Shorttitle:WaZhouB Code：200706 No.:2017-44 WafangdianBearingCompanyLimited Estimatedperformanceforthefirstthirdquarterof2017 Ourcompany,thewholemembersoftheboardofdirectorsandtopmanagementsensuredthetruth,accuracy, completeness,nofalserecord,misleadingstatementandfatalomitoftheannouncement. I.Theestimatedperformanceforthecurrentperiod 1.Performanceperiod：January1,2017toSeptember30,2017. 2.Estimatedperformance:□Losses ■turnlossesintogains □increasecomparedwithlastperiod □declinecomparedwithlastperiod Items Currentperiod Thesameperiodoflast Q3 Q3of2016 year Netprofitownedtothe About shareholdersoflisting about3,000,000.00 -53,811,799.41 380,000.00 -9,787,613.48 company （Yuan) Basicgainsonper About0.008 -0.13 About -0.02 share（Yuan) 0.001 II.Theauditedsituation Theestimatedperformanceforthecurrentperiodisunaudited III.Statementforperformancechange 1.Themanagementprincipleof"profitgrowthandcashflowandprofits,tocustomerdemandasthe center, improve product quality and service quality, production and management to achieve stable development,qualitystableandbetteroperation; 2.Strengthen the cost control, inventory funds occupancy compression effect is significant, managementcosts,salescostsdecreasedsignificantly; 3.Adjusttheproductstructure,improvesalesprices,productprofitabilityimproved. IV.Otherrelativestatement 1.Theestimatedperformanceisthepreliminarydata,thedetailswillbedisclosedinthefirstthird quarterreportof2017.ThespecifiedmediaforitisSecuritiesTimes,HongKongCommercialNewspaperand Shorttitle:WaZhouB Code：200706 No.:2017-44 thewebsiteishttp://www.cninfo.com.cn.Thecompany'sinformationwillbedisclosedinlinewithrelativelaws andregulation,pleasepayattentiontotheinvestmentrisk. SpeciallyAnnouncement BoardofdirectorofWafangdianbearingCo.,Ltd October17,2017