<SUBMISSION>
<ACCESSION-NUMBER>0001050502-02-000245
<TYPE>NT 10-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20011231
<FILING-DATE>20020401
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>GLAS-AIRE INDUSTRIES GROUP LTD
<CIK>0000911441
<ASSIGNED-SIC>3711
<IRS-NUMBER>841214736
<STATE-OF-INCORPORATION>NV
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>NT 10-K
<ACT>34
<FILE-NUMBER>001-14244
<FILM-NUMBER>02596696
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>3137 GRANDVIEW HIGHWAY
<CITY>VANCOUVER BC CANAD
<STATE>A6
<PHONE>6044358801
</BUSINESS-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>NT 10-K
<SEQUENCE>1
<FILENAME>nt10kglasaire.txt
<DESCRIPTION>NT 10-K
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                          NOTIFICATION OF LATE FILING            SEC FILE NUMBER
                                                                     0-23779

                                                                  CUSIP NUMBER
                                                                   376796 10 8

(Check One): [X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR


     For Period Ended: December 31, 2001


     [   ] Transition Report on Form 10-K
     [   ] Transition Report on Form 20-F
     [   ] Transition Report on Form 11-K
     [   ] Transition Report on Form 10-Q
     [   ] Transition Report on Form N-SAR

     For the Transition Period Ended:  Not Applicable.

--------------------------------------------------------------------------------
Nothing in this Form shall be construed to imply that the Commission has
verified any information contained herein.
--------------------------------------------------------------------------------

If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates: Not Applicable


PART I--REGISTRANT INFORMATION


Glas-Aire Industries Group Ltd.
--------------------------------------------------------------------------------
Full Name of Registrant


--------------------------------------------------------------------------------
Former Name if Applicable

3137 Grandview Highway
--------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)

Vancouver, B.C. V5M 2E9 Canada
--------------------------------------------------------------------------------
City, State and Zip Code

<PAGE>


PART II--RULES 12b-25 (b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

     (a)  The reasons described in reasonable detail in Part III of this form
          could not be eliminated without unreasonable effort or expense;

/X/  (b)  The subject annual report, semi-annual report, transition report on
          Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be
          filed on or before the fifteenth calendar day following the prescribed
          due date; or the subject quarterly report or transition report on Form
          10-Q, or portion thereof will be filed on or before the fifth calendar
          day following the prescribed due date; and

     (c)  The accountant's statement or other exhibit required by Rule 12b-25(c)
          has been attached if applicable.

PART III--NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed period.

     The registrant is unable to file its Form 10-KSB for the period ended
December 31, 2001 within the prescribed period because of delays in receiving
the required financial statements from the auditors for Wonder Tool, Inc., which
was acquired on December 21, 2001.

PART IV--OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
     notification

     Linda Kwan                   (604)           435-2380
     ---------------------------------------------------------------------------
     (Name)                    (Area Code)   (Telephone Number)

(2)  Have all other periodic reports required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter period that the
     registrant was required to file such report(s) been filed? If the answer is
     no, identify report(s).
                                                                  [ ] Yes [ ] No
     ---------------------------------------------------------------------------

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding period for the last fiscal year will be reflected by the
     earnings statements to be included in the subject report or portion
     thereof?
                                                                  [X] Yes [ ] No


     If so, attach an explanation of the anticipated change, both narratively
     and quantitatively, and, if appropriate, state the reasons why a reasonable
     estimate of the results cannot be made.

     It is anticipated that the registrant's income from operations for the
fiscal year ended December 31, 2001 will be approximately 37.5% lower than for
the eleven month period ended December 31, 2000, primarily as a result of
increased costs, some of which will be nonrecurring.

--------------------------------------------------------------------------------

<PAGE>


                         GLAS-AIRE INDUSTRIES GROUP LTD.
                         -------------------------------
                  (Name of Registrant as Specified in Charter)


has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.



Date:  March 29, 2002                          By: /s/ Craig Grossman
---------------------                          ----------------------
                                               Craig Grossman, President



INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.



</TEXT>
</DOCUMENT>
</SUBMISSION>
