Date: 2013-07-31

XAB Indicate Uncertainty of Equity Transition Deal

XAB Indicate Uncertainty of Equity Transition Deal

Xiangyang Automobile Bearing Group Corp (Xiangyang Bearing: Shenzhen Exchange 000678) released a notice on Mar. 29, indicating the uncertainty of their previous equity transition deal with TSB Bearing.

The notice are as following:

As our stock price has rised notably in three consecutive dealing days, the total deviation rate against the average index of its peers has reached 20%, we need to make a declaration of recent conditions in accordance with the

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