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in a recent public occasion, luo yonghao responded to a 2,000-word article published by zheng gang of zihui ventures. in the article, zheng gang claimed that he had lent money to smartisan technology twice, and explained that this was the time when the loan agreement between the two parties existed. however, luo yonghao clarified this, pointing out that smartisan technology's mobile phone business was unsustainable and encountered difficulties in 2018, not 2016 and 2017. in addition, the electronic version of the loan agreement for zheng gang's two loans has been found, and luo yonghao said that he has asked his financial colleagues to go to the database to find the original.
luo yonghao explained that when smartisan technology was short of production funds, it had an operating loan with a beijing bank, and the bank required asset collateral. he revealed that an old friend of his helped to provide three houses as collateral, and zheng gang also provided a house as collateral. through these four houses, smartisan technology obtained a total of 49 million operating loans. however, these loans had been repaid to the bank long before smartisan technology's incident, and the last loan repayment date was february 6, 2018, and the mortgages of the four houses had been cancelled long ago.
luo yonghao pointed out that zheng gang confused the facts and described the 15 million yuan lent by zihui to hammer as money borrowed by mortgaging a house, causing the public to believe that luo yonghao personally defaulted on his debt. he also emphasized that the money was originally the result of debt-to-equity swaps agreed by both parties.
when facing zheng gang's claim that he "mortgaged his house to borrow money", luo yonghao stressed that he had helped smartisan technology tremendously, and no matter how serious the dispute with zheng gang was, he was still grateful for his help. he said that in view of zheng gang's attitude towards him, his money would be used to pay off his debts in the final installment.
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the debate between luo yonghao and zheng gang has sparked people's concerns about "search engine rankingsthis is not only a dispute about personal relationships, but also a war about network information acquisition and market competition.
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