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Showing posts with the label Henan Mine Crane

Forget Pang Dong Lai, Henan Mine Crane Pays Even More to Staff?

What kind of boss puts RMB60 million in cash on tables and encourages employees to take more? Meet Cui Pei Jun (崔培军), founder of Henan Mine Crane . His generosity deserves attention alongside Pang Dong Lai’s boss Yu Dong Lai (于东来). But one clarification matters: public figures do not establish that Henan Mine Crane pays more per employee. What they reveal is an extraordinary commitment to sharing success. What's so Special about Henan Mine Crane? Founded in 2002, Henan Mine Crane manufactures cranes. Cui says its practice of distributing cash began in 2004, long before these celebrations became social-media sensations. For 2025, the company reported RMB270 million in net profit. Its year-end bonuses totalled approximately RMB180 million, equivalent to two-thirds of that reported profit , including around RMB60 million distributed physically at the annual celebration. The rewards extend throughout the year:   Women’s Day payments, Mid-autumn payments, Spring Festival payments,...