On May 11th, Haro Travel responded to the “Hello Travel CEO Yang Lei was restricted by the court for high consumption”.

Hello Travel stated in its statement that Dalian Zhengergy Information Technology Co., Ltd. and Shanghai Yida Information Technology Co., Ltd. have executed a contract dispute [(2020) 沪 0112 执 2286 No.], the executor Shanghai Yuanda Information Technology Co., Ltd. (hereinafter referred to as “Yida”) is not affiliated with Shanghai Junzheng Network Technology Co., Ltd., the operating entity of Hello Travel, and has no impact on the normal operation of Hello Travel. . Currently, all operations of Hello Travel are normal.

In addition, Yida is a limited liability company. As a natural person shareholder of the company, Mr. Yang Lei has completed the capital contribution responsibility, but Yang Lei himself does not participate in the company ’s operation and management. Should not fall within the limits of high consumption.

Hello Travel stated in a statement that with regard to the personal restraint order for Yang Lei in the case of the Shanghai Minhang District People ’s Court, Yang Lei ’s lawyers have fully communicated with the executive judge: After understanding, there are delays and errors in system updates Yang Lei was determined to be the legal representative of Binda. The team of lawyers is applying to the executive court for correction of the measures to lift consumption restrictions in accordance with the legal provisions and procedures.

Tianyan check data shows that recently, Shanghai Yida Information Technology Co., Ltd., which has a brand of “Love for Driving”, is engaged in car driving services. Due to a contract dispute with Dalian Zhengergy Information Technology Co., Ltd., Yang Lei, a shareholder of Shanghai Yida Information Technology Co., Ltd., was restricted from high consumption. Yang Lei’s shareholding in Shanghai Yida Information Technology Co., Ltd. is 23.3%. In May 2018, Yang Lei withdrew from the position of director. In January 2018, the company’s legal representative changed and Yang Lei withdrew from the legal representative.

Yang Lei has been a founder and CEO for many times. In addition to his love, he is also the founder and CEO of Hello Travel. Regarding the status of Hello Travel, on April 27, Yang Lei said in an interview with media groups including surging news reporters that Hello Travel has achieved the company’s EBITDA (free cash flow) normalization in March 2018. Maintain this state. In addition, China’s two-wheeler market is broad, judged from the market space, and then combinedWith its own business plan and rhythm, the company can achieve a faster growth rate this year.

Yang Lei said, Hello Travel will complete a new round of financing at the end of 2019, which is now the most cash-intensive stage in the history of Hello.