RoboSense Technology Co., Ltd — Board/Management Information 2017

Jun 9, 2017

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ANNOUNCEMENT OF RESOLUTIONS PASSED AT THE BOARD MEETING

All members of the board (the “ Board ”) of directors (the “ Directors ”) of Luoyang Glass Company Limited (the “ Company ”) hereby warrant the truthfulness, accuracy and completeness of the contents of this announcement, and accept several and joint responsibilities for any false information, misleading statements or material omissions in this announcement.

The 29th meeting of the eighth Board of the Company was held on 9 June 2017, which passed a resolution with respect to the cold repair technical transformation proposal of the information display ultra-thin glass substrate production line of CLFG Longhai Electronic Glass Company Limited (“ Longhai Company ”), a wholly-owned subsidiary of the Company.

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In order to further enhance the market competitiveness of the leading products of the Company and enhance product quality, the Company has decided to implement technical transformation and product upgrade of the information display ultra-thin glass substrate production line of Longhai Company. This technical transformation will use established and reliable technological solutions to transform the original production line into a new generation of information display ultra-thin glass substrate production line, to achieve production of high quality ultra-thin glass substrate. The melting capacity of the proposed designed glass melting furnace reaches 180 tonnes/ day with an annual production output of 15.5 million square meters. The estimated total investment of the project is RMB508,710,000, of which RMB452,560,000 is new investment. The construction period of the project is planned to be 10 months.

By order of the Board Luoyang Glass Company Limited Zhang Chong* Chairman

Luoyang, the PRC 9 June 2017

As at the date of this announcement, the Board comprises four executive Directors: Mr. Zhang Chong, Mr. Ni Zhisen, Mr. Wang Guoqiang and Mr. Ma Yan; three non-executive Directors: Mr. Zhang Chengong, Mr. Xie Jun and Mr. Tang Liwei; and four independent non-executive Directors: Mr. Jin Zhanping, Mr. Liu Tianni, Mr. Ye Shuhua and Mr. He Baofeng.

• For identification purposes only

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