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RoboSense Technology Co., Ltd Regulatory Filings 2012

Jan 4, 2012

50628_rns_2012-01-04_5f7df42e-60c7-4c5e-b35d-66d1be0a7337.pdf

Regulatory Filings

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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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SUPPLEMENTARY ANNOUNCEMENT

Reference is made to the announcement of Luoyang Glass Company Limited dated 28 December 2011 in relation to the connected transaction in respect of the acquisition of the Assets through public auction (the “ Announcement ”). Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

According to the information provided by the Auctioneer or Longmen FRP, the Board would like to further provide the financial information of the Assets as follows:-

  1. The original purchase cost of the Assets by Longmen FRP was approximately RMB9,682,300 and the Assets have ceased production since October 2006;

  2. The net book value of the Assets as at 10 May 2011 was approximately RMB3,223,800; and

  3. According to the valuation report prepared by 河南華誠資產評估事務所 (Henan Huacheng Assets Valuation Company*), an independent professional valuer in the PRC, the appraised value of the Assets as at 10 May 2011 was approximately RMB3,072,900.

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

Luoyang, the PRC 4 January 2012

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.

* For identification purposes only