Stock Name:*STWazhou B Stock Code: 200706 No.: 2016-40 Announcement of Wafangdian Bearing Company Limited
2016 1st ExtraordinaryShareholders’ Meeting
The Company and whole members of the Board hereby ensure that the Notice is factual, accurate and complete without any false record, misleading statements or important omissions.
The 2nd meeting of 7th Board of Directors of Wafangdian Bearing Company Limited decided to hold the 2016 1st extraordinaryshareholders’ meeting at 14 November,2016, relevant events of the Meeting announce as follow:
I. Calling of the meeting:
1. The period of board session: The 20161st extraordinaryshareholders’ meeting
2. Convener: Board of the Director of the Company
3. The meeting is in line with the relevant laws and administrative regulations, departmental rules and regulations, regulatory documents and relevant provisions of "Articles of Association".
4.Date of meeting:
(1) On-site meeting: 14:30, 14 November,2016
(2) Internet polling: the poll through network via trading system of Shenzhen Stock Exchange will be at9:30—11:30 a.m. and 1:00-3:00 p.m. dated 14 November,2016; any time from 3:00 p.m. 13 November, 2016 to 3:00 p.m. 14 November,2016 will available for polling through internet poll system of Shenzhen Stock Exchange.
5. Way of meeting: on-site votes plus network polling
(1) On-site vote: shareholders attend the Meeting in person or authorized other person to present through power of attorney.
(2) Network polling: the Company will provide a voting as an internet form to whole shareholders through the trading system and internet poll system (http://wltp.cninfo.com.cn) of Shenzhen Stock Exchange. Shareholders should participate in voting any time in the network polling.
According to Article of Association, whole shareholders registered on record date ofshareholders’ general meeting are entitled to participate in voting via relevant voting system. However, one of the polling ways between on-site voting and internet polling is available for the same share only. If repeat votes occurred in the same voting, the first voting result shall prevail.
6. Attendance
(1) All shareholders of the Company whose names appear on the register of the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited while the close of trading at noon on 9 November, 2016. The above mentioned shareholders of the Company have the right to attend the Meeting, they can attend the Meeting through proxy by trust deed and shareholder of the Companywouldn’t be necessary as the proxy. The investor shall buy the share on or before 4 November
Stock Name:*STWazhou B Stock Code: 200706 No.: 2016-40 (2) Directors, supervisors and senior executives of the Company
(3) Attorney engaged by the Company
7. Venue
Conference room 309 of Wazhou Group, No.1, One section Bei Gong Ji Street, Wafangdian, Liaoning Province
II. Items consider and approve in the Meeting
I. Approved
1.The proposal of adjusting the business of WBGC automobile bearing branch, precision cage company, precision roller company, renting out related assets and involving related transaction (Adjusted)
2.The proposal involving the related transactions and about purchasing the rental equipment (after audited). 3.The proposal of adding to daily related transactions the next half year of 2016.
4.The proposal of assets sale which involved in related transaction(after audited)
4.1The proposal of selling the Pulandian plant to WBGC
4.2 The proposal of selling the fully depreciated equipment to WBGC automobile bearing branch, precision cage company,precision roller company.
4.3 The proposal of selling the fully depreciated equipment to WBGC automobile bearing branch, precision cage company, precision roller company
4.4 The proposal of selling low-value consumption goods whose cost have been amortized to WBGC automobile bearing branch, precision cage company, precision roller company;
4.5 The proposal of selling idle equipment to WBGC equipment manufacturing Company;
4.6 The proposal of selling railway private sidings and related assets to WBGCprecision forging Company II.Disclosed
More details of the proposal 3 please found in the Additional cases on the Routine Related Transaction for Second Half of 2016”published on Securities Times, Hong Kong Commercial Daily and Juchao Website dated 27 August, 2016 respectively. Proposal 1.2.4 can be found in Wafangdian Bearing Co., Ltd. Assets sale involved in Related Transaction published on Securities Times, Hong Kong Commercial Daily and Juchao Website dated 28October, 2016 about “Wafangdian Bearing Co., Ltd.Related Transaction.
III. Register method for on-site meeting:
1. Registration: 9:30-11:30 am, 13:00-16:30 pm 11 November, 2016
2. Place: Conference room 309 of Office building of Wazhou Group
3. Register way:
(1) personal ID card accompanied by the shareholding certificates must be taken for individual shareholders;
Stock Name:*STWazhou B Stock Code: 200706 No.: 2016-40 if attends the Meeting by proxy, the attendant must hold the ID copy of the client, power of attorney, shareholding certificates along withagent’s ID card for registration;
(2) if the legal representative attend the Meeting as corporate shares, copy of the business license, certificate of identity of the legal representative along with the shareholding certificates must be necessary; if attend the Meeting by proxy from legal representative, copy of the business license, certificate of identity of the legal representative, power of attorney, shareholding certificates along with ID of proxy must be necessary.
(3) Shareholders from different locations can register via fax, registration at 9:30-11:30 am, 13:00-16:30 pm 11 November, 2016
IV. Operational process of network polling
In theshareholders’ general meeting, shareholders can participate in voting through the trading system and internet polling system (http://wltp.cninfo.com.cn) of Shenzhen Stock Exchange. Relevant explanations are as the attachment 1 :
V. Others
(1) Contact way:
Address: Investment security department, No.1, One section Bei Gong Ji Street, Wafangdian, Liaoning Province
Person to contact: Ke Xin, Zhuang Jinling
Telephone: 0411-39116731, 39116732
Fax: 0411-39116738
Post code: 116300
(2) Conference expenses: transportation and boarding expenses for attendance shall be paid by the
participants themselves
VI. Documents available for reference
1. The Resolution of the 2st meeting of 7th Board of Directors of Wafangdian Bearing Company Limited; 2. Other documents required by SZSE
Attachment
1.The Concrete Operation Process of Network Voting
2.Power of attorney
Hereby notify
Board of director of
Wafangdian Bearing Company Limited
27 October, 2016
Stock Name:*STWazhou B Stock Code: 200706 No.: 2016-40 Attachment 1:
The Concrete Operation Process of Network Voting
I .Vote via trading system of SZSE
1. Voting code and abbreviation: Voting code “360706”;abbreviation “Wazhou voting”
2. Motion setting and opinion voting
(1) Motion setting
Table 1 shareholders' general meeting motion corresponds to the motion coding list
|||||||
|-|-|-|-|-|-|
||||||Entrustment|
||Serial||Proposals|||
||||||price|
|Total proposal||Total bill except bill of cumulative voting bill||100||
|proposal 1||The proposal of adjusting the business of WBGC automobilebearing branch, precision cage company, precision rollercompany, renting out related assets and involving relatedtransaction (Adjusted)||1.00||
|proposal 2||The proposal involving the related transactions and aboutpurchasing the rental equipment||2.00||
|proposal 3||The proposal of adding to daily related transactions the next halfyear of 2016.||3.00||
|proposal 4||The proposal of assets sale which involved in relatedtransaction||4.00||
|proposal 4.1||The proposal of sold Shenyang sales office House to WBGC||4.01||
|proposal 4.2||The proposal of selling the Pulandian plant to WBGC||4.02||
|proposal 4.3||The proposal of selling the fully depreciated equipment toWBGC automobile bearing branch, precision cage company,precision roller company||4.03||
|proposal 4.4||The proposal of selling low-value consumption goods whosecost have been amortized to WBGC automobile bearing branch,precision cage company, precision roller company||4.04||
|proposal 4.5||The proposal of selling idle equipment to WBGC equipmentmanufacturing Company||4.05||
|proposal 4.6||The proposal of selling railway private sidings and relatedassets to WBGCprecision forging Company||4.06||

（2）Fill in the opinion of the vote or the electoralvotes：
For the shareholders' general meeting motion (both non cumulative voting motion), fill in the vote: consent, opposition, and waiver.
（3）Shareholders to vote on the general motion, as the other than the cumulative vote of all motion to express the same opinion.
In the shareholders' right to vote in the same motion as the motion of the same motion, the first valid
vote shall prevail.
If the shareholders on the vote on the motion, then the total vote on the motion, the motion has been
Stock Name:*STWazhou B Stock Code: 200706 No.: 2016-40 divided vote vote shall prevail, the other did not vote on the motion to vote on the motion views prevail; such as the first of the total vote on the motion, and then split the vote on the motion, the motion of the total votes prevail.
（4）Votes on the same motion are valid for the first time.
II.The system of voting by the Shenzhen Stock Exchange Trading Program
1. Voting time: November 14, 2016 trading time, that is, 11:30 - 13:00 and 15:00 - 9:30.
2. Shareholders can log on securities companies trading client through the trading system to vote. III.Through the Shenzhen Stock Exchange System for Internet voting procedures
1, the Internet voting system to vote in November 13, 2016 for the period of time (the shareholders' meeting held the day before the afternoon) 15:00, time for the end of November 14, 2016 (the end of the general meeting on the same day) at 15:00 p.m.
2, The shareholders to vote online through the Internet voting system, in accordance with the "guidelines of Shenzhen stock exchange investor network identity authentication service business (April 2016 Revision)" the provisions of identity authentication, "Shenzhen digital certificate" or "Shenzhen Investor Service password". Specific authentication process can be logged on the Internet voting system http://wltp.cninfo.com.cn rules guide column access.
3, shareholders according to obtain the service password or digital certificate, can log on http://wltp.cninfo.com.cn
Within the time required by the Shenzhen Stock Exchange Internet voting system to vote.
Attachment 2:
Power of attorney
The company (I) hereby authorized Mr./Ms. to attended the 1st extraordinaryshareholders’ general meeting 2016 of Wafangdian Bearing Company Limited with voting rights participated. The voting opinion is as follow:
||||||
|-|-|-|-|-|
|Serial|Agenda|For|Against|abstention|
|proposal 1|The proposal of adjusting the business of WBGC automobilebearing branch, precision cage company, precision rollercompany, renting out related assets and involving relatedtransaction (Adjusted)||||
|proposal 2|The proposal involving the related transactions and aboutpurchasing the rental equipment||||
|proposal 3|The proposal of adding to daily related transactions the nexthalf year of 2016.||||
|proposal 4|The proposal of assets sale which involved in relatedtransaction||||
|proposal 4.1|The proposal of sold Shenyang sales office House to WBGC||||
|proposal 4.2|The proposal of selling the Pulandian plant to WBGC||||

Stock Name:*STWazhou B Stock Code: 200706 No.: 2016-40
|||
|-|-|
|proposal 4.3|The proposal of selling the fully depreciated equipment toWBGC automobile bearing branch, precision cage company,precision roller company|
|proposal 4.4|The proposal of selling low-value consumption goods whosecost have been amortized to WBGC automobile bearingbranch, precision cage company, precision roller company|
|proposal 4.5|The proposal of selling idle equipment to WBGC equipmentmanufacturing Company|
|proposal 4.6|The proposal of selling railway private sidings and relatedassets to WBGCprecision forging Company|

This power of attorney shall come into force from the date of issued and shall invalid while the above mentioned Meeting ends.
Consignor: ID No.: of consignor:
Volume of shares hold by consignor: Shareholder account of consignor:
Consignee: ID No.: of consignee:
Delegation date:
(Copies and prints of this Power of Attorney are valid)