Royole Technology: At present, the company's operations are normal and orderly

Today Royole Technology issued a statement on its official website saying that Royole has been focusing on the R&D and industrialization of independent innovation of core technologies, has overcome many difficulties successively, and has achieved many achievements in the field of the flexible display. A world-first scientific and technological achievement. In the process of the company's innovation and development, there are also individual cases of organized and purposeful slander and slander of Royole on the Internet.

Royole Technology said that recently, some self-media articles, reprints, and comments about Royole Technology have appeared on the Internet again, which are seriously exaggerated and misleading, which affects the social reputation of the company to a certain extent. The commercial disputes involved in the article have been resolved through friendly negotiation or normal legal channels, and the company is currently operating normally and orderly. The company will continue to pay attention to the false remarks on the Internet and will safeguard the legitimate rights and interests of the company through legal channels when necessary.

The prospectus previously disclosed by Royole showed that from 2017 to 2019 and the first half of 2020, Rouyu Technology achieved operating income of 65 million yuan, 109 million yuan, 227 million yuan, and 116 million yuan respectively, totaling Revenue was 517 million yuan. During the same period, the net profit continued to suffer losses, with losses of RMB 359 million, RMB 802 million, RMB 1.073 billion, and RMB 961 million respectively, with a cumulative loss of RMB 3.195 billion in three and a half years.

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