Former New Oriental English teacher who founded the phone maker 锤子科技 (Smartisan); after it failed he sold goods in Douyin livestreams to pay off its debts.
Luó Yǒnghào kào zhíbō huánqīng le Chuízi Kējì de zhài.
Luo Yonghao paid off Smartisan's debts through livestream sales.
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He joked that a film about his years of paying off Smartisan's debts should be called 真还传, 'the true story of repaying', a pun on the palace drama 甄嬛传: 真 'truly' and 还 'repay' sound just like the heroine's name. The nickname stuck to his whole saga.
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Widely called 老罗 ('Old Luo'); this is friendly/admiring rather than formal.