RoboSense Technology Co., Ltd — Capital/Financing Update 2018

Apr 13, 2018

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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

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UPDATE ANNOUNCEMENT IN RELATION TO THE SIGNIFICANT ASSETS RESTRUCTURING OF THE COMPANY

Financial adviser to the Company

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The board (the “ Board ”) of directors (the “ Directors ”) of Luoyang Glass Company Limited (the “ Company* ”) and all of its Directors warrant that there are no false information, misleading statements or material omissions in this announcement, and accept joint and several responsibilities for the truthfulness, accuracy and completeness of its contents.

Reference is made to (i) the circular of the Company dated 11 October 2017 in relation to, among other things, its (a) very substantial acquisitions and connected transactions; (b) proposed A share placing; and (c) application for whitewash waiver (the “ Circular ”); and (ii) the announcements of the Company dated 25 January 2018, 1 February 2018 and 19 March 2018 (the “ Announcements ”) in relation to, among other things, the vetting and approval by the Merger and Reorganisation Committee of the CSRC. Unless otherwise specified, capitalised terms used herein shall have the same meaning as those defined in the Circular and the Announcements.

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COMPLETION OF TRANSFER OF EQUITY INTEREST OF THE TARGET COMPANIES

The Board is pleased to announce that the completion of the transfer of business registration of each of the 100% equity interest in Hefei New Energy and Tongcheng New Energy took place on 23 March 2018 and 27 March 2018 respectively and 70.99% equity interest in Yixing New Energy took place on 13 April 2018. Upon the completion of the transfer, each of Hefei New Energy and Tongcheng New Energy has become a wholly-owned subsidiary of the Company and Yixing New Energy has become a controlled subsidiary of the Company.

Completion of the Proposed Acquisitions, issue of the Consideration Shares and the Proposed A Share Placing is subject to satisfaction of the Proposed Acquisitions Conditions Precedent and therefore, may or may not proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

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

Luoyang, the PRC 13 April 2018

As at the date of this announcement, the Board comprises four executive Directors: Mr. Zhang Chong, Mr. Ni Zhisen, Mr. Wang Guoqiang and Mr. Ma Yan; one non-executive Director: Mr. Xie Jun; 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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