Date: 2013-07-31

ZWZ Issues FY 2007 Net Profit Guidance

Wafangdian Bearing Company Limited (ZWZ) announced that it expects the net profit for fiscal 2007 to increase by 50%-100%, compared to that of fiscal 2006 (RMB 45,136,792.00).

The Company cited the achievements was attributable to:

1.Domestic sales increase;
2.Cost improvement measures.

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