Yupeng notched his first-ever maximum break in tournament play to win the third frame of his 4-0 victory over Andrew Higginson and become only the third player from mainland China to achieve the feat, following Ding Junhui and Liang Wenbo.
The 27-year-old was in devastating form as he reeled off further breaks of 72, 56 and 64 to seal a one-sided victory, with Higginson only managing to score a total of 53 points in the match.
Wales's Daniel Wells shocked UK Championship runner-up Shaun Murphy, beating him 4-3 in a close match.
Shoot Out
Selby wins Snooker Shoot Out opener, Lisowski through, Reanne Evans out
Sunny Akani, who ran Ronnie O'Sullivan so close in the UK Championship, won the first frame against Jimmy White with a break of 73 - but lost the next four frames on the bounce to exit the tournament.


Mark Allen 3-4 Ben Woollaston
Joe Perry 4-2 Chen Zifan
Rhys Clark 2-4 Elliot Slessor
Anthony McGill 4-0 Ryan Day
Hammad Miah 4-1 Matthew Stevens
Martin O'Donnell 2-4 Mark Joyce
Neil Robertson 4-0 Rod Lawler
Sunny Akani 1-4 Jimmy White
Ding Junhui 4-2 Jak Jones
Kyren Wilson 4-2 Chen Zhe
Zhang Anda 4-1 Mark King
Mei Xiwen 4-0 Kurt Maflin
Yan Bingtao 4-0 Matthew Bolton
Ken Doherty 1-4 Craig Steadman
Peter Ebdon 4-2 Aditya Mehta
Shaun Murphy 3-4 Daniel Wells
Hamza Akbar 4-1 Leo Fernandez
Alfie Burden 4-2 Ross Muir
Anthony Hamilton 0-4 Ali Carter
Ashley Hugill 4-3 Ross Vallance
Oliver LInes 2-4 Robert Milkins
Ronnie O'Sullivan 4-1 Michael Georgiou
Jimmy Robertson 4-3 Paul Davison
Robbie Williams 0-4 Michael Holt
Ian Burns 1-4 Tom Ford
Andrew Higginson 0-4 Cao Yupeng
Sanderson Lam 2-4 Liang Wenbo
Thor Chuan Leong 2-4 Chris Wakelin
Matthew Selt 2-4 Alan McManus
Joe Swail 4-0 Lukas Kleckers
Soheil Vahedi 3-4 Allan Taylor
Niu Zhuang 4-3 Wang Yuchen
Shoot Out
'Going to be a top-16 player' - Jimmy White dazzled by Stan Moody's Snooker Shoot Out win
Shoot Out
'What a debut' - 15-year-old Stan Moody makes memorable Snooker Shoot Out debut