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Why does Luo Yonghao restrict consumption? Nine consumer behaviors that are not necessary for life a

On the 3rd, it was reported that Beijing hammer Digital Technology Co., Ltd. and Luo Yonghao were restricted from consumption, according to the consumption restriction order of Danyang people's Court published by China executive information disclosure network. Just now, Luo Yonghao acknowledged and responded to this matter in a long message on his personal microblog.

Luo Yonghao said that since the business crisis in 2018, hammer technology has owed about 600 million to banks, partners and suppliers at most. In order to save the company, he signed a personal unlimited liability guarantee of more than 100 million.

He also said that in the past 10 months, they have paid off about 300 million of the company's debts, and their individuals have raised funds in various ways to help the company pay off tens of millions of them.

Finally, Luo Yonghao said that it is difficult to start a business and the process is inevitably embarrassing, but in any case, hammer technology will continue to do so.

On November 3, the reporter inquired China executive information disclosure network and found that Danyang people's court imposed a consumption restriction order on Beijing hammer Digital Technology Co., Ltd. and Luo Yonghao, restricting their high consumption behaviors such as purchasing real estate, traveling, vacation and taking g-prefix EMU trains.

According to the consumption restriction order, Danyang people's court filed the case of dispute over the execution of the sales contract applied by the execution applicant Jiangsu Chenyang Electronics Co., Ltd. on September 4, 2019. Because Beijing hammer Digital Technology Co., Ltd. failed to perform the payment obligations determined by the effective legal documents within the period specified in the execution notice, the court, in accordance with relevant regulations, Take consumption restriction measures against Beijing hammer Digital Technology Co., Ltd. and restrict Luo Yonghao of Beijing hammer Digital Technology Co., Ltd. and its units (legal representative, main person in charge, directly responsible person affecting debt performance and actual controller) from the following high consumption and consumption behaviors not necessary for life and work:

(1) When taking the means of transportation, choose the second-class or above class of aircraft, train soft sleeper and ship;

(2) High consumption in star hotels, hotels, nightclubs, golf courses and other places;

(3) Purchase real estate or build, expand or decorate high-grade houses;

(4) Rent high-grade office buildings, hotels, apartments and other places for office;

(5) Purchase vehicles not necessary for operation;

(6) Travel and vacation;

(7) Children attend high fee private schools;

(8) Pay high premiums to buy insurance and financial products;

(9) Other consumption behaviors not necessary for life and work, such as taking all seats of g-prefix EMU trains and more than first-class seats of other EMU trains