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Stock?abbreviation:?Wazhou?B????????????????????Stock?code:?200706?????????????????????No.:?2026-13?Announcement?on?the?Outcome?of?the?Tender?Offer?for?the????Company"s?Shares?by?Wafangdian?Bearing?Group?Co.,?????????????????Ltd.,the?Continuation?of?the?Company"s????????????????????????????Share?Trading?SuspensionThe?Company?and?all?members?of?the?BOD?guarantee?that?the?informationdisclosed?is?true,?accurate?and?completed,?and?that?there?are?no?false?records,misleading?statements?or?material?omissions.Special?Note:Limited?Shenzhen?Branch,?as?of?February?27,?2026,?a?total?of?1,459?shareholders?of?Wazhou?Bhave?tendered?their?shares?in?acceptance?of?the?offer,?representing?an?aggregate?of?54,524,555unrestricted?tradable?public?shares?tendered.?This?tender?offer?has?become?effective?in?accordancewith?the?effectiveness?conditions?stipulated?in?the?Takeover?Offer?Report?on?Wafangdian?BearingCo.,?Ltd.of?share?ownership?in?respect?of?this?tender?offer?have?been?fully?completed.?Wafangdian?BearingGroup?holds?298,524,555?shares?of?the?Company,?accounting?for?74.15%?of?the?Company"s?totalshare?capital.?As?the?proportion?of?shares?held?by?public?shareholders?is?less?than?10%?of?theCompany"s?total?share?capital,?in?accordance?with?the?provisions?of?the?Securities?Law?of?thePeople"s?Republic?of?China,?the?Rules?Governing?the?Listing?of?Stocks?on?the?Shenzhen?StockExchange?(hereinafter?referred?to?as?the?"Listing?Rules")?and?other?relevant?laws?and?regulations,the?shareholding?structure?of?the?Company?no?longer?meets?the?listing?requirements.?TheCompany?will?carry?out?the?procedures?for?the?termination?of?the?listing?of?its?shares?in?accordancewith?relevant?provisions?and?issue?corresponding?announcements?in?due?course.Pursuant?to?relevant?regulations,?the?Company"s?shares?will?continue?to?be?suspended?from?tradingfrom?the?date?of?disclosure?of?this?Announcement.to?Article?9.7.11?of?the?Listing?Rules,?no?delisting?consolidation?period?shall?be?applicable?where?alisted?company?voluntarily?terminates?its?listing?status.?The?Company"s?shares?shall?be?delistedwithin?five?trading?days?from?the?date?on?which?the?Shenzhen?Stock?Exchange?announces?thedecision?on?the?termination?of?the?Company"s?listing,?and?the?listing?of?the?Company"s?shares?shallbe?officially?terminated.?Investors?are?kindly?requested?to?pay?attention?to?the?relevant?investmentStock?abbreviation:?Wazhou?B????????????????????Stock?code:?200706?????????????????????No.:?2026-13risks.Wafangdian?Bearing?Group?Co.,?Ltd.?(hereinafter?referred?to?as?"Wazhou?Group")?announced?theTender?Offer?Report?on?Wafangdian?Bearing?Co.,?Ltd.?on?January?19,?2026,?and?resolved?to?launcha?comprehensive?tender?offer?to?all?shareholders?of?Wafangdian?Bearing?Co.,?Ltd.?(hereinafterreferred?to?as?the?"Company"?or?"Wazhou?B")?other?than?the?offeror,?to?acquire?the?Company"sshares?held?by?them,?commencing?on?January?20,?2026.?The?term?of?this?tender?offer?shall?last?for(inclusive).?Currently,?this?comprehensive?tender?offer?has?been?in?effect.?The?relevant?details?ofthis?tender?offer?are?hereby?announced?as?follows:I.?Basic?Information?of?This?Tender?Offerheadwinds,?Wazhou?B?has?suffered?consecutive?losses?and?its?operating?conditions?have?beendeteriorating.?Since?2025,?compounded?by?multiple?adverse?factors,?the?Company"s?businessoperations?have?been?further?constrained,?and?the?potential?financial?risks?facing?the?Companyhave?continued?to?escalate.?If?such?circumstances?persist,?the?Company"s?operational?risks?willinevitably?intensify.Taking?into?account?various?factors,?as?the?controlling?shareholder?of?Wazhou?B,Wazhou?Group?intends?to?launch?this?comprehensive?tender?offer?to?all?unrestricted?tradableshareholders?for?the?purpose?of?terminating?the?listing?status?of?Wazhou?B,?in?order?to?fullysafeguard?the?interests?of?Wazhou?B"s?shareholders?and?fulfill?its?responsibilities?as?a?state-ownedenterprise.shareholders?of?Wazhou?B?other?than?the?offerer.to?February?27,?2026?(inclusive),?totaling?39?calendar?days.number?of?declared?shares?of?Wazhou?B"s?public?shares?tendered?for?acceptance?and?temporarilyheld?in?custody?by?China?Securities?Depository?and?Clearing?Corporation?Limited?ShenzhenBranch?exceeds?39,050,000?shares?by?15:00?on?the?last?trading?day?during?the?valid?period?of?thistender?offer—which?means?that?the?proportion?of?Wazhou?B"s?public?shares?held?by?the?public?afterthe?acquisition?will?be?less?than?10%?of?the?total?share?capital—and?Wazhou?B?will?therefore?noStock?abbreviation:?Wazhou?B??????????????????????Stock?code:?200706????????????????????No.:?2026-13longer?meet?the?listing?requirements?pursuant?to?the?Listing?Rules?of?the?Shenzhen?StockExchange.II.?Implementation?of?This?Tender?OfferLtd.?on?the?CNINFO?Website?(http://www.cninfo.com.cn)?and?officially?launched?the?tender?offercommencing?on?January?20,?2026.of?Directors?to?All?Shareholders?Concerning?the?Tender?Offer?by?Wafangdian?Bearing?Group?Co.,Ltd.?on?the?CNINFO?Website?(http://www.cninfo.com.cn).announcements?regarding?the?tender?offer?for?the?Company"s?shares,?as?well?as?a?specialreminder?announcement?specifying?that?the?acceptance?of?the?tender?offer?cannot?be?withdrawnduring?the?three?trading?days?prior?to?the?expiration?of?the?offer?period,?on?the?Securities?Times?andthe?CNINFO?Website?(www.cninfo.com.cn).(www.szse.cn)?on?a?daily?basis?during?the?tender?offer?period,?the?number?of?shares?tendered?andwithdrawn?on?the?preceding?trading?day,?as?well?as?the?cumulative?net?number?and?proportion?ofshares?tendered?during?the?offer?period.III.?Outcome?of?This?Tender?OfferAccording?to?statistics?provided?by?China?Securities?Depository?and?Clearing?Corporation?LimitedShenzhen?Branch,?as?of?February?27,?2026,?a?total?of?1,459?shareholders?of?Wazhou?B?havetendered?their?shares?in?acceptance?of?the?offer,?The?total?number?of?unrestricted?tradable?publicshares?tendered?in?acceptance?of?the?offer?are?54,524,555?shares.Pursuant?to?the?conditions?forthe?effectiveness?of?the?offer?as?stipulated?in?the?Tender?Offer?Report?on?Wafangdian?Bearing?Co.,Ltd.,?this?tender?offer?has?officially?become?effective.IV.?The?Company?Will?Initiate?the?Delisting?ProcessAfter?the?completion?of?the?transfer?of?shares?in?the?current?tender?offer?acceptance?process,Wazhou?Group?will?hold?298,524,555shares?of?the?Company,?accounting?for?74.15%?of?theCompany"s?total?share?capital.?As?a?result,?the?proportion?of?shares?held?by?public?shareholders?willfall?below?10%?of?the?Company"s?total?share?capital.In?accordance?with?the?provisions?of?theSecurities?Law?of?the?People"s?Republic?of?China,?the?Rules?Governing?the?Listing?of?Stocks?on?theShenzhen?Stock?Exchange?and?other?relevant?laws?and?regulations,?the?shareholding?structure?ofStock?abbreviation:?Wazhou?B??????????????????Stock?code:?200706????????????????????No.:?2026-13the?Company?no?longer?meets?the?requirements?for?listing.?The?Company?will?carry?out?thedelisting?procedures?in?accordance?with?relevant?regulations?and?issue?correspondingannouncements?in?due?course.Pursuant?to?relevant?regulations,?the?Company"s?shares?will?continue?to?be?suspended?from?tradingfrom?the?date?of?disclosure?of?this?Announcement.Hereby?notify?????????????????????????????????????????????????????????Board?of?Directors?of????????????????????????????????????????????????????Wafangdian?Bearing?Company?limited????????????????????????????????????????????????????????????March?4,2026