UPDATE (July 31, 2016):
We have updated these instructions to work once again! Enjoy and please follow iClarified on Twitter, Facebook, Google+, or RSS for updates. Thanks to Ahmed AlNeaimy for the tip.
Be sure to backup your device using iCloud or iTunes before beginning this tutorial. You should also update to iOS 9.3.3 if you are on an earlier firmware version. This isn't required but is suggested as Apple has fixed many bugs between iOS 9.2 and iOS 9.3.3.
Supported devices include: iPhone 5s, iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPhone SE, iPod touch 6G, iPad mini 2, iPad mini 3, iPad mini 4, iPad Air, iPad Air 2, iPad Pro.
Launch Safari from your Springboard.
Navigate to http://www.iclarified.com/jailbreak/pangu-pp.
Click the Install Now link near the bottom left of the page.
Hit the Install button on the popup that appears.
The PP app will begin downloading to your device. Bring up Control Center and watch the download carefully. As soon as it changes from Loading... to Installing... toggle Airplane Mode ON.
This will allow the PP app to successfully install. Once installed you can toggle Airplane Mode OFF.
Once the app has successfully downloaded to your device you must trust the enterprise developer profile used to sign the PP app.
Tap Settings, then General, then Device Management.
Select Beijing Hong Yuan Online Technology from the list of Enterprise Apps, tap Trust Beijing Hong Yuan Online Technology, then click the Trust button from the popup that appears.
Return to the Home screen and launch the PP app. When asked to allow push notifications, click OK. Uncheck the PP box below the large circle, then tap the circle.
Manually lock your screen and then wait for 6 seconds. You will receive a push notification that says your device has been jailbroken successfully.
Unlock your device, reentering the PP app. You will see a circle with a loading animation. It is preparing the jailbreak environment for Cydia. When complete, your device will respring with Cydia on the Springboard!
This jailbreak requires that you re-execute the jailbreak after each reboot. Do not delete the PP app off your device. You will need to re-open it and tap the circle after every restart.
***A big thanks goes out to the Pangu Team, Totoa Team, and all the others who had a hand in creating this jailbreak.
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