Wafangdian Bearing Co., Ltd. Announcement on Submitting Application for Termination of Listing to Shenzhen Stock Exchange

The Company and all members of the BOD guarantee that the information disclosed is true, accurate and completed, and that there are no false records, misleading statements or material omissions.

Wafangdian Bearing Group Co., Ltd. (hereinafter referred to as "Wafangdian Bearing Group" or the "Offeror") announced the Tender Offer Report on Wafangdian Bearing Co., Ltd. on January 19, 2026, and resolved to launch a comprehensive tender offer to all shareholders of Wafangdian Bearing Co., Ltd. (hereinafter referred to as the "Company" or "Wazhou B") other than the Offeror, to acquire the Company's shares held by them, commencing on January 20, 2026. The term of this tender offer shall last for 39 calendar days, starting from January 20, 2026 (inclusive) and ending on February 27, 2026 (inclusive).

According to the statistics provided by China Securities Depository and Clearing Corporation Limited Shenzhen Branch, as of February 27, 2026, a total of 1,459 shareholders of Wazhou B have tendered their shares in acceptance of the offer, representing an aggregate of 54,524,555 unrestricted tradable public shares tendered. In accordance with the effectiveness conditions stipulated in the Tender Offer Report on Wafangdian Bearing Co., Ltd., this tender offer has become effective.

Upon completion of the transfer of all tendered offer shares, the proportion of shares held by public shareholders in the Company’s total share capital will drop below 10%. In accordance with the Securities Law of the People’s Republic of China, the Shenzhen Stock Exchange Stock Listing Rules and other relevant laws and regulations, the equity structure of the Company will no longer satisfy the listing criteria. Pursuant to the aforesaid provisions, the Company will submit an application to the Shenzhen Stock Exchange for termination of its stock listing.

Zhongtian Securities Co., Ltd., the independent financial advisor of the Company, has issued the Opinion of Zhongtian Securities Co., Ltd. as Independent Financial Advisor on the Voluntary Termination of Listing of Wafangdian Bearing Co., Ltd., stating that: "The voluntary delisting of Wazhou B this time complies with the provisions of relevant laws, regulations and the business rules of the SZSE; the triggering conditions are legal and valid; the decision-making procedures are compliant; and the information disclosure is sufficient and complete. The Company has disclosed the reasons for the voluntary termination of listing and made special arrangements for the tender offer for

the remaining shares.

Kangda Law Firm, the legal counsel retained by the Company for the voluntary delisting, issued the Legal Opinion of Kangda Law Firm (Guangzhou) on the Voluntary Termination of Listing of Wafangdian Bearing Co., Ltd., which states: "This Delisting Plan complies with the provisions of relevant laws, administrative regulations, departmental rules, and normative documents, including the Securities Law, the Measures for the Administration of Acquisitions, and the Listing Rules; as of the date of issuance of this Legal Opinion, the necessary approvals and authorizations required for this delisting have been obtained; however, the decision by the Shenzhen Stock Exchange granting consent to the delisting of Wazhu B Shares remains to be obtained."

The delisting of the Company’s shares is subject to the relevant decision from the Shenzhen Stock Exchange. All investors are reminded to follow the Company’s subsequent announcements closely and watch out for investment risks.

Hereby notify

Board of Directors of Wafangdian Bearing Company limited September 14, 2026