bankruptcy rumors

Consumer electronics brand Roman has announced a six-month suspension of operations starting July 7, 2025. Most employees will be placed on leave, receiving their salary for the first month and 80% of the local minimum wage thereafter. This comes amidst reports of revoked employee access and prior consumer complaints about unfulfilled refunds, despite the company denying bankruptcy rumors.

Romoss denies bankruptcy rumors amidst a large-scale power bank recall. Employees at their Shenzhen headquarters report normal operations with no layoffs. The company states refunds for recalled products are being processed within 15-30 days after verification. However, reports indicate delays on Taobao due to insufficient seller deposits.