Short title:WaZhou B                          Code：200706                                     No.: 2024-01



                             Wafangdian Bearing Company Limited
                               Estimated Performance for 2023

    The company and all members of the board of directors besides Zhao Qingtao and FangBo ensured the truth,
accuracy, completeness, no false record, misleading statement and fatal omit of the announcement.


      Zhao Qingtao and Fang Bo think the financial data related to the performance forecast of this reporting
period have not been audited and is uncertain.so they can not ensure 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, 2023 to December 31, 2023.
 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 attributable to
 shareholders of a listed Loss:85 million yuan-150 million yuan                         Loss:139.95million yuan
 company
 Net profit after deducting
                                Loss:130 million yuan– 195 million yuan                Loss:164.20 million yuan
 non-recurring gains and losses

 Basic earnings per share            Loss:0.21yuan per share– 0.37yuan per share       Loss:0.35yuan per share

II. The audited situation
The financial data related to the performance forecast of this reporting period have not been audited by
certified public accountants.However, the company has conducted pre-communication with the annual report
audit and accounting firm on the matters related to the performance forecast.There is no disagreement
between the Company and the accounting firm regarding the performance forecast during the reporting
period.

III. Statement for performance change
The company suffered losses during the reporting period, mainly due to the following reasons:

1. During the reporting period, the company continued to strengthen production and operation management,
improve the quality of inventory assets, the provision for inventory price reduction is reduced year on year, is
expected to reduce losses accordingly.




                                                       1
     Short title:WaZhou B                         Code：200706                                  No.: 2024-01



2. By product sales price decline and raw material procurement costs rise and other dual factors, product
margin further narrowed, leading to the company is still in a loss state.

IV. Other relative statement
1.The estimated performance is the preliminary data, The specific financial data of the company from
January to December 2023 will be disclosed in detail in the 2023 annual report.
2. The specified media for it is Securities Times 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 30, 2024




                                                      2