1、Stock Code 股份代號:8059(於開曼群島註冊成立的有限公司)(Incorporated in the Cayman Islands with limited liability)(於開曼群島註冊成立的有限公司)(Incorporated in the Cayman Islands with limited liability)2020Annual Report年度報告ANNUAL REPORT 2020 年報CMYCMMYCYCMYKGlory Flame AR2020 cover 9mm output.pdf 1 23/3/2021 上午9:56CHARACTERISTICS O
2、F THE GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED(THE“STOCK EXCHANGE”)GEM has been positioned as a market designed to accommodate companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange.Prospective investors should be aware of the potential ri
3、sks of investing in such companies and should make the decision to invest only after due and careful consideration.Given that the companies listed on GEM are generally small and mid-sized companies,there is a risk that securities traded on GEM may be more susceptible to high market volatility than s
4、ecurities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM.Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this report,make no representation as to its accuracy or complete
5、ness 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 report.This report,for which the directors(the“Directors”)of Glory Flame Holdings Limited(the“Company”)collectively and individually accept full
6、responsibility,includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange(the“GEM Listing Rules”)for the purpose of giving information with regard to the Company.The Directors,having made all reasonable enquiries,confirm that to the best