Wafangdian Bearing Company Limited 2017 Midyear Report Abstract
Stock ID:Wazhou B Stock code：200706 Announcement No.2017-33
Wafangdian Bearing Company Limited
2017 Midyear Report Abstract
1. Important Notes
(1) This abstract was derived from the annual report, the annual report issued on the Shenzhen Stock Exchange
web or other web appointed by and CSRC; details please refer to the whole Midyear report.
The board of directors, board of supervisors, directors, supervisors and the top management guarantee there is no
false record, misleading statement or major omission in the report, and take responsibilities for the truth, accuracy
and completeness of the contents.
Besides the following directors, all the other directors attended the Board meeting and discussed the report.
Name Post Reasons Assignee name
Zhang
director Busy work Sun Maolin
Xinghai
Wan Shouyi Independent director Busy work Liu Yuping
Tang Yurong director Busy work Fang Bo
Reminder of the qualified auditor’s opinions
Inapplicable
Preplan of Profit Distribution for Preferred Shares in the Reporting Period Approved by the Resolution of the Board
Meeting
Inapplicable
Preplan of Profit Distribution for Preferred Shares in the Reporting Period Approved by the Resolution of the Board
Meeting
Inapplicable
2.Main accounting date and shareholder change
(1)Brief Information of the listed company
Abbreviated name of the stock Wazhou B Stock code: 200706
Listing location of the Company’s stock: Shenzhen Stock Exchange
Contacts Secretary of the Board Representative of Stock Affairs
Name Sun Najuan Ke Xin
Consulting telephone 0411-39116369 0411-39116732
Fax 0411-39116738 0411-39116738
E-mail zwz2308＠126.com zwz2308＠126.com
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Wafangdian Bearing Company Limited 2017 Midyear Report Abstract
(2)Main accounting data
+/-（％）comparing with the previous
current period previous period
period
Operating income 1,135,500,575.33 1,125,455,031.98 0.89%
Net profit available for shareholders of listing
2,633,635.55 -44,024,185.93 -105.98%
company
Net profit available for shareholders of listing
-1,562,254.31 -55,263,473.29 -97.17%
company with abnormal incomes deducted
Net cash flows from operation activities -76,606,258.56 -8,389,665.15 813.10%
Basic gains on per share 0.007 -0.11 -106.36%
Diluted gains on per share 0.007 -0.11 -106.36%
Net returns on assets (%) 0.19% -3.32% 3.51%
+/-（％）comparing with the end of last
2017.06.30 2016.12.31
year
Total assets 3,504,897,240.39 3,553,947,227.09 -1.38%
Owners’ equity (shareholders’ equity) 1,381,971,561.10 1,379,337,925.55 0.19%
(3) Information on the top 10 shareholders
Total number of shareholder at the end of Total number of shareholder at the end of report period with
6,876 0
report period preferred stock
Shareholders with 5% or above Shares
Current Impawned or Frozen Shares
Increase or Non-current
Total shares shares
Name Nature Ratio（%） Decrease in shares held
held held
hereportperiod
Status Amount
Wafangdian Bearing State-owned 244,000,00
60.60% 244,000,000
Group Corporation shareholder 0
AKTIEBOLAGET Foreign
19.70% 79,300,000
SKF shareholder
BOCI SECURITIES Foreign
1.26% 5,056,953
LIMITED shareholder
Domestic
Huang Junyue 1.16% 4,680,000
shareholder
Domestic
Hu Xiaofeng 0.47% 1,879,277
shareholder
GUOTAI JUNAN
Foreign
SECURITIES(HONG 0.36% 1,454,840
shareholder
KONG) LIMITED
Domestic
Jin Yunhua 0.33% 1,311,256
shareholder
MAN,KWAI WING 文 Foreign private
0.18% 713,101
贵荣 shareholder
Domestic
Zhou Jie 0.17% 684,200
shareholder
Domestic
Ma Yuancheng 0.15% 596,966
shareholder
Explanation for the Affiliated
AKTIEBOLAGET SK is the strategic investor
Relations or United Action of the Top
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Wafangdian Bearing Company Limited 2017 Midyear Report Abstract
Ten Shareholders
Notes to relationship or “action in There was no relationship and consistent activities between the first big shareholder and other shareholders
concert”among the top ten shareholders. or the top ten common stock holders;
(4) Changes of the holding shareholders and the actual controller
Changes of the holding shareholders
□applicable √Not applicable
Changes of the holding shareholders and the actual controller
□applicable √Not applicable
(5) Total Preference Shareholders and the Shares Held by the Top 10 Preference Shareholders
Inapplicable
(6)Company Bound
Inapplicable
3.Discussion and analysis
(1)Relevant items involved operation
At the end of June 30, company's total assets is 3.50490 billion Yuan, which decrease1.38% compared with the beginning of
this year; Net assess attributing to shareholders of listed company 1.38197 billion Yuan, increased byv0.19% compared with
the beginning of this year; Operating income is 1.13550 billion Yuan, increase by 0.89% compared with the same period last
year; Net profit of attributing to shareholders of the parent company is 2.63 million Yuan, in the last year was the lost is
44.02million Yuan.
(2).Relevant items involved financial report
(i) The explanation of the changes in accounting policies, accounting estimation and calculation method comparing
with the latest annual report
□applicable √Not applicable
(ii) The content of significant errors, the changed amount, the reason and the effect
□applicable √Not applicable
(iii) The explanation of the changes in the consolidated scope comparing with the latest annual report
□applicable √Not applicable
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