Short title:WaZhou B                           Code：200706                                   No.: 2017-31


                             Wafangdian Bearing Company Limited
                            Estimated performance for 2017 half-year

     Our company, the whole members of the board of directors and top managements ensured the truth, accuracy,
completeness, no false record, misleading statement and fatal omit of the announcement.

   I. The estimated performance for the current period

   1.Performance peirod：January 1,2017 to June 30,2017.

   2.Estimated performance: □Losses          ■turn losses into gains

                              □ increase compared with last period       □ decline compared with last period

     Items                                            Current period                 The same period of last year
Net profit owned to the shareholders                  Gains about：                            Losses：
    of listing company （Yuan)                       2.6 million Yuan                   44,024,185.93 Yuan
  Basic gains on per share（Yuan)                Gains about：0.0065 Yuan                 Losses：0.15Yuan

   II.The audited situation

      The estimated performance for the current period is unaudited

   III.Statement for performance change
   1. In the first half ,the product sales prices rose by an average 6.4%, which lead to the sales revenue

   expected increase 24 million Yuan.

   2 .Strengthen control the period expense, the management expenses decreased by 5.3 million Yuan, and the
sales expenses decreased by 8.9 million Yuan.

   3.Shed the loss unit, of which Auto bearing business expected loss-mitigation 24 million Yuan, roller
business expected loss-mitigation 9.6 million Yuan.

     IV. Other relative statement
     The estimated performance is the preliminary data, the detail will be disclosed in half-year report of 2017.
The specified media for it is Securities Times,Hong Kong Commercial Newspaper and the website is
http://www.cninfo.com.cn.The company's information will be disclosed in line with relative laws and
regulation,please pay attention to the investment risk.


Specially Announcement

                                                          Board of director of Wafangdian bearing Co., Ltd

                                                                               July13,2017


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