Summary of EVER-GLORY INTERNATIONAL GROUP, INC.

Item 7.01 Regulation FD Disclosure

The third quarter 2008 earnings release of Ever-Glory International Group, Inc. (the "Company," "Ever-Glory") (AMEX: EVK) is attached as Exhibit 99.1 of this current report on Form 8-K. The information in this Current Report, including the press release attached hereto as Exhibit 99.1, is being furnished pursuant to Item 7.01 and shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in the Current Report shall not be incorporated by reference into any registration statement pursuant to the Securities Act of 1933, as amended.

The Company plans to discuss its third quarter 2008 financial results at 8:30
a.m. Eastern Time on Friday, November 7, 2008, in a publicly-accessible conference call with senior management. The conference call will also be broadcast live over the Internet and can be accessed at the Company's web site at the following URL: http://www.everglorygroup.com. A replay of the call will be made available from November 7, 2008 through November 14, 2008 by calling #1-719-457-0820; pin number: 4144283. A webcast of the call will also be available on the Company's web site at the following URL:
http://www.everglorygroup.com.

The earnings release contains non-GAAP financial measures. For purposes of Regulation G, a non-GAAP financial measure is a numerical measure of a registrant's historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of income, balance sheet or statement of cash flows (or equivalent statements) of the issuer; or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. In this regard, GAAP refers to generally accepted accounting principles in the United States. Pursuant to the requirements of Regulation G, the Company has provided reconciliations within the earnings release of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

The Company's management believes that the use of adjusted net income as a non-GAAP financial measure is useful to investors because it excludes certain non-cash charges that Ever-Glory's management normally excludes when it internally evaluates the performance of Ever-Glory's business and makes operating decisions, including internal budgeting, and measurement of operational performance. Furthermore, management's use of this non-GAAP measure provides a consistent method of comparison to historical periods. Moreover, management believes this non-GAAP measure reflects the essential underlying operating activities of the Company. Accordingly, management excludes the expense arising from the unamortized issuance costs and discounts on securities such as its August 2007 convertible notes when making operational decisions.

The Company believes that providing the non-GAAP measures that management uses to its investors is useful for a number of reasons. The non-GAAP measures provide a consistent basis for investors to understand Ever-Glory's financial performance in comparison to historical periods. In addition, it allows investors to evaluate Ever-Glory's financial performance using the same methodology and information as that used by Ever-Glory's management. Non-GAAP measures are subject to inherent limitations because they may not include all of the expenses included under GAAP and because they involve the exercise of judgment of which charges are excluded from the non-GAAP financial measure. However, Ever-Glory's management compensates for these limitations by providing the relevant disclosure of the items excluded. Readers are cautioned, however, that adjusted net income as shown should not be relied upon as a substitute for GAAP net income, as an indicator of financial performance.