RoboSense Technology Co., Ltd — Board/Management Information 2011

Mar 11, 2011

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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ANNOUNCEMENT OF RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Luoyang Glass Company Limited (the “ Company ”) and all members of the board (the “ Board ”) of directors (the “ Directors ”) of the Company warrant the truthfulness, accuracy and completeness of the contents contained in this announcement, and severally and jointly accept the responsibility for false information, misleading statements or material omissions in this announcement.

The 20th meeting of the sixth Board of the Company was held at the conference room of the Company on 1st Floor, No. 9 Tang Gong Zhong Lu, Xigong District, Luoyang, Henan Province, The People’s Republic of China (the “ PRC ”) at 9:00 a.m. on 11 March 2011. 11 out of the 11 eligible Directors have attended the meeting. The meeting was convened in compliance with the Company Law of the PRC and the Articles of Association of the

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Company. The meeting was presided over by Mr. Song Jianming, the chairman of the Company. The following resolution was approved unanimously by the Directors present at the meeting:

The Company’s No. 2 float glass production line stopped production in February 2006 due to expiry of kiln age. In light of the environmental protection requirements of Luoyang and the requirements for protection of relics of the Sui Tang Dynasties City, the production cannot be resumed on the original site. The equipment of the aforesaid production line and the relevant assets have become idle. In addition, the Company’s land located at No. 9 Tang Gong Zhong Lu, Xigong District, Luoyang has been sold to Luoyang Land Reserves Coordination Centre (洛陽市土地儲備整理中心). In order to liquidize the assets, the Company proposes to dispose the assets of the above production line and authorize the management to deal with matters regarding the disposal of such assets in its absolute discretion, provided that the consideration for the disposal of the assets is not less than their net book values. The management is also required to earnestly go through relevant approval procedures based on the practical circumstances of the assets disposal so as to ensure that the assets disposal is in compliance with relevant laws and regulations. The Company will make timely information disclosure according to relevant requirements based on the progress of the disposal of assets of the above production line.

By order of the Board Luoyang Glass Company Limited Song Jianming Chairman

Luoyang, the PRC 11 March 2011

As at the date of this announcement, the Board comprises four executive Directors: Mr. Song Jianming, Mr. Ni Zhisen, Ms. Song Fei and Mr. Cheng Zonghui; three non-executive Directors: Mr. Zhao Yuanxiang, Mr. Zhang Chengong and Mr. Guo Yimin; and four independent non-executive Directors: Mr. Zhang Zhanying, Mr. Guo Aimin, Mr. Huang Ping and Mr. Dong Jiachun.

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