Date: 2013-07-31

Xibei Bearing Report Anticipated Financial Result for 1st Half of 2007

Xibei Bearing Report Anticipated Financial Result for 1st Half of 2007

Xibei Bearing issued a positive profit warning for first half of 2007 from Jan 1 to June 30 2007, forecasting 200%-250% growth of net profit, comparing with the record of 5.5915 Million RMB in the same period of 2006.

Earnings exceed expectations as a result of:

A. One-off Earnings

According to the announcement released by Xibei Bearing on Feb 3rd, the financial office in Ningxia Hui Autonomous Region agreed to pay back 19.3876 Million RMB of value added tax of 2006. On Feb 8th, the debtee, Yinchuan branch of X

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Product Model	Inside Diameter	Outside Diameter	Thickness
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