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].