SC 13G 1 a79269sc13g.txt SCHEDULE 13G ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden hours per response........14.9 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* GBC BANCORP -------------------------------------------------------- (Name of Issuer) COMMON STOCK, NO PAR VALUE -------------------------------------------------------- (Title of Class of Securities) 361475106 -------------------------------------------------------- (CUSIP Number) December 31, 2001 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 361475106 --------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Ping C. Wu --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 4. Citizenship or Place of Organization United States --------------------------------------------------------------------- 5. Sole Voting Power 149,121 Number of Shares -------------------------------------------------------- Beneficially 6. Shared Voting Power 470,730 Owned by Each -------------------------------------------------------- Reporting 7. Sole Dispositive Power 149,121 Person With -------------------------------------------------------- 8. Shared Dispositive Power 470,730 -------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 619,851 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 5.35% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN --------------------------------------------------------------------- Item 1. (a) NAME OF ISSUER: GBC Bancorp Item 1. (b) NAME OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 800 West Sixth Street Los Angeles, CA 90017-2704 Item 2. (a) NAME OF PERSON FILING: Ping C. Wu Item 2. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: President Global Corporation 6965 Aragon Circle Buena Park, CA 90620 Item 2. (c) CITIZENSHIP: United States Item 2. (d) TITLE OF CLASS OF SECURITIES: Common Stock Item 2. (e) CUSIP NUMBER: 361475106 Item 3. Not applicable. This statement is not filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c). Item 4. OWNERSHIP Item 4. (a) AMOUNT BENEFICIALLY OWNED: 619,851 Item 4. (b) PERCENT OF CLASS: 5.35% Item 4. (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) sole power to vote or to direct the vote: 149,121 (ii) shares power to vote or to direct the vote: 470,730 (iii) sole power to dispose or to direct the disposition of: 149,121 (iv) shared power to dispose or to direct the disposition of: 470,730 Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not applicable. Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Part of the securities reported in this schedule are owned by a California corporation of which the reporting person serves as the president. Said corporation has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. The interest of said corporation in the Common Stock of Issuer does not amount to more than five percent of the Class. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable. Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable. Item 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. Item 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 2002 PING C. WU ------------------------ ---------------------------------- Date Signature Ping C. Wu ---------------------------------- Name/Title