Wafangdian Bearing Company Limited

Notice on Convening the AGM of 2025

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.

Important Notice:

I. Basic information about the meeting held

1.Session of the general meeting of shareholders: 2025 Annual General Meeting of Shareholders

2.Convener: Board of directors of Wafangdian bearing Company limited.

3.The convening and holding of this meeting comply with the relevant provisions of the "Company Law of the People's Republic of China", "Stock Listing Rules of Shenzhen Stock Exchange", "Self-regulatory Guidelines No. 1 for Listed Companies on Shenzhen Stock Exchange - Standardized Operations of Main Board Listed Companies", as well as other laws, administrative regulations, departmental rules, and normative documents, and the "Company Charter".

4. Meeting Time:

(1) On-site meeting time: June 30,2026,14:30

(2) Network voting period: The specific time for conducting network voting through the Shenzhen Stock Exchange system is from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on June 30, 2026; the specific time for voting through the Shenzhen Stock Exchange's Internet voting system is any time from 9:15 to 15:00 on June 30, 2026.

5. Meeting convening method: A combination of on-site voting and network voting.

6. The registration date for the meeting: June 25, 2026

B-share shareholders must purchase the company's stocks on or before June 22, 2026 (the last trading day during which B-share shareholders can attend the meeting) in order to be able to attend the meeting.

7. Participants:

i. Shareholders who held the company's shares on the record date or their agents;

All shareholders of the company registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited as of the close of trading on the afternoon of the record date are entitled to attend the shareholders' meeting and can appoint agents in writing to attend and vote at the meeting. The agent does not necessarily have to be a shareholder of the company.

ii. Directors and senior management personnel of the company;

iii. Lawyers hired by the company;

iv. Other persons who are required to attend the shareholders' meeting in accordance with relevant regulations.

8. Meeting Location: Room 1004, Office Building of Wawo Group, No. 1, Section 1, Beigongji Street,

Wafangdian City, Liaoning Province.

II. Proposals deliberated at the Meeting:

List of proposal code

2. The independent directors of the company will deliver a 2025 annual report at this shareholders' meeting. The full text of the report can be found on the website of Juchao Information Network: http://www.cninfo.com.cn.

The above-mentioned proposal has been approved by the 5th meeting of the 10th Board of Directors of the company. For details, please refer to the "Announcement of the 5th Meeting of the 10th Board of Directors" published on April 28, 2026 in the "Securities Times" and the "Juchao Information Network" (http://www.cninfo.com.cn). The full details of the proposal can be found in other documents published by the company on the "Juchao Information Network" (http://www.cninfo.com.cn) on the same day.

The above-mentioned item 6 is a related-party transaction. The related shareholder, Wafangdian Bearing Group Co., Ltd., will abstain from voting on this proposal at the shareholders' meeting.

When the shareholders' meeting deliberates the above motions, the votes of minority investors shall be counted separately. Minority investors refer to other shareholders except those who individually or collectively hold more than 5% of the shares of the listed company and the directors and senior managers of the company.

III. Registration

(i)Method: Directly registered or letter or fax registration; registration by phone is not accepted.

(ii) Time: June 29,2026,8:00-11:30 am, 14:00-17:00 PM.

(iii)Location: Investment securities dept. of the Company, Room 206, Office Building of ZWZ, No.1 Section I, Beigongji Street, Wafangdian City, Liaoning Province.

(iv)Method

1. Legal representative of a corporate shareholder must present the shareholder account card, copy of the business license with seal of the corporate, the legal representative’s certificate and personnel ID card for the registration procedures; if the proxy to attend the Meeting, the Power of Attorney by legal representative and attendee’s ID card should be required.

2. Individual shareholders must present the shareholder account card and their ID card for registration; the shareholders agent attended by proxy also have the Power of Attorney and attendee’s ID card to present the Meeting.

3. Shareholders from other places can register by letter or fax with the above relevant documents. (It should be delivered or faxed to the company before 17:00 PM on June 29,2026)

(v)Conference contact

Contact:

Address: Investment securities dept., No.1 Section I, Beigongji Street, Wafangdian City, Liaoning Province.

Contact person: Ke Xin, Zhuang Jinling

Telephone: 0411-62198236, 62198238

Tax: 0411-62198333

Code: 116300

(vi)Conference fee: Transportation, accommodation and food expenses for those attending the meeting are at their own expenses

IV. Specific operation process of participating in network voting

The Trading system of SSE and internet voting system (http://wltp.cninfo.com.cn) are available for the shareholders to participate in the voting at the Meeting, refer to the appendix 1 for specific operation process.

V. Documents Available for Reference

1.Resolution of 5^th Session of 10^th BOD

Appendix 1: The specific operation procedures for participating in the online voting

Appendix 2:Waifangdian Bearing Co., Ltd.2025 Annual Shareholders' Meeting Notice - Proxy Authorization

Letter

Hereby notify

Board of directors of Wafangdian bearing Company limited 8 June 2026

Attachment 1

The specific operation procedures for participating in the online voting

I. Online voting procedures

1. Voting code and voting abbreviation for common shares: The voting code is "360706", and the voting abbreviation is "Wazhou Voting".

2. Fill in the voting opinion or the number of votes for election.

For non-cumulative voting proposals, fill in the voting opinion: Agree, Oppose, or Abstain.

3. Shareholders vote on the general proposal, which is considered as expressing the same opinion on all other proposals except for the cumulative voting proposals.

If a shareholder votes on the general proposal and the specific proposal at the same time, the first valid vote is taken as the opinion. If a shareholder votes on the specific proposal first and then on the general proposal, the voting opinion of the specific proposal that has been voted on is taken as the opinion, and the voting opinion of the other unvoted proposals is taken as that of the general proposal; if the shareholder votes on the general proposal first and then on the specific proposal, the voting opinion of the general proposal is taken as the opinion.

II. Procedure for voting through the Shenzhen Stock Exchange trading system

1. Voting time: The trading time on June 30, 2026, that is, 9:15 -9:25, 9:30 -11:30 and 13:00 -15:00.

2. Shareholders can log in to the trading client of the securities company to vote through the trading system.

III. Procedure for voting through the Shenzhen Stock Exchange Internet voting system

1. The start time of the Internet voting system is June 30, 2026, from 9:15 to 15:00.

2. Shareholders can vote through the Internet voting system by following the regulations of the "Shenzhen Stock Exchange Shareholders' Meeting Network Voting Implementation Rules" and the "Shenzhen Stock Exchange Internet Voting Business Investor Identity Authentication Operating Instructions". The specific identity authentication process can be consulted in the "Rules and Guidelines" section of the Internet voting system https://wltp.cninfo.com.cn.

3. Shareholders can log in to https://wltp.cninfo.com.cn within the prescribed time to vote through the Shenzhen Stock Exchange Internet voting system based on the service password or digital certificate obtained.

Appendix 2:

Waifangdian Bearing Co., Ltd.

2025 Annual Shareholders' Meeting Notice - Proxy Authorization Letter

Mr./Ms. is hereby entrusted with full authority to attend the 2025 Annual Shareholders' Meeting held by Wafangdian Bearing Co., Ltd. on June 30,2026. on behalf of the company (individual) and exercise voting rights on behalf of it. (Please clearly express your approval, opposition, and abstention for each proposal)

Example form for voting

Principal’s signature (Seal)：

Principal's ID Number (Social Credit Code)：

(The Principal is a corporate shareholder and should affix the official seal of the corporate entity.)

Principal's Shareholder Account Number：

Number of shares held：

Trustee：

Trustee's ID Number：

Issuance Date：

Validity period of the entrustment：