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RoboSense Technology Co., Ltd — Capital/Financing Update 2014
Oct 10, 2014
50628_rns_2014-10-10_7eb794a3-6c3f-4723-b9ac-0594f7f57129.pdf
Capital/Financing Update
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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).
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 since the relevant due diligence investigation, audit and valuation work have not yet been completed. 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, 13 August 2014, 20 August 2014, 27 August 2014, 3 September 2014, 10 September 2014, 13 September 2014, 20 September 2014 and 27 September 2014 respectively.
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Currently, the Company and the relevant parties have been actively working 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.
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 10 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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