• Ran Wang

    Founding Partner and CEO

    • Over 20 years of experience in investment banking
    • Previously worked at JP Morgan Chase and Goldman Sachs
    • BS and MBA from Harvard University
    Mr. Wang has 25 years of investment banking experience and is widely recognized as one of the pioneers in China's investment banking industry.   He founded CEC Capital Group (formerly known as China eCapital Group) in 2000 and is now chairman and CEO of the firm. Under his leadership, CEC Capital has emerged as a leading private investment bank and asset management firm with a core focus on the TMT, consumer and healthcare sectors.  At CEC Capital, Mr. Wang has overseen closing of over 300 transactions with total deal value exceeding RMB120 billion. 
    Mr. Wang started his investment banking career at Goldman Sachs in 1994. Prior to founding CEC Capital, he had spent the previous three years with the Global M&A Group of JP Morgan, where he was responsible for developing and executing a number of large M&A transactions in the Asia-Pacific region. Mr. Wang has a bachelor degree in economics from Harvard College and an MBA from Harvard Business School. He has published extensively on economic and finance subjects in leading Chinese financial newspapers and magazines, and has close to 5 million followers on social media platform Sina Weibo, China’s Twitter.
  • Irene Hong

    Founding Partner

    • Over 20 years of experience in investment banking and the healthcare industry
    • Previously worked at Merck and Accenture
    • BS in Mechanical Engineering and MBA from U.C. Berkeley
    Ms. Hong is a founding partner for CEC Capital Group, and leads the healthcare industry group.  Under her guidance, CEC Capital has emerged as a leader in the healthcare banking sector with the largest specialized team covering pharma/biotech, medtech, services, and digital healthcare.  Notable clients include Arrail Dental, Berry Genomics, China Medical Diagnostics Corporation, Righton Bio, Sino-Kor Hospital, and Reach Surgical.  CEC Capital also has a strong cross-border practice, having worked in the past with several multinational companies including Zimmer, Charles River, and Teva.  With an increasing interest in China outbound investment, CEC Capital has opened an office in the US and Ms. Hong will be leading this cross-border effort.  
    Prior to joining CEC Capital, Ms. Hong was a Manager for Accenture’s (formerly Andersen Consulting) Strategic Services practice in San Francisco.   Before receiving her MBA, Ms. Hong worked as an engineer for Merck and worked on several plant start-ups, including a technology transfer project in China for a recombinant Hepatitis B vaccine, and for Merck’s launch of Crixivan, a protease inhibitor for HIV. 
    Ms. Hong has both her MBA and BS in Mechanical Engineering from UC Berkeley.
  • Peng Jin

    Venture Partner

    • Over 10 years of experience in investment banking, start-up management and venture capital investment
    • Previously worked at Bear Stearns, 21Vianet, Keytone Ventures, and IDG
    • BS in Finance and Information Systems from New York University
    As one of CEC Capital’s earliest partners, Mr. Jin has led many influential financing and M&A projects since the company’s early days.
    Mr. Jin started his career in 1998 at Bear Stearns, working on the financing and overseas listing of Chinese Internet companies.  He then joined 21Vianet as their vice president, where he was responsible for the company’s business development, products, and financing. From 2003 to 2007, after Mr. Jin joined CEC Capital and under his leadership, CEC Capital completed a series of innovative financing transactions and helped establish CEC Capital’s position as a market leader. While he has shifted his focus to high-tech venture investment since 2007, Mr. Jin has remained deeply involved in the business of CEC Capital. In 2016, he began serving as a partner of CEC’s RMB fund.
    Mr. Jin holds BS degrees in Finance and Information Systems from New York University’s Stern School of Business.
  • Zack Zhang


    • Over 10 years of experience in direct investment and M&A  
    • Previously worked at Sanpower Group and lashou.com
    • Master in Monetary Banking and Finance from Birmingham University and EMBA from CKGSB
    Mr. Zhang has over 10 years of experience in direct investment in capital markets and M&A.  
    He previously worked at JLL, Boxin Capital and Sanpower Group and completed pre-IPO private equity investments in A-share listed companies such as Sanfo Outdoors and Raisecom.  He also participated in and completed Nanjing Cenbest’s acquisition of House of Fraser, the largest department store group in Britain and Sanpower’s acquisition of Brookstone, a US-based specialty retailer. During his tenure in Sanpower, he led the establishment of M&A funds for several listed companies.
    Mr. Zhang holds a Master’s degree in Monetary Banking and Finance from Birmingham University and an EMBA degree from Cheung Kong Graduate School of Business.
  • Gang Li


    • Over 10 years experience in investment banking
    • Previously worked at IBD, CITIC Securities 
    • Master in Finance and Financial Management from Berlin School of Economics and Law
    Mr. Li once served as the Senior Vice President at CITIC Securities and participated in various projects covering refinancing, overseas M&A, asset restructuring and financial advising services. Since 2012, he has been focusing on the medical and healthcare industry. He has provided a full range of investment banking services for many distinguished companies such as Dianhong Pharmaceutical, Yiling Pharmaceutical, Yifeng Pharmacy, Shineway Pharmaceutical, Jointown Pharmaceutical and Huahai Pharmaceutical. During his tenure in CITIC, he also directly promoted and participated in the establishment and implementation of several fund and asset management programs.
    Mr. Li holds a Master’s degree in International Finance and Finance Management from the Berlin School of Economics and Law, and is fluent in German and English.
  • Luping Chen

    Managing Director

    • Over 10 years of internet, game & investment experience
    • Previously worked at Perfect World and China Venture Labs
    • MBA from Fordham University and Peking University
    Mr. Chen joined CEC Capital in June 2012 and is mainly responsible for private equity financing and M&A in games, advertising, VR/AR and other industries.  During his tenure, he has led the team in completing a number of financing and M&A transactions, including the split-up of Baidu Video, merger of Chinese online movie ticket firms WePiao and Gewara, and Zhongnan Culture’s acquisition of zs-e.com.
    Before joining CEC Capital, Mr. Chen was the Director of Investment and Business Development at Perfect World, a leading game and film company in China.  Mr. Chen also previously worked as a manager at China Venture Labs, a venture capital fund, and at OrangeGames, a leading game company where he was responsible for strategy and market research.
    Mr. Chen holds an MBA degree from Fordham University and Peking University.
  • China eCapital Partners LLC. (U.S.)

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