Bullet Messenger operator Smartisan Technology has undergone a drastic reshuffle. CEO Luo Yonghao is no longer legal representative while the company has stripped 10 top executives of their directorships.
That development is just the latest in a long list of troubles for Beijing-headquartered Smartisan. In the past few months, Smartisan has faced rumors of resignations, office closures, massive layoffs, and unpaid wages.
Founded in 2012, the company designs and sells consumer electronics, including phones and PCs. The company announced its first smartphone, the Smartisan T1, in 2014.
In the latest development, Luo will be replaced by Wen Hongxi, a largely mysterious figure. Past reports suggest that Wen was one of Luo’s former colleagues in the early 2000s when he was an English teacher at private education institute New Oriental.