Original title of the article: Hammer was sued by the creditor, mobile phone charger manufacturer Chenyang Electronics, to court Luo Yonghao said he had to pay off his debts even if he was an artist
On the evening of November 3, Luo Yonghao responded in a long post on his Weibo, saying, " Even if he is a busker, he will continue to work hard to pay off all his debts. This response stems from Luo Yonghao's failure to repay the debt of Chenyang Electronics, his mobile phone charger supplier, and the matter continues to ferment on the Internet.
On the afternoon of November 3, according to the Danyang Municipal People’s Court’s consumption restriction order, Beijing Smartisan Digital Technology Co., Ltd. and Luo Yonghao were restricted from consumption.
According to the China Judgment Documents Network, on November 23, 2018, the People’s Court of Danyang City, Jiangsu Province accepted a case involving a dispute over the sales contract between the plaintiff Jiangsu Chenyang Electronics Co., Ltd. (hereinafter referred to as Chenyang Electronics) and the defendant Hammer Technology . The plaintiff Chenyang Electronics had business dealings with the defendant Smartisan Technology, and the plaintiff once supplied mobile phone chargers to the defendant.
On August 6 this year, the court made a first-instance judgment on this case. After trial, the court found that the defendant still owed the plaintiff RMB 3,705,991.6 for goods, and the court confirmed the fact. The court ruled that the defendant Smartisan Technology should pay the plaintiff Jiangsu Chenyang Electronics Co., Ltd. 3,705,991.6 yuan within 10 days from the effective date of this judgment. After that, Chenyang Electronics again sued Smartisan Technology to the court due to repeated requests but failed.
Chenyang Electronics’ official website shows that the company is a well-known brand in China’s electronics industry. It mainly produces and develops power adapters, mobile phone chargers, LED power supplies, set-top box power supplies, battery chargers, industrial power supplies, linear adapters, transformers, mobile power supplies, inductors, A series of products such as automotive products, with annual sales of 120 million switching power supplies/chargers, 210 million LED drive power supplies, 230 million linear power supplies, and 150 million supporting production of various high and low frequency transformers.
Company Chairman He Xinyou said that they have seized the development opportunities of smartphones and smart homes. Since 2006, the company has entered a period of rapid development, with annual sales growth reaching 30%. The market share of its mobile phone chargers once ranked first in the country and third in the world.
With its top quality, in recent years, some Taiwanese peer companies have gradually been "defeated" by Chenyang. In the second half of 2014, Chenyang Electronics began to develop a fast charger that can charge in 5 minutes and talk for 3 hours. In 2015, the sales of this fast charger accounted for 20% of the company's total sales, and the added value of the product was doubled compared to other products.
From 2012 to 2017, Chenyang Electronics has won the "Top Ten Power Adapter Industry in Greater China" outstanding supplier sponsored by Big Bit Information Agency for three consecutive years. Companies that received this award during this period include well-known companies in the industry such as Delta Electronics , Flextronics Power Supply, Lite-On Power, Eurofins , Kangshu . It shows that Chenyang Electronics has won good trust from downstream machine manufacturers in terms of product quality and service.
According to reports, in China, Chenyang Electronics’ cooperative customers have grown from the original Amoi and Bird to Lenovo, TCL, ZTE, Xiaomi, etc., and of course include the protagonist of this lawsuit, Smartisan Technology. Starting in May 2017, Chenyang Electronics Company provided mobile phone chargers to Smartisan Technology. Foreign customers include Cisco in the United States and Vodafone, the largest mobile phone operator in Europe.
In October last year, it was revealed that Smartisan Technology’s capital chain was broken, and even employee wages, five insurances and one housing fund could not be paid as scheduled. Soon after the news broke, many Smartisan suppliers came to collect debts. After failure, many suppliers sued Smartisan Technology and Luo Yonghao. Go to court to demand repayment of the money owed. Chenyang Electronics is only the vanguard on the road to debt collection and has been widely reported by the media. In fact, there are still many suppliers who have debt relationships with Smartisan Technology.
Now Luo Yonghao has been included in the list of "Lao Lai" by the Danyang Municipal People's Court, which restricts high consumption. For example, he cannot take second-class seats or above on high-speed rail, and cannot take airplanes.
On the evening of the 3rd, Luo Yonghao officially responded to the "Lao Lai problem" on Weibo. Luo Yonghao said that since the business crisis of Smartisan Technology in the second half of 2018, Smartisan Technology owed a maximum debt of approximately 600 million yuan to banks, partners and suppliers. , and in order to save the company, he also signed an unlimited liability guarantee of 100 million yuan.
He wrote that Smartisan Technology has repaid RMB 300 million in the past 10 months, of which he personally repaid tens of millions. He also said that he would not default on the debt and would definitely bear what was his responsibility, but it would take time. Even if Smartisan Technology goes bankrupt due to force majeure in the end, he will repay his debts by "showing off".
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