Yuan Baojing

Yuan Baojing
Born	(1966-02-16) February 16, 1966 Liaoyang, Liaoning, China
Died	March 17, 2006(2006-03-17) (aged 40)
Occupation	Entrepreneur
Known for	Head of Jianhao Group; convicted of murder

Yuan Baojing (; born 16 February 1966, died 17 March 2006) was a billionaire entrepreneur from Liaoyang, in the Liaoning province of China, serving as the head of the Beijing-based Jianhao Group. He was found guilty of murder and executed in 2006 following a conflict with Sichuan businessman Liu Han, who himself was executed nine years later for offenses related to gun trafficking and organized crime.

Biography

Originating from a rural farming background, Yuan amassed his wealth primarily in Beijing. After suffering a loss of CNY 100 million in futures trading, he attributed the failure to manipulation by Liu Han. In response, Yuan employed Wang Xing, a former police officer, providing him with CNY 160,000 to assassinate Liu. Wang delegated this task to Li Haiyang, whose assassination attempt in 1997 failed, resulting in a life imprisonment sentence. Subsequently, Wang extorted Yuan, which led Yuan and his brother Yuan Baoqi to enlist family members to eliminate Wang in 2003. Yuan was convicted for orchestrating Wang's murder in January 2005 and received a death sentence.

Just one day prior to his planned execution in October 2005, Yuan’s wife transferred shares valued at CNY 49.5 billion—including holdings in an Indonesian oilfield—to government authorities, postponing the execution until March 2006. Yuan was ultimately executed by lethal injection inside an execution van located in Liaoyang. On the same day, his brothers Yuan Baoqi and Yuan Baosen were also executed, while their cousin Yuan Baofu was given a suspended death sentence.

The case gained renewed attention in 2013 amid speculation connected to the political downfall of former security chief Zhou Yongkang, who had supported Liu Han through his son Zhou Bin. Media outlets questioned the impartiality of the trial and whether Liu Han’s influence contributed to the harsh punishments imposed on Yuan’s relatives. Liu Han himself was executed in 2015 for unrelated criminal activities.