Huawei's "Genius Youth" Li Bojie responds to allegations of "taking funds and going missing": Only one-third of the investment funds have been received, and his resignation was approved by the board of directors.

Li Bojie, one of Huawei’s first batch of "Genius Youths", took to social media to complain about his interview experience at DeepSeek, alleging he was accused of cheating during a coding interview and terminated the interview on the spot. This complaint quickly sparked a new controversy, with Du Jun, a former investor and co-founder of Web3 venture capital firm ABCDE, publicly accusing Li of "lacking contractual integrity". Du Jun alleged that Li and his partner Zhuang Siyuan, during the founding of Metagent in 2024, refused to fulfill their contractual obligation to update on financial and business progress after receiving investment from ABCDE, then went missing and absconded. Du Jun said he could accept any project failure, but could not tolerate the fraudulent act of founders absconding with funds. In response, Li stated: "The investment agreement with ABCDE Capital specified an investment of $1.5 million, but only $500,000 was actually received, with the remaining $1 million never disbursed. The company’s cap table still records the firm’s equity stake at the $1.5 million amount. Due to the delayed investment funds, both I and my co-founders voluntarily took pay cuts, and the company faced difficulties in recruitment and R&D. In October 2024, due to personal and family reasons I was unable to leave mainland China, and given the non-compliance of Web3 projects, I resigned from Metagent, a move that was approved by the board of directors. Until my resignation, as CTO and co-founder, I had consistently fulfilled my obligation to disclose the cap table and business status on schedule. In line with the agreement’s non-compete clause, my subsequent startup projects will avoid sectors including Web3, AI infrastructure, and image generation."