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Glory Flame Subsidiary Joint Power Motors Leases Hong Kong Premises for Vehicle Retail Business

PUBT·11/02/2026 08:36:04
Glory Flame Subsidiary Joint Power Motors Leases Hong Kong Premises for Vehicle Retail Business
  • Glory Flame Holdings' indirect wholly owned subsidiary Joint Power Motors leased Hong Kong premises for its motor vehicle retail business.
  • The 14-month lease runs from November 1, 2026, through December 31, 2027.
  • Monthly basic rent is HK$ 320,000, with total basic rent of HK$ 3.52 million following rent-free periods.
  • The lease requires a HK$ 960,000 deposit; the group will recognize a right-of-use asset of approximately HK$ 4.48 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Glory Flame Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261102-12393045), on November 02, 2026, and is solely responsible for the information contained therein.