Item 8.01. Other Events





On July 30, 2021, the board of directors (the "Board") of Ever-Glory
International Group, Inc. (the "Company") authorized a plan (the "2021
Repurchase Plan") to repurchase up to $5 million of its common stock, par value
$0.001 per share (the "Common Stock"), from time to time until December 31, 2021
through various means, including open market transactions and privately
negotiated transactions in accordance with applicable securities laws and
regulations. Open market repurchases will be made in compliance with Rule 10b-18
under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and
may be effected pursuant to Rule 10b5-1 under the Exchange Act. The manner,
timing and amount of any stock repurchases will be determined by the Company's
management in its discretion based on its evaluation of various factors,
including the trading price of the Company's common stock, market and economic
conditions, regulatory requirements and other corporate considerations. The
repurchase program may be suspended or discontinued at any time.



Entering into the agreement with a single broker that satisfies Rule 10b5-1 of
the Exchange Act allows the Company to repurchase its shares at times when it
might otherwise be prevented from doing so due to self-imposed trading blackout
periods or pursuant to insider trading laws. The Company's third-party broker,
subject to Securities and Exchange Commission regulations regarding certain
price, market, volume and timing constraints, would have authority to purchase
the Company's common stock in accordance with the terms of the Repurchase Plan.



The Company cannot predict when or if it will repurchase any shares of common
stock pursuant to the 2021 Repurchase Plan as such repurchases will depend on a
number of factors, including constraints specified in agreement with the broker
pursuant to Rule 10b5-1 of the Exchange Act, price, general business and market
conditions. Information regarding share repurchases will be available in the
Company's periodic reports on Form 10-Q and 10-K filed with the Securities and
Exchange Commission as required by the applicable rules of the Exchange Act.



This report contains forward-looking information, as that term is defined under
the Exchange Act, including information regarding purchases by the Company of
its common stock pursuant to the 2021 Repurchase Plan. By their nature,
forward-looking information and statements are subject to risks, uncertainties,
and contingencies, including changes in price and volume and the volatility of
the Company's common stock; constraints specified in the Rule 10b5-1 Plan, the
Company's general business and market conditions, and such other factors as
discussed throughout Part I, Item 1 "Business"; Part I, Item 1A "Risk Factors";
and Part II, Item 7 "Management's Discussion and Analysis of Financial Condition
and Results of Operations" of our Annual Report on Form 10-K for the year ended
December 31, 2020 and that are described from time to time in our filings with
the SEC. The Company does not undertake to update any forward-looking statements
or information, including those contained in this report.

Item 9.01. Financial Statements and Exhibits





d) Exhibits



No.    Description

99.1     Press Release dated August 1, 2021, titled "Ever-Glory Announces Share Repurchase Program"     Filed Herewith




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