公告日期:2023-10-26
Short title:WaZhou B Code:200706 No.:2023-29
Wafangdian Bearing Co., LTD
Progress Notice on land Purchase and Related Party
Transactions
The Company and all members of the BOD guarantee that the information disclosed is true,
accurate and completed, and that there are no false records, misleading statements or material
omissions.
I.The introduction of the early stage
1.Wafangdian Bearing Co., LTD. (hereinafter referred to as the "Company") held the twelfth session
of the eighth Board of Directors on April 1, 2022, and deliberated and passed the "Proposal on Land
Purchase and Related Party Transactions".
To meet the company's ownership of land and buildings is unified, in order to deal with real property
registration certificate, the purpose of the company to evaluate the price of 1.269 million yuan, to
buy the company the first big shareholder wafangdian bearing group co., LTD. (hereinafter referred
to as the "wazhou group"), a subsidiary of wafangdian bearing power co., LTD. (hereinafter referred
to as the " Power Company").
For the full text of the notice, see "Notice of Wafangdian Bearing Co., Ltd. on Land Purchase and
Related Transactions" published on Juchao Information website (http://www.cninfo.com.cn) on April
7, 2022.
2.The company issued "Wafangdian Bearing Co., LTD. 's Progress Announcement on Land
Purchase and Related Transactions" on July 2, 2022. Both parties agreed in the agreement that
"upon the signing of the Agreement, both parties shall immediately go through the registration and
transfer procedures for the change of the relevant real estate, and the transaction shall be
completed within three months after the approval of the board of Directors". Due to the impact of the
COVID-19 epidemic on the overall process, the business is expected to be completed on
September 30.
For the full text of the notice, see "Notice of Wafangdian Bearing Co., Lt……
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