Short title:WaZhou B                        Code：200706                               No.:2022-20



                        Wafangdian Bearing Co., LTD
         Indicative notice on exemption of offer for free transfer of
       state-owned equity of the parent company shareholder of
                        controlling shareholder
        The Company and all members of the BOD guarantee that the information disclosed is true,
accurate and completed, and that there are no false records, misleading statements or material
omissions.



Special note:
This acquisition is a free transfer of state-owned assets. According to the relevant provisions of 63
of the Measures for the Administration of Acquisition of Listed Companies, the offer can be
exempted.

After the completion of this acquisition, the actual controller of the company remains Dalian
State-owned Assets Supervision and Administration Commission (hereinafter referred to as "Dalian
Sasac"); Dalian State-owned Capital Management and Operation Co., LTD. (hereinafter referred to
as the "Municipal State-owned Capital Operation Company") is newly added as the indirect
controlling shareholder of Wafangdian Bearing Co., LTD. (hereinafter referred to as the "Company"),
and the direct controlling shareholder and actual controller of the company remain unchanged.

I. Reasons for this acquisition

In order to thoroughly implement the three-year action of the reform of state-owned enterprises,
optimize the distribution of state-owned capital, further improve the efficiency and level of the
operation and management of state-owned enterprises, and promote the sustainable and healthy
development of Dalian state-owned enterprises, According to "about advancing the city
state-owned enterprise strategic layout optimization of the overall implementation plan" and "about
the four companies such as equipment investment group co., LTD., Dalian state-owned equity
transfer to free state-owned capital management operation in Dalian co., LTD., notice, Dalian
municipal people's government decided to Dalian equipment investment group co., LTD. 100%
stake in state-owned assets operating company free transfer to city, In order to further integrate
Dalian state-owned assets, strengthen endogenous development power, promote the value
preservation and increase of state-owned assets.



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Short title:WaZhou B                          Code：200706                               No.:2022-20


II. Basic information of the acquisition
According to "about the four companies such as equipment investment group co., LTD., dalian
state-owned equity transfer free of charge to the notice of state-owned capital management
operation in Dalian co., LTD (power assets rights [2022] no. 74), the sasac will equip its holdings of
Dalian in Dalian investment group co., LTD. 100% stake in the free transfer to the municipal
state-owned assets operating companies. Before the free transfer, the city state-owned operating
company does not have the company's rights and interests. After the free transfer, The Municipal
State-owned assets Operating Company indirectly holds 244,000,000 shares of the company
through Dalian Equipment Investment Group Co., LTD., accounting for 60.6% of the total share
capital of the company. Therefore, this free transfer constitutes an indirect acquisition of the listed
company under the same control.

Before this free transfer, the property rights of the listed company are as follows:




After this free transfer, the property rights of the listed company are as follows:




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Short title:WaZhou B                       Code：200706                              No.:2022-20




III. Other relevant instructions

     After the completion of the acquisition, the actual controller of the company is still Dalian
State-owned Assets Supervision and Administration Commission, and the controlling shareholder is
still Wazhou Group. According to the relevant provisions of the Measures for the Administration of
Acquisition of Listed Companies, the municipal state-owned operating Company, the information
disclosure agent, has prepared the acquisition report on the above matters, and hired a lawyer to
issue a legal opinion. For details, see the "Wafangdian Bearing Co., LTD. Acquisition Report
Summary" disclosed on Juchao Information network (HTTP //www.cninfo.com.cn) on the same day.


Hereby notify
                                                           Board of director of
                                                    Wafangdian bearing Company limited
                                                           June 29, 2022




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