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

Mar 19, 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.

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UPDATE ANNOUNCEMENT IN RELATION TO THE APPROVAL OF THE SIGNIFICANT ASSETS RESTRUCTURING OF THE COMPANY BY THE MERGER AND REORGANISATION COMMITTEE OF THE CSRC

Financial adviser to the Company

This announcement is made pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to 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 the announcements of the Company dated 25 January 2018 and 1 February 2018 (the “ Announcements ”) in relation to, among other things, the vetting 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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The Company is pleased to announce that on 19 March 2018, the Company received the “Approval on Purchase of Assets by Share Issue to China Luoyang Float Glass (Group) Company Limited* ( 中國洛陽浮法玻璃集團有限責任公司 ) etc.. and Raising of Supporting Funds by Luoyang Glass Company Limited* ( 關於核准洛陽 玻璃股份有限公司向中國洛陽浮法玻璃集團有限責任公司等發行股 份購買資產並募集配套資金的批覆 )” (Zheng Jian Xu Ke [2018] No. 475) (the “ Approval ”) from the CSRC. The principal terms of the Approval are as follows:

1. The issuance of 10,097,588 A shares to CLFG, 3,029,276 A shares to Hefei High-Tech, 6,377,490 A Shares to Huaguang Group, 2,365,976 A Shares to Bengbu Institute, 708,610 A Shares to International Engineering, 7,508,991 A Shares to Triumph Group, 1,877,247 A Shares to Yixing Environmental Technology and 1,065,338 A Shares to GCL System Integration, by the Company for acquisition of relevant assets was approved.

2. The non-public issuance of A shares by the Company for raising up to RMB511,865,700 supporting funds was approved.

3. The Company shall strictly comply with the proposals and relevant application documents submitted to the CSRC in relation to the issuance of shares for assets acquisition as well as the supporting funds raising.

4. The Company shall fulfill its disclosure obligations in a timely manner in accordance with the relevant requirements.

5. The Company shall comply with relevant requirements and procedures for issuance of shares.

6. The Approval shall be effective for twelve months commencing from the date of issuance by the CSRC.

7. The Company shall report to the CSRC immediately any major event occurred or significant issue encountered that shall be disclosed as required by laws and regulations during the implementation process.

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The Company is following up with the matters for completion of the Reorganisation of the Company and will make appropriate announcement(s) as and when necessary.

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

Luoyang, the PRC 19 March 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 nonexecutive 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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