Short title:WaZhou B                           Code：200706                                    No.: 2022-22



                              Wafangdian Bearing Company Limited
                            Estimated performance of half year of 2022

    The company and all members of the board of directors besides Zhao Qingtao and Fang Bo 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, 2022 to June 30, 2022.
    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:33 million Yuan-42 million Yuan                          gains:4.19million Yuan
  company
  Net profit after deducting
                                 Loss:43 million Yuan-52 million Yuan                    gains:1.25million Yuan
  non-recurring gains and losses

  Basic earnings per share           Loss: 0.08– 0.10yuan per share                     Gains:0.01yuan 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
      Compared with the same period of last year, the price of the company's main raw materials rose
significantly, the production cost increased significantly, and the company's profitability declined significantly
compared with the same period of last year,which leading to the operating performance predicted decline
compared with last period.
     IV. Other relative statement



                                                        1
     Short title:WaZhou B                         Code：200706                                  No.: 2022-22



       1.The estimated performance is the preliminary data, The specific financial data of the company from
January to June will be disclosed in detail in the semi-annual report of 2022
       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

                                                                    July 13, 2022




                                                      2