公告日期：2026-04-28

Stock： WazhouB Code：200706 No.：2026-19

Wafangdian Bearing Co., LTD

Announcement on the Profit Distribution Plan for 2025
Our company, the whole members of the board of directors and top managements ensured the truth,
accuracy, completeness, no false record, misleading statement and fatal omit of the announcement.

I. Review Procedure

Wafangdian Bearing Co., LTD. (hereinafter referred to as the "Company") held
the 5th meeting of the 10th Board of Directors on April 24, 2025, and deliberated
and approved the "Profit Distribution Plan for 2025". This proposal still needs to
be submitted to the Company's 2025 shareholders' meeting for review.

II. The basic situation of the profit distribution and capital reserve fund
conversion into share capital plan

According to the audit conducted by Zhongshen Zhonghuan Certified Public
Accountants (Special General Partnership), the net profit attributable to the
parent company's shareholders for the year 2025 was -58,093,066.41 yuan.
Adding the beginning undistributed profits of -766,382,732.49 yuan, the
distributable profit was -824,475,798.90 yuan. No legal surplus reserve was
extracted. The total distributable profit for shareholders was 0 yuan. After paying
the cash dividends distributed to shareholders in 2024 of 0 yuan, the
undistributed profit at the end of the year was -824,475,798.90 yuan.

Given that the distributable profit for the company in 2025 was negative,
considering the actual situation of the company and its operational needs, the
board of directors agreed on the 2025 profit distribution plan as follows: In 2025,
the company will not distribute dividends, will not issue bonus shares, and will not
convert the accumulated surplus reserve into share capital.

III. Specific Details of the cash dividend plan

(1) The profit distribution plan for 2024 does not trigger any other risk warnings

Project 2025 ……
[点击查看PDF原文]

提示：本网不保证其真实性和客观性，一切有关该股的有效信息，以交易所的公告为准，敬请投资者注意风险。