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Ever-Glory appoints two new Independent Directors
20
Mar '08
The Board of Directors of Ever-Glory International Group Inc a leading apparel manufacturer in the People's Republic of China announced that Mr. Bennet P. Tchaikovsky and Mr. Changyu Qi have accepted appointments as independent directors of the Company effective March 14, 2008.

Mr. Tchaikovsky and Mr. Qi replace Mr. Ning Li and Mr. Ru Qin Wei, both of whom voluntarily stepped down from the Board of Directors effective March 14, 2008.

"We are pleased to welcome these two highly qualified independent directors to our board of directors. Their solid backgrounds and depth of experience will help make significant contributions to our company and ensure we meet the high standard of corporate governance necessary to be listed on a senior U.S. exchange," said Mr. Yihua Kang, Chairman and Chief Executive Officer of Ever-Glory.

Mr. Tchaikovsky will serve as Chairman of the Board's Audit Committee. He served as Chief Financial Officer of Innovative Card Technologies from July 2004 to October 2007 and as Vice President of Finance for TJR Industries Inc from January 2003 through November 2003.

Prior to that, he was the Interim Chief Financial Officer and Chief Financial Officer of Digital Lava. Mr. Tchaikovsky is a licensed Certified Public Accountant and an inactive member of the California State Bar. He received a B.A. in Business Economics from the University of California at Santa Barbara and a J.D. from Southwestern University School of Law.

Mr. Qi will serve as a board member. He has more than 30 years of experience in international trade and has served as an independent director on the board of directors of Jiangsu Skyrun International Group since 2007.

He is currently the President of both the Jiangsu Chamber of Commerce for Import & Export Firms and the Jiangsu International Freight Forwarders Association. Mr. Qi received a B.S. in Foreign Trade and Economy from Beijing Foreign Trade University.

Ever-Glory International Group Inc

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