Short title:WaZhou B                                Code：200706                                 No.: 2021-28



                           Wafangdian Bearing Company Limited
                  Estimated performance for the first three quarters of 2021

     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 1,2021 to September 30,2021
    2. Estimated performance: ■Losses                        □turn losses into gains
                                 □ increase compared with last period      □decline compared with last period

                                                 The same period of last
      Items                   Current period                                       Q3                Q3 of 2020
                                                        year
  Net profit owned to the
  shareholders of listing     -4,236,131.01          -10,122,561.29           -8,428,274.25        -13,769,643.48
   company （Yuan)
 Basic gains on per share
                                 -0.011                  -0.025                   -0.021               -0.034
         （Yuan)

      II.The audited situation

       The estimated performance for the current period is unaudited.

      III.Statement for performance change
      The net profit is reduce losses about 5.89 million yuan compared with the last period. The main reasons
as follows:
      I.The operating margin is 386.53 million Yuan,increased 75.5 million Yuan compared with last year;
     II.The four expenses is totally 388.38 million Yuan,increase 67.42 million Yuan,of which the sale
expenses increased 17.53 million Yuan compared with last year;the management expenses increased 23.17
million Yuan compared with last year;the development expenses increased by 28.93 million Yuan compared
with last year;the finance expenses decreased by 2.22 million Yuan compared with last year;
      III.The other income is 5.08 million Yuan,decrease 2.29 million Yuan.
      IV. Asset disposal income of 2.44 million yuan, up 1.38 million yuan;
      V.Net non-operating income and expenditure of 210,000 yuan, down 1.78 million yuan.

      IV. Other relative statement
       1.The estimated performance is the preliminary data, the details will be disclosed in the first third
quarter report of 2021. The specified media for it is Securities Times,Hong Kong Commercial Newspaper and



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Short title:WaZhou B                              Code：200706                               No.: 2021-28



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    Specially Announcement
                                                  Board of director of Wafangdian bearing Co., Ltd

                                                                    October 13,2021




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