[收购]瓦轴B(200706):瓦房店轴承股份有限公司关于瓦房店轴承集团有限责任公司要约收购公司股份的第四次提示性公告（英）
AnnouncementRegardingtheTakeoverOfferby WafangdianBearingGroupCo.,Ltd.fortheCompany's Shares The Company and all members of the BOD guarantee that the informationdisclosedistrue,accurateandcompleted,andthattherearenofalserecords,misleadingstatementsormaterialomissions. SpecialNote: 1.Thisannouncement isthe fourthIndicativeAnnouncementconcerning the takeover offerbyWafangdianBearingGroupCo.,Ltd.(hereinafterreferredtoas"WazhouGroup"orthe"Acquirer")forthesharesofWafangdianBearingCo.,Ltd.(hereinafterreferredtoasthe"ListedCompany,"the"Company,"or"WazhouB"). 2.Thecodeforpre-acceptanceofthistakeoverofferis990087,andtheofferpriceisHKD2.86pershare. 3.Thedurationofthistakeoverofferis39calendardays,specificallyfromJanuary20,2026,toFebruary27,2026;unlessacompetingofferarises.Accordingtotheproceduresforthistakeoveroffer,shareholderswhohavepre-acceptedtheoffermaywithdrawtheiracceptanceonthedayitissubmittedduringthelastthreetradingdaysoftheofferperiod(i.e.,February25,2026;February26,2026;andFebruary27,2026).However,acceptancesthathavealreadybeenplacedundertemporarycustodybyChinaSecuritiesDepositoryandClearingCorporationLimitedShenzhenBranchcannotbewithdrawn. 4.TheacquirerinthistakeoverofferisWazhouGroup.WazhouGroupcurrentlyholds244millionnon-tradabledomesticsharesofWazhouB,representinga60.61%equitystake.ItintendstoinitiateageneraloffertoallshareholdersholdingunrestrictedtradablesharesforthepurposeofterminatingthelistedstatusofWazhouB.Thenumberofsharestobeacquiredundertheofferis158,600,000shares,accountingfor39.39%ofWazhouB'stotalsharecapital.5.Onthelasttradingdayofthevalidityperiodofthistenderoffer,at15:00,thetotalnumberofpre-accepted shares of Wazhou B public shares held in the temporary custody of the ChinaSecuritiesDepositoryandClearingCorporationShenzhenexceeded39,050,000shares.Thatis,aftertheacquisition,theproportionofWazhouBpublicsharesheldbythepublicinthetotalsharecapital was lower than 10%.According to the regulations of the Shenzhen Stock Exchange,WazhouBwillnolongermeetthelistingconditions.Then,thistenderofferwilltakeeffect.6.Inthissituation,theWazhouBshareswillbesuspendedfromtradingfromtheexpirationofthistender offer period until the announcement of the tender offerresult, and will continue to besuspendedaftertheannouncementofthetenderofferresult,untiltheShenzhenStockExchangeterminatesthelistingofWazhouBshares,andtherewillbenodelistingconsolidationperiod.TheWazhouBshareswillbedelistedwithin5tradingdaysfromthedateoftheShenzhenStockExchange'sannouncementofthedelistingdecision. 7.TheCompanypubliclydisclosedthe"TakeoverOfferReportofWafangdianBearingCo.,Ltd."issuedbyWazhouGrouponJanuary19,2026.Fordetails,pleaserefertotheJuchaoInformationNetwork. In accordance with the relevant provisionsof the "Administrative Measuresfor theAcquisition of Listed Companies," the acquirer is required to publish at least three indicativeannouncements regarding this takeover offer within 30 days following the disclosure of the"Takeover Offer Report." The relevant details of this takeover offer are herebyindicatedasfollows: I.BasicInformationoftheTakeoverOffer 1.NameoftheAcquirer:WafangdianBearingGroupCo.,Ltd. 2.NameoftheTargetCompany:WafangdianBearingCo.,Ltd. 3.StockNameoftheTargetCompany:WazhouB 4.StockCodeoftheTargetCompany:200706 5.TypeofSharesSubjecttotheOffer:DomesticListedForeign-InvestmentShares(BShares)6.PaymentMethod:CashPayment 7.TakeoverOfferPrice:HKD2.86pershare II.PurposeoftheTakeoverOffer In recent years, due to impacts from the global economic recession and economic structuraladjustments, Wazhou Bhassuffered consecutive annual losses, with itsoperating conditionsprogressivelydeteriorating.Sincethebeginningof2025,compoundedbymultipleadversefactors,the company's operations have faced further restrictions, and its future financial risks havecontinued to escalate. If this trend persists, the company's operational risks are bound tointensify.Consideringallfactors,WazhouGroup,asthecontrollingshareholderofWazhouB,aimstocomprehensivelysafeguardthe interestsofWazhouB'sshareholdersanddemonstratetheresponsibilityofastate-ownedenterprise.Tothisend,WazhouGroupplanstoinitiateageneraltakeover offer to all shareholders holding unrestricted tradable shares for the purpose ofterminatingthelistedstatusofWazhouB.Followingthedelisting,theacquirermay,inaccordancewiththelaw,adoptlawfulandeffectivemeasuresthatcouldpotentiallyeliminatetheindependentlegalentitystatusofWazhouB.RelevantsubsequentarrangementswillbeannouncedseparatelyafterthedelistingofWazhouB,basedontheactualcircumstancesofthecompany.Investorsareadvisedtopayattentiontoinvestmentrisks. III.ConditionsfortheEffectivenessoftheTakeoverOffer ThistenderofferissubjecttotheconditionthatthesharedistributionofWazhouBmeetsthedelistingrequirements.Ifattheendofthiscomprehensivetenderoffer,thenumberofpubliclytradedsharesofWazhouBthataccepttheofferexceeds39,050,000shares,andtheproportionofpubliclytradedsharesofWazhouBinthetotalsharecapitalaftertheacquisitionislowerthan10%,thenthistenderofferwillbeeffective.Ifattheendofthiscomprehensivetenderoffer,thenumberofpubliclytradedsharesofWazhouBthataccepttheofferislessthan39,050,000shares,andtheproportionofpubliclytradedsharesofWazhouBinthetotalsharecapitalremainshigherthan10%,thenthiscomprehensivetenderofferwillbeinvalidfromthebeginning,theoriginalpre-acceptancedeclarationwillno longerbevalid,andChinaSecuritiesDepositoryandClearingCorporationShenzhenwillautomaticallyreleasethecorrespondingsharesfromtemporarycustody.ThetradingofWazhouBShareswillbesuspendedfromtheexpirationofthecurrenttenderofferperioduntiltheannouncementoftheresultsofthetenderoffer.Ifthetenderoffertakeseffect,tradingwillremainsuspendedfollowingtheannouncementoftheresultsuntiltheShenzhenStockExchangeterminatesthelistingofWazhouBShares,withnodelistingadjustmentperiod.WazhouBShareswillbedelistedwithin5tradingdaysfromthe datethe ShenzhenStockExchangeannouncesthedecisiontoterminatelisting. FollowingthedelistingofWazhouBShares,theofferorshallpurchasetheremainingsharesheldbyshareholderswhointendtosellsuchsharesatthetenderofferpriceinaccordancewithArticle74oftheSecuritiesLaw.Thespecificproceduresandstepsforthepurchaseofremainingshareswillbeannouncedseparately.Inaddition,insuchcircumstances,ifthenumberofshareholdersofWazhoustillexceeds200afterdelisting,WazhouwilltransfertotheNationalEquitiesExchangeandQuotationsSystem(NEEQ)forsharetransfer.Relevantmatterswillbeannouncedseparately.IV.DetailsoftheSharesSubjecttoThistakeoverOffer According to Article 26 of the "Administrative Measures for the Acquisition of ListedCompanies",The shares subject to this takeover Offer are the Wazhou B shares held byshareholdersotherthantheacquirer.Thequantityofsharesundertheofferisasfollows:
IfWazhouBundertakesanycorporateactionssuchasdividenddistributions,bonusshareissues,or capital reserve conversions into share capital (events involving ex-rights or ex-dividends)betweentheannouncementdateofthesummaryofthistakeoverOfferreportandtheexpirationdateofthetakeoverOfferperiod,theofferpricewillbeadjustedaccordingly.V.DurationofthetakeoverOffer Thetermofthistenderofferis39calendardays,fromJanuary20,2026toFebruary27,2026,exceptincaseswherecompetingoffersaremade. Threetrading dayspriortotheexpiration ofthistenderoffer,pre-acceptingshareholderscanentrustsecuritiescompaniestohandletheproceduresforwithdrawingtheirpre-acceptanceoftheoffer. The China Securities Depository and Clearing Corporation (Shenzhen) will release thepre-acceptedsharesfromtemporarycustodyuponthewithdrawalapplicationofthepre-acceptingshareholders. During the last three trading days before the expiration of this tender offer,pre-accepting shareholderscan withdraw the pre-accepted offersthey have submitted on thecurrentday,buttheycannotwithdrawthepre-acceptedoffersthathavebeentemporarilyheldbytheChinaSecuritiesDepositoryandClearingCorporation(Shenzhen).Duringthetermofthistenderoffer,investorscanqueryontheShenzhenStockExchangewebsite(http://www.szse.cn/)thenumberofpre-acceptedsharesasoftheprevioustradingdayandthenumberofwithdrawnpre-acceptedshares. VI.MethodsandProceduresforShareholders'Pre-SubscriptionOffer1.ReportingCode:990087 2.ReportingPrice:HKD2.86pershare 3.Quantitylimitfordeclaration Theupperlimitforthenumberofsharesthatshareholderscandeclareforthepre-acceptanceofferisthenumberofsharesheldintheirshareholderaccountsthatarenotsubjecttopledge,judicialfreezing,orotherrestrictions.Anyexcessamountisinvalid.Sharesthatarepledged,judiciallyfrozen,orsubjecttootherrestrictionscannotbedeclaredforthepre-acceptanceoffer.4.ApplicationforPre-acceptanceOffer IfashareholderofWazhouBappliesforthepre-acceptanceoffer,theymustcompletetherelevantproceduresforthepre-acceptanceofferofthesharesinthisofferduringeachtradingdaywithintheofferperiod,throughthebusinessdepartmentofthesecuritiescompanythatholdstheirshares.The business department of the securities company will handle the relevant declarationproceduresthrough the tradingsystemof theShenzhen StockExchange.The contentofthedeclaration instruction should include: stock code, member seat number, securities accountnumber, contract number, pre-accepted quantity, acquisition code. During the offer period(includingtheperiodofstocksuspension),shareholdersofWazhouBcanhandletherelevantpre-acceptancedeclarationprocedures.Thepre-acceptancedeclarationcanberevokedonthesameday. 5.SaleofPre-acceptedShares Sharesthathavebeendeclaredforpre-acceptancecanbesoldonthesameday.Unexecutedpartsofthesellingdeclarationwillstillbeincludedinthepre-accepteddeclaration.Sharesthathavebeendeclaredforpre-acceptanceshouldnotbere-sold,andsharesthathavebeensoldshould not be re-declared for pre-acceptance. Otherwise, it will cause the sold shares to beshort-soldonthesettlementdate.Shareholdersoftradablesharesshouldhandlethenon-tradingcommissiondeclarationonthesamedayforthesamebatchofsharesinthesametransaction,andtheprocessingsequenceis:pledge,pre-acceptance,transferregistration.6.ConfirmationofPre-acceptedShares Theconfirmationofpre-acceptedsharesorthewithdrawalofpre-acceptedsharedeclarationwilltakeeffectonthenexttradingdayafterconfirmationbyChinaSecuritiesDepositoryandClearingCorporation Shenzhen. China Securities Depository and Clearing Corporation Shenzhen willtemporarilykeeptheconfirmedpre-acceptedshares.Theconfirmedpre-acceptedsharesshallnotbetransferred,transferredforregistration,orpledged. 7.AmendmentoftheOffer Duringtheofferperiod,iftheofferisamended,theoriginalpre-accepteddeclarationwillnolongerbe valid. China Securities Depository and Clearing Corporation Shenzhen will automaticallyrelease the temporary custody of the corresponding shares; shareholders who accept theamendedoffermustre-declare. 8.CompetitiveOffer Whenacompetitiveofferoccurs,pre-acceptedshareholdersoftheinitialoffershouldwithdrawthe9.JudicialFreeze Ifthepre-acceptedsharesarejudiciallyfrozenduringtheofferperiod,thesecuritiescompanywillwithdrawthepre-accepteddeclarationofthecorrespondingsharesthroughtheShenzhenStockExchangetradingsystembeforeassistingintheexecutionofthesharefreeze.10.AnnouncementofPre-acceptedShareSituation Onthetradingdaybeforeeachtradingdayduringtheofferperiod,theofferorwillannouncetherelevantsituationofthepre-acceptedsharesoftheprevioustradingdayontheShenzhenStockExchangewebsite. 11.HandlingofRemainingShares The remaining shares purchased by the offeror from each shareholder who has declared forpre-acceptancethatarelessthanonesharewillbehandledinaccordancewiththeproceduresforfractional sharesin the distribution ofrightsand interests ofChina SecuritiesDepositoryandClearingCorporationShenzhen. 12.TransferofOfferedShares Aftertheexpirationoftheofferperiodandtheeffectivenessoftheoffer,theofferorwilldeposittheamountoftheofferfunds,excludingtheperformanceguaranteedeposit,infullintoitssettlementreserveaccountatChinaSecuritiesDepositoryandClearingCorporationShenzhen,andthenapply to the settlement business department of China Securities Depository and ClearingCorporationShenzhentotransferthefundsfromitssettlementreserveaccounttothesecuritiesfundsettlementaccountoftheoffer. 13.TransferofPre-acceptedShares Aftertheexpirationoftheofferperiodandtheeffectivenessoftheoffer,theofferorwillapplytotheShenzhenStockExchangeforthetransferproceduresofthepre-acceptedsharesandproviderelevant materials. The legal department of the Shenzhen Stock Exchange will complete theconfirmationproceduresforthetransferofthepre-acceptedshares,andtheofferorwill,withtheconfirmationletterofthetransferofpre-acceptedsharesissuedbytheShenzhenStockExchange,gotoChinaSecuritiesDepositoryandClearingCorporationShenzhentohandlethesharetransferprocedures. 14.AnnouncementofOfferResults Afterthetransferproceduresforthepre-acceptedsharesarecompleted,theofferorwillpromptlysubmit and disclose the report on the acquisition of the listed company and the resultsannouncementtotheShenzhenStockExchange. VII. Methods and Procedures for Shareholders to Withdraw TheirPre-acceptanceOffers 1.WithdrawalofPre-acceptedOffer Ifthepre-acceptedshareapplicationiswithdrawn,therelevantproceduresfordeclarationshallbecarriedoutthroughthetradingsystemoftheShenzhenStockExchangewithinthetradinghoursofeachtradingdayduringthevalidityperiodoftheacquisitionoffer.Thecontentofthedeclarationinstructionshallinclude:stockcode,memberseatnumber,securitiesaccountnumber,contractnumber,withdrawalquantity,acquisitioncode.Thewithdrawalofthepre-acceptedofferdeclarationcanberevokedonthesameday. 2.AnnouncementofWithdrawalofPre-acceptedOfferSituation Onthetradingdaybeforeeachtradingdayduringtheofferperiod,theacquirerwillannounceontheShenzhenStockExchangewebsitetherelevantsituationofthewithdrawalofthepre-acceptedofferoftheprevioustradingday. 3.ConfirmationofWithdrawalofPre-acceptedOffer Thewithdrawalofthepre-acceptedofferdeclarationbecomeseffectiveonthenexttradingdayafterbeingconfirmedbytheChinaSecuritiesDepositoryandClearingCorporationShenzhen.Thetemporarycustodyofthewithdrawnpre-acceptedoffersharesisreleasedbyChinaSecuritiesDepositoryandClearingCorporationShenzhen. Threetradingdaysbeforetheexpirationofthetenderoffer,thepre-acceptedshareholderscanentrustasecuritiescompanytohandletheproceduresforwithdrawingthepre-acceptedoffer.China Securities Depository and Clearing Corporation Shenzhen will release the temporarycustodyofthepre-acceptedofferstocksbasedonthewithdrawalapplicationofthepre-acceptedoffer shareholders. Within three trading days before the expiration of the tender offer, thepre-acceptedshareholderscanwithdrawthepre-acceptedofferdeclaredonthesameday,buttheycannotwithdrawthepre-acceptedofferthathasbeentemporarilyheldbyChinaSecuritiesDepositoryandClearingCorporationShenzhen. 4. When there is a competing offer, pre-accepted offer shareholders shall withdraw thepre-accepted offer shares for the initial offer before making a further pre-acceptance of thepre-acceptedoffer. 5.Whenthetradablesharesofthepre-acceptedofferarepledged,subjecttojudicialfreezingorsubjecttootherrightsrestrictionsduringthetenderofferperiod,thesecuritiescompanyshallwithdraw the pre-accepted offer declaration of the corresponding shares through the tradingsystemoftheShenzhenStockExchangebeforeassistingintheexecutionofthesettingofotherrightsontheshares. VIII.Pre-acceptanceofOffer AfterAuthorizedtotheShenzhenStockExchange,AsofFebruary13,2026,thetotalnumberofpre-acceptedshareswas18,083,941,representingapre-acceptanceratioof11.402%.Herebynotify Boardofdirectorsof WafangdianbearingCompanylimited February25,2026 中财网
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