Co., Ltd. :NT$341,069

Accumulated profit/loss (thousand):
A.
Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd. :-NT$11,106,828
B.
Yuen Foong Yu Paper Enterprise (Fuzhou) Co., Ltd. :-NT$574,828
C.
(1) Yuen Foong Yu Paper Enterprise(Jiaxing) Co., Ltd. :-NT$176,562
(2) Yuen Foong Yu Paper Enterprise (Suzhou) Co., Ltd.:-NT$73,781
D.
(1)Yuen Foong Yu Paper Enterprise (Dongguan) Co., Ltd.:NT$22,655
(2)Yuen Foong Yu Papers (Xiamen) Co., Ltd.:-NT$37,400
(3)Yuen Foong Yu Paper Enterprise (Shanghai) Co., Ltd.:NT$135,090
(4)Yuen Foong Yu Paper Enterprise (Kunshan) Co., Ltd.:NT$6,881
(5)Yuen Foong Yu Paper Enterprise (Nanjing) Co., Ltd.:NT$227,230
(6) Kunshan YFY Jupiter Green Packing Ltd. :NT$36,733
E.
(1)Yuen Foong Yu Paper Enterprise (Zhongshan) Co., Ltd.:NT$157,050
(2)Yuen Foong Yu Paper Enterprise (Tianjin) Co., Ltd.:NT$201,121
(3)Yuen Foong Yu Paper Enterprise (Qingdao) Co., Ltd.:NT$159,411
(4)YFY Jupiter Trading (Shenzhen) Ltd. :NT$149,758
(5)YFY Jupiter Supply Chain Management Services (Shenzhen) Limited:
NT$25,551
(6)Yuen Foong Yu Blue Economy Natural Resources (Yangzhou) Co., Ltd.:
-NT$113,588
F.
(1)Yuen Foong Yu Papers (Guangzhou) Co., Ltd. :NT$43,320