Yan Peng · Full chronicle and history

On July 12, 2026, at the Saga International Shopping Center in Xi'an, Shaanxi, monks were invited to the spot where merchant Yan Peng had previously jumped to his death after reportedly facing a huge fine for improperly using coupons, to perform rites for the deceased.

Police stated that the Yanpeng case is being processed, and Xi'an Saige Mall is still in operation; relevant media reports were pointed out to have low readership or could not be viewed.

Merchant Yan Peng died in the incident at Xi'an Saige Mall; netizens reported that the mall cleaned the scene afterward and continued business.

At noon on July 1, 2026, a person surnamed Yan, head of Shaanxi Lihe Trading, fell from the 7th floor of the Saige mall in Xi'an and died; on August 5, authorities announced that a criminal case had been ruled out, saying he suffered from depression and had previously attempted suicide, while some online questioned whether he had been pushed off the building.

Xi'an Saige Shopping Mall fined merchant Yan Peng 11.45 million RMB on the grounds of illegally splitting and selling shopping vouchers, and withheld and froze the merchant's payment for goods.

Citizens gathered near Xi'an Saige Mall to lay flowers in mourning for Yan Peng and demand clarification, with family members, SWAT police, and a large number of police officers present at the scene.

Family members of Yan Peng argue with the police, citizens clash with the police, and multiple people are forcibly taken away.

On July 1, Yan Peng, chairman of Shaanxi Lihe Trading, fell to his death from a high place in Xi'an Saige Shopping Mall. Videos indicated that an 11.45 million yuan fine and withheld payments led to the rupture of his capital chain.

On July 1, 2026, a merchant jumped to his death at the Saga International Shopping Center in Xi'an, Shaanxi. Yan Peng, chairman of Lihe Commerce and Trade, leapt to his death after being driven to a dead end by the mall, which slapped him with a sky-high fine of tens of millions of yuan on the grounds of "improper coupon use." The incident sent shockwaves through the entire city.