Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-30
Wafangdian Bearing Co. Ltd.Announcement on Submitting Application for Termination of Listing
to Shenzhen Stock Exchange
The Company and all members of the BOD guarantee that the information disclosed is true accurate and
completed and that there are no false records misleading statements or material omissions.Wafangdian Bearing Group Co. Ltd. (hereinafter referred to as "Wafangdian Bearing Group" or the
"Offeror") announced the Tender Offer Report on Wafangdian Bearing Co. Ltd. on January 19 2026
and resolved to launch a comprehensive tender offer to all shareholders of Wafangdian Bearing Co.Ltd. (hereinafter referred to as the "Company" or "Wazhou B") other than the Offeror to acquire the
Company's shares held by them commencing on January 20 2026. The term of this tender offer
shall last for 39 calendar days starting from January 20 2026 (inclusive) and ending on February 27
2026 (inclusive).
According to the statistics provided by China Securities Depository and Clearing Corporation Limited
Shenzhen Branch as of February 27 2026 a total of 1459 shareholders of Wazhou B have
tendered their shares in acceptance of the offer representing an aggregate of 54524555
unrestricted tradable public shares tendered. In accordance with the effectiveness conditions
stipulated in the Tender Offer Report on Wafangdian Bearing Co. Ltd. this tender offer has become
effective.Upon completion of the transfer of all tendered offer shares the proportion of shares held by public
shareholders in the Company’s total share capital will drop below 10%. In accordance with the
Securities Law of the People’s Republic of China the Shenzhen Stock Exchange Stock Listing Rules
and other relevant laws and regulations the equity structure of the Company will no longer satisfy the
listing criteria. Pursuant to the aforesaid provisions the Company will submit an application to the
Shenzhen Stock Exchange for termination of its stock listing.Zhongtian Securities Co. Ltd. the independent financial advisor of the Company has issued the
Opinion of Zhongtian Securities Co. Ltd. as Independent Financial Advisor on the Voluntary
Termination of Listing of Wafangdian Bearing Co. Ltd. stating that: "The voluntary delisting of
Wazhou B this time complies with the provisions of relevant laws regulations and the business rules
of the SZSE; the triggering conditions are legal and valid; the decision-making procedures are
compliant; and the information disclosure is sufficient and complete. The Company has disclosed the
reasons for the voluntary termination of listing and made special arrangements for the tender offer for
Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-30
the remaining shares.Kangda Law Firm the legal counsel retained by the Company for the voluntary delisting issued the
Legal Opinion of Kangda Law Firm (Guangzhou) on the Voluntary Termination of Listing of
Wafangdian Bearing Co. Ltd. which states: "This Delisting Plan complies with the provisions of
relevant laws administrative regulations departmental rules and normative documents including
the Securities Law the Measures for the Administration of Acquisitions and the Listing Rules; as of
the date of issuance of this Legal Opinion the necessary approvals and authorizations required for
this delisting have been obtained; however the decision by the Shenzhen Stock Exchange granting
consent to the delisting of Wazhu B Shares remains to be obtained."
The delisting of the Company’s shares is subject to the relevant decision from the Shenzhen Stock
Exchange. All investors are reminded to follow the Company’s subsequent announcements closely
and watch out for investment risks.Hereby notify
Board of Directors of
Wafangdian Bearing Company limited
September 14 2026



