Beside high-speed train Luo is also barred from spending at higher quality hotels, night clubs and golf clubs, buying properties and high-premium insurance and sending his children to expensive private schools.
BEIJING: The founder of China’s smartphone maker Smartisan Technology has been barred from taking flights and high-speed railway trains due to the company’s failure to comply with court rulings from a contractual dispute, a local court document showed.
Smartisan is a niche player in China’s smartphone sector and is best known for its flamboyant founder Luo Yonghao, who made headlines in recent years with bold statements including a claim that he was planning to acquire Apple.
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