Ever-Glory Files Application for Amex Listing
* Reuters is not responsible for the content in this press release.
NANJING, China, March 31 /Xinhua-PRNewswire-FirstCall/ -- Ever-Glory
International Group, Inc. (OTC Bulletin Board: EVGY) ("Ever-Glory," the
"Company"), a leading apparel manufacturer in the People's Republic of China
("PRC"), today announced it has applied for listing approval on the American
Stock Exchange ("AMEX").
"This application is a significant milestone for our company, and we are
committed to working diligently with the American Stock Exchange to meet all
of the listing requirements," said Mr. Yihua Kang, Chairman and Chief
Executive Officer of Ever-Glory. "AMEX is a well-respected senior exchange,
and we expect this listing will increase our visibility and trading volume, as
well as bring new investors to our Company."
About Ever-Glory International Group, Inc.
Ever-Glory International Group (OTC Bulletin Board: EVGY) is a U.S.
publicly-traded company engaged in international garment manufacturing for
well-known middle- to high-grade casual, outer, and sportswear brands. The
Company's U.S. headquarters is in Los Angeles, California, although Ever-Glory
also has three subsidiaries, Goldenway Nanjing Garments Co. Ltd., Nanjing New-
Tailun Garments Co., Ltd. and Nanjing Catch-Luck Garments Co., Ltd. Ever-
Glory has strategic business partners in countries including China, Japan,
Europe and the U.S. The Company cooperates with branded retail chains that are
widely known in their respective markets. In 2007, 57% of the company's total
sales revenue came from customers in Europe, 16% from Japan, 21% from the
United States and 6% from within China. For more information about Ever-Glory
International Group, please visit: http://www.everglorygroup.com .
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995: This press release contains certain "forward-looking statements," as
defined in the United States Private Securities Litigation Reform Act of 1995,
that involve a number of risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and the actual results and
future events could differ materially from management's current expectations.
Such factors include, but are not limited to the company's ability to
accurately complete product orders, coordinate product design with its
customers, ability to expand and grow its distribution channels, political and
economic factors in the People's Republic of China, the company's ability to
find attractive acquisition candidates and/or joint venture partners, the
performance of third parties with whom the company does business, dependence
on a limited number of larger customers and other factors detailed from time
to time in the Company's filings with the United States Securities and
Exchange Commission and other regulatory authorities. The company undertakes
no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
SOURCE Ever-Glory International Group, Inc.
Ever-Glory International Group, Inc - Emily Guo, Chief Financial Officer,
+86-25-52096222, or emily@ever-glory.com; or CCG Elite Investor Relations -
Crocker Coulson, President, +1-646-213-1915 (New York), or
crocker.coulson@ccgir.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters