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Ten Months After Listing Failure, Royole Faces Delayed Salary Crisis

Ten Months After Listing Failure, Royole Faces Delayed Salary Crisis

Dec 10, 2021
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Ten Months After Listing Failure, Royole Faces Delayed Salary Crisis
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Royole
(Source: Royole)

Chinese flexible display maker Royole has delayed paying salaries to employees for months after the money-losing company ditched its initial public offering (IPO) plan in Shanghai’s Nasdaq-like STAR Market in February.

On Wednesday, a web user who claimed to be “Royole HR” left a message to the secretary of Longgang District Party Committ…

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