瓦轴B：2026年一季度报告（英文版）

WafangdianBearingCompanyLimited TheFirstQuarterlyReportof2026 TheCompanyandwholemembersoftheBoardguaranteethattheinformationdisclosedistrue,accurateandcompleteandtherearenofictitiousrecords,misleadingstatementsormaterialomissionscarriedintheReport. ImportantNote: 1.BoardofDirectorsandtheSupervisoryCommitteeofWafangdianBearingCompanyLimited(hereinafterreferredtoastheCompany)anditsdirectors,supervisorsandseniorexecutivesshouldguaranteethereality,accuracyandcompletionofthequarterlyreport,therearenoanyfictitiousstatements,misleadingstatementsorimportantomissionscarriedinthisreport,andshalltakelegalresponsibilities,individualand/orjoint. 2.PersoninchargeoftheCompany,headofaccountingandpersoninchargerofaccountingorgan(accountingofficer)herebyconfirmthatthefinancialinformationofthisQuarterlyReportisauthentic,accurateandcomplete. 3.Thefirstquarterlyreportauditedornot □Yes√No I.Mainfinancialdata (i)Mainaccountingdataandfinancialindexes Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataornot□Yes√No (ii)Itemsofnon-recurringgainsandlosses √Applicable□Notapplicable Unit:RMB/CNY Otherspecificinformationaboutprofitandlossitemsthatmeetthedefinitionofnon-recurringprofitandloss□ApplicableNotapplicable Thecompanydoesnothaveotherspecificinformationaboutprofitandlossitemsthatmeetthedefinitionofnon-recurringprofitandloss. Adescriptionofthesituationinwhichtheitemsofnon-recurringgainsandlosseslistedinInterpretativeAnnouncementNo.1onInformationDisclosureofPubliclyIssuedSecurities——Non-recurringGainsandLossesaredefinedasitemsofrecurringgainsandlosses □ApplicableNotapplicable Thecompanydoesnotdefinetheitemsofnon-recurringgainsandlosseslistedintheInterpretativeAnnouncementNo.1onInformationDisclosureofPubliclyIssuedSecurities——Non-recurringGainsandLossesasitemsofrecurringgainsandlosses. (iii)Circumstancesandreasonsforchangesinmajoraccountingdataandfinancialindicators √Applicable□Notapplicable II.Shareholderinformation (i)Thetotalnumberofordinaryshareholders,thenumberofpreferredshareholderswhosevotingrightshavebeenrestoredandastatementoftheholdingsofthetop10shareholdersUnit:share Shareholdersholdingmorethan5%,thetop10shareholdersandthetop10shareholdersofunlimitedtradablesharesparticipateintherefinancingbusinesstolendshares□Applicable√NotapplicableThetop10shareholdersandthetop10shareholdersofunlimitedoutstandingshareshavechangedfromthepreviousperiodduetorefinancinglending/restitutionreasons□Applicable√Notapplicable (ii)Totalshareholderswithpreferredstockheldandsharesheldbytoptenshareholderswithpreferredstockheld □Applicable√Notapplicable III.Otherimportantmatters Applicable□Notapplicable Inrecentyears,duetotheimpactoftheglobaleconomicrecession,economicrestructuring,andotherfactors,WazhouBhassufferedconsecutiveannuallossesanditsoperatingconditionshavebeendeteriorating.Since2025,thesuperpositionofmultipleadversefactorshasfurtherrestrictedthecompany'soperations,anditsfinancialriskscontinuetoincrease.Ifthissituationpersists,itwillinevitablyintensifythecompany'soperatingrisks.Takingallfactorsintoconsideration,WazhouGroup,asthecontrollingshareholderofWazhouB,intendstoinitiateageneraloffertoallholdersofunrestrictedtradablesharesforthepurposeofterminatingthelistingstatusofWazhouB,soastofullyprotecttheinterestsofWazhouB'sshareholdersanddemonstratetheresponsibilityofastate-ownedenterprise. OnJanuary19,2026,WazhouGroupdisclosedthe"WafangdianBearingCo.,Ltd.TakeoverOfferReport",withtheofferperiodfromJanuary20,2026,toFebruary27,2026.Theconditionfortheoffertobecomeeffectiveisthat,asof15:00onthelasttradingdayoftheeffectiveperiodofthistakeoveroffer,thenumberofWazhouBpublicsharestemporarilydepositedwiththeShenzhenBranchofChinaSecuritiesDepositoryandClearingCorporationLimitedpursuanttoacceptedoffersexceeds39,050,000shares,meaningthataftertheacquisition,thenumberofWazhouBpublicsharesheldbythepublicasapercentageoftotalsharecapitalfallsbelow10%.AccordingtothelistingrulesoftheShenzhenStockExchange,WazhouBwouldnolongermeetthelistingrequirements,andthustheofferwouldbecomeeffective. AsofFebruary27,2026,therewere1,459shareholderswhoacceptedtheofferforWazhouB,withatotalof54,524,555unrestrictedtradablepublicsharesaccepted.Accordingtotheeffectiveconditionssetoutinthe"WafangdianBearingCo.,Ltd.TakeoverOfferReport",theofferhasbecomeeffective. Thenumberofsharesheldbythepublicasapercentageofthecompany'stotalsharecapitalisbelow10%.InaccordancewiththeSecuritiesLaw,theShenzhenStockExchangeListingRules,andotherrelevantregulations,thecompany'ssharedistributionnolongermeetsthelistingrequirements.Thecompanywillfollowtherelevantprocedurestodelistitssharesandissuecorrespondingannouncements. IV.Quarterlyfinancialstatements (i)Financialstatement 1.ConsolidateBalanceSheet PreparedbyWafangdianBearingCompanyLimited 2.ConsolidatedProfitStatement 3.ConsolidatedCashFlowStatement (ii)Thefirst implementation of the new accounting standards from 2026 to adjust the firstimplementationofthefinancialstatementsatthebeginningoftheyearr