Core Viewpoint - The recent explosion incidents involving power banks have led to a ban by the Civil Aviation Administration of China on power banks without 3C certification, causing significant turmoil in the industry. One of the affected brands, Romoss, announced a suspension of operations, which has raised concerns among employees and uncertainty regarding the ongoing power bank recall process [1][12]. Company Summary - Romoss announced a suspension of operations effective from July 7, 2025, for a duration of six months, citing changes in market conditions and business needs. Employees will receive full wages for the first month of suspension, followed by 80% of the local minimum wage thereafter [1][12]. - Employees expressed confusion and concern over the legality of the unilateral suspension announcement, questioning whether proper procedures were followed, as there was no prior consultation or notification [3][10]. - The company had previously engaged employees in customer service roles to assist with the recall process, but communication from leadership has been lacking, leading to feelings of being kept in the dark [10][12]. Industry Summary - The power bank recall crisis has been attributed to safety risks associated with certain battery materials, prompting a broader industry response. Other companies, such as Anker Innovations, have been proactive in testing and confirming material changes in their products to ensure safety [13][15]. - Companies like Anfu Technology have expressed optimism about gaining market share due to the new regulations, emphasizing their commitment to product quality and innovation in the mobile power sector [16][17].

Core Viewpoint - The company Romoss Technology has faced significant operational challenges due to a product recall related to safety issues with its power banks, leading to rumors of its closure, which the company has publicly denied [1][6]. Group 1: Company Status - Romoss Technology confirmed on July 3 that it has not gone bankrupt and is working to resolve issues for customers and partners [1]. - Employees reported that since July 1, the company has notified staff of a complete halt in operations, with salaries only paid up to June [1]. - As of 2024, Romoss has 474 employees registered for social insurance [2]. Group 2: Product Recall and Safety Issues - The recall was initiated after reports emerged in early June about the potential for Romoss power banks to overheat and pose a fire risk, particularly a model with a 20,000mAh capacity [3][6]. - On June 16, the Shenzhen Market Supervision Administration announced that Romoss would recall approximately 491,700 units of three models manufactured between June 5, 2023, and July 31, 2024, due to safety concerns [6]. - The recall was prompted by issues with raw materials used in battery cells, which could lead to overheating and combustion risks under extreme conditions [6]. Group 3: Regulatory Actions - Following the safety concerns, the Civil Aviation Administration of China issued a notice on June 28 prohibiting passengers from carrying power banks without a 3C certification or those that are subject to recall on domestic flights [7].