On May 12, the self-media blogger "Zhou Lou Chu" published an article saying that behind the high traffic of Yu Hao, the founder of Zhuimi, there are actually thousands of companies under him waiting for support, waiting for the entry of the first angel round of funds. What Yu Hao is eyeing is not venture capital institutions, but local government industrial funds.
In this regard,Lei Ming, co-president of Zhuimi GroupPosted a video response: The entire article is spreading rumors and smearing us, just to gain attention. The success rate of Zhumi incubation projects is higher than that on the market. When establishing a fund with local governments, we will look at the comprehensive matching of new incubation projects with the local area, rather than taking local money to forcefully move industries there.
On May 12, the self-media account "Shan Yechu" published an article "Shu Ye丨Tsinghua Genius "Beng Old Man"", pointing out that Yu Hao, the CEO of Zhuimi, has made many seemingly crazy remarks recently because he has targeted local governments - the State-owned Assets Supervision and Administration Commission, which urgently needs to find owners for high-tech industrial parks, and those officials who carry investment quotas.
Screenshot from the article "Master Beast丨Tsinghua Genius "Beng Old Man"" published on May 12 by the WeChat official account of "Zhou Lou Chu"
The article pointed out that the more than 200 "business divisions" claimed by Yu Hao are actually a large number of platform companies and subsidiaries established outside the company since 2024. Many of them have nothing to do with the main business and even involveSpicy strips, milk tea, real estate agencywait.
The author believes that the target was not market-oriented venture capital institutions from the beginning, but local government industrial funds. He also cited that a number of chasing companies have successfully received investment from the governments of Jiaxing, Yibin, Liuzhou, Wuhan, Shaoxing and other places.
The article summarizes its operating logic as follows: using advertising (such as the local TV Spring Festival Gala) and seemingly non-existent tens of millions of financing to whitewash startups in order to persuade investment leaders. And using a small amount of localized capital as leverage, they promised to establish production bases in exchange for large-scale capital injections from the government, thus bringing these companies into the "trillion industry" territory.
The article compared Yu Hao to an "upgraded version of Jia Yueting" and warned that when a technical genius begins to delve into the logic of PPT rather than the technology itself, the huge "ecological anti" dream often heralds a huge risk of falling.