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RoboSense Technology Co., Ltd — Capital/Financing Update 2015
May 22, 2015
50628_rns_2015-05-22_308794a5-9e62-4ebb-ad29-14a78122870e.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 GRANT OF APPROVAL FOR THE AGREEMENT TO TRANSFER THE SHARES IN THE COMPANY BY THE STATE-OWNED SHAREHOLDER
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.
Reference is made to the indicative announcement of the Company dated 31 December 2014 in relation to the agreement to transfer the shares in the Company by the controlling shareholder.
The Board hereby announces that on 21 May 2015, the Company was informed by China National Building Material Group Corporation* (中國建築材料集團有限公 司) (“ CNBMG ”), the de facto controller of the Company, that CNBMG has received the “Approval on Matters in Relation to the Agreement to Transfer Certain Shares in Luoyang Glass Company Limited* held by China Luoyang Float Glass (Group) Company Limited*” (《關於中國洛陽浮法玻璃集團有限責任公司協議轉讓所持 洛陽玻璃股份有限公司部分股份有關問題的批覆》) (Guo Zi Chan Quan [2015] No. 351) (the “ Approval ”) from the State-owned Assets Supervision and Administration Commission (“ SASAC ”) of the State Council of the People’s Republic of China (the “ PRC ”). Details of the Approval are set out below:
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SASAC approves the transfer of 69,000,000 shares in the Company held by China Luoyang Float Glass (Group) Company Limited* (中國洛陽浮法玻璃集團有限責 任公司) (“ CLFG ”) to Bengbu Glass Industry Design and Research Institute* (蚌 埠玻璃工業設計研究院) (“ Bengbu Institute ”) [(Note)] .
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Upon completion of this share transfer, the total issued share capital of the Company remains unchanged, and CLFG and Bengbu Institute holds 90,018,242 and 69,000,000 shares in the Company respectively, representing approximately 18.00% and 13.80% of the total issued share capital of the Company respectively.
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SASAC requests CNBMG to instruct the state-owned shareholder to comply with the relevant rules and regulations regarding management of state-owned shares in listed companies and protect state-owned rights, in order to promote the healthy development of the Company.
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SASAC requests CNBMG to fill in and report the relevant situation to the information system on management of state-owned shares in listed companies of SASAC within 10 working days upon completion of this share transfer.
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The Approval is effective for 12 months from the date of issue.
- Note: Bengbu Institute directly holds 19.00% equity interest in CLFG and is an indirect wholly-owned subsidiary of CNBMG. CNBMG, through another wholly-owned subsidiary of it, indirectly holds approximately 51.70% equity interest in CLFG.
By order of the Board of Luoyang Glass Company Limited Ma Liyun* Chairman
Luoyang, the PRC 22 May 2015
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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