Nian Guangjiu

Nian Guangjiu (; 17 January 1940 – 11 January 2023) In 1963, he was convicted of "speculation and profiteering" (投机倒把罪) for selling fish; he was convicted to one year in prison and served five months. letting the business develop for the time being; as a result, Nian was not penalized.

As Nian's business thrived, he expanded to Shanghai. In 1983, the Wuhu government invited him to start a joint venture with a government entity; Nian initially refused, but later agreed.

Personal life Nian Guangjiu was married multiple times. In November 2006, his son Nian Jinbao (年金宝) died in a slum in Wuhu of what was found to be carbon monoxide poisoning. In November 2008, another son was kidnapped in Zhengzhou; the case drew the attention of city and province-level authorities, and after 32 hours he was rescued by police.

Legacy As a pioneering entrepreneur in post-1949 China, Nian remains a symbol of the country's market-oriented reforms and increasing support for private enterprise during the reform and opening up period.