Royole Technology responds to bankruptcy: It has not actively filed for bankruptcy and is still in operation

[Gearbest Technology News]Recently, news about “Roylight's bankruptcy” has been rampant on the Internet. On April 1, Royole Technology officially issued a statement saying: The company has never actively filed for bankruptcy, nor has it entered bankruptcy proceedings. The company is still in operation.

In response to the many false rumors and interpretations about corporate bankruptcy that have appeared on the Internet recently, Royole issued the following statement:

1. The company has not actively applied for bankruptcy, nor has it entered bankruptcy proceedings. The company is still in operation.

2. Recent rumors originate from individuals who have resigned from the company and filed for bankruptcy review in the name of option settlement disputes.

3. The company has always attached great importance to safeguarding the legitimate rights and interests of employees. The company will actively and steadily handle relevant matters based on objective facts and in accordance with laws and regulations.

Royole said that in the 12 years since its establishment, Royole has always been working hard and working hard, constantly promoting independent innovation in science and technology, and striving to achieve new breakthroughs in the field of international cutting-edge technologies. Innovation is not easy. Although the road is long, the journey is coming. Here, we sincerely thank friends from all walks of life for their continued concern and support.

Rouyu issued a statement

At the end of December last year, Royole Technology, the manufacturer that created the world's first foldable screen mobile phone, seemed to be in trouble. Relevant media reported that at the Royole International Display Base in Longgang District, Shenzhen, about 40 or 50 Royole Technology employees gathered at the entrance of the base to go on strike to defend their rights and demand that the company pay wages. Many Royole employees participating in the strike said that Royole Technology has been in arrears with employee wages for up to a year since November 2022. The cumulative amount of unpaid wages is approximately more than 40 million yuan.

Previously, there were reports that Shenzhen Royole Technology Co., Ltd. and its subsidiaries Shenzhen Royole Display Technology Co., Ltd. and Shenzhen Royole Electronic Technology Co., Ltd. were filed for bankruptcy. The applicants were Zhang Ming, Guo Xiaotao, and Wang Jinzhou respectively.

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