RoboSense Technology Co., Ltd — Capital/Financing Update 2016

Sep 30, 2016

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 SUSPENSION OF TRADING IN A SHARES IN RELATION TO A POTENTIAL SIGNIFICANT ASSETS RESTRUCTURING

This announcement is made by Luoyang Glass Company Limited* (the “ Company ”) pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Reference is made to the announcement of the Company dated 7 September 2016 in relation to contemplation of a significant event, the announcement of the Company dated 14 September 2016 in respect of continuation of suspension of trading in A shares in relation to a significant event, and the announcement of the Company dated 23 September 2016 in respect of suspension of trading in A shares in relation to a significant assets restructuring. As the Company is contemplating a significant event, the trading in the A shares of the Company has been suspended since 8 September 2016. After discussions and negotiations between the Company and the relevant parties during the period of suspension of trading in the A shares of the Company, such event will constitute a significant assets restructuring of the Company (the “ Significant Assets Restructuring ”).

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I. INTRODUCTION OF THE PRELIMINARY RESTRUCTURING FRAMEWORK

(1) Major counterparties

The counterparties to the transaction are preliminarily identified as the Company’s connected persons and independent third parties. At present, the Significant Assets Restructuring has not yet been finalized and the Company is actively communicating and discussing with the relevant parties.

(2) Transaction type

The transaction type is initially determined as issue of shares for purchase of assets.

(3) The target assets

The target assets of the transaction are expected to come from the new energy glass industry.

II. THE PROGRESS OF THE SIGNIFICANT ASSETS RESTRUCTURING

• (1) During the period of suspension of trading in the A shares of the Company, the Company and the relevant parties are actively conducting study and discussion of the matters related to the Significant Assets Restructuring and advancing all the work on the Significant Assets Restructuring, including the scope of assets, transaction type and restructuring plan.

• (2) The Company has conducted full discussion in respect of the feasibility of the Significant Assets Restructuring with the independent financial advisor and other intermediaries which are initially determined to engage, but the Company has yet to enter into any restructuring service agreement with the relevant intermediaries.

III. REASONS FOR FAILURE TO RESUME TRADING IN THE A SHARES OF THE COMPANY AS SCHEDULED

As at the date thereof, the Company has been actively discussing the restructuring plan and other work with the relevant parties. Since the Significant Assets Restructuring involves a heavy workload including due diligence, auditing and valuation, the relevant work has not been completed yet and the relevant contents involved in the plan of the Significant Assets Restructuring are subject to further communication and confirmation, the Company currently is unable to disclose the proposal of the Significant Assets Restructuring and resume trading in the A shares of the Company. 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, the Company has applied to the Shanghai Stock Exchange (the “ Shanghai Stock Exchange ”) for continuation of suspension of trading in the A shares of the Company.

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IV. APPLICATION FOR CONTINUATION OF SUSPENSION OF TRADING IN THE A SHARES OF THE COMPANY

Upon request of the Company to the Shanghai Stock Exchange, it is expected that the trading in the A shares of the Company will be suspended for not more than one month from 10 October 2016.

During the period of suspension of trading in the A shares of the Company, the Company will, based on the progress of the Significant Assets Restructuring, fulfill its obligations of information disclosure in a timely manner to disclose the progress of the Significant Assets Restructuring. After completion of the relevant works, the board meeting of the Company will be held to consider the proposal of the Significant Assets Restructuring, and the Company will make announcement(s) and resume trading in the A shares of the Company upon request to the Shanghai Stock Exchange in a timely manner. Investors are reminded to read the relevant announcement(s) of the Company and to be aware of the investment risks.

As the Company is contemplating the Significant Assets Restructuring, whether to proceed with the Significant Assets Restructuring involves significant uncertainties. If it does proceed, the Significant Assets Restructuring may still be subject to certain conditions. Investors and shareholders are advised by the board of directors of the Company to exercise caution when dealing in the shares of the Company.

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

Luoyang, the PRC 30 September 2016

As at the date of this announcement, the board of directors of the Company 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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