In the early morning of September 24, Zheng Gang, the founding partner of Zihui Venture Capital, once again posted on the social platform to "denounce" Luo Yonghao. "We agreed to discuss repayment matters with Lao Luo and Smartisan Technology, but we once again encountered a temporary change." Zheng Gang posted that the original plan for the meeting was to discuss Smartisan Technology and Luo Yonghao's repayment of loans many years ago, and was confirmed by the other party, but there was a temporary change of heart.
Zheng Gang said that the two vice presidents of public relations who came to discuss the matter and were friends said that they "could not get authorization and could not clearly represent who to negotiate on behalf of." They once again proposed "Luo logic" prerequisites for repayment, and said "don't let the media get involved."
The "Luo-style logic" repayment prerequisites mentioned by Zheng Gang were mentioned when he publicly "bombarded" Luo Yonghao for the first time in January, saying that Luo Yonghao's newly founded VR company was valued at US$190 million. Luo Yonghao proposed to the original Hammer Technology investors that he would use 3.5% of his shares to compensate investors who had invested 1.5 billion yuan, and at the same time give up the right to buy back.
Zheng Gang stated in this post that he had prepared the "Power of Attorney" for Zihui's two funds for this meeting, and also drafted the "Power of Attorney" in advance for representative Luo Yonghaofang, but both of them stated that they only came to communicate on their own behalf. Regarding this, Zheng Gang said, "If you have ghosts in your heart, why should you be afraid?"
Zheng Gang believes that the success of Make a Friend rests on the shoulders of Smartisan. It is only through continuous blood transfusions from multiple rounds of investors that Luo Yonghao can tell the public about "it is not easy to start a business" and complete the "True Return", "True Return", "Lone Hero", "Serial Entrepreneur" and "Idealist". These personal labels have become the traffic engine for Luo Yonghao to promote products on Douyin, Taobao and JD Live.
According to China Business News, Zheng Gang and Luo Yonghao have been "friends" for many years. They have spoken out for the Smartisan mobile platform many times, debated with Smartisan "black fans", and published articles angrily criticizing Alibaba for delaying investment and mortgaging real estate to raise funds until 2022. Luo Yonghao wanted to use the equity of the newly founded AR company Thin Red Line Technology to offset the 1.5 billion yuan investment previously accepted by Smartisan Technology. Zheng Gang was not satisfied with this arrangement, which set off a "tear" between investors and entrepreneurs. In May this year, "Make a Friend" successfully backdoored "Century Sage Scientific" and was listed on the Hong Kong Stock Exchange. From an equity perspective, Luo Yonghao does not appear on the list of shareholders of "Make a Friend Holdings".
It is worth noting that Zheng Gang said in this public "denunciation", "The essays you have been waiting for are here, and there will be more. This is the first one." Perhaps more details of the "dispute" between Zheng Gang and Luo Yonghao will emerge.