RoboSense Technology Co., Ltd — Capital/Financing Update 2014

Oct 14, 2014

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 in respect of the progress of the significAnt Asset restructuring

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.

This announcement is made by the Company pursuant to the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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Since the Company was in the process of planning a significant asset restructuring, upon application, trading in the Company’s A shares was continuously suspended from 14 July 2014. According to the relevant announcement published by the Company in Shanghai on 13 September 2014, trading in the Company’s A shares was continuously suspended from 15 September 2014 for not more than 30 days. During the suspension period, the Company has timely fulfilled its obligation of information disclosure, and published relevant announcements in Shanghai on 19 July 2014, 26 July 2014, 2 August 2014, 9 August 2014, 20 August 2014, 27 August 2014, 3 September 2014, 10 September 2014, 13 September 2014, 20 September 2014, 27 September 2014 and 11 October 2014 respectively, to provide updates on the progress of the significant asset restructuring.

During the suspension period, the Company and the relevant parties have actively worked on the due diligence investigation, legal, audit and valuation work in respect of the above significant asset restructuring, and conducted thorough research and analysis on the proposal of the significant asset restructuring. Currently, it is expected that the counterparties will be the controlling shareholder of the Company, China Luoyang Float Glass (Group) Company Limited* ( 中國洛陽浮法玻璃集團有限責任公司 ), and the connected person of the Company, Bengbu Glass Industry Design and Research Institute* ( 蚌埠玻璃工業設計研究院 ), and the transaction will include but not limit to assets swap and acquisition of assets in consideration of issuance of shares. The assets proposed to be disposed of are expected to be the common float glass business of the Company and other relevant assets, etc. The assets proposed to be acquired are expected to be the 100% equity interest in Bengbu China National Building Materials Information Display Materials Company Limited* ( 蚌埠中建材信息顯示材料有限公司 ).

Currently, the intermediary agencies are working on the relevant due diligence investigation, audit and valuation work. Since there are relatively many parties involved in the process of carrying out the significant asset restructuring, the assets conditions and the approval procedures are relatively more complicated, the working volume is relatively large, and there are also relatively many external approval procedures involved, more time is needed to carry out the relevant communication and to complete the approval procedures. The proposal of the significant asset restructuring were still in the process of negotiation, analysis, refinement and adjustment. Therefore, trading in the Company’s A shares could not be resumed in accordance with the above time.

In order to ensure the fairness in information disclosure, protect the interest of the investors and avoid unusual movement in the price of the Company’s A shares, upon application by the Company to the Shanghai Stock Exchange, trading in the Company’s A shares will continuously be suspended from 15 October 2014 for not more than 30 days.

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During the period of suspension, the Company will, based on the progress of the significant asset restructuring, fulfill its obligations of information disclosure in a timely manner and release an announcement in relation to the progress of such matter at the interval of every five trading days.

At the request of the Company, trading in the H shares of the Company on The Stock Exchange of Hong Kong Limited was suspended with effect from 9:00 a.m. on Monday, 30 June 2014 pending the release of an announcement containing inside information of the Company.

By order of the Board Luoyang glass company Limited ma Liyun* Chairman

Luoyang, the PRC 14 October 2014

As at the date of this announcement, the Board comprises four executive Directors: Mr. Ma Liyun, Mr. Ni Zhisen, Ms. Sun Lei and Mr. Xie Jun; two non-executive Directors: Mr. Zhang Chengong and Mr. Zhang Chong; and four independent non-executive Directors: Mr. Huang Ping, Mr. Dong Jiachun, Mr. Liu Tianni and Mr. Jin Zhanping.

• for identification purposes only

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