Wafangdian Bearing Company Limited 2025 Annual Report Abstract

Stock code：000706 Stock ID:Wazhou B Announcement No.2026-15

Wafangdian Bearing Company Limited

2025Annual Report Abstract

1. Important Notes

This abstract was derived from the annual report the annual report issued on the Shenzhen Stock Exchange web or other web

appointed by and CSRC; details please refer to the whole annual report.All directors attended the Board meeting and discussed the report.Reminder of the qualified auditor’s opinions

□ Applicable □ Not applicable

Preplan of Profit Distribution for Common Stock or Preplan for Capitalization of the Reserves in the Reporting Period Reviewed

by the Board Meeting

□ Applicable □ Not applicable

The company plans not to distribute cash dividends not to issue bonus shares and not to convert the retained earnings into

additional shares.The profit distribution plan for preferred stocks for the current reporting period as approved by the board of directors.□ Applicable □ Not applicable

As of the end of the reporting period the parent company had unremedied losses.The parent company's taxable income was insufficient to cover the losses thus resulting in unremedied losses. For details on how

to remedy the situation please refer to Section 8 - Financial Reports Item 7 - Consolidated Financial Statement Notes Note 29 -

Deferred Income Taxes/Deferred Income Tax Liabilities (5). The company will not distribute dividends in 2025 due to the losses.

2. Brief Information of the listed company

(i) Brief Information of the company

Secretary of the Board Representative of StockA ffairs

Name Sun Najuan Ke Xin

No. 1 Beigongji Street Wafangdian City No. 1 Beigongji Street Wafangdian City

Correspondence address

Liaoning Province China. Liaoning Province China.Consulting telephone 0411-62198333 0411-62198333

Fax 0411-62198008 0411-62198236

E-mail zwz2308＠126.com zwz2308＠126.com

(ii). Principal Businesses in the Reporting Period

The scope of operation is: Licensed items: inspection and testing services import and export of goods import and export of

technologies (for items subject to approval according to law business activities can only be carried out after approval by relevant

departments and the specific business items shall be subject to the approval result)Bearing manufacturing bearings gears and

transmission components manufacturing high speed precision heavy-duty bearing sales sales bearings gears and transmission

parts bearing sales general equipment manufacturing (excluding special equipment manufacturing) high-speed rail equipment

parts manufacturing machinery and equipment sales rail transportation equipment key system and parts sales sales of lubricating

oil high-speed rail equipment and accessories salesWind generators and spare parts sales machinery parts spare parts sales

railway locomotive vehicle accessories manufacturing railway locomotive vehicle accessories sales auto parts and accessories

manufacturing auto parts wholesale and retail auto parts metal products repair sales metal materials metal products sales metal

surface treatment and heat treatment processing quenching processMachinery parts and spare parts processing land use right

1Wafangdian Bearing Company Limited 2025 Annual Report Abstract

leasing housing leasing non-residential real estate leasing mechanical equipment leasing computer and communication

equipment leasing transportation equipment leasing service office equipment leasing service storage equipment leasing service

special equipment leasing labor services (excluding labor dispatch)Technology service technology development technology

consultation technology exchange technology transfer technology popularization (with the exception of the projects subject to

approval according to law independently carry out business activities according to law with the business license)

(iii).Main accounting date

(1) Main accounting date in the near three years

Whether the company needs to retroactively adjust or restate the accounting data of previous years

□ Yes □ No

In RMB Yuan

This year-end shows an

By the end of

By the end of 2025 By the end of 2024 increase or decrease compared

2023

to the previous year-end.Total assets 2787274723.39 3316568117.52 -15.96% 3180391222.98

Net assets attributable to

shareholders of the listed 199023958.34 260983803.23 -23.74% 371306068.15

company

This year has seen an increase

2025 2024 or decrease compared to the 2023

previous year.Operating Revenue 2351123992.31 2053626920.80 14.49% 2193273682.20

Net profit attributable to

shareholders of the listed -58093066.41 -110212481.53 47.29% -99478593.08

company

The net profit attributable

to shareholders of the listed

company after deducting -99663519.77 -141102071.15 29.37% -129316113.23

non-recurring gains and

losses

Net Cash Flow Generated

385181444.86105718993.26264.34%84322692.15

from Operating Activities

Basic Earnings Per Share

-0.1443-0.273847.30%-0.2471

(yuan/share)

Diluted Earnings Per Share

-0.1443-0.273847.30%-0.2471

(yuan/share)

Weighted Average Return

-25.26%-34.86%9.60%-0.24%

on Net Assets

（2）Quarterly major accounting data

In RMB Yuan

1s Quarter 2nd Quarter 3rd Quarter 4th Quarter

Operating income 670576656.24 660038561.24 545785818.80 474722956.03

Net profit attributable to shareholders of

-7775309.04-13155602.50-8582720.10-28579434.77

the listed company

The net profit attributable to shareholders

of the listed company after deducting non- -14549594.19 -17128032.12 -14003412.38 -53982481.08

recurring gains and losses

Net cash flows generated from operating

27045356.92212611094.8140547599.94104977393.19

activities

2Wafangdian Bearing Company Limited 2025 Annual Report Abstract

Whether the financial indicators or the total number of company has disclose quarterly reports semi-annual report related financial

indicators exist significant differences

Inapplicable

(iv) Shareholders and shares

(1) Information on the top 10 shareholders

Unit:shock

Total

preferenceshareholder

Total Total common Total preference

s withthe voting

common shareholders atthe shareholders iththe

power

shareholders end of themonth voting owerre covered

4889 2774 0 not recovered at the 0

in beforebefore the at theend of the

end of the month

the reporting date of disclosing reporting

before the day of

period the annual report period (if any)

disclosingthe annual

report

Top 10 shareholders' holdings (excluding shares loaned through refinancing)

Number of holdings pledged marked or frozen

Shareholder Nature of the shareholding The number of non-

at the end of status

names shareholders ratio tradable shares held

reporting period Status of shares Quantity

Wafangdian

Bearing State-owned

74.15% 298524555 244000000.00 not applicable 0

Group shareholder

Corporation

Dalian Youth

Development Other 19.70% 79300000 0 not applicable 0

Foundation

Foreign

Wang Xiao 0.19% 774420 0 not applicable 0

shareholder

Domestic

Chen Peng 0.18% 738100 0 not applicable 0

shareholder

Jiang Domestic

0.17% 700000 0 not applicable 0

Guangsen shareholder

Bocom

International Foreign

0.14% 575068 0 not applicable 0

Securities shareholder

Co. LTD

Foreign

Li Zhijun 0.14% 573764 0 not applicable 0

shareholder

Domestic

Zhou Yan 0.12% 463700 0 not applicable 0

shareholder

Foreign

Zhou Mei 0.11% 443620 0 not applicable 0

shareholder

Yang Domestic

0.11% 437811 0 not applicable 0

Yiguang shareholder

Among the top ten shareholders of the Company there is no association or

About the fact that a strategic investor or concerted action between the largest shareholder and other shareholders or

ordinary corporate became one of the top among the top ten shareholders of tradable shares and the association and

ten shareholders due to placement of new concerted action between other shareholders among the top ten shareholders of

shares (if any) (Refer to Note 3) tradable shares and among the top ten shareholders of tradable shares and other

shareholders are unknown.Explanation on associated relationship or

None

consistent action of the above shareholders

Shareholders holding more than 5% the top 10 shareholders and the top 10 unlimited tradable shareholders participate in the

lending of shares in the business of securities lending

3Wafangdian Bearing Company Limited 2025 Annual Report Abstract

Inapplicable

The top 10 shareholders and the top 10 shareholders with unlimited tradable shares changed due to the reasons of

lending/repayment of securities

□ Applicable □ Not applicable

(2) Total Preference Shareholders and the Shares Held by the Top 10 Preference Shareholders

□ Applicable □ Not applicable

(3)Relationship of the property right and controlling between the Company and actual controller:

(v).Potential suspension and delisting

□ Applicable □ Not applicable

3.Important event

No

4