Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RoboSense Technology Co., Ltd Capital/Financing Update 2018

Feb 1, 2018

50628_rns_2018-02-01_41a6a574-35fa-4c1f-b8d2-89f36d1d4f50.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

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.

==> picture [373 x 149] intentionally omitted <==

ANNOUNCEMENT IN RELATION TO THE APPROVAL OF THE SIGNIFICANT ASSETS RESTRUCTURING OF THE COMPANY BY THE MERGER AND REORGANISATION COMMITTEE OF THE CSRC AND RESUMPTION OF TRADING IN A SHARES OF THE COMPANY

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.

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (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).

References are 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 announcement of the Company dated 25 January 2018 in relation to, among other things, the vetting by the Listed Companies Merger and Reorganisation Vetting Committee (the “ Merger and Reorganisation Committee ”) of the China Securities Regulatory Commission (the “ CSRC ”) and the suspension of trading in A shares of the Company. Unless otherwise specified, capitalised terms used herein shall have the same meaning as those defined in the Circular.

– 1 –

On 1 February 2018, the Company was notified by the CSRC that upon vetting by the Merger and Reorganisation Committee at its 8th working meeting in 2018 held on 1 February 2018, the Reorganisation of the Company (i.e. the transactions contemplated under the Proposed Acquisitions Agreements and the Proposed A Share Placing) was unconditionally approved.

Pursuant to the “Administrative Measures on Significant Assets Restructuring of Listed Companies ( 上市公司重大資產重組管理辦法 )” of the PRC and other regulations, upon request by the Company, trading in A Shares of the Company will be resumed from the market opening on 2 February 2018. Currently, the Company has yet to receive the official approval document(s) from the CSRC. The Company will make further announcement(s) as and when appropriate in accordance with the requirements of the Listing Rules after receipt of the relevant approval document(s) from the CSRC.

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 1 February 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

– 2 –