Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-24

Wafangdian Bearing Co. LTD. 2025 Annual General

Meeting Resolution Notice

All members of the board of directors guarantee that the information disclosed is true accurate

and complete without false records misleading statements or major omissions.I.Important tips

1. The notice and announcement of this meeting has been published on Securities Times and

http://www.cninfo.com.cn.on June 9 2026.

2. There was no increase change or rejection of motions at this general meeting of shareholders.

3. This general meeting of shareholders does not involve any change to the resolutions passed

by previous general meetings of shareholders.II. The convening of the conference

1. Time of meeting

(1) On-site meeting time: 14:30 p.m. on Tuesday June 302026；

(2) Online voting time: The voting time through the trading system of the Shenzhen Stock

Exchange is from 9:15 a.m. to 9:25 a.m. 9:30 a.m. to 11:30 a.m. and 1:00 p.m. to 3:00 p.m. on

June 302026. Voting through the Internet voting system of the Shenzhen Stock Exchange can

be conducted at any time from 9:15 a.m. to 3:00 p.m. on June 302026.

2. On-site meeting place: Room 1004 of Wazhou Group

3. Meeting method: on-site ballot and online voting are combined

4. Convenor: Wafangdian Bearing Co. LTD. Board of Directors

5. Meeting moderator: Mr. Zhang Xinghai

6. The meeting is held in accordance with the Company Law stock Listing Rules and articles of

Association.III. Attendance of the meeting

1. There are 14 shareholders and authorized representatives attending the meeting representing

378640532 shares accounting for 94.05% of the total number of voting shares of the listed

company. Among them there is one domestic shareholder (representative) representing

244000000 shares accounting for 60.61% of the total number of voting shares of the listed

company. There are 14 foreign shareholders (agents) with voting rights representing

134640532 shares accounting for 33.44% of the total number of voting shares of the listed

company.

(1) There were 2 shareholders and authorized representatives of shareholders present at the

meeting representing 377824555 shares accounting for 93.85% of the total number of voting

shares of the listed company.

(2) There are 12 shareholders voting through the trading system and Internet voting system of

Shenzhen Stock Exchange representing 815977 shares accounting for 0.20% of the total

number of voting shares of the listed company.

1Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-24

Overall situation of minority shareholders attending the meeting: 12minority shareholders voted

on site and online representing 815977 shares accounting for 0.20% of the total number of

voting shares of the listed company.

2. Part of the company's directorssenior management and hired lawyers attend this meeting.

IV. Review and voting of bills

The shareholders' meeting deliberated and passed the following motions by a combination of

on-site secret voting and online voting. The specific voting situation is as follows:

1. Review of the 2025 Annual Board Report

378075456shares agreed (of which 377824555 shares agreed by on-site voting and 250901

shares agreed by online voting) accounting for 99.85% of the total number of shares with valid

voting rights present at this shareholders' meeting;565076 shares opposed (including 0 shares

opposed by on-site voting and 565076 shares opposed by online voting) accounting for 0.15%

of the total number of shares with valid voting rights attending the shareholders' meeting; No

shares are waived.Among them 244000000 domestic shares were approved accounting for 100% of the total

number of valid voting shares of domestic shareholders attending the shareholders' meeting;

Oppose 0 shares; No shares are waived. Foreign shares agreed to 134075456shares accounting

for 99.58% of the total number of valid voting rights of foreign shareholders attending the

general meeting and opposed 565076 shares accounting for 0.42% of the total number of valid

voting rights of foreign shareholders attending the general meeting; No shares are waived.Minority shareholders (in addition to the company's directors senior management and other

shareholders other than shareholders who hold more than 5% of the company's shares alone or

in total) voting: approve 250901shares; 565076 votes against 0 abstained.Voting result: Agreed

2. Review of the 2025 Profit Distribution Plan

378020856shares agreed (of which 377824555 shares agreed by on-site voting and

196301shares agreed by online voting) accounting for 99.84% of the total number of shares

with valid voting rights present at this shareholders' meeting; 619676 shares opposed (including

0 shares opposed by on-site voting and 619676 shares opposed by online voting) accounting

for 0.16% of the total number of shares with valid voting rights attending the shareholders'

meeting; No shares are waived.Among them 244000000 domestic shares were approved accounting for 100% of the total

number of valid voting shares of domestic shareholders attending the shareholders' meeting;

Oppose 0 shares; No shares are waived. Foreign shares agreed to 134020856shares accounting

for 99.54% of the total number of valid voting rights of foreign shareholders attending the

general meeting and opposed 619676 shares accounting for 0.46% of the total number of valid

voting rights of foreign shareholders attending the general meeting; No shares are waived.Minority shareholders (in addition to the company's directors senior management and other

shareholders other than shareholders who hold more than 5% of the company's shares alone or

in total) voting: approve196301shares; 619676 votes against 0 abstained.Voting result: Agreed

2Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-24

3. Review of the 2025 Annual Report and its summary

378075456shares agreed (of which 377824555 shares agreed by on-site voting and 250901

shares agreed by online voting) accounting for 99.85% of the total number of shares with valid

voting rights present at this shareholders' meeting;565076 shares opposed (including 0 shares

opposed by on-site voting and 565076 shares opposed by online voting) accounting for 0.15%

of the total number of shares with valid voting rights attending the shareholders' meeting; No

shares are waived.Among them 244000000 domestic shares were approved accounting for 100% of the total

number of valid voting shares of domestic shareholders attending the shareholders' meeting;

Oppose 0 shares; No shares are waived. Foreign shares agreed to 134075456shares accounting

for 99.58% of the total number of valid voting rights of foreign shareholders attending the

general meeting and opposed 565076 shares accounting for 0.42% of the total number of valid

voting rights of foreign shareholders attending the general meeting; No shares are waived.Minority shareholders (in addition to the company's directors senior management and other

shareholders other than shareholders who hold more than 5% of the company's shares alone or

in total) voting: approve 250901shares; 565076 votes against 0 abstained.Voting result: Agreed

4. Review the "Proposal on the Provision for Credit Impairment and Asset Impairment in

2025"

378075456shares agreed (of which 377824555 shares agreed by on-site voting and 250901

shares agreed by online voting) accounting for 99.85% of the total number of shares with valid

voting rights present at this shareholders' meeting;565076 shares opposed (including 0 shares

opposed by on-site voting and 565076 shares opposed by online voting) accounting for 0.15%

of the total number of shares with valid voting rights attending the shareholders' meeting; No

shares are waived.Among them 244000000 domestic shares were approved accounting for 100% of the total

number of valid voting shares of domestic shareholders attending the shareholders' meeting;

Oppose 0 shares; No shares are waived. Foreign shares agreed to 134075456shares accounting

for 99.58% of the total number of valid voting rights of foreign shareholders attending the

general meeting and opposed 565076 shares accounting for 0.42% of the total number of valid

voting rights of foreign shareholders attending the general meeting; No shares are waived.Minority shareholders (in addition to the company's directors senior management and other

shareholders other than shareholders who hold more than 5% of the company's shares alone or

in total) voting: approve 250901shares; 565076 votes against 0 abstained.Voting result: Agreed

5. Review the Proposal "Regarding undistributed deficit Losses Exceeding One-third of

the Total Paid-in Share Capital"

378075456shares agreed (of which 377824555 shares agreed by on-site voting and 250901

shares agreed by online voting) accounting for 99.85% of the total number of shares with valid

voting rights present at this shareholders' meeting;565076 shares opposed (including 0 shares

opposed by on-site voting and 565076 shares opposed by online voting) accounting for 0.15%

of the total number of shares with valid voting rights attending the shareholders' meeting; No

3Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-24

shares are waived.Among them 244000000 domestic shares were approved accounting for 100% of the total

number of valid voting shares of domestic shareholders attending the shareholders' meeting;

Oppose 0 shares; No shares are waived. Foreign shares agreed to 134075456shares accounting

for 99.58% of the total number of valid voting rights of foreign shareholders attending the

general meeting and opposed 565076 shares accounting for 0.42% of the total number of valid

voting rights of foreign shareholders attending the general meeting; No shares are waived.Minority shareholders (in addition to the company's directors senior management and other

shareholders other than shareholders who hold more than 5% of the company's shares alone or

in total) voting: approve 250901shares; 565076 votes against 0 abstained.Voting result: Agreed

6. Review the "Proposal on the Estimated Daily Related Party Transactions of the

Company in 2026"

The shares held by the first major shareholder of the company - Wazhou Group totaling

298524555 shares (including 244000000 domestic shares and 54524555 foreign shares held

through the tender offer) have been avoided in accordance with relevant requirements for this

proposal. The voting results of the remaining shareholders are as follows:

79550901 shares were in favor (including 79300000 shares voted in person and 250901

shares voted through the network) accounting for 99.29% of the valid voting shares at this

shareholders' meeting; 565076 shares were against (including 0 shares against in person voting

and 565076 shares against through the network voting) accounting for 0.71% of the valid

voting shares at this shareholders' meeting; 0 shares were abstained.Minority shareholders (other shareholders excluding the company's directors senior

management personnel and those who individually or collectively hold more than 5% of the

company's shares) voted as follows: 250901 shares in favor; 565076 shares against; 0 shares

abstained.Voting result: Agreed

V. Legal opinions issued by lawyers

1. Law Firm Name: Liaoning Huaxia Law Firm

2. Lawyer's name: Bao Jingxin Liu Cuimei

3. Concluding Comments: The convening and convening procedures of the general meeting of

shareholders of the Company comply with laws regulations and the Articles of Association; The

qualifications of the personnel attending the shareholders' meeting are legal and valid; The

voting procedure at the shareholders' meeting is legal and effective; Resolutions adopted by the

shareholders' general meeting are legal and valid.VI. Documents for reference

1. Wafangdian Bearing Co. LTD. 2025 annual General Meeting resolution;

4Stock abbreviation: Wazhou B Stock code: 200706 No.: 2026-24

2. Liaoning Huaxia Law Firm legal opinion on wafangdian Bearing Co. LTD. 2025 Annual

General Meeting of shareholders

Notice is hereby given.Wafangdian Bearing Co. LTD

June 30 2026

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