瓦轴B:关于部分涉及关联交易的日常经营性债务重组的补充公告(英文版)
瓦轴B资讯
2018-05-24 16:38:54
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公告日期:2018-05-25

Stock:WazhouB Code:200706 No.:2018-16



WafangdianBearingCompanyLimited



ASupplementalAnnouncementRelatingtoDebtReorganizations



DuringNormalOperationofBusiness



InvolvingPartialRelatedTransactions



TheCompany,allthemembersoftheBoardofDirectors,supervisorsandtopmanagementherebyguaranteethetruth,



accuracyandcompletenessoftheinformationdisclosure,noanyfalserecords,misleadingstatementsandmajor



missingcontents.



TheseventhsessionoftheboardofdirectorsofWafangdianBearingCompanyLimited(the“Company”)



heldthesixthmeetingtoreviewandconsidertheCompany’sdebtreorganizationoccurredduringthe



normal operation of business throughout 2017, and disclosed the Announcement of Wafangdian



BearingCompany Limited Relatingto Debt ReorganizationDuring Normal Operation ofBusiness



Involving Partial Related Transactions on 26 April 2018. Set out below are the details of the



supplementalannouncement:



1.The Company entered into a Debt Reorganization Agreement with 100 suppliers, including



ZhangjiakouNewCenturyRubberProductsCompanyLimited*(张家口市新世纪橡胶制品有限公



司),pursuanttowhich,thesesuppliersagreedtomakecompromiseinrespectofthedebtsowedbythe



Companyduring thenormal operationofbusiness afterarm’slengthnegotiation.Thistransaction



enabledtheCompanytorecordgainsfromdebtreorganizationofRMB5,304,472.04.



2.Atotalofsixrelatedpartiesareinvolvedinthisreorganization,amongwhich,WafangdianBearing



GroupPrecisionRetainersCo.,Ltd.*(瓦房店轴承集团精密保持器有限公司),WafangdianBearing



Group Precision Rolling Elements Co., Ltd.*(瓦房店轴承集团精密滚动体有限公司),



WafangdianBearingGroupEquipmentandTechnologyEngineerCo.,Ltd.*(瓦房店轴承集团装备技



术工程有限公司)andWafangdianBearingGroupNationalBearingEngineerTechnologyResearch



Center Co., Ltd.*(瓦房店轴承集团国家轴承工程技术研究中心有限公司) are all the



wholly-owned subsidiaries of Wafangdian Bearing Group Company Limited which is the largest



shareholderoftheCompany.……
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