Stock：WazhouB Code：200706 No.：2016-12 Wafangdian Bearing Company Limited
Announcement of Resolution of the 9th Meeting of 6th Board Session
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、The statement of Board of Directors Meeting
1、When and how the notice is sent out
Meeting notice of The 9th Meeting of 6th Board of Directors of Wafangdian Bearing Company limited has been sent by fax on April12, 2016.
2、Thetime、place and the way of the Board of Directors Meeting
The 9th Meeting of 6th Board of Directors of Wafangdian Bearing Company limited was held at WBGC 309 meeting room at 9:00 April 22, 2016.
3、The board members that should attend and actually present
12 board members should attend the meeting but actually 11 members were present. 1 member appointed representatives to attend the meeting. Mr. Tang Yurongdidn’t attend the meeting because of work and authorized Mrs. Fang Bo on his behalf.
4、The presider and the present member of the Board of Directors Meeting
The Board of Directors Meeting is hold by the Chairman Mr. Meng Wei, 3 supervisor representatives and 2 senior managers attended the meeting as non-voting delegates.
5、Holding of meeting conforms to regulations of “Corporate Law” as well as “Article of Association”.
ⅡThe deliberation of the Board of Directors Meeting
1. 2015 annual report of board of directors
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
This proposal should be passed byshareholder’s meeting of 2015;
2. 2015 annual Financial Final Reports (audited)
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
This proposal should be passed byshareholder’s meeting of 2015;
3. 2015 annual report and abstracts
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
This proposal should be passed byshareholder’s meeting of 2015;
The details of the proposal will publish at http://www.cninfo.com.cn;
4. 2015 annual profit distribution plan
Our company decides by consider that: our companydon’t dividend payout, give bonus, and turn
Stock：WazhouB Code：200706 No.：2016-12 accumulation fund to increase subscribed capital.
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
The independent directors express independent opinion on this proposal
This proposal should be passed byshareholder’s meeting of 2015.
5. Listened to the audit committee work report of 2015 annual accountant firm auditing work; The meeting Listened to the audit committee work report of 2015 annual accountant firm auditing work;
6. The self-evaluation report for internal control on company.
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
The details of the proposal will publish at http://www.cninfo.com.cn.
The independent directors express independent opinion on this proposal.
7. The proposal of appointing and employing certified public accountants and the remuneration
The Board of Directors decided to accept the proposal of Auditing Committee that engage shine wing (HK) CPA Firm as the Internal Control Auditing Firm in 2016, as the Financial Auditing Firm in 2016, with the Internal Control Auditing charge of 170 thousand Yuan (accommodation charges, traffic charges and other advanced charges included) and annual report audit charge of 480 Thousand RMB (accommodation charges, traffic charges and other advanced charges included).
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
The independent directors express independent opinion on this proposal.
This proposal should be passed byshareholder’s meeting of 2015.
8 The proposal of above quota of daily related transaction of 2015 and the prediction of daily related transaction of 2016
the related directors Meng Wei, Sun Maolin, Sun Najuan, Li Shi, Chen Jiajun, have obviated from the voting while voting for the relative related issues, and the issues thatneedn’t been obviated unanimously passed by the other directors and 0 rejecting vote , 0 abstaining vote;
The independent directors show pre-confirm and independent opinion on this proposal.
This proposal should be passed byshareholder’s meeting of 2015
The details of the proposal will publish at http://www.cninfo.com.cn
9 The first quarter report of 2015.
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
10. Listened to work report of the independent directors;
The details of the proposal will publish at http://www.cninfo.com.cn
11. The proposal of general electing of the board of the directors;
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|The directors candidates|approving vote|rejecting vote|abstaining vote|

Stock：WazhouB Code：200706 No.：2016-12
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|-|-|-|-|
|Meng Wei|12|0|0|
|Sun Maolin|12|0|0|
|Li Shi|12|0|0|
|Zhang Xinghai|12|0|0|
|Chen Jiajun|12|0|0|
|Sun Najuan|12|0|0|
|Tang Yurong|12|0|0|
|Fang Bo|12|0|0|

The independent directors express independent opinion on this proposal.
This proposal should be passed byshareholder’s meeting of 2015.
12. The proposal of nominating the independent directors candidate;
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|-|-|-|-|
|The independentsdirectors candidates|approving vote|rejecting vote|abstaining vote|
|Zhang Li|12|0|0|
|Wan Shou|12|0|0|
|Li Yuping|12|0|0|
|Wen Bo|12|0|0|

After verified by WBC, Mrs. Zhang Li, Mr. Wen Bo, Mr. Wan Shouyi, Mr.Liu Yuping have independence and the qualification as the independent director.
This proposal shall be present to 2015 Annualshareholder’s meeting to review, and the qualification and independence of the independent director candidates shall be reported to Shen Zhen Stock Exchange to record, the proposal can be present to 2015 Annualshareholder’s meeting to review if the verification is without objection.
The independent directors express independent opinion on this proposal.
13. The proposal of the statement of the nominator and the candidates;
The details can be found in http://www.cninfo.com.cn
14. The proposal of further employing the generalmanagement；
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
The independent directors express independent opinion on this proposal.
15. The proposal of further employing the deputy general management and the general accountant (secretary of theboard)；
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
The independent directors express independent opinion on this proposal.
Stock：WazhouB Code：200706 No.：2016-12 16. The proposal of daily debtrestructuring；
The related directors Meng Wei, Sun Maolin, Sun Najuan, Li Shi, Chen Jiajun, have obviated from the voting while voting for the relative related issues, and the issues thatneedn’t been obviated unanimously passed by the other directors and 0 rejecting vote , 0 abstaining vote;
The independent directors show independent opinion on this proposal.
This proposal should be passed byshareholder’s meeting of 2015
The details of the proposal will publish at http://www.cninfo.com.cn
17．The report of withdrawing preparation for the impairment of assets;
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
18. The proposal of overall stripping the automobile transfer casebearing；
The related directors Meng Wei, Sun Maolin, Sun Najuan, Li Shi, Chen Jiajun, have obviated from the voting while voting for the relative related issues, and the issues thatneedn’t been obviated unanimously passed by the other directors and 0 rejecting vote , 0 abstaining vote;
The independent directors show pre-confirm and independent opinion on this proposal.
This proposal should be passed byshareholder’s meeting of 2015.
19. The proposal of holding the 2015 annualshareholders’ meeting
Vote result: 12 approving vote, 0 rejecting vote and 0 abstaining vote;
The notice of 2015 annualshareholders’ meeting will be hold in 18 May, 2016.
The pre-confirmation document and independent opinion will publish at http://www.cninfo.com.cn
III、The documents for future reference
1. The announcement of Resolution of the 9th Meeting of 6th Board Session
2. The 2015 annual audited Reports
3.The 2015 annual Financial Final Reports and the first quarter report of 2016 stamped by the company and singed by the legal representative of theCompany、the principal of charging account work and the principal of account organization.
4. Audit report of the implementing internal control regulation
5. The opinion of independent director.
6. Pre-confirmation made by independent directors.
Board of director of Wafangdian bearing
Company limited
April 25. 2016
Stock：WazhouB Code：200706 No.：2016-12 Attachment: The resume of the independent director candidates
1. The resume of the director candidates
Mr.Meng Wei, was born in April 1968, Master Degree Candidate, Bachelor's degree of the university, the master of management, Senior Administration, engineer joined in the work in August, 1990. He has successively held the posts of deputy general manager of WBC, the general manager, the labor Union chairman, secretary of the commission for discipline inspection, the deputy secretary of the party committee and the director of WBGC. Now he work as the secretary of the party committee and the chairman of the board of WBGC, the chairman of WBC from August, 2015. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mr. Zhang Xinghai, was born in October 1968, university culture, professor senior accountant. Since joining Wazhou in 1991, he has successively held the posts of deputy chief accountant and board secretary of WBC, director, chief accountant and board secretary of WBC, now he is held the post of the chief accountant of WBGC. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mr. Sun Maolin, was born in December 1964, university culture, researcher professor level senior engineer. Joined in work in August, 1988, he has assumed as minister of manufacturing department, minister of Sales& Marketing Department of WBC, minister of Planning and Development Department, general-manager assistant and deputy director of the Technology Center of WBGC, deputy general-manager of WBGC. Now he work as the general manager of WBC. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mr. Lishi was born in April 1965, Master degree, senior engineer, joined in work in July, 1988. He worked as technicians, shop manager, factory vice-manager, factory manager, d vice-general manager and director of the government. He worked in WBGC since September, 2010. Now he works as vice-general manager of WBGC. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mr. Chen Jiajun, was born in December, 1967, university culture, economic manager and statistician, joined in work from August, 1990. He worked as section chief, assistant minister deputy minister and minister of operation and managing department, assistant general manager and charger of Operation and managing department of WBGC. Now he works as charger of Operation and managing department and deputy general manager. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mrs. Sun Najuan, was born in October 1968, professor senior accountant, master degree. joined in work from September, 1990, she worked as accountant in Financial Division, section leader of Checking
Stock：WazhouB Code：200706 No.：2016-12 Division of WBGC, general manager assistant of Material Providing Company of WBC, and the general manager assistant of Sales Company of WBC, the deputy chief accountant of WBGC . Now she works as chief accountant and the secretary of board of directors of WBC. She did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mr. Tang Yurong was born in 1962, junior college degree, electrical engineer. He hold the post of Dealer network development manager in SKF since 1989, director and general manager from 1996 to 2004 in SKF China, global marketing director of industry department in SKF from 2004 to 2007, the chairman of arcelor auto in SKF China from 2007 to 2008, the global chairman of one bearing brand in SKF, the senior deputy chairman in SKF Group and the chairman of special enterprise department from January of 2015 to now, the chairman of SKF China and industry market from May of 2015 to now, the chairman of industry market Asia from February, 2016 to now. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mrs. Fang Bo, was born in June, 1972, bachelor degree. She has served as auditor in PWC Accountant Firm since 1994. She joined the SKF(China) Co.Ltd in 1997, used to be finance manager in its subsidiary company, finance director investment company. Now she occupies the finance manager of SKF(China) Co., Ltd and Consultation Co.Ltd, and capital department manager in SKF China region. She held 3500 shares of WBC. She was untouched by the China securities regulatory commission and other relevant departments was she disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
2. The resume of the independent director candidates
Mrs.Zhangli, was born in March 16,1960, economic bachelor, Professor of Accountant, Master Guider, work as a teacher in Jiang Su university of science and engineering management department since August 1983, currently holds the post of Professor at Dalian Communication university, specially engaged professor at Dalian enterpriser market and Dalian manager united association. Hold part-time job as vice economist of Dalian Shantai Technology company limited, financial consultant of Dalian first clothes factory, associate professor in Dalian enterprise manage cadre training leading team, teacher at Dalian Profession& Technology College.Currently holds the post of independent director Dahua Co., Ltd. She did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications. Mr.Wen Bo, was born in 1963, granulated the law major in CUPL, he has hold a post in Dalian Justice Bureau, now he is the initiate partner of Liaoning Huaicheng Law Firm, the local legislation expert advisor of Dalian municipal people's congress standing committee, the committee member in expert advisory committee of major issues of the state-owned assets supervision and administration commission in Dalian. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications. Mr. Wan Shouyi, was born in 1955, granulated in accounting institute of Dongbei University of Finance and Economics, accounting doctor, Certified Public Accountant, he has hold a post of vice-director, director, vice-director and director of teaching and research office, vice-president in accounting institute of
Stock：WazhouB Code：200706 No.：2016-12 Dongbei University of Finance and Economics, now he hold the post of doctor tutor, hold concurrently the post of chief researcher in internal control and risk management research center of Dongbei University of Finance and Economics, He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mr. Liu Yuping, was born in August 1956, professor. After graduation, he has been teaching at Law school of Dongbei University of Finance and Economics. Now he assumed as director of Law school teaching department of University of Finance and Economics and pluralizes the following duties: arbitrator of Dalian Arbitration Committee, Lawyer of Liaoning Zhenghe Law Firm; Law counselor of Liaoning Dafeng Real Estate Company, Liaoning Wuhuan Import and Export Company, Economic and Technological Development Company founded by Dongbei University of Finance and Economics; Vice president of Liaoning Institute of Constitutional and Administrative Law. He has abundant knowledge of law. Now he held the position of the independent director in the Hua Dong Numerical Control Limited Company. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
3. The resume of general manager
Please see the resume of Mr. Sun Maolin in the resume of directors above.
4. The resume of deputy general manager and the chief accountant (the secretary of board of directors)
Mr. Wang Longjie, was born in February 1962, university degree, high engineer qualification. Joined in work since December 1987, he has undertaken the following position: the factory deputy manager, manager of the sixth finished product factory, the factory manager of the seventh finished product factory, general manager of super-huge type branch, general manager assistant of WBC. Now he assumes the position of deputy general manager of WBC. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications.
Mr. Tan Jianguang, was born in December, 1964, technical secondary school, assistant engineer. Joined in work in August 1986, he has successively held the posts of workshop director in cage branch, salesman, section chief, deputy general manager and genera manager of Marketing Departmen, general manager assistant of WBC, the general manager of railway department, and the general manager of railway bearing sales company. Now he hold the post of deputy general manager of WBC. Mr. Tan Jianguang did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications. He did not hold the company shares; As yet was untouched by the China securities regulatory commission and other relevant departments was disciplined by stock exchange; Comply with the required qualifications of company law and other relevant laws, regulations and rules, and has the qualifications
Please see the resume of Mrs. Sun Najuan in the resume of directors above.