We give a new type of Schur-Weyl duality for the representations of a family of quantum subgroups and their centralizer algebra. We define and classify singly-generated, Yang-Baxter relation planar algebras. We present the skein theoretic construction of a new parameterized planar algebra. We construct infinitely many new subfactors and unitary fusion categories, and compute their trace formula as a closed-form expression, in terms of Young diagrams.

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The first author constructed a q-parameterized spherical category $\sC$ over C(q) in [Liu15], whose simple objects are labelled by all Young diagrams. In this paper, we compute closed-form expressions for the fusion rule of $\sC$, using Littlewood-Richardson coefficients, as well as the characters (including a generating function), using symmetric functions with infinite variables.