Luo Yonghao has made enemies everywhere, and Zheng Gang has resorted to the killer mace of "tax evasion and tax omission"
When Luo Yonghao aimed his "artillery shell" at Yu Minhong, he was also reported for tax evasion by his former investor Zheng Gang.
Meanwhile, he was also "dealing with" Mr. Savage, his former partner Huang Bin, Xibei, the top Weibo influencer @Li Ji... Luo Yonghao, who made enemies everywhere, has become a "target" and is now facing backlash.
On the evening of September 27, a Weibo post with an IP location in Seoul, South Korea was released. Zheng Gang, the founding partner of Purplehill Venture Capital and an investor of Luo Yonghao during the Smartisan era, reported Luo Yonghao and Jiao Ge Pengyou under his real name. "It is claimed that dozens of shell money laundering companies have been registered in the names of Jin Wei, Li Jun, Luo Yongxiu and Huang He, and dozens of limited partnership enterprises for money laundering have been deregistered, involving serious tax evasion."
Source: Weibo
He also launched another initiative: he is soliciting top law firms and accounting firms specializing in audit across the network to sort out the 15-year-old bad debts of Smartisan Technology together, promising to pay 10% to 20% of the recovered amount as remuneration, with a maximum of 30%, involving a target of about 300 million yuan. He left a sentence that even if you have deregistered now, you can still be "brought back to life" to check how much tax you owe and how much money you have transferred in these limited partnerships, and he announced that he would list the company names one by one the next day.
Luo Yonghao's response was almost simultaneous. He said this was a false accusation, he had taken screenshots for evidence, and reminded that "too many hooligans on the Internet have no idea that false accusation is a crime", and even reposted the post for the other party, saying that the content had been reposted more than 250 times, and only 240 more reposts were needed to meet the filing standard. In the early morning of September 28, he posted again to completely point the finger at the person concerned, saying that Zheng Gang, who was suspected of illegally leaving the country, posted in South Korea to frame him for tax evasion, and the post became a hot search. After this case is filed, Zheng Gang will most likely be sentenced.
Source: Weibo
However, tech blogger @Xiong Ge AI Counterattack Notes commented: "The reason why Zheng Gang fell from a well-known investor to a deadbeat, isn't it because he invested in the Smartisan project and mortgaged his own house to lend money to Luo Yonghao?" He also mentioned: "Ten thousand people in this world can laugh at Zheng Gang, including me, but Luo Yonghao has no right to laugh at him for being a deadbeat."
Source: Weibo
Luo Yonghao "Making Enemies Everywhere"
When Luo Yonghao was facing the real-name report from Zheng Gang, he was busy aiming his firepower at his former boss Yu Minhong.
In mid-September, a consumer released a disassembly video, reflecting that the universal wheel rolling stool purchased in the Jiao Ge Pengyou live stream was filled with moldy wood boards, waste sponges and construction waste inside, which emitted peculiar smell for a long time. The supplier then called many times to ask for deleting the video, saying that this was a common practice in the industry. The filing entity of the involved store, Xiamen Guantang International Trade Co., Ltd., was established in August 2026.
On September 25, Jiao Ge Pengyou apologized and announced that the products would be removed from shelves, and refunds would be issued without requiring return of the goods. Luo Yonghao, in his capacity as Chief Supervisor, admitted that this was a serious quality management accident.
On September 27, Luo Yonghao posted on Weibo that the Jiao Ge Pengyou live stream sold low-quality rolling stools worth two to three million yuan, and after discovering the problem, they publicly apologized and launched full refunds without returning the goods; "Yu Minhong also accidentally sold 10 million yuan of the same low-quality rolling stools, and he is the largest seller across the network. But up to now, he refuses to admit his mistake, apologize, or launch full refunds." After that, he posted multiple consecutive contents, shifting the public anger caused by the low-quality rolling stools sold in the "Jiao Ge Pengyou" live stream to Yu Minhong and East Buy.
Source: Weibo
On September 28, he left a comment under Yu Minhong's "Walk with You" video, and his comment got the highest number of likes in the comment area: "The third day after the low-quality rolling stool incident broke out, you pretended to be deaf and dumb". On the same day, he also questioned where the confidence of these rogue enterprises and rogue entrepreneurs who pretended to be deaf and dumb came from.
As of press time, East Buy has not responded, and the product link can no longer be retrieved on the platform.
Yu Minhong's choice not to respond to provocations is a long-standing habit. The knot between the two men dates back to December 2000. 28-year-old Luo Yonghao wrote a job application letter to Yu Minhong, the principal of Beijing New Oriental School. He dropped out of high school, set up street stalls, traded futures, and the only outstanding thing he had was a high TOEFL score. Yu Minhong gave him three trial teaching opportunities, and he barely passed the third one. He left the job in June 2006.
According to his own statement, the real reason was a sentence. He later heard that some people in the management at that time wanted to fire him, but Yu Minhong disagreed, on the grounds that he could bring tens of millions of yuan of free advertising to the company every year. Luo Yonghao's exact words were "I thought he was making pure profit for nothing at that time", he thought the boss kept him because he recognized his classes.
After leaving, Luo Yonghao first founded Bullog.cn, then ran English training to compete with New Oriental, and later made Smartisan mobile phones, which went bankrupt in 2019. He started live streaming to pay off debts in 2020. During the "essay incident" at the end of 2023, he publicly called Yu Minhong a "iron rooster" for the first time, saying that East Buy is a phenomenal company that oppresses young people the most, and "Teacher Tie" is also a nickname he created. He explained himself: "I have been popular for 20 years, and I have never rubbed anyone's traffic."
Yu Minhong never responded, but Luo Yonghao's "opponents" are still increasing. Earlier late at night on September 12, Huang Bin, co-founder and CEO of Luo Yonghao's English training institution, posted a long article to publicly criticize him by name. He said Luo Yonghao had been bragging all his life, and he even believed his own bragging, which was rather pitiful. He also brought up old scores: when Luo's English training was on the verge of bankruptcy, he took over the unexpired classrooms to help the other party stop losses, while Luo Yonghao claimed outside at the same time that the company had already made profits.
Luo Yonghao's response was unexpected. He said that this Huang Bin was not the same person as the Huang Bin from the Bullog.cn era, they just had the same name. Then he added a sentence: I was wrong to scold people like that back then, now he scolds me a few times, it's just karma.
Yu Minhong's ignoring of Luo Yonghao's repeated "provocations" is often compared with Jia Guolong, the chairman of Xibei, who "flies into a rage at the slightest provocation".
On September 19, top Weibo influencer @Li Ji broke the news that Xibei might go bankrupt in two or three months, and also said that Xibei had sued Luo Yonghao and the court session was coming soon. Although Xibei's customer service said everything was normal in the company, the information of layoffs, store closures and poor financial situation made this revelation possible.
A year ago, Luo Yonghao's comment that "almost all your dishes are pre-made dishes but you charge so expensively" pushed Xibei into the most serious public opinion crisis since its establishment. Jia Guolong chose to confront head-on and open the back kitchen, but the result was not satisfactory. Jia Guolong regretted it very much. Earlier this year, he disclosed that the loss from September 2025 to March 2026 exceeded 600 million yuan. By September this year, there were about 226 operating stores, nearly 40% less than the peak in 2024.
Source: Canned Gallery
Interestingly, there is a control group. On September 12 this year, Luo Yonghao tried Mr. Savage's ice cream at the airport and posted that it was just so-so, far worse than Zhong Xuegao, and added a sentence "please don't mess with me". This time, the comment area was full of lines from *The Three-Body Problem*: "Don't answer", and Mr. Savage did not start a head-on confrontation for several days.
On September 18, People's Daily Online published a sharp comment "Criticism is a Right, Beware of It Becoming 'Traffic Power'". The article wrote that a public figure with tens of millions of fans, a subjective taste evaluation amplified by communication, is enough to cause a huge impact on a brand; issuing a Weibo post with "please don't mess with me" as a disclaimer, its effect is no longer just a consumer evaluation, but closer to a public opinion trial. The article finally wrote that criticism can be sharp, but we should use the power of traffic with caution. Traffic should be a constructive force to improve the market, not a hammer that easily crushes brands.
As of September 28, Jiao Ge Pengyou Holdings (1450.HK) closed at HK$0.61 per share, down 10.29%, with a total market value of HK$857 million; East Buy (1797.HK) closed at HK$25.2 per share, down 0.47%, with a total market value of HK$26.558 billion.
Old Friends Become "Opponents"
Now Luo Yonghao and Zheng Gang, who are fighting fiercely on the Internet, used to be close business partners.
Zheng Gang and his Purplehill Venture Capital are early investors on Luo Yonghao's entrepreneurial road. Purplehill Venture Capital bet on Smartisan Technology in those years. Zheng Gang originally defended Luo Yonghao extremely, even did not hesitate to offend Alibaba for him. For Zheng Gang in the investment circle, the price cannot be measured by money. The root of their falling out is the equity repurchase agreement that was delayed for many years after the collapse of Smartisan Technology. The subject of this dispute involves about 300 million yuan of Purplehill Venture Capital. The Chenghua District Court of Chengdu has ruled that Smartisan Technology must make its account books public. The path from "dreaming together" to "going to court" has taken a full seven years. The real-name report on the evening of September 27 is the breaking point of the contradiction.
In the original report, Zheng Gang named four "keywords": Jin Wei, Li Jun, Luo Yongxiu, Huang He. These people just form the core circle of the Jiao Ge Pengyou system - Li Jun is the chairman of Jiao Ge Pengyou Holdings, holding about 23.03% of the shares. Li Jun was also the second largest shareholder of Chengdu Starry Wild World in the early stage, and the "boss" that Luo Yonghao has called in many public occasions; Huang He is the early co-founder of Jiao Ge Pengyou; Luo Yongxiu is Luo Yonghao's biological brother, who once indirectly held the equity of Chengdu Starry Wild World through a proxy holding structure; "Jin Wei" refers to Hangzhou Jinwei Supply Chain, which is the "only designated supply chain" of Jiao Ge Pengyou Holdings and the largest service provider in the Douyin ecosystem. Its legal representative and actual controller is exactly Li Jun.
Zheng Gang mentioned "dozens of shell companies" and "dozens of limited partnerships", and announced that he would list them one by one on September 28. On the morning of that day, "Luo Yonghao was reported for tax evasion under real name" became a hot search on Weibo, but the complete promised list has not been made public as of press time.
Source: Weibo
Zheng Gang's current situation is also delicate. According to the information disclosed by Luo Yonghao, he has 13 restriction of consumption orders from courts, plus one judgment defaulter, and is restricted from leaving the country. These provide part of the basis for Luo Yonghao's questioning, but the exit path still remains at the level of mutual accusations, and there is no official conclusion yet.
Source: Tianyan