1、Wafangdian Bearing Company Limited 2020 Midyear Report 1 Wafangdian Bearing Company Limited 2020 Midyear Report 2020-22 August,2020Wafangdian Bearing Company Limited 2020 Midyear Report 2 Chapter I.Important Prompts,Table of Contents,and Definitions The Board of Directors,board of supervisors,direct
2、ors,supervisors,and top management of the Company hereby guarantee that there are no false record,misleading statements and important omission of the material in this report,and assume the individual and associated responsibilities for the truth,accuracy and completeness of the contents.Chairman Mr.
3、Liu Jun,General Accountant Ms.Sun Najuan and accounting charger Ms.Sun Najuan declare:guarantee the truth and completeness of the financial report in the annual report.All directors attended the Board meeting and discussed the report.The company has described detailed description of the possible ris
4、ks in this report.This part of the content does not constitute a substantial commitment to investors,investors should maintain sufficient risk awareness,and understand the differences between planning,forecasting and commitment.The Company plans not to distribute cash dividends or bonus shares or tu
5、rn capital reserve into share capital.Wafangdian Bearing Company Limited 2020 Midyear Report 3 Table of Contents C Chapter I.Important Prompts,Table of Contents,and Definitions.2 Chapter II.Company Profile.5 Chapter III Business Summary.7 Chapter IV Discussion and Analysis of the Management.9 Chapte
6、rV.Significant Events.18 ChapterVI.Changes in Capital Stock and Shareholders.18 ChapterVII.Relevant information about preferred stock.21 ChapterVIII.Information about convertible company bonds.21 ChapterIX.Directors,Supervisors,Senior Management and Staff.21 ChapterX.Corporate debt related informati