RoboSense Technology Co., Ltd — Regulatory Filings 2011

Apr 15, 2011

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 RELATION TO THE CANCELLATION OF “OTHER SPECIAL TREATMENT” ON TRADING OF A SHARES OF THE COMPANY AND THE CHANGE OF THE STOCK NAME OF A SHARES

This announcement is made pursuant to the Shanghai Stock Exchange Share Listing Rules (the “ Shanghai Listing Rules ”) and 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 warrant the truthfulness, accuracy and completeness of the contents contained in this announcement, and severally and jointly accept the responsibility for false information, misleading statements or material omissions in this announcement.

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Since the Company recorded loss for the two consecutive financial years ended 31 December 2006 and 2007, according to the relevant provisions of the Shanghai Listing Rules, the Company’s A shares have been labeled with “delisting warning” since 31 March 2008 and its stock name was changed from “Luoyang Glass” to “*ST Luobo”. In accordance with the Accounting Standards for Enterprises issued by the Ministry of Finance of the People’s Republic of China (“ PRC GAAP ”), the audited earning per share of the Company for the year ended 31 December 2008 was RMB0.03 and basic earning per share after deduction of extraordinary items was RMB-0.49. According to the Shanghai Listing Rules, the “delisting warning” label in respect of the Company’s A shares was removed on 20 May 2009 and the Company’s A shares were labeled with “other special treatment”.

Upon putting efforts in all aspects, the Company’s operational efficiency, assets quality and financial position were improved to a large extent in 2010. The Company’s financial report for the year ended 31 December 2010 has been audited by Daxin Certified Public Accountants Co., Ltd. and a standard unqualified audit report has been issued, which states that in accordance with the PRC GAAP, the equity attributable to the shareholders of the Company, the net profit attributable to the shareholders of the Company and the net profit after deduction of extraordinary items attributable to the shareholders of the Company for the year ended 31 December 2010 were RMB115,555,651.36, RMB60,787,804.31 and RMB52,673,738.58 respectively.

According to the provisions of the Shanghai Listing Rules relating to the application for the cancellation of “other special treatment” on trading of shares, the Company applied to the Shanghai Stock Exchange on 29 March 2011 for cancellation of “other special treatment” on trading of A shares of the Company. The application was approved by the Shanghai Stock Exchange. According to the Shanghai Listing Rules, trading of A shares of the Company will be suspended for one day on 18 April 2011 and will resume on 19 April 2011. The stock name of the Company’s A shares will be changed from “ST Luobo” to “Luoyang Glass” and the stock code will remain unchanged. The limitation on daily price fluctuation of the Company’s A shares will be restored to 10%.

By order of the Board Luoyang Glass Company Limited Song Jianming Chairman

Luoyang, the PRC 15 April 2011

As at the date of this announcement, the Board comprises four executive Directors: Mr. Song Jianming, Mr. Ni Zhisen, Ms. Song Fei and Mr. Cheng Zonghui; three non-executive Directors: Mr. Zhao Yuanxiang, Mr. Zhang Chengong and 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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