news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Produced by Radar Finance Hongtu | Edited by Mo Enmeng | Deep Sea

There is such a special relationship chain on the Chinese Internet today: because of the "small essay" incident, Luo Yonghao teased Yu Minhong many times in the live broadcast room. After Luo Yonghao attracted the attention of the outside world, Zheng Gang, the former investor of Smartisan Technology, also "fired" at Luo Yonghao more than once.

Recently, because he couldn't stand Luo Yonghao's intensive attacks on Yu Minhong, Zhang Xiang, who claimed to be Yu Minhong's friend for 20 years, spoke up for Yu Minhong and listed Luo Yonghao's "five sins" in a long article. Faced with this situation, Luo Yonghao, who has always been quick-tempered, threw out a long article of more than 5,000 words to fight back against the relevant "accusations", escalating the war of words again.

In this long response, Luo Yonghao said that he had not mentioned Yu Minhong for ten years before the "Little Composition" incident. Even though Yu Minhong and his company had been involved in negative events many times before, he did not come out to "make trouble". He criticized Yu Minhong many times recently because he could not stand his blatant bullying of young people and for his own youth.

At the same time, Luo Yonghao also mentioned in the article the conflicts and contradictions between New Oriental School and the training institution he founded back then. He also said that the reason why Yu Minhong was evaluated as "the most unprincipled person" was because he had "almost unlimited tolerance" for those who did not behave properly under his command and "had no basic sense of right and wrong."

However, while Luo Yonghao made many sharp comments on Yu Minhong, he also became the target of criticism. Zheng Gang, CEO of Zihui Ventures, who once participated in the investment of Smartisan Technology, has repeatedly told the outside world the truth behind Luo Yonghao's "True Return". This time, when Luo Yonghao was caught in a war of words with his old friend Yu Minhong, Zheng Gang also joined the melee...

Tianyancha data shows that Luo Yonghao has equity freeze information in Chengdu Smartisan Technology Group Co., Ltd. and has 30 Tianyan risks.

Dissatisfied with Luo Yonghao's repeated ridicule, Yu Minhong's 20-year friend came to his rescue

As a former employee of New Oriental and an off-site commentator of the Oriental Selection "Small Composition" incident, Luo Yonghao recently spoke again.

However, slightly different from previous statements of disapproval of Yu Minhong's actions, the reason why Luo Yonghao spoke passionately this time was that a person who claimed to be Yu Minhong's friend for more than 20 years strongly supported Yu Minhong on the Internet and listed Luo Yonghao's past behaviors in detail.

According to Leifeng.com, on August 5, Zhang Xiang, who claimed to be a friend of Yu Minhong for more than 20 years, listed Luo Yonghao's "five sins" in a long article. In this article, Zhang Xiang first briefly introduced the process of his acquaintance with Yu Minhong, then highly praised Yu Minhong and compared Yu Minhong with Luo Yonghao, saying that the gap between the two was too big.

Although Dong Yuhui and his colleagues have left Oriental Selection, Zhang Xiang said that Dong Yuhui and Yu Minhong still maintain frequent and in-depth communication. The two are the closest confidants and close friends, "can talk about anything" and "are like father and son."

The "five sins" of Luo Yonghao mentioned by Zhang Xiang are: a clown who lacks self-discipline, is irresponsible, outspoken, unscrupulous, and has extremely bad character; a troublemaker who repeatedly and deliberately confuses and stirs up discord between the legitimate rights and interests of enterprises and individual employees, causing chaos in the market order; a ungrateful and ungrateful villain; a person who sows discord and kills three birds with one stone; and a speculator who is uneducated and completely ignores the focus on entrepreneurship.

Facing the "bombardment" from this person who claimed to be Yu Minhong's friend for 20 years, Luo Yonghao made a brief response on August 6: "Teacher Tie (Luo Yonghao's nickname for Yu Minhong) is known as 'never saying a bad word about others'. Is it because there are always these 'friends of 20 years' who come out to help at critical moments?"

Luo Yonghao also emphasized that the article contained no facts at all and was just a bunch of rogue big-character posters that were just venting their anger. He also said that he would write a clarification draft in the afternoon "to show you what is reasonable, well-founded and restrained."

Soon, in a clarification Weibo post released on August 8, Luo Yonghao once again demonstrated his language expression ability, which has earned him praise from the outside world as a "veteran talk show host", in a 5,000-word post, and responded to many of the contents in Zhang Xiang's long article.

The love-hate relationship between Luo Yonghao and Yu Minhong has been circulating on the Internet for a long time and has been watched by countless netizens. The story of the two begins with Luo Yonghao's experience working at New Oriental. Long before he started his own business, Luo Yonghao worked as a lecturer at New Oriental.

However, Luo Yonghao's joining New Oriental was not smooth sailing. At that time, Luo Yonghao had two failed trial lectures. It was not until Yu Minhong gave him a third trial lecture that Luo Yonghao was able to successfully join New Oriental.

After that, Luo Yonghao gradually became a gold medal lecturer of New Oriental with his humorous teaching style. However, because he was not treated as he should be and some comments from the company, Luo Yonghao, who was originally planning to leave to start his own business, accelerated his departure.

When recalling his days at New Oriental, Luo Yonghao once admitted that he was indeed angry. "I was treated unfairly, and I'm not just talking nonsense. My 'former boss' mentioned many times in media interviews that he felt sorry or ashamed of the outstanding teachers in history, and mentioned Luo Yonghao by name. Anyway, there was no way to make up for it, so he just said a few nice words. If you were PUA, you might be moved, but I'm not."

Later, with the outbreak of the "small composition" incident of Oriental Selection, Luo Yonghao, who had been pent up for many years, began to frequently express his emotions in the live broadcast room about Yu Minhong's words and deeds. During this period, Luo Yonghao supported Dong Yuhui while criticizing Yu Minhong for being unfair to Dong Yuhui, and even gave Yu Minhong the nickname of "stingy".

It is worth mentioning that before Zhang Xiang’s angry attack on Luo Yonghao, Luo Yonghao’s “offensive” against Yu Minhong seemed to have been restrained.

According to Sanyan Finance, a picture circulated online said that Jiaogepengyou recently sent an urgent notice to the authorized slice account, saying that due to the recent increase in negative comments about Mr. Luo talking about Yu Minhong, in order to prevent the continued spread of bad social opinion, the group's senior management decided to require the influencer to immediately remove all such videos before 24:00 yesterday. If they are not deleted in time, the authorization will be directly revoked.

The notice also pointed out that "Teacher Tie, Iron Rooster, Yu Minhong" are not allowed. However, in the clarification article released on the 8th, Luo Yonghao once again called Yu Minhong "Teacher Tie" and explained the widely circulated video on the Internet in which he ridiculed Yu Minhong as "Iron Rooster".

Luo Yonghao said that a small number of these sliced ​​videos came from long-term cooperative institutional accounts, and most of them were forwarded by unauthorized accounts. Because these videos were continuously forwarded and spread in large quantities, many netizens misunderstood that he was still "endless", "holding on to it", and "being unreasonable" for so many days.

Radar Finance noted that although Luo Yonghao had repeatedly "fired" at Yu Minhong after the "small essay" incident, Yu Minhong rarely responded to Luo Yonghao's remarks. Zhang Xiang also stated in his long article that Yu Minhong said he would not respond to the "stingy" war of words with Luo Yonghao.

However, Yu Minhong, who is over 60 years old, has indeed realized the power of public opinion. In a previous live broadcast with Zhang Wenzhong, the founder of Wumart Group, Yu Minhong said frankly that in the past year, he had been abused, accused and insulted more on the Internet than ever before.

In an article mentioning the independence of Yuhui Tongxing not long ago, Yu Minhong also said that although there has been no obstacle in the communication between himself and Dong Yuhui so far, the complex public opinion disputes, coupled with the guidance and rumors of a few forces with ulterior motives, directly led to the rift between Dongfang Zhenxuan and Yuhui Tongxing.

Yu Minhong also expressed helplessly that he was also caught in the tide of public opinion, constantly being attacked and stigmatized, and Dong Yuhui was also subjected to many groundless accusations and harms, and this situation has been continuing. This public opinion environment has led to huge uncertainty in the development of both companies, the stock price has fluctuated violently due to external influences, and the company's credibility and reputation have dropped sharply.

Some people believe that Luo Yonghao's repeated mention of Yu Minhong may be motivated by sympathy and a desire to protect young people. In his opinion, Dong Yuhui was treated unfairly in Dongfangxuan, which reminded him of his own experience, and he also wanted to vent his anger by speaking out repeatedly.

However, some people believe that Luo Yonghao seems to be helping Dong Yuhui, but his real purpose is to get traffic. At the same time, because Jiaogepengyou and Dongfangzhenxuan are both live e-commerce platforms, there may also be commercial and competitive considerations behind them.

Luo Yonghao hit back strongly, calling Yu Minhong "the most unprincipled person"

In this clarification article of more than 5,000 words released this time, Luo Yonghao denied the remarks that he had been making against Yu Minhong for so many years, and also brought up many past events that had been forgotten and presented them to many netizens.

Luo Yonghao said that before the "Little Composition" incident, he had not publicly criticized Yu Minhong for more than ten years. The two times he spoke out were purely because he saw him blatantly bullying young people, which aroused his memory of the injustice he suffered when he was young.

In order to be rigorous, Luo Yonghao also looked through his old posts and found that he had criticized Yu Minhong in 2012, 2013, and 2014. Based on this calculation, he should not have mentioned Yu Minhong for ten years before that. The previous criticisms and satires were "because New Oriental School played rogue with the training institution I founded back then, and played rogue over and over again."

Luo Yonghao also gave a further explanation for the "hooligan" behavior, referring to the fact that New Oriental School had repeatedly infringed on and plagiarized his institution's own copyrighted promotional materials, or had maliciously disrupted his institution in the Beijing suburbs teaching area that they all rented.

In addition to the above, Luo Yonghao also explained why Yu Minhong was regarded as "the most unprincipled person". Luo Yonghao said that although he did not do anything harmful to the world, "as a person who claims to be an educator, he has almost unlimited tolerance for these naked and blatant scum and evildoers under him."

The people that Luo Yonghao mentioned who were infinitely tolerated by Yu Minhong include those who were exposed for falsifying academic qualifications, those who repeatedly told explicit dirty jokes in class, those who made up fake stories about falling in love with disabled girls to trick students into crying and giving them high grades, those who plagiarized their colleagues' lesson plans and pretended to be original, and those who were married and hooked up with young female students to make them pregnant... Luo Yonghao said that even if these people were exposed and reported, they were not fired by Yu Minhong.

In addition to the aforementioned people, Luo Yonghao also mentioned one of the protagonists in the "Little Composition" incident of Oriental Selection - Sun Dongxu. Luo Yonghao said that because Sun Dongxu can do things, Yu Minhong can tolerate him publicly humiliating and bullying the biggest contributor to Oriental Selection, and even grabbing Dong Yuhui's palm to smash coconuts.

Luo Yonghao also pointed out that after the "Little Composition" incident, although Sun Dongxu resigned from multiple titles due to public pressure, he is still the person in charge of Oriental Selection (even if not the highest person in charge). However, in order to avoid the news from angering the public, he claims that he is only responsible for the supply chain-related matters of Oriental Selection.

Regarding the statement that "Luo Yonghao was not sincere about it for Dong Yuhui, but had ulterior motives", Luo Yonghao said that he "played the bad guy" twice under pressure, and it was indeed not for Dong Yuhui, but for Dong Yuhui and others, for the young people who were PUA'd by hypocritical and cunning capitalists, for the young people who were bullied by a group of disgusting adults, and also for his younger self.

It is worth mentioning that when the "small essay" incident of Oriental Selection broke out, Luo Yonghao expressed his willingness to help Dong Yuhui and help him start his own business. This time, Luo Yonghao also revealed that he tried to contact Dong Yuhui through Feng Tang, an old colleague and old friend of New Oriental, to ask him if he needed any help, but did not get a reply from Dong Yuhui.

In Luo Yonghao's view, Dong Yuhui does not lack investment opportunities, and his company's business model most likely does not require investment, and many investment institutions are also actively seeking cooperation with him.

Luo Yonghao emphasized that he has more than just criticisms for Yu Minhong and his company. When Yu Minhong started his second business in e-commerce live streaming at the age of over 60, he publicly expressed his respect more than once in his speeches. He also publicly forwarded and praised Dong Yuhui, who was competing in the live streaming track, for his sudden popularity. Since Yu Minhong has expressed shame and reflection more than once when mentioning Luo Yonghao in interviews in recent years, he has actually already turned over this page in his heart.

As for the accusation of being "ungrateful" and "ungrateful", Luo Yonghao said that the choice between capitalists and employees is an equal two-way choice, and neither has any favor to the other. In Luo Yonghao's view, the shameless idea that companies are "grateful" to employees and employees should be "grateful" to the company owners is an evil idea that those unscrupulous capitalists have long instilled into workers through various brainwashing methods, which is the "PUA" that has been popular in recent years.

In response to the claim that "he will do bad things whenever he gets the chance", Luo Yonghao first listed a series of negative events that had happened at New Oriental over the years, and then said that apart from the bullying of young people, he had never mentioned Yu Minhong when these things happened.

Radar Finance learned that the negative incidents that Luo Yonghao mentioned that New Oriental has been involved in in recent years include New Oriental Future Study Abroad's falsification of application materials for international students, Yu Minhong's discriminatory remarks against women in public speeches, the falsification of qualifications of multiple teachers at New Oriental Online, and the false advertising of farmed shrimp and kumquats, and the trough meat incidents in which Oriental Selection has been involved.

Luo Yonghao said that because some netizens teased Yu Minhong that "there is Luo above your head", he tried to avoid suspicion and remain silent when Yu Minhong was in a negative situation. But if he saw him bullying young people again, he would stand up again to uphold justice.

Near the end of the article, Luo Yonghao also made some harsh remarks, advising Yu Minhong's fans and supporters not to provoke him again, "If you really make me mad, I will compile a book about New Oriental's 30 years of explosive materials, and Teacher Tie will have to retire."

Luo Yonghao was also "bombarded", and investor Zheng Gang kept watching him

Interestingly, in this era where everyone can speak out, Luo Yonghao's role on the Internet is not just that of a critic. Behind the continuous criticism of Yu Minhong, it is not only Zhang Xiang, who claims to be Yu Minhong's friend for 20 years, who stands on the opposite side of Luo Yonghao.

Another person who is still pursuing Luo Yonghao is Zheng Gang, CEO of Purple Glory Ventures, an investor who once supported Luo Yonghao's Smartisan Technology. On July 29, Zheng Gang posted a video on his social media account saying that Luo Yonghao was trying to smooth things over with Yu Minhong and Dong Yuhui, and once again made specious and self-contradictory comments.

Zheng Gang commented that Luo Yonghao first encouraged Dong Yuhui to start a business with bad intentions, then sabotaged Oriental Selection, and now is hypocritically worried about the risks Dong Yuhui will face in starting a business. "In fact, he is just a weasel paying a New Year's visit to a chicken. He has no good intentions."

In the video released on July 29, Zheng Gang brought up the past again. Zheng Gang said that Luo Yonghao's statement at the talk show conference in 2020 that "he paid back nearly 400 million of the 600 million debt" made people mistakenly believe that he mainly relied on the money he earned from live streaming to pay off his debts, in order to create a glorious image of himself as a failed entrepreneur who worked hard to make money and pay off his debts, and to obtain financing for new projects through this personality.

However, Zheng Gang said that the 300 million in cash out of the nearly 400 million mainly came from the assets formed by the shareholders of Smartisan Technology's investment in Smartisan Technology. "Using these assets to repay the debt actually means that Luo Yonghao sold the assets of Smartisan Technology to repay the debt. The 300 million was not earned by him."

Zheng Gang also mentioned in the video that, as far as he knows, after deducting the 300 million yuan in cash from the assets of Smartisan Technology shareholders, Luo Yonghao only returned tens of millions of yuan. His behavior of taking advantage of information asymmetry to mislead and deceive the public is consistent and continuous.

Zheng Gang further pointed out that many of the things Luo Yonghao talked about are difficult for the public to verify, or there are no channels to obtain accurate information, which makes it impossible to distinguish the authenticity of the information unless one has experienced it personally.

Radar Finance found that this is not the first time Zheng Gang has targeted Luo Yonghao. Zheng Gang has publicly called out Luo Yonghao many times before. In Zheng Gang's social media accounts, there are many videos mentioning Luo Yonghao. Now, Zheng Gang is even ready to compete with Luo Yonghao in talk shows on the Internet.

The reason why Zheng Gang kept chasing Luo Yonghao was related to his previous experience of investing in Smartisan Technology. It is understood that Zheng Gang and Luo Yonghao met through Tang Yan (co-founder, CEO and chairman of Momo Technology).

Zheng Gang has repeatedly told the public that he lent more than 10 million yuan to Luo Yonghao when Smartisan Technology was in the most difficult period, but he has not paid it back yet. Because he trusted Luo Yonghao at the time, he did not write an IOU. Based on the above situation, Zheng Gang started a long journey of denouncing Luo Yonghao and collecting debts from him for several years.

When Zhang Xiang listed Luo Yonghao's "five sins", Zheng Gang also joined in again. On August 6, Zheng Gang and Zhang Xiang had a live broadcast. During the live broadcast, Zheng Gang mentioned that Luo Yonghao said he wanted to help Dong Yuhui to uphold justice, but in fact he just wanted to sell more goods and make more money, "wanting to snatch some mothers-in-law from Dong Yuhui." Zhang Xiang also echoed that Luo Yonghao was attracting traffic by taking sides.

When it was mentioned that Luo Yonghao was going to write a response article, Zheng Gang expressed his "expectation" and also "self-deprecatingly" said that Luo Yonghao was "criticizing everything" on the Internet, while he had just started doing a "talk show", "Who is better at pretending?" Zheng Gang said that Luo Yonghao had been "pretending for decades" and had been acting all the time.

Regarding the claim that he was riding on Yu Minhong's traffic, Luo Yonghao confidently stated in the clarification article released this time that he is the first generation of Internet celebrity in China, and is also the only Internet celebrity in China who has been popular for 20 years. He is also the most influential teacher in New Oriental's 30-year history, without a doubt, and he has his own traffic physique.

Luo Yonghao's domineering words "I am the source of traffic" imply that he does not need to piggyback on anyone else's popularity. According to Luo Yonghao, he is currently busy with a new entrepreneurial project and has no publicity or public relations to do at this stage.

Internet observers pointed out that Luo Yonghao's repeated criticism of Yu Minhong and Zheng Gang's persistent pursuit of Luo Yonghao reflected the complex interpersonal relationships and conflicts of interest in the business world. As for the truth of the matter and the motives of the parties involved, time will have to slowly verify it.