
Luo Yonghao fought five “verbal battles” in sixteen days.
Author | Jia Zicong
Editor | Gao Yan
Source | Yema Finance
When Luo Yonghao targeted Yu Minhong, he was also reported by his former investor Zheng Gang for tax evasion.
And at the same time,He is also “dealing with” Mr. Savage, former partners Huang Bin, Xi Bei, Weibo V@李记… Luo Yonghao, who has made enemies everywhere, has also become a “target” and is experiencing “backlash”.
On the evening of September 27, a Weibo post with an IP address located in Seoul, South Korea was posted. Luo Yonghao was an investor in the Smartisan Technology Era – Zheng Gang, the founding partner of Zihui Venture Capital, reported Luo Yonghao in real name and made friends.“It is said that someone registered dozens of shell money laundering companies in the names of Jinwei, Li Jun, Luo Yongxiu, and Huang He, and canceled dozens of limited money laundering partnerships. There was significant tax evasion.”

He also initiated another thing,The entire network is recruiting top law firms and accounting accounting firms to deal with Smartisan’s fifteen-year bad debts, promising to pay 10% to 20% of the recovered amount, with a maximum of 30%, involving a subject matter of approximately 300 million yuan. He left a message, even if you are deregistered now, you can be brought back to life to see how much tax you owe and how much debt you have made in these limited partnerships.It also announced that the list of companies would be listed one by one the next day.
Luo Yonghao’s response was almost simultaneous. He saidThis is a false accusation. Screenshots have been taken to record the evidence. I remind you that “too many hooligans on the Internet have no idea that false accusations are crimes.”, and in turn forwarded the post on behalf of the other party, saying that this content had been forwarded more than 250 times, and it was still less than 240 times, which was enough to establish a case. In the early morning of September 28, he once again posted a post to completely turn the blame on others, saying that Zheng Gang, who was suspected of leaving the country illegally, posted a post in South Korea falsely accusing himself of tax evasion and became a hot search topic.After filing this case, there is a high probability that Zheng Gang will be sentenced.

However, technology blogger @熊哥AIcounterattack notes commented, “Isn’t the reason why Zheng Gang fell from a well-known investor to a laity because he invested in the Smartisan Technology project and mortgaged his house and lent money to Luo Yonghao?” He also mentioned:“There can be 10,000 people in this world laughing at Zheng Gang, like me, but Luo Yonghao should not laugh at him as a sleazebag.”

01
Luo Yonghao “makes enemies everywhere”
Just when Luo Yonghao encountered Zheng Gang’s real-name report, Luo Yonghao was busy targeting his former boss Yu Minhong.
In mid-September, some consumers released a dismantling video, reflectingThe interior of the universal roller stool bought at Make a Friend live broadcast room is filled with moldy wooden boards, waste sponges and construction waste., emitted a peculiar smell for a long time, and the supplier subsequently called many times to request the video to be deleted, saying that this was a routine operation in the industry. Xiamen Guantang International Trading Co., Ltd., the registration entity of the store involved, was established in August 2026.
On September 25, Make a Friend apologized and announced that it would be removed from the shelves, with refunds and no returns.Luo Yonghao admitted as chief supervisor that this was a serious quality management accident.
On September 27, Luo Yonghao posted on Weibo that the Make a Friend live broadcast studio sold two to three million low-quality sliding stools. After discovering the situation, he publicly apologized and initiated a full refund without returns;“Yu Minhong also accidentally sold the same low-quality sliding stool for 10 million yuan, and he is the largest seller on the Internet. As a result, he has not admitted his mistake, apologized, or refunded the full amount.”, and then posted many pieces of content in succession, drawing the blame for selling low-quality sliding stools in the “Make a Friend” live broadcast room to Yu Minhong and Dongfang Selection.
On September 28, he tracked down Yu Minhong’s “Yu You Walking Together” video, and the highest praise in the comment area was left to him, “The third day of pretending to be deaf after the incident of inferior sliding stools broke out.”On the same day, he also asked where the confidence of these rogue companies and entrepreneurs who pretended to be deaf and dumb came from.
As of press time, Oriental Selection has not responded, and the product link cannot be retrieved on the platform.
Yu Minhong’s refusal to accept the move is traditional. The two people tied the knot in December 2000. Luo Yonghao, 28, wrote a cover letter to Yu Minhong, the principal of Beijing New Oriental School. He dropped out of high school, ran a street vendor, and worked in futures. The only thing he could achieve was a high TOEFL score. Yu Minhong gave him three trial lectures, and he barely passed the third time. He resigned in June 2006.
According to his own words, the real reason is one sentence. He later heard that someone in the management wanted to fire him, but Yu Minhong refused because he could bring tens of millions in free advertising to the company every year.Luo Yonghao’s original words were, “I thought he was earning money for free.” He thought his boss kept him because he recognized his class.
After leaving, Luo Yonghao first set up Niubo.com, then did English training and competed for jobs with New Oriental, and then Smartisan Mobile. It closed down in 2019 and started live broadcasting to pay off debts in 2020. In the essay incident at the end of 2023, he publicly called Yu Minhong “Iron Rooster” for the first time.He calls Oriental Selection a phenomenal company that most bullies young people, and “Teacher Iron” is also his nickname.He himself explained, “I have been popular for 20 years, and I have no traffic with anyone.”
Yu Minhong never picked up the move, but Luo Yonghao’s “opponents” were still increasing.Previously, late at night on September 12, Huang Bin, the co-founder and CEO of Lao Luo English Training, posted a long article named and criticized, he said that Luo Yonghao had been bragging all his life, and it was quite pitiful that he even believed it. He also dug up old accounts. When Lao Luo Yingying was on the verge of bankruptcy, he took over the unexpired classroom to help the other party stop losses, while Luo Yonghao also claimed outside that the company had made a profit.
Luo Yonghao’s response was surprising. He said that this Huang Bin was not the same person as Huang Bin from Niubo.com, but he had the same name. He then added that it was wrong for me to curse people like that back then. Now that he has cursed me a few times, he will be reincarnated.
Yu Minhong turned a blind eye to Luo Yonghao’s repeated “provocations” and was often compared to Xibei Chairman Jia Guolong, who was “easy-going”.
On September 19, the famous Weibo V @李记 broke the news that Xibei may go bankrupt within two or three months. It also said that Xibei has sued Luo Yonghao and the court is about to begin.Although Xibei customer service said everything was normal at the company, information about layoffs, store closures and poor financial conditions made this revelation credible.
A year ago, Luo Yonghao said that almost all the dishes were prepared and still so expensive, pushing Xibei into the most serious public opinion crisis since its establishment., Jia Guolong chose to be tough and open up the kitchen, but the results were not satisfactory. Jia Guolong regretted it and disclosed at the beginning of this year that he had lost more than 600 million yuan from September 2025 to March 2026. By September this year, he had approximately 226 operating stores, which was a decrease of nearly 40% from the high point in 2024.
What’s interesting is the control group. On September 12 this year, after trying Mr. Savage’s ice cream at the airport, Luo Yonghao posted a message saying that it was very average and felt much more unpalatable than Zhong Xuegao. He also added a sentence: “Please don’t mess with me.” This time, lines from “The Three-Body Problem” were all written in the comment area. Don’t answer.Mr. Savage also did not start a direct battle for several days.
On September 18, People’s Daily published a critical commentary“Criticism is a right, beware of becoming “traffic power””. The article writes that for a public figure with tens of millions of fans, a subjective taste evaluation can have a huge impact on a brand after being spread and amplified; posting a Weibo with the disclaimer “Please don’t mess with me” has an effect that goes beyond consumer evaluation and is closer to a trial of public opinion. At the end of the article, it is written that criticism can be sharp, but the power of traffic must be used with caution. Traffic should be a constructive force for market improvement, not a hammer that can easily crush a brand.
As of September 28, Jiaoge Friend Holdings (1450.HK) closed at HK$0.61 per share, a decrease of 10.29%, with a total market value of HK$857 million; Oriental Selection (1797.HK) closed at HK$25.2 per share, a decrease of 0.47%, with a total market value of HK$26.558 billion.
02
Old friends become “rivals”
Luo Yonghao and Zheng Gang, who are now fighting each other on the Internet, were originally close business partners.
Zheng Gang and his Zihui Venture Capital were early investors in Luo Yonghao’s entrepreneurial journey. Zihui Venture Capital bet on Smartisan Technology that year.Zheng Gang originally defended Luo Yonghao very much, and even went so far as to offend Ali for him. For Zheng Gang, who is in the investment circle, the price cannot be calculated in terms of money. The root of the disagreement between the two was the equity repurchase agreement that had been delayed for many years after the collapse of Smartisan Technology. The subject matter of this dispute involved Zihui Venture Capital of approximately 300 million yuan. The Chenghua District Court in Chengdu has ruled that Smartisan Technology should disclose its account books. From “dreaming together” to “litigation”, this line has been walking for seven years. The real-name report on the evening of September 27 was the flash point of the conflict.
In the original text of the report, Zheng Gang named four “keywords”:Jin Wei, Li Jun, Luo Yongxiu, Huang He. These few people just connect the core circle of the Make a Friend system – Li Jun is the chairman of the board of directors of Make a Friend Holdings, holding about 23.03% of the shares.Li Jun was also the second largest shareholder in the early days of Chengdu Star Ambition, and was also called the “boss” by Luo Yonghao many times in public.; Huang He is the early co-founder of Make a Friend; Luo Yongxiu is Luo Yonghao’s brother and once indirectly held the equity of Chengdu Star Ambition through an agency holding structure;“Jinwei” refers to Hangzhou Jinwei Supply Chain, which is the “only designated supply chain” of Jiaogeyou Holdings and the largest service provider in the Douyin ecosystem. The legal representative and actual controller is Li Jun.
Zheng Gang was talking about “dozens of shell companies” and “dozens of limited partnerships” and announced that he would list them one by one on September 28. That morning,”“Luo Yonghao was reported by his real name for tax evasion” became a hot search on Weibo, but the complete list in the promise has not been made public as of press time.
Zheng Gang’s situation at this moment is equally delicate. According to the information disclosed by Luo Yonghao,He has 13 consumption restriction orders from the courts, plus one person being executed for breach of trust, and he is also restricted from leaving the country., these provided part of the basis for Luo Yonghao’s doubts, but the exit route still remains at the level of mutual accusations, and there is no official conclusion yet.
Luo Yonghao also revealed that he was ready to report the other party’s suspected illegal departure to the relevant South Korean agencies, and refuted an exculpatory theory circulated on the Internet. Some people said that Zheng Gang might have traveled on a friend’s private jet and was therefore not subject to the court’s consumption restriction order. His response was, “This is a completely legally illiterate statement. Are you taking the court’s restriction order as a joke?”
Real-name reporting never equals fact-finding. To judge the authenticity and weight of this report, you must first find evidence while bypassing grudges.
03
The truth about tax evasion?
Make a Friend Holdings is a Hong Kong-listed company, formerly known as Century Sage Scientific, which will be listed in July 2023.. According to the connected transaction framework of the Hong Kong Listing Rules, supply chain transactions between listed companies and companies controlled by the chairman are inherently subject to disclosure and even independent shareholder approval, and there should be a corresponding chapter in the annual report. However, Zheng Gang’s report did not follow the lines of “undisclosed related-party transactions” or “unfair pricing to convey benefits.” The wording he used was “empty shells to avoid taxes,” pointing to tax violations rather than information disclosure violations.
換言之,Even though there is an in-depth business tie between Jiu Duo Friend and Hangzhou Jinwei, the reporting party did not provide any empirical materials proving that “the transaction price was unfair” and “the funds eventually returned to a specific individual”, such as abnormal intermediary price increases, transfer contracts without physical transfer, or corresponding bank statements.The financial report shows that in 2025, JiaogeFriend Holdings will achieve a consolidated total revenue of approximately 1.548 billion yuan, a net profit of approximately 88 million yuan, and a net cash inflow from operating activities of 358 million yuan. The audit report was not prompted to retain matters due to tax issues.
Tianyan Check shows that Luo Yonghao is associated with more than 30 companies, more than 20 of which have been cancelled, and his equity holdings of more than 100 million yuan have been frozen.
Neither set of numbers can directly correspond to the person to whom the report letter refers. Most of the more than 20 canceled companies under Luo Yonghao’s name belong to the Smartisan Technology system, which is not the same thing as the limited partnership that engages in live streaming business. There is still no public list for verification of the “dozens of canceled partnerships” mentioned by Zheng Gang.
There are indeed several verifiable companies.Hangzhou Xixi Information Technology Co., Ltd., which Xingkong Yewang once held 30% of the shares, was established in February 2019 and has been cancelled. Beijing Make a Friend Digital Technology, once known as the main operating entity of Make a Friend, has not been cancelled. It was sold as a whole to a listed company in May 2023., the legal representative was changed from Huang He to Zhao Huili, which is a change of ownership of the assets rather than the disappearance of the subject.
What’s really worth noting is the state of Star Ambition itself. This company is still in existence with a registered capital of only 1.877631 million yuan. The shareholder column is currently Huang He holding 68.171% of the shares. There are also three limited partnerships including Tianjin Meiwei Technology Partnership and Chengdu Yizhi Innovation Enterprise Management Partnership. On July 21, 2023, it was included in the list of abnormal operations by the Chenghua District Market Supervision and Administration Bureau of Chengdu City because it could not be contacted through its registered residence or business premises; the 2024 annual report showed that the number of social security payers was 0.
However, the insurance coverage and operating status cannot be directly equated. As for how many companies have been cancelled? How many accounts have been taken away? It remains to be verified by the relevant departments, rather than a word from Zheng Gang, the whistleblower who is already fighting to the death.
The original text of Zheng Gang’s real-name report also mentioned “shell money laundering companies” and “money laundering partnerships.” However, according to Article 191 of the Criminal Law of the People’s Republic of China, the predicate crimes of money laundering are clearly limited to seven categories, namely drug crimes, organized crimes of a mafia nature, terrorist crimes, smuggling crimes, corruption and bribery crimes, crimes of disrupting financial management order, and financial fraud crimes.Tax evasion is not among them. But at the moment, paying taxes in accordance with the law is obviously the right thing to do. It remains to be seen whether the company under Luo Yonghao’s name can withstand the scrutiny of the outside world.
Tang Lei, a lawyer at Jiangsu Aisin Law Firm, told the media,If the enterprise has been deregistered, the tax authorities can still recover taxes, late fees, and fines from responsible entities such as liquidation obligors, actual controllers, and shareholders.. He also cited Article 65 of the Tax Collection and Administration Law. If a taxpayer defaults on paying taxes and adopts means of transferring or concealing property to prevent the tax authorities from recovering the overdue taxes, the tax authorities shall recover the overdue taxes and late payment fees, and impose a fine of not less than 50% but not more than five times the amount of the overdue taxes. If a crime is constituted, criminal liability shall be pursued in accordance with the law. He pointed out that the crime of tax evasion is a unit crime, and a double penalty system is implemented. The unit is fined, and the directly responsible supervisor and other directly responsible personnel also need to bear criminal responsibility. If the relevant company is found to have evaded tax, Luo Yonghao, as the actual controller, may also face prosecution.
On the false side of the report, Tang Lei cited Article 243, paragraph 3, of the Criminal Law.“If it is not an intentional false accusation, but a false accusation, or the report is untrue, the provisions of the preceding paragraph do not apply.” It also explains that if Zheng Gang reports based on reasonable doubts or grasps some clues, even if it is ultimately verified that tax evasion does not constitute tax evasion, it is still a false accusation, and generally does not constitute the crime of false accusation and frame-up. However, if the facts are fabricated and publicly disseminated to cause a large impact and reduce the other party’s social evaluation, it may constitute an infringement of the right of reputation.
The bullet of the real-name report was still flying, and Luo Yonghao did not stop and wait for it to land. He also burned the fire on Yu Minhong, his “boss” twenty years ago, but Yu Minhong still chose to “not touch him.”
From September 12th to September 28th, sixteen days, five battles. Mr. Savage, Huang Bin, Li Kee, Yu Minhong, Zheng Gang, the opponents changed from brands to former partners, and then to former bosses and former investors.For a person who has gained traffic through words for twenty years, the most difficult thing to deal with is to understand the people around him. The lethality of the people around him is far more violent than the enemies on the Internet.And what other shells does Zheng Gang have? The outside world is also waiting.
Related Reading
- The west “breaks zero”, and the competition for the word “rice” in inland provincial capitals begins2026-09-29
- Li Bin pledged part of Weilai’s most valuable wealth to Geely2026-09-29
- power plant2026-09-29
- Original: Parents chatted about physics at the dinner table and raised a 29-year-old billionaire2026-09-29
- ‘Is it really worth it to keep going on?’ Economic pain hits America’s farm belt.2026-09-28