Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-18

Wafangdian Bearing Company Limited Announcement of the

Resolution of the 5th Meeting of the 10th BOD

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.I. Convening of the Board Meeting

1. Time and manner of the notification

The notice on convening the 5th session of 10th BOD under the name of Wafangdian

Bearing Company Limited was sent by written fax on April 14 2026.

2. Time place and manner of the Board Meeting

The 5th session of 10th BOD to be held on 24 April 2026 at 9:30 a.m. in the conference

room 1004 of the office building of Wafangdian Group by means of on-site combined

video conferencing.

3. Number of directors who should have attended the Meeting and actual number of

directors who attended

12 directors should attend 12 actually attended

4. Moderator of the Meeting and participants of the Meeting

The Meeting was chaired by President Mr. Zhang Xinghai and Some of the company's

supervisory executives attended the meeting.

5. The Meeting of the BOD was held in accordance with the relevant provisions of

Company laws and Article of Association.II. Meeting consideration

1. Report of BOD of 2025;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

2. Profit Distribution Plan of 2025;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

3. Annual Report of 2025 and Summary;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

4. Self-assessment Report of Internal Control for the year 2025;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

5. Proposal on the provision for credit impairment and asset impairment in 2025;

1Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-18

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

6. Motion concerning uncovered losses exceeding one third of the paid-in capital

stock;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

7. 2026 Production and operation plan;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

8. A proposal on the company's forecast of daily connected transactions in 2026;

Before the proposal was submitted to the Board of Directors for consideration it had

been reviewed at a special meeting of independent directors and approved by all

independent directors.The related directors Zhang Xinghai Chen Jiajun and Wang Jiyuan have obviated from

the voting while voting for the relative related issues. The vote was conducted by 9 other

non-related directors.Vote result: 9 valid votes 9 approving votes 0 rejecting vote and 0 abstaining votes;

9. 2026 First quarter report;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

10. A motion to hold the 2025 Annual General Meeting of shareholders;

Voting result: 12 valid votes 12 in favor 0 against 0 abstentions

The notice for the 2025 annual shareholders' meeting will be issued separately.The reported issues as follows:

1. Special report on the independent self-inspection of the company's independent

directors

2. The company's assessment report on the performance of the accounting firm

3. Report on the Performance of Supervisory Duties by the Audit Committee of the

Company's Board of Directors on the accounting firm

4. Report on the Performance of the Audit Committee in 2025

5. Independent Director's 2025 Annual Report

Except for proposals 7 and 10all other proposals and five reported items can be found on the

designated information disclosure website (http://www.cninfo.com.cn).Except for proposals 4 7 9 and 10 the other proposals are awaiting approval at the company's 2025

Annual General Meeting of Shareholders.

2Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-18

III. Documents Available for Reference

1. Resolution of the 5th meeting of the 10th Board of Directors of Wafangdian Bearing

Co. LTD.;

2.2025 Annual audit report;

3.The 2025 annual report and the 2026 first-quarter report signed and stamped by the

company's legal representative the person in charge of accounting work and the person

in charge of accounting institution;

4. Internal control audit report;

5. Resolution of special meeting of independent directors;

6. Resolutions of the Board of Auditors.

7. Other documents required by the Shenzhen Stock Exchange.

Hereby notify

Board of directors of

Wafangdian bearing Company limited

April 27 2026

3Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-18

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