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RoboSense Technology Co., Ltd — Major Shareholding Notification 2010
Jul 9, 2010
50628_rns_2010-07-09_00a5fcbd-b32b-4b9a-b09b-89088058a637.pdf
Major Shareholding Notification
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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 TRANSFER OF 19% EQUITY INTEREST IN CHINA LUOYANG FLOAT GLASS (GROUP) COMPANY LIMITED, THE CONTROLLING SHAREHOLDER OF THE COMPANY, AT NIL CONSIDERATION
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.
Luoyang Glass Company Limited (the “ Company ”) and all members of the board (the “ Board ”) of directors (the “ Directors ”) of the Company hereby warrant the truthfulness, accuracy and completeness of the contents in this announcement, and accept joint and several responsibilities for any false information, misleading statements or material omission in this announcement.
On 9 July 2010, the Company received a notification from China Luoyang Float Glass (Group) Company Limited (“ CLFG ”), the controlling shareholder of the Company, stating that China National Building Material Group Corporation (“ CNBMG ”), the ultimate controller of the Company, has transferred 19% out of its 70.70% equity interest in CLFG to Bengbu Glass Industry Design Institute (“ Bengbu ”) at nil consideration. Bengbu is wholly-owned by CNBMG through its wholly-owned subsidiary, China Building Materials Academy. CLFG currently holds 35.80% equity interest in the Company.
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Set out below are the shareholding structures of the Company immediately before and after completion of the present equity transfer:
Immediately before completion of the equity transfer
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----- Start of picture text ----- State-owned Assets Supervision andAdministration Commission of the PRC100%CNBMGChina Huarong China Great China Orient China ConstructionLuoyang State-owned Assets Asset Wall Asset Asset Bank Corporation,Operation Company Limited Management Management Management Henan ProvinceCorporation Corporation Corporation Branch10.27% 70.70% 8.55% 5.44% 3.10% 1.94%Holders of Holders ofCLFGA Shares H Shares14.20% 35.80% 50.00%The Company----- End of picture text -----
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Immediately after completion of the equity transfer
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----- Start of picture text ----- State-owned Assets Supervision andAdministration Commission of the PRC100%CNBMG100%China BuildingMaterialsAcademy100%China Huarong China Great China Orient China ConstructionLuoyang State-owned Assets Asset Wall Asset Asset Bank Corporation,Operation Company Limited Bengbu Management Management Management Henan ProvinceCorporation Corporation Corporation Branch10.27% 51.70% 19.00% 8.55% 5.44% 3.10% 1.94%Holders of Holders ofCLFGA Shares H Shares14.20% 35.80% 50.00%The Company----- End of picture text -----
Upon completion of the present equity transfer, Bengbu will hold an indirect equity interest in the Company through CLFG, while CNBMG will remain the ultimate controller of the Company.
By order of the Board of
LUOYANG GLASS COMPANY LIMITED
Song Jianming
Chairman
Luoyang, the PRC 9 July 2010
As at the date of this announcement, the Board comprises four executive Directors: Mr. Song Jianming, Ms. Song Fei, Mr. Ni Zhisen and Mr. Cheng Zonghui; one non-executive Director: Mr. Guo Yimin; and four independent non-executive Directors: Mr. Zhang Zhanying, Mr. Guo Aimin, Mr. Huang Ping and Mr. Dong Jiachun.
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