According to the Qichacha APP, Smartisan Technology (Chengdu) Co., Ltd. has recently added two pieces of information on persons subject to execution, with execution targets of 7.1468 million and 14.2818 million respectively. The execution court is the People's Court of Haidian District, Beijing. It is reported that the company was established in May 2012, with Luo Yonghao as chairman and holding approximately 22.67% of the shares.

At the end of June, the second instance verdict on the "15 million loan" dispute between Luo Yonghao and Zihui Venture Capital CEO Zheng Gang came down. Zheng Gang released the full text of the verdict on his video account.

The judgment showed that the Beijing No. 1 Intermediate People's Court rejected Smartisan Technology (Chengdu) Co., Ltd.'s appeal and upheld the original verdict.

On May 18, Zheng Gang posted a video saying that he had won the lawsuit against Smartisan Technology to borrow 15 million yuan, and the court had just made the ruling.

Smartisan Technology was ordered to repay the loan of 15 million yuan, pay interest at an annual interest rate of 6%, and bear legal fees totaling approximately 127,000 yuan.

Zheng Gang said that Smartisan felt that the 6% interest rate was high. Subsequently, Smartisan Technology filed an appeal.

It is reported that the public conflict between Zheng Gang and Luo Yonghao began in January 2023. He issued an article criticizing Luo Yonghao for dragging the hammer to death and being ungrateful, and then publicly criticized him many times.

Afterwards, Luo Yonghao published a 10,000-word article detailing the whole incident.

Luo Yonghao introduced in the article that Smartisan Technology and Zheng Gang did have a loan of 15 million yuan and had not repaid it when due. The main reason was that Zheng Gang, an investor in Smartisan Technology, initiated a rogue lawsuit repurchase and "made rumors and defamation" on the Internet.