Liu Lirong, founder and chairman of Gionee, one of China’s earliest phone manufacturers, has been added to the country’s black list of social credit as of October 26.

According to a court in Shenzhen, Liu must pay more than RMB 200 million ($28.8 million) in debt before he can be removed from the list.

On November 24, Liu acknowledged (in Chinese) that he had used corporate funds for gambling, losing millions of dollars.

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Runhua Zhao

Runhua Zhao is a technology reporter based in Beijing. Connect with her via email: runhuazhao@technode.com