According to Tianyancha ( an authoritative data technology service widely used in China), Guangdong Han Li Investment Ltd. (广东韩立投资有限公司) was in debt for 8.49 million CNY.
Tianyancha
The company had the ability to pay off the debt but refused to fulfill its obligations as determined by the effective legal documents, which eventually caused Zhu Yihang, the owner of Edward Gaming, to be listed as a defaulted execute - in other words, a deadbeat. As a result, he will be restricted from high consumption in daily life.
EDG Celebrates 2021 Championship
Edward Gaming is a professional eSports organization based in Shanghai, China. EDG's League of Legends team was notable for its consistent high competitive performance both domestically and internationally, and was also the Champion of Worlds 2021.
Source: Tianyancha