China Shenzhen Court Approves Bankruptcy Petition & Liquidation of China Flexible Screen Display Manufacturer Shenzhen Royal Technologies, Valued at $6 Billion in 2020 & Filed for United States IPO in 2020 Targeting to Raise $1 Billion

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China Shenzhen Court Approves Bankruptcy Petition & Liquidation of China Flexible Screen Display Manufacturer Shenzhen Royal Technologies, Valued at $6 Billion in 2020 & Filed for United States IPO in 2020 Targeting to Raise $1 Billion

22nd November 2024 | Hong Kong

A China Shenzhen court has approved the bankruptcy petition & liquidation of China flexible screen display manufacturer Shenzhen Royal Technologies.  In 2024 April, China flexible screen display manufacturer Shenzhen Royal Technologies is facing bankruptcy after a Shenzhen Court has accepted bankruptcy petitions.  Shenzhen Royal Technologies was valued at $6 billion in 2020, and had filed for a United States IPO in 2020 targeting to raise $1 billion.  Profile – Shenzhen Royal Display Technology Co., Ltd (HUANGJIA) is a leading LED manufacturer located in Shenzhen, China, dedicated for full color outdoor module and display production for over 10 years. It was established in September 2011. It is a comprehensive photoelectric emerging enterprise integrating LED indoor and outdoor full-color display design, research and development, production, sales and engineering services.

“ China Shenzhen Court Approves Bankruptcy Petition & Liquidation of China Flexible Screen Display Manufacturer Shenzhen Royal Technologies, Valued at $6 Billion in 2020 & Filed for United States IPO in 2020 Targeting to Raise $1 Billion “

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China Flexible Screen Display Manufacturer Shenzhen Royale Technologies Faces Bankruptcy after Shenzhen Court Accepted Bankruptcy Petitions, Valued at $6 Billion in 2020 & Filed for United States IPO in 2020 Targeting to Raise $1 Billion

6th April 2024 – China flexible screen display manufacturer Shenzhen Royale Technologies is facing bankruptcy after a Shenzhen Court has accepted bankruptcy petitions.  Shenzhen Royale Technologies was valued at $6 billion in 2020, and had filed for a United States IPO in 2020 targeting to raise $1 billion.  Shenzhen Royal Display Technology Co., Ltd (HUANGJIA) is a leading LED manufacturer located in Shenzhen, China, dedicated for full color outdoor module and display production for over 10 years. It was established in September 2011. It is a comprehensive photoelectric emerging enterprise integrating LED indoor and outdoor full-color display design, research and development, production, sales and engineering services.

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