Short title: WaZhou B                         Code：200706                                   No.: 2018-01



                             Wafangdian Bearing Company Limited
                               Estimated performance for 2017

    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 period：January 1, 2017 to December 31, 2017.
    2. Estimated performance: □Losses      □turn losses into gains
                              □ increase compared with last period        ■Decline compared with last period

       Items                                  Current period                                   Last period
Net profit owned to the
                                     Gains :About 10 million Yuan                         Gains:30,872,950.22Yuan
shareholders of listing company
Basic gains on per share             Gains :About 0.03Yuan.                                   Gains:0.08 Yuan
      II. The audited situation
      The estimated performance for the current period is unaudited
      III. Statement for performance change
      i. During the report period, the raw material procurement cost increased, which lead to the profit
decrease.
      ii.During the report period,the company adjust the production structure,stop producing and saling the
loss product to part of the client,meanwhile,the company increase the sale price,which lead to the profit
increase.
      iii. During the report period,the period expense decrease , which lead to the profit increase.
      iv. The non-operating profit decrease sharply.
     IV. Other relative statement
     1.The estimated performance is the preliminary data, the detail will be disclosed in annual report of
2017.
     2. 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

                                                                     January 26, 2018


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