He did this through live broadcasts and talk shows, and he also sold his core assets to ByteDance, so Smartisan paid off a debt of 300 million yuan.

Luo Yonghao, his life can be said to be legendary. He had dropped out of school and left home when he was 17. He sold barbecue and used books at a street stall. He even went to MLM organizations to teach others. Luo Yonghao likes reading. After unremitting efforts, he entered New Oriental.

In New Oriental, he served as an English teacher. During his tenure as an English teacher, his teaching style was also humorous. His teaching video was posted online by his classmates, and Lao Luo's Quotations was born, which caused quite a sensation.

During his tenure at New Oriental, his salary was also very high. Unsatisfied with the status quo, Luo Yonghao chose to resign and founded Niubo.com. In less than two years, Niubo.com collapsed.

Luo Yonghao had an unyielding spirit in his bones, and then he founded Hammer Technology Co., Ltd. Smartisan Technology Co., Ltd. makes mobile phones. During Luo Yonghao's tenure, Smartisan had a debt crisis. But Luo Yonghao solved it easily, but business is changing rapidly. Luo Yonghao was listed as a dishonest executor because Smartisan Technology Co., Ltd. had a debt of 600 million.

Luo Yonghao owed 600 million in debt. As of 2019, he had sold his core assets to ByteDance, and Smartisan Technology had helped him pay off nearly 300 million in debt.

The other 100 million is the money Luo Yonghao earns through live broadcasts and talk shows. Luo Yonghao is also ranked fourth in the live broadcast industry, except Wei Ya, Li Jiaqi, and Simba. He ranks fourth, and his sales volume every time he broadcasts is amazing. There is also a pit fee of 600,000, which is 12 million for 22 live broadcasts. Luo Yonghao can make a lot of money with fans' rewards and a share of sales.

Luo Yonghao also signed a talk show and indeed made a lot of money. Luo Yonghao claimed that he would be able to pay off another 200 million in the remaining year. Therefore, Luo Yonghao's life is full of legends, and it is not a problem for him to be in debt of 600 million.