AnnouncementofWafangdianBearingCompanyLimited 20172ndExtraordinaryShareholders’Meeting TheCompany,allthemembersoftheBoardofDirectors,supervisorsandtopmanagementherebyguarantee thetruth,accuracyandcompletenessoftheinformationdisclosure,noanyfalserecords,misleadingstatements andmajormissingcontents. The20173rdExtraordinaryBoardofDirectorsofWafangdianBearingCompanyLimiteddecidedtoholdthe 2017 2ndextraordinary shareholders’meetingat 29December,2017,relevanteventsof theMeeting announceasfollow: I.Basicsituation: 1.Periodofboardsession:20172ndextraordinaryshareholders’meeting 2.Convener:BoardofDirectoroftheCompany 3. The meetingis inline withrelevant laws and administrative regulations,department rules, normativedocumentsandarticleofassociation. 4.Conferencedate: (1)On-sitemeeting:14:30on29December,2017 (2)Networkvoting:specificdateforpollingthroughtradingsystemonShenzhenStockExchangewillat 9:30a.m.―11:30a.m.and1:00p.m.-3:00p.m.on29December,2017;specificdateforpollingthrough internetvotingsystemonShenzhenStockExchangewillbeanytimefrom3:00p.m.,28December,2017to 3:00p.m.29December,2017. 5.Conferenceway:On-sitevotesplusnetworkpolling (1)On-sitevoting:shareholderattendstheMeetinginpersonorentrustothersattendtheMeetingthrough LetterofAuthorization. (2)Networkpolling:TheCompanywillprovideavotingasaninternetformtowholeshareholdersthrough thetradingsystemandinternetpollsystem(http://wltp.cninfo.com.cn)ofSZSE.Shareholdersshould participateinvotinganytimeinthenetworkpollingduringtheabovementionedtimeperiod. AccordingtotheregulationofArticle ofAssociation,theshareholdersoftheCompany,whosenames registeredondateofrecord,shallexercisevotingrightsviacorrespondinglyvotingsystem.Oneofthe pollingwaysbetweenon-sitevotingandinternetpollingisavailableforthesameshareonly.Ifrepeatvotes occurredinthesamevoting,thefirstvalidvotingresultshallprevail. 6.DateofRecord:25December,2017 ShareholderofB-stock,withsharesheldon20December,2017(thefinaltradingdateforB-shareholder attendthemeeting)orbefore20December,2017,shallattendantthemeeting. 7.Attendance:(1)AllshareholderswhosenameappearonregisteroftheShenzhenBranchofChina SecuritiesDepositoryandClearingCorporationlimitedwhilethetradingcloseatnoonon25December, 2017.TheabovementionedshareholdersoftheCompanyhavetherighttoattendthemeeting,theycan attendthemeetingthroughproxybytrustdeedandshareholderoftheCompanywouldn’tbenecessaryas theproxy.Orattendtheinternetpollingduringthetimefornetworkvoting. (2)Director,supervisorandseniorexecutivesoftheCompany (3)AttorneyengagedbytheCompany 8.Conferenceplace:309ConferenceRoom,WazhouGroupNo.1BeigongjiYiduanStreet,Wafangdian, Liaoning II.Proposals: 1.Theproposalofadjustingadditionalamountofdailyrelatedtransactionsandtotalforecastof2017. TheabovementionedproposalsaredeliberatedandapprovedbyThe20173rdExtraordinaryBoardof Directors of BOD and The 2017 3rd Extraordinary Supervisory Committee, found more in the Announcementofadjustingtheadditionalamountoftherelated-partytransactionandtotalforecastof2017 releasedonJuchaoWebsitehttp://www.cninfo.com.cndated12December2017. III.Proposalserial Serial Proposals Note Votefortheitemwith Check“√” 100 Generalproposal √ Noncumulativevotingproposal Theproposalofadjustingadditionalamountofdailyrelated 1.00 transactionsandtotalforecastof2017. √ III.Registrationforon-sitemeeting 1.Registrationdate:9:30a.m.�C11:30a.m.(28December,2017) 13:00p.m.�C16:30p.m.(28December,2017) 2.Placeofregistration:309ConferenceRoom,OfficeBuildingofWazhouGroup 3.Registrationway: (1)PersonalIDcardaccompaniedbytheshareholdingcertificatesandstockaccountcardmustbetakenfor individualshareholders.Ifattendedthemeetingbyproxy,theattendantmustholdtheIDcopyoftheclient, powerofattorney,shareholdingcertificates,stockaccountcardalongwithagent’sIDcardforregistration; (2) For corporate shareholders,the copy of thebusiness license, certificate of identity of the legal representative,powerofattorney,shareholdingcertificatesalongwithIDofproxymustbenecessary. (3)Theshareholdersinotherplacescanregisterinwayoffax,at9:30a.m.�C11:30a.m.and13:00p.m.�C 16:30p.m.on28December,2017 IV.Operationalprocessofnetworkpolling OntheAGM,shareholderscanparticipateinvotingthroughtradingsystemandinternetpollingsystem (http://wltp.cninfo.com.cn) oftheSSE,relevantdetailsfoundinattachment1 V.Other 1.Meetingcontact: Contactaddress:DivisionofInvestmentSecurities,No.1BeigongjiStreet,Wafangdian,Liaoning Personincontact:KeXin,ZhuangJinling Telephone:0411-39116731,39116732 Tax:0411-39116738 Code:116300 2.ConferenceFees: Transportationandboardingexpensesforattendanceshallbepaidbythe participantsthemselves VI.Documentsavailableforreference 1.ResolutionofThe20173rdExtraordinaryBoardofDirectorsofWBC; 2.OtherdocumentsaccordingtotheShenzhenStockExchange AttachmentI:Operationalprocessofnetworkpolling AttachmentII.LetterofAttorney Herebynotify BoardofDirectorofWafangdianBearingCo.,Ltd. 12December2017 OperationalprocessofnetworkpollingforshareholdersofWafangdianBearingCo.,Ltd. Inthe20172ndextraordinaryshareholders’meeting,shareholderscanparticipateinvotingthroughthe tradingsystemandinternetpollingsystemofShenzhenStockExchange. I.Votingprocess 1.Votingcode:360706;votingabbreviation:WzhouVoting 2.Opinionforlisting Theproposalson20172ndextraordinaryshareholders’meetingarethenoncumulativevotingproposal, resultforvotingareasAgreed,AgainstandAbstention. 3. The shareholdervoteforgeneral proposalmeansthesame voting result for allproposals. If the shareholdervotedforgeneralproposalandforindividualproposalatthesametime,thefirsteffectivevoting shouldprevail.Iftheshareholdervotedforgeneralproposalafterrelevantproposalvoting,thevotingresult for relevantproposalshouldprevail,and otherun-votedproposalswouldbaseontheresultvotingfor generalproposal.Ifvotedforrelevantproposalaftervotingforgeneralproposal,theresultvotingforgeneral proposalshouldprevail. IIVoteviatradingsystemofSZS 1.Votingperiod:9:30-11:30am,1:00-3:00pmtradingtimeon29December2017 2.log-onShenzhenStockExchangeforclientparticipateinvotingviatradingsystem III.Votingviainternetpollsystem 1.Votingperiod:Thevotingviainternetpollsystemwillstartat3:00pmon28December2017(oneday beforeon-siteconferenceheld),andcloseat3:00pmon29December2017(datewhenon-siteconference closed) 2.Shareholdersvotingviainternetpollsystem,accordingtotheregulationofBusinessImplementationof NetworkServiceIdentityVerificationforInvestorsofSZSE(2016Revised),shareholdersmustchoosethe digitalcertificateorservicepasswordforidentityverification.Specificidentifyverificationfoundmoreon http://wltp.cninfo.com.cn3.Theshareholdersmayvoteon-linevialogginginhttp://wltp.cninfo.com.cnwithservicepasswordordigitalcertificate. Attachment2: LetterofAttorney HerebyentrustMr./Ms. Toattendthe20172ndextraordinary shareholders’meetingof WafangdianBearingCo.,Ltd.onbehalfofhimselforherselfandexecutevoterightsonbehalf.Voting resultsareas: Note Serial Proposal Votefortheitem Agreed Against Abstention withCheck“√” 100 Generalproposal √ Noncumulativevotingproposal 1 Theproposalofadjustingadditionalamountof √ dailyrelatedtransactionsandtotalforecastof 2017. TheattorneyeffectivefromthedateofissueandfailureontheMeetingclosed. Consignor: ID: Consignor’sshare: shares ShareholderAccount: Consignee: ID: Dateofconsignation: (PrintsandcopiesoftheAttorneyarevalid)