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Henan Kuangshan Crane Hands Workers $26 Million in Year-End Bonuses at Cash-Filled Gala

Chairman Cui Peijun, who controls nearly all shares, says the payout is meant to ease employees’ loan pressures and continues a pattern of large staff distributions.

Overview

  • At a February 13 company gala, more than 60 million yuan in cash was laid out across roughly 800 tables for about 7,000 attendees.
  • Employees took part in interactive money-counting activities and could keep the amounts they counted, with videos of the event spreading widely online.
  • The company says total year-end payouts topped 180 million yuan, drawn from a reported 270 million yuan profit for 2025, or nearly 70% of earnings.
  • Onstage, Cui instructed the finance team to replace planned appliance gifts with cash and to give each employee an additional 20,000 yuan.
  • The crane maker operates in over 130 countries and has a track record of similar bonuses, including 170 million yuan shared in 2024 and 1.6 million yuan to 2,000 women employees on International Women’s Day.