Shorttitle:WaZhouB Code:200706 No.:2017-29 WafangdianBearingCompanyLimited Correctionreportonthefirstquarterof2017 TheCompany,allmembersoftheBoardofDirectors,supervisorsandtopmanagementhereby guaranteethetruth,accuracyandcompletenessoftheinformationdisclosure,noanyfalserecords, misleadingstatementsandmajormissingcontents. WafangdianBearingCompanyLimiteddisclosedthe"2017firstquarterlyreport"and"2017 firstquarter report(MainText)"inApril25,2017,due tostaff negligence,mistakethebasic situationof"company"report insectionsecond,thefirstsection"majoraccountingdata and financialindicators"in"attributabletoshareholdersoflistedcompaniesnetprofitafterdeducting non"recurringdatafillinerror,nowcorrectedasfollows: Beforecorrection: 1Majoraccountingdataandfinancialindexes Jan-Mar2017 Jan-Mar2016 +/-toprevious Netprofitattributabletotheshareholdersofthelistedcompany 615,347.36 -1,325,821.30 -146.41% afterdeductingofnon-recurringgain/loss(RMB) Aftercorrection: 1Majoraccountingdataandfinancialindexes Jan-Mar2017 Jan-Mar2016 +/-toprevious Netprofitattributabletotheshareholdersofthelistedcompany 615,347.36 -1,164,062.96 -152.86% afterdeductingofnon-recurringgain/loss(RMB) Thecompany's"fullreportinthefirstquarterof2017"andothercontentsof"thefirstquarterof 2017report"remainunchanged.thecompanytoexpressmysincereapologies,investorsshould understand,inthefuturethecompanywillfurtherstrengtheninformationdisclosureoftheaudit effortstoimprovethequalityofinformationdisclosure. Thecorrected"2017firstquarterlyreport"and"2017firstquarterreporttext(MainText)"please seethecompanyonJune27,2017publishedinthecninfo. Herebynotify BODof WafangdianBearingCo.,Ltd. June27,2017