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phoenix technology news (author/han tianshu) on september 4, aiqicha app showed that recently,royole technology, the flexible display unicorn company that once claimed to build a "flexible planet", is being declared bankrupt by its employees.in the recent live broadcast of the 2024 us open, someone spotted liu zihong, founder and ceo of royole technology, in the stands. at the same time, several former employees of royole technology confirmed to reporters that the man in gray in the live broadcast was indeed liu zihong.

image source: aiqicha

in april 2024, a hearing was held at the shenzhen intermediate people's court for the bankruptcy review of royole technology. at that time, royole technology's debt exceeded 4.7 billion yuan.the unpaid wages and salaries alone exceeded 60 million yuan, plus the options previously promised, the total unpaid wages amounted to 160 million yuan.

image source: aiqicha

according to the aiqicha app, shenzhen royole technology co., ltd. was established in 2012. its chairman and legal representative is liu zihong, and its registered capital is 360 million yuan.currently, liu zihong is still the company's largest shareholder, holding 38.61% of the shares. the second largest shareholder is citic capital (shenzhen) asset management co., ltd., holding 6.05%.

the risk information shows that in may 2024, the company was the respondent in a new bankruptcy case, and the applicant was zhang;in june 2024, the company was fined 50,000 yuan by the longgang district human resources bureau of shenzhen for withholding wages.in addition, the company currently has more than 10 pieces of information on persons subject to execution and more than 20 orders restricting high consumption.

image source: aiqicha