In China's Internet rivers and lakes, there is such a legendary figure, he once pressed Ma Yun and Ma Huateng with one hand, so that Robin Li can only watch cautiously from the sidelines. What is the origin of this mysterious figure that has made the three Internet giants fearful? He is Wu Ying, who is known as the "father of PHS". 
Wu Ying is a figure who has left a strong mark in the development of China's Internet. Not only did he have amazing achievements in his career, but he also showed extraordinary charisma in interpersonal interactions. The key link in Ma Yun's successful acquisition of Son's $20 million investment was due to Wu Ying's introduction and bridge. And now, this former man of the year has also encountered difficulties and has become a dishonest person. Recalling that in the show "Winning in China", Wu Ying and Ma Yun sat side by side, on an equal footing, and started a business together. However, time flies, and the once glorious enterprise of UTStarcom is no longer in its former glory and has been ruthlessly overturned by the tide of the times. All this seems to warn people that if ideas do not keep up with the pace of the times, they may become stepping stones under the feet of other entrepreneurs. 
Now, Wu Ying, the actual controller, chairman and secretary of the board of directors of ST Zhongjia, was restricted from spending in May 2023 for failing to fulfill the payment obligations determined by the effective legal documents of the court. The news shocked the entire business community. It is understood that the applicant for the restriction is Tongding Group***, and its subsidiary Tongding Internet acquired UT Starcom 26 in February 201905% equity. As one of the founders of UT Starcom, Wu Ying's integrity has always attracted much attention in the business world. 
In 1991, Wu Ying and Xue Cunhe, an international student, established Starcom in the United States, and then brought the relevant technology back to China, creating a precedent for PHS. PHS once achieved great success in the Chinese market, and UTS Starcom was successfully listed on the NASDAQ in 2000. However, with the change of times and the upgrading of technology, Wu Ying and his company seem to have gradually lost their former glory. 