Shorttitle:WaZhouB Code：200706 No.:2018-01 WafangdianBearingCompanyLimited Estimatedperformancefor2017 Ourcompany,thewholemembersoftheboardofdirectorsandtopmanagementsensuredthetruth,accuracy, completeness,nofalserecord,misleadingstatementandfatalomitoftheannouncement. I.Theestimatedperformanceforthecurrentperiod 1.Performanceperiod：January1,2017toDecember31,2017. 2.Estimatedperformance:□Losses □turnlossesintogains □increasecomparedwithlastperiod ■Declinecomparedwithlastperiod Items Currentperiod Lastperiod Netprofitownedtothe Gains:About10millionYuan Gains:30,872,950.22Yuan shareholdersoflistingcompany Basicgainsonpershare Gains:About0.03Yuan. Gains:0.08Yuan II.Theauditedsituation Theestimatedperformanceforthecurrentperiodisunaudited III.Statementforperformancechange i.Duringthereportperiod,therawmaterialprocurementcostincreased,whichleadtotheprofit decrease. ii.Duringthereportperiod,thecompanyadjusttheproductionstructure,stop producingandsalingthelossproducttopartoftheclient,meanwhile,thecompanyincreasethesaleprice,whichleadtotheprofitincrease. iii.Duringthereportperiod,theperiodexpensedecrease,whichleadtotheprofitincrease. iv.Thenon-operatingprofitdecreasesharply. IV.Otherrelativestatement 1.Theestimatedperformanceisthepreliminarydata,thedetailwillbedisclosedinannualreportof2017. 2.ThespecifiedmediaforitisSecuritiesTimes,HongKongCommercialNewspaperandthewebsiteishttp://www.cninfo.com.cn.Thecompany'sinformationwillbedisclosedinlinewithrelativelawsandregulation,pleasepayattentiontotheinvestmentrisk. SpeciallyAnnouncement BoardofdirectorofWafangdianbearingCo.,Ltd January26,2018