Short title:WaZhou B Code：200706 No.: 2016-04
Wafangdian Bearing Company Limited
Estimated performance for 2015
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 estimated performance for the current period
1.Performance peirod：January 1,2015 to December 31,2015.
2. Estimated performance: □Losses ■ turn losses into gains □ increase compared with last peirod
□ Decline compared with last period
Items Current period Last period
Net profit owned to the
Gains : From 200 to 600 million Yuan Losses:103,902,948.89. Yuan
shareholders of listing company
Basic gains on per share Gains : From 0.005 to 0.015 Yuan. Losses:0.26 Yuan
II.The audited situation
The estimated performance for the current period is unaudited
III.Statement for performance change
1.Increase nonbusniess income by outward payment debt restructuring;
2. decline the financial cost by outward payments discount and charge interest on sales bill payment
etc.
3. Special tender on transportation expenses and packaging etc., which lead to the sale expenses
reduce sharpply .
4.Reversal of inventory impairment, in 2015 the company implement centralized bidding on material
procurement, external repair etc. the materiala and the uniform reduce largely, which lead to the finished
goods inventory costs decline, meanwhile, for the backlog finished goods inventory the company make
market promotion.
IV. Other relative statement
The estimated performance is the preliminary data, the detail will be disclosed in annual report of 2015.
The specified media for it is Securities Times,Hong Kong Commercial Newspaper and the website is
http://www.cninfo.com.cn.The company's information will be disclosed in line with relative laws and
regulation,please pay attention to the investment risk.
Specially Announcement
Board of director of Wafangdian bearing Co., Ltd
January 29, 2016
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