×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
29
Apr 2026
weather symbol
Athens 21°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

CEO in China gives away €22 million in cash bonuses — Employees took as much as they could hold

This amount is equivalent to 70% of the total profits of Henan Kuangshan Crane Co., Ltd. for 2025

Newsroom February 26 08:56

China’s Henan Kuangshan Crane Co., Ltd. went viral on social media after its CEO decided to hand out 22 million in bonuses, with 7.3 million of it given at an event with a special condition that employees get as much money as they could carry with their hands.

The celebration at which the peculiar distribution took place on February 13. At it 800 tables were set up to accommodate about 7,000 people.

According to the South China Morning Post, the company, founded in September 2002, had a total profit of 33 million euros for 2025, meaning nearly 70% of that was shared among its 7,000 employees

>Related articles

Glovo in Italy to be placed under judicial review for exploitative working conditions

How much the new minimum wage cost businesses – Detailed breakdown of net salaries, bonuses, and seniority pay

Sex, drugs and pressure: The secret lives of Facebook moderators

It is a company that manufactures and offers crane services with a presence in more than 130 countries around the world.

As reported by the Chinese newspaper, in March 2025 the same company had distributed 195,000 euros as a bonus to 2,000 female employees on the occasion of Women’s Day

As a result of these practices, the company’s CEO has been described as “the boss who most loves to hand out money” with him responding that “it’s not that I like handing out money, but young people are burdened with car loans and mortgages and any relief we can offer helps.”

Ask me anything

Explore related questions

#bonuses#working conditions
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The blue MPs’ coquettish games & Lolita’s company, when Nikos A. gave a bonus to Haris, a deal amidst ashes, the agreements with the Qataris

April 29, 2026

CNN: Former FBI Director James Comey accused of threatening Trump via photo

April 29, 2026

32 Greek-interest tankers stranded in the Persian Gulf

April 29, 2026

Maximos Mansion defends the “executive state” but avoids opening a front with ND MPs

April 29, 2026

Greece’s tax authority sets up a digital net for influencers: How the tax office “sees” social media income before it’s declared

April 29, 2026

The 89-year-old man who opened fire at EFKA and the Court of Appeals is being brought before the prosecutor today: His life in Germany and the USA and his request for a successive pension in Greece

April 29, 2026

New 20-year LNG agreement by Aktor in Tirana with Venture Global

April 28, 2026

Mitsotakis: “€36 billion Recovery Fund would not have been invested without a strong executive state — politics cannot be done blindly”

April 28, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα