Within the span of two weeks, China’s power bank industry has been plunged into turmoil, with nearly every major manufacturer swept up in the fallout. At the center of it all is Romoss, once dubbed the nation’s power bank. The company now teeters on the brink of collapse. At around 1 a.m. on July 6, Romoss issued an official notice announcing a full suspension of operations. The company cited changing market conditions and internal business needs, stating that, following a shareholder meetin...