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luo yonghao has been on the hot search list recently, not because of his new products, but because of his war of words with investor zheng gang.

zheng gang, partner of zihui venture capital and investor of smartisan technology, posted multiple updates on weibo, responding to recent public controversies and blasting luo yonghao.

on september 5, zheng gang posted on weibo that as an early investor in smartisan technology, he lent 15 million yuan to luo yonghao in two installments when smartisan technology was in the most difficult time and could not pay wages and luo yonghao had suicidal thoughts. the loan agreement was signed three years after the loan. zheng gang also said that he also mortgaged his house to borrow 20 million yuan from the bank to luo yonghao, but luo yonghao denied the facts and turned the tables. regarding the loan issue, luo yonghao clarified that the two loans totaling 15 million yuan from zihui venture capital actually occurred in 2016 and 2017, not when smartisan technology was in crisis in 2018. he also mentioned that there were agreement records for both loans, and the electronic version has been found, and the financial staff is being arranged to find the originals.

on september 9, luo yonghao posted another long article on the social platform to respond to the "seven major questions" raised by zheng gang.

regarding zheng gang's mention of luo yonghao "misusing startup funds" to rent a private jet to poach talents, luo yonghao said that the money for renting the plane was actually paid out of his own pocket and did not use company funds.

it is worth noting that in response to investor zheng gang's questioning that nearly 1 billion yuan of round d financing was spent within a year, luo yonghao responded: "in the last round of round d of smartisan technology, there was no 1 billion yuan in financing. in the end, only 600 million yuan was received (300 million yuan in investment and 300 million yuan in loans). 400 million yuan of investment did not actually take place." he also said: "as an old shareholder of smartisan technology, zheng gang's fund has personally read and signed every round of financing agreement. now he suddenly pretends to be crazy and asks where the 1 billion yuan has gone? could it be that zheng gang's amnesia has reached the point where he needs to act like a hooligan, so he has an attack on demand?"

luo yonghao also explained the relationship between make friends and smartisan technology, emphasizing that make friends was established independently of smartisan technology and has nothing to do with smartisan technology's shareholders. finally, luo yonghao refuted zheng gang's question about the possible illegality of the legal person change, insisting that his actions were legal and had been approved by the board of directors.

just in august of this year, luo yonghao changed the name of his social platform to "luo yonghao niu hulu". at the same time, luo yonghao revealed in his interaction with netizens that he would "return to the social media world, open accounts on a total of nine platforms, and go full throttle...do good things that benefit the country, the people and himself."

public information shows that luo yonghao was born in jilin in 1972. he founded lao luo field training school, niubo.com, and smartisan technology. when he took office at smartisan technology, the "nut phone" and "smartisan phone" he released were once loved and praised by young people.

after leaving smartisan technology, luo yonghao chose to enter the field of live streaming e-commerce in 2020. his first live streaming e-commerce show achieved a total live payment transaction amount of over 110 million yuan and a cumulative number of viewers exceeding 48 million. he was called the "no. 1 live streamer" by netizens.

in june 2022, luo yonghao announced on social media that he would start his own business again, quit all social platforms, and renamed his live broadcast room "make friends". but he said he would still participate in the live broadcast as a host.

source: social media of the parties involved

previously, luo yonghao was on the social media hot search list again due to the dispute with new oriental founder yu minhong. in his response, luo yonghao emphasized that he was the first generation of internet celebrities in china and did not need to piggyback on traffic, and cited data to prove that he had his own traffic. he also pointed out that because he was busy starting a business, he had not spoken much for about two years except for refuting rumors and occasionally forwarding.

(qilu evening news·qilu one point client editor zhang baofan compiled luo yonghao’s toutiao account, poster news, etc.)

(source: dazhong daily·qilu one point)

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