Ling Wancheng | |
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Native name | 令完成 |
Born | 1960 (age 56–57) Pinglu County, Shanxi, China |
Residence | California, United States |
Other names | Wang Cheng (王诚), Jason Wang |
Alma mater | Jilin University |
Occupation | Businessman |
Years active | 1983 - 2014 |
Relatives | Siblings: Ling Jihua Ling Zhengce Ling Fangzhen Ling Luxian |
Ling Wancheng (Chinese: 令完成; born c. 1960), also known as Wang Cheng (王诚) and Jason Wang, is a Chinese businessman who once held investments in the communications and entertainment industries. He left for the United States shortly after his brothers Ling Jihua and Ling Zhengce, who are prominent politicians, were placed under investigation as part of the anti-corruption campaign in China under Xi Jinping, current General Secretary of the Communist Party of China.
Ling Wancheng was born in Pinglu County, Shanxi, China. Ling is a member of the prominent Ling political family from Shanxi province. He is the youngest of five siblings. All of his siblings were named after Mao-era Communist Party terminology. His own name 完成 means "to complete". His elder brothers Ling Jihua and Ling Zhengce are both politicians.
He graduated with a degree in economics from Jilin University. After graduating Ling joined the Xinhua news agency. He compiled internal documentation for party officials and worked as a news reporter. He was an editor at Outlook Weekly (瞭望) magazine. He rose to become the deputy chief of the General Office of the Xinhua news agency. He earned an MBA from Hunan University in 2004. In 2004 he became the CEO of Tiantian Zaixian (天天在线), a subsidiary of China Netcom. Ling, along with associates from his home province of Shanxi, co-founded an investment firm in 2008, and became chief executive of its subsidiary Huijin Lifang Capital Management Ltd. shortly thereafter. Huijin owned a stake in Chinese online entertainment company LeTV.com. Under Ling's leadership, the company was thought to have profited some 300 million yuan ($48.27 million) from the appreciation of LeTV stocks.