Release Date: August 14, 115 Statement Date: August 13, 115 Statement Time: 16:31:23 Company Code: 1907 Company Name: YFY Subject: Announcement by YFY Investment Holding Co., Ltd. and its subsidiaries regarding endorsement and guarantee matters Applicable Clause: Item 22 Factual Event Date: August 13, 115

Details: 1. Factual Event Date: 08/13/115

2. Endorsed/Guaranteed Parties: (1) Company Name: YFY Paper (Yangzhou) Co., Ltd. (2) Relationship with Guarantee Provider: Parent-Subsidiary (3) Endorsement/Guarantee Limit (in thousand NTD): 117,312,087 (4) Previous Endorsement/Guarantee Balance (in thousand NTD): 1,289,154 (5) Amount Newly Added This Time (in thousand NTD): 1,396,734 (6) Endorsement/Guarantee Balance as of Event Date (in thousand NTD): 2,685,888 (7) Actual Amount Drawn by Guaranteed Party (in thousand NTD): 682,853 (8) Reason for New Addition: The company acts as joint guarantor to assist YFY Paper (Yangzhou) Co., Ltd. in obtaining bank credit facilities

(1) Company Name: YFY Industrial Paper (Yangzhou) Investment Co., Ltd. (2) Relationship with Guarantee Provider: Parent-Subsidiary (3) Endorsement/Guarantee Limit (in thousand NTD): 117,312,087 (4) Previous Endorsement/Guarantee Balance (in thousand NTD): 0 (5) Amount Newly Added This Time (in thousand NTD): 237,944 (6) Endorsement/Guarantee Balance as of Event Date (in thousand NTD): 237,944 (7) Actual Amount Drawn by Guaranteed Party (in thousand NTD): 0 (8) Reason for New Addition: The company acts as joint guarantor to assist YFY Industrial Paper (Yangzhou) Investment Co., Ltd. in obtaining bank credit facilities

(1) Company Name: YFY Construction Development Co., Ltd. (2) Relationship with Guarantee Provider: Parent-Subsidiary (3) Endorsement/Guarantee Limit (in thousand NTD): 117,312,087 (4) Previous Endorsement/Guarantee Balance (in thousand NTD): 1,950,000 (5) Amount Newly Added This Time (in thousand NTD): 700,000 (6) Endorsement/Guarantee Balance as of Event Date (in thousand NTD): 2,650,000 (7) Actual Amount Drawn by Guaranteed Party (in thousand NTD): 1,780,000 (8) Reason for New Addition: The company acts as co-bill issuer to assist YFY Construction Development Co., Ltd. in securing operating capital financing

(1) Company Name: Fengchuan Green Energy Technology Co., Ltd. (2) Relationship with Guarantee Provider: Parent-Subsidiary (3) Endorsement/Guarantee Limit (in thousand NTD): 117,312,087 (4) Previous Endorsement/Guarantee Balance (in thousand NTD): 225,000 (5) Amount Newly Added This Time (in thousand NTD): 100,000 (6) Endorsement/Guarantee Balance as of Event Date (in thousand NTD): 325,000 (7) Actual Amount Drawn by Guaranteed Party (in thousand NTD): 113,930 (8) Reason for New Addition: The company acts as co-bill issuer to assist Fengchuan Green Energy Technology Co., Ltd. in securing operating capital financing

(1) Company Name: YFY International Co., Ltd. (2) Relationship with Guarantee Provider: Parent-Subsidiary (3) Endorsement/Guarantee Limit (in thousand NTD): 117,312,087 (4) Previous Endorsement/Guarantee Balance (in thousand NTD): 581,580 (5) Amount Newly Added This Time (in thousand NTD): 1,873,980 (6) Endorsement/Guarantee Balance as of Event Date (in thousand NTD): 2,455,560 (7) Actual Amount Drawn by Guaranteed Party (in thousand NTD): 97,124 (8) Reason for New Addition: The company acts as co-bill issuer to assist YFY International Co., Ltd. in securing operating capital financing

(1) Company Name: YFY Global Co., Ltd. (2) Relationship with Guarantee Provider: Parent-Subsidiary (3) Endorsement/Guarantee Limit (in thousand NTD): 117,312,087 (4) Previous Endorsement/Guarantee Balance (in thousand NTD): 484,650 (5) Amount Newly Added This Time (in thousand NTD): 1,163,160 (6) Endorsement/Guarantee Balance as of Event Date (in thousand NTD): 1,647,810 (7) Actual Amount Drawn by Guaranteed Party (in thousand NTD): 72,633 (8) Reason for New Addition: The company acts as co-bill issuer to assist YFY Global Co., Ltd. in securing operating capital financing

3. Collateral Provided by Guaranteed Parties: (1) Description: None (2) Value (in thousand NTD): 0

4. Based on Latest Financial Statements of Guaranteed Parties: (1) Capital (in thousand NTD): 40,436,768 (2) Accumulated Profit/Loss (in thousand NTD): -15,074,766

5. Conditions for Release from Endorsement Liability: (1) Condition: Full repayment of debt by the guaranteed party (2) Date: The date when the guaranteed party completes debt repayment

6. Total Endorsement/Guarantee Limit (in thousand NTD): 156,416,116

7. Total Endorsement/Guarantee Balance as of Event Date (in thousand NTD): 22,550,160

8. Ratio of Endorsement/Guarantee Balance to Net Assets of the Publicly Listed Company (as of Event Date): 28.83%

9. Combined Ratio of Endorsement/Guarantee, Long-Term Investment, and Fund Lending to Net Assets of the Publicly Listed Company (as of Event Date): 66.52%

10. Other Matters to be Disclosed: Capital of Guaranteed Parties Based on Their Latest Financial Statements (in thousand NTD): (1) YFY Paper (Yangzhou) Co., Ltd.: NT$11,911,275 (2) YFY Industrial Paper (Yangzhou) Investment Co., Ltd.: NT$11,102,179 (3) YFY Construction Development Co., Ltd.: NT$2,990,000 (4) Fengchuan Green Energy Technology Co., Ltd.: NT$130,000 (5) YFY International Co., Ltd.: NT$11,750,824 (6) YFY Global Co., Ltd.: NT$2,552,490

Accumulated Profit/Loss of Guaranteed Parties Based on Their Latest Financial Statements (in thousand NTD): (1) YFY Paper (Yangzhou) Co., Ltd.: -NT$12,529,260 (2) YFY Industrial Paper (Yangzhou) Investment Co., Ltd.: -NT$11,772,540 (3) YFY Construction Development Co., Ltd.: NT$625,124 (4) Fengchuan Green Energy Technology Co., Ltd.: -NT$6,056 (5) YFY International Co., Ltd.: NT$2,050,942 (6) YFY Global Co., Ltd.: NT$6,557,024

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  • Source: PR Times
  • Category: News