RoboSense Technology Co., Ltd — Regulatory Filings 2013

Jan 4, 2013

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ANNOUNCEMENT IN RELATION TO FINANCIAL SUBSIDY GRANTED BY LUOYANG CITY

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 of this announcement, and accept several and joint responsibilities for any false information, misleading statements or material omissions in this announcement.

According to the “Notice of Payment of Production Lines Relocation Compensation by Luoyang Finance Bureau to China Luoyang Float Glass (Group) Company Limited” ( 洛陽 市財政局關於撥付洛玻集團生產線拆遷補償資金的通知 ) dated 28 December 2012 and “Notice in relation to Adjustment to Long-Term Borrowing and Interest Accounts of China Luoyang Float Glass (Group) Company Limited” ( 洛陽市財政局關於洛玻集團長期借款 及利息賬目調整的通知 ) dated 31 December 2012 issued by Luoyang Finance Bureau, Luoyang Finance Bureau has given a production lines relocation compensation of RMB30 million to China Luoyang Float Glass (Group) Company Limited (the “ CLFG ”), the controlling shareholder of the Company, and has adjusted the accounts of two long-term borrowing by CLFG in the total sum of RMB25,533,636 and interest of RMB4,175,988 as financial subsidy expenses, in order to make up the loss of CLFG caused by the

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relocation of its production lines in the main plant area. As the three relevant production lines relocated belong to the Company, in order to compensate the Company’s loss from relocation, CLFG transferred the above compensation in the total sum of RMB59,709,624 to the Company’s account on 31 December 2012.

According to the relevant regulations of the “Accounting Standards for Business Enterprises” of the People’s Republic of China (the “ PRC ”), the above financial subsidy will be recorded in the income statement of the Company for the year of 2012, however, the specific accounting treatment will be subject to the annual audit by the accountant.

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

Luoyang, the PRC 4 January 2013

As at the date of this announcement, the Board comprises three executive Directors: Mr. Song Jianming, Mr. Ni Zhisen and Ms. Song Fei; three non-executive Directors: Mr. Zhao Yuanxiang, Mr. Zhang Chengong and Mr. Guo Yimin; and four independent non-executive Directors: Mr. Huang Ping, Mr. Dong Jiachun, Mr. Liu Tianni and Mr. Zeng Shaojin.

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