Stock： WazhouB                             Code：200706                                 No.：2023-11



                  Wafangdian Bearing Co., LTD Announcement

                      about Adjusting Company Organization


  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.



     Wafangdian Bearing Co., LTD. (hereinafter referred to as the "Company") held the
fourth meeting of the nine Board of Directors on April 26,2023, deliberated and passed
the Proposal on The Proposed Adjustment of the Company's organizational structure.

     In order to effectively play the control and service functions of the process,
accelerate the establishment of the company's process system, and comprehensively
improve the production efficiency and quality stability of the company, the company has
adjusted the organizational structure and established the "manufacturing process and
equipment research and development Center".

     Please refer to the attachment for the organizational structure before and after
adjustment.

      Hereby noticed


                                                       Board of Director of Wafangdian Bearing
                                                                              Company limited
                                                                                  April 27,2023
Stock： WazhouB                         Code：200706   No.：2023-11



Organization chart before adjustment:
Stock： WazhouB                        Code：200706   No.：2023-11



Organization chart after adjustment: