The fall after the peak - the ups and downs of the life of gymnastics queen Wu Bing
April 16, 2024
She was once a legend in the gymnastics world, winning numerous championship trophies at home and abroad, and making countless people admire. Now, however, the former "gymnastics queen" has become the protagonist of a financial scandal, deceiving shareholders, fleeing overseas, and living a life of luxury. Let's take a look at the ups and downs of the once glorious gymnastics queen Wu Bing.
The Road of Kings
Wu Bing was born into a business family and has lived a prosperous life since he was a child. She was a little weak since she was a child, and her parents sent her to a gymnastics training gym to start systematic training. Who would have thought that this seemingly ordinary little girl would have an extraordinary talent in gymnastics.
Under the careful guidance of her coach and Wu Bing's own efforts, she soon made a name for herself in the gymnastics world. At the age of 13, Wu Bing had already won the gold medal in the national gymnastics competition, becoming the youngest national player at that time.
With his excellent gymnastics strength, Wu Bing soon entered the ranks of the national team. She has delivered excellent results in every competition and has gradually grown into a leading figure in the domestic gymnastics scene. At the 2000 Sydney Olympics, the 22-year-old Wu Bing brought home multiple gold medals for the Chinese gymnastics team, becoming one of the big winners of the Games. This achievement also made her a new star in the sports world at that time.
But Wu Bing didn't stop there, her love for sports and her pursuit of self made her determined not to be the king of gymnastics alone. After retiring from the sport, she began a difficult transition to synchronized swimming. After a long training and run-in period, Wu Bing finally won the gold medal in synchronized swimming at the 2004 Athens Olympic Games. This also made her a "double champion" in gymnastics and synchronized swimming.
Since then, this once thin and weak girl has grown into one of the brightest sports stars in China. She has attracted attention from all walks of life, and her advertising endorsements have been endless, and she has become a well-deserved sports goddess.
Lost and Rising
Wu Bing was once pinned on so much hope and expectation, but now it has fallen to the point of being spurned. What is the reason for this, the former "double champion" to go astray?
After retiring, Wu Bing tried to go to the United States to coach gymnastics, but quickly abandoned the plan due to language barriers and other problems. After returning to China, she fell into the dilemma of being confused and looking for a direction in life.
At this moment, by chance, Wu Bing entered the film and television industry, and with her own efforts and charm, she successfully transformed into a promising actress in just three years. The audience cheered and cheered for the successful "Queen of Gymnastics".
However, when his career began to improve, Wu Bing's ambitions began to slowly swell. She is no longer satisfied with the identity of an actor, but has begun to set her sights on a broader business territory. Under the leadership of the famous producer Dan Mitz, Wu Bing and his friend Xiao Wenge founded "DMG Media Company".
Under the leadership of Wu Bing, DMG has risen rapidly, successively invested in the filming of many blockbusters such as "The Great Cause of the Founding of the People's Republic", and successfully won the filming rights of well-known IPs such as "Resident Evil". The company's business has gradually expanded from the initial advertising business to film and television production, investment and many other fields.
With the rapid development of DMG, Wu Bing's worth has also risen. No longer satisfied with the domestic market, she began to attack Hollywood, and successfully won the production rights of many foreign blockbusters. This has brought huge exposure and commercial value to DMG, and also made Wu Bing's position in the industry more prominent.
In order to further expand the company's scale and achieve the goal of listing, Wu Bing even announced that DMG would achieve a profit target of 2 billion yuan within three years, drawing a big pie for investors. With her strong belief and the aura of "double champion", more and more investors have joined DMG to inject capital into the company. The scene is like a whirlpool, which is getting bigger and bigger.
At this time, Wu Bing had already blinded his conscience and began to do whatever it took to realize his dream of going public. She first changed her nationality to the United States to avoid Chinese government scrutiny. Then, at the critical moment when the company was on the verge of bankruptcy, she actually began to fabricate false financial statements to deceive the majority of shareholders and secretly transfer most of the company's assets to the United States.
Finally, in 2018, DMG declared bankruptcy, leaving behind a huge loss of tens of thousands of shareholders. Wu Bing and her husband, who had already transferred their assets, quietly fled to the United States and began their extravagant overseas life.
A punishment beyond reach
Although Wu Bing successfully escaped the punishment of the law, her actions still could not escape people's condemnation and spurning after all.
With the exposure of the scandal, Wu Bing suddenly became a "national sinner" from the goddess of sports in China. Even though she lived a luxurious life of luxury cars and mansions in the United States, the shareholders who were deceived by her lost all their savings. People have abused her as a "scum of sports" and regarded her as a despicable predator of money.
Although the Chinese have repeatedly pressured the United States through diplomatic means to send Wu Bing back to China for trial, China's judicial power has not reached her because she has changed to an American citizen. This undoubtedly allowed her to escape the punishment she deserved.
In the United States, although the public is also angry at Wu Bing's actions, the prosecution has been slow to prosecute her due to its wide range of involvement and complex evidence.