Luo Yonghao's company filed for bankruptcy reorganization again. Why did this company go bankrupt?

Because of poor management, the sales of mobile phones made by ourselves were too low, and the company could not continue to operate and went bankrupt.

The name of the company operated by Luo Yonghao is Hammer Technology, which is a mobile phone production and sales company. Luo Yonghao is also a legend. With only a high school education, he is doing well in all walks of life. Because of his lack of education, he moved Yu, the founder of New Oriental, and successfully joined New Oriental through his own efforts. Here, he gradually became a gold medal lecturer and performed well.

Before this, we didn't expect to be a blue collar of an enterprise. After working in New Oriental for a period of time, he started his own education company. After operating for a period of time, he also gave up the management of this company. Seeing the lack of China brand in the mobile phone industry, he intends to devote himself to the manufacturing of mobile phones. He once boldly stated that he would kill Apple mobile phones.

Later, hammer technology came into being. I have to say that hammer technology has also been popular for a while, because he is keen on innovation. The bullet message of hammer mobile phone is very easy to use and attracts some users. But later, because of the backward technology, hammer technology also exposed some problems. Mobile phones are really incomparable with some brands of mobile phones.

With the continuous decrease of sales, the company was heavily in debt, and finally declared bankruptcy, and Luo Yonghao was in debt of 600 million. If he declares bankruptcy at this time, he won't have to pay his own debts, but he still insists on paying back the 600 million. Finally, he chose ByteDance to sign a contract and embarked on the live broadcast industry. In just two or three years, he also quickly completed most of his debts.

His practice has also won unanimous praise from many entrepreneurs. It is said that Mr. Luo will continue to devote himself to the manufacture of mobile phones, and Luo Yonghao's personal charm has also increased our expectations for hammer mobile phones.