RoboSense Technology Co., Ltd — Capital/Financing Update 2011

Jan 27, 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 ON THE ESTIMATED PROFIT IN THE ANNUAL RESULTS OF THE COMPANY FOR 2010

This announcement is made pursuant to Rule 11.3.1 of the Shanghai Stock Exchange Share Listing Rules and Rule 13.09(1) 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 of this announcement, and accept several and joint responsibilities for any false information, misleading statements or material omissions in this announcement.

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I. ESTIMATED ANNUAL RESULTS FOR 2010

1. Period to which the estimated results apply: From 1 January 2010 to 31 December 2010 (the “ Reporting Period ”)

2. Estimated results: Based on the unaudited management accounts of the Company, the Company expects to record a profit for the year ended 31 December 2010.

3. These estimated results have not been audited by the certified public accountants.

II. RESULTS FOR THE CORRESPONDING PERIOD OF 2009 (AUDITED UNDER THE PRC ACCOUNTING STANDARDS)

1. Net profit/(loss) attributable to the shareholders of the Company: RMB(167,456,263)

2. Earnings/(loss) per share: RMB(0.335)

III. REASONS:

1. During the Reporting Period, the Company commenced the “Comprehensive Operation Improvement” scheme and implemented benchmarking management, which controlled various costs and expenses effectively and enhanced the profit to cost ratio. In addition, the Company put more efforts in adjusting the product mix in order to scale up the production and sales volumes of products with higher margin, which boosted operating benefits to the Company.

2. During the Reporting Period, benefiting from an upbeat glass market, selling price of the Company’s products increased as compared with the corresponding period of last year, which resulted in the increase in the gross profit.

3. During the Reporting Period, the Company reached agreements with certain banks to extend the term of its loans on an interest-free basis, which reduced its finance costs.

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IV. OTHER RELEVANT INFORMATION

The estimated profit in the annual results for 2010 shall be subject to the audit by certified public accounts. Investors are advised to exercise caution when dealing in the shares of the Company. The Company will disclose details of the operating results for 2010 in its 2010 annual report.

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

Luoyang, the PRC 27 January 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 nonexecutive 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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