American Stock Exchange Lists the Common Stock of Ever-Glory International Group, Inc.
July 16 2008 - 11:20AM
PR Newswire (US)
NEW YORK, July 16 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the common stock of Ever-Glory International
Group, Inc. under the ticker symbol EVK. Ever-Glory International
Group, Inc. manufactures and sells apparel to well-known casual
wear, sportswear and outerwear brands and retailers in major
markets worldwide. The Company manufactures its apparel products in
China, including from its three factories located in the Nanjing
Jiangning Economic and Technological Development Zone and Shang
Fang Town in Nanjing, China. The Company has more than 1,800
employees, and it has total production capacity of 12 million
garment pieces per year. "We are pleased to welcome Ever-Glory
International Group, Inc. to the American Stock Exchange," said
Neal Wolkoff, Chairman and CEO of Amex. "We look forward to working
with Ever-Glory in providing it with the value-added services that
a company needs to increase awareness and visibility with U.S.
investors." "We are very proud to become the first Chinese apparel
manufacturer listed on Amex," said Mr. Edward Yihua Kang, Chairman
and Chief Executive Officer of Ever-Glory. "Access to the global
capital markets and a more visible public profile will help drive
our plan for sustained growth as we further expand into
international markets and increase our market share within China."
Mr. Edward Yihua Kang, Chairman and Chief Executive Officer, has
been invited to ring opening bell for the American Stock Exchange
on July 16. The specialist for Ever-Glory International Group, Inc.
is AGS. For further information on EVK and other Amex-listed
companies, please visit http://www.amex.com/. About American Stock
Exchange The American Stock Exchange(R) (Amex(R)) offers trading
across a full range of equities, options and exchange traded funds
(ETFs), including structured products and HOLDRS(SM). In addition
to its role as a national equities market, the Amex is the pioneer
of the ETF, responsible for bringing the first domestic product to
market in 1993. Leading the industry in ETF listings, the Amex
lists 406 ETFs to date. The Amex is also one of the largest options
exchanges in the U.S., trading options on broad-based and sector
indexes as well as domestic and foreign stocks. For more
information, please visit http://www.amex.com/. About Ever-Glory
International Group, Inc. Ever-Glory International Group (AMEX:EVK)
is a U.S. publicly traded company engaged in international garment
manufacturing for well-known middle- to high-grade casual,
outerwear and sportswear brands. In 2008, the company partnered
with local retailer La Chapelle to launch its own brand of ladies'
garments in China. The company's U.S. headquarters is based in Los
Angeles, California, although Ever-Glory also has several
subsidiaries in China, including Goldenway Nanjing Garments Co.
Ltd., Nanjing New-Tailun Garments Co, Ltd., Nanjing Catch-Luck
Garments Co., Ltd. and Shanghai LA GO GO Fashion Company Limited.
Ever-Glory is a supplier to well-known garment retail chains in
countries including China, Japan, Europe and the U.S. 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/. DATASOURCE: American
Stock Exchange CONTACT: Catherine Chantharaj of American Stock
Exchange, +1-212-306-1689, Web site: http://www.amex.com/
http://www.everglorygroup.com/
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