RoboSense Technology Co., Ltd — Regulatory Filings 2021

Jun 7, 2021

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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INSIDE INFORMATION IN RELATION TO THE TERMINATION AGREEMENT OF COOPERATION FRAMEWORK AGREEMENT

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

This announcement is made by the Company 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 (Cap. 571 of the Laws of Hong Kong).

Reference is made to the announcement on inside information in relation to the entering into of cooperation framework agreement between the Company and connected persons of the Company dated 30 December 2020, in relation to, among other things, the cooperation framework agreement (the “ Cooperation Framework Agreement ”) entered into between the Company and Triumph Glass Holding Co., Ltd.* ( 凱盛玻璃 控股有限公司 ) (“ Triumph Holding ”), pursuant to which, the Company intends to accept the transfer of not less than 51% of the equity interest in Triumph Jinghua Glass Co., Ltd.* ( 凱盛晶華玻璃有限公司 ) (“ Jinghua Glass ”) by Triumph Holding.

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After the Cooperation Framework Agreement was signed, the Company has subsequently conducted detailed due diligence, auditing, valuation and other work on Jinghua Glass. However, due to the adjustment to the production and operation plan of Jinghua Glass, Jinghua Glass has intended to give up the business opportunities in new energy glass, and ceases the implementation of the “Project of Photovoltaic Cell Packaging Material for Solar Equipment of Jinghua Glass”, and continue to engage in the production and sale of its existing float glass. Upon friendly negotiation between the Company and Triumph Holding, the parties decided to terminate the cooperation.

The Board hereby announces that, on 7 June 2021, the Company entered into a “Termination agreement of cooperation framework agreement” with Triumph Holding after amicable negotiations (the “ Termination Agreement ”) to terminate the Cooperation Framework Agreement. Pursuant to the Termination Agreement, Triumph Holding has guaranteed to the Company that, Triumph Holding will guarantee that Jinghua Glass will no longer proceed with the proposed construction of photovoltaic cell packaging project, and during the period that Jinghua Glass is a subsidiary controlled by Triumph Holding, both Triumph Holding and Jinghua Glass will not, directly or indirectly, engage in any business or activity which competes or may compete with the principal businesses of the Company or its wholly-owned or controlled subsidiaries.

The Board is of the view that the decision on the termination of the Cooperation Framework Agreement will not cause any material adverse impact on the business, operation or financial condition of the Group.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By order of the Board Luoyang Glass Company Limited Zhang Chong* Chairman

Luoyang, China 7 June 2021

As at the date of this announcement, the Board comprises five executive Directors: Mr. Zhang Chong, Mr. Xie Jun, Mr. Ma Yan, Mr. Wang Guoqiang and Mr. Zhang Rong; two non-executive Directors: Mr. Ren Hongcan and Mr. Chen Yong; and four independent non-executive Directors: Mr. Jin Zhanping, Mr. Ye Shuhua, Mr. He Baofeng and Ms. Zhang Yajuan.

• For identification purposes only

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